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It shows they have never worked in a regulated industry like banking. FRTB, MIFID 2, PRIIPS RTS etc etc all have/had fixed deadlines and sanctions against the c
by gadders 4y ago
It shows they have never worked in a regulated industry like banking. FRTB, MIFID 2, PRIIPS RTS etc etc all have/had fixed deadlines and sanctions against the company for non-compliance.
- hef19898 4y agoOr heard the term "monthly / quarterly / year end closure in places they worked at. Or faced contractual penalties for late deliveries. Or faced some deadlines caused by investors / burn rate, or any number of reasons. Or, the other way round, had to wait for someone to finish things they needed or wanted, e.g. a plumber showing up at their place to repair a leak. People refusing to commit and see those commitments through are such a pain to work with.
- gadders 4y agoAgreed. It's a naive view.