As we already know, Regulators do not manage or run a bank. As a compliance employee, part of your role may be deciding when include regulators. This product does not expose abnormal risk of privacy violations; there is always a "fine line" with regulators. Should the bank move forward

with the projects without regulators?, does asking for permission to take on a project show any negative precedent? Do you think the bank's conclusions is accurate? If yes, why? If no, why? What role should the regulators have in this product launch? Why?