• You have learned about the anti-money laundering failures at HSBC and many of the opportunities to reduce their risk prior to being assessed major fines and ensuring material costs of remediation and reputational damage.
• As you look back at their history of failures and failures since their original regulatory enforcement by the OCC and then the Department of Justice:

Question:

What actions do you think they could have taken prior to prevent the degree of impact these failures had on their company?