Compliance pay costs soaring
Research by recruitment firm Robert Half has pinpointed the soaring costs of compliance experts on the City of London.
According to an article by newspaper City AM, the research found that a rising headcount was the largest additional cost for 62% of compliance departments in 2012.
The research across the financial services industry including banks, insurers and investment groups, highlighted bank compliance managers in particular as being set for a further average rise of 7.1% in 2013 with their teams in line for similar increases.
The article quoted Robert Half's report as stating: "The unstoppable rise of new
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