What Hollywood Can Teach Us About Compliance
Compliance is often viewed as a dry and tedious topic, but Hollywood has produced several movies that demonstrate the importance of compliance in a compelling way. In this post, we'll explore what Hollywood can teach us about compliance.
"The Big Short":
This movie is based on the true story of a group of investors who bet against the housing market before the 2008 financial crisis. The movie highlights the importance of understanding and managing risks and the consequences of failing to do so.
"The Wolf of Wall Street":
This movie is based on the true story of Jordan Belfort, a former stockbroker who defrauded investors out of millions of dollars. The movie highlights the importance of having effective compliance programs in place to prevent fraudulent activity and ensure ethical behavior.
"The Insider":
This movie tells the story of a whistleblower who exposes the unethical and illegal practices of a tobacco company. The movie demonstrates the importance of reporting violations of ethical and legal standards and the risks of failing to do so.
"The Firm":
This movie tells the story of a young lawyer who joins a prestigious law firm and discovers that the firm is involved in illegal activities. The movie highlights the importance of due diligence in vetting potential business partners and the risks of failing to do so.
"The Accountant":
This movie tells the story of a highly skilled accountant who works with criminal organizations. The movie demonstrates the importance of maintaining independence and avoiding conflicts of interest.