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Drata hires Guruprakash as Chief Product Officer

Plus, DOJ and FinCEN hand out $1bn in AML fines this year, ExThera Medical CRO admits healthcare fraud conspiracy, and OFAC greenlights Iran wind down.

2 March 2026 · 4 min read

Drata hires Guruprakash as Chief Product Officer

Drata's brought in Bharat Guruprakash as Chief Product and Technology Officer to drive its compliance automation platform forward. Separately, enforcement action is piling up: the DOJ and FinCEN have already imposed over $1 billion in AML penalties in the first half of 2025, a healthcare CRO has pleaded guilty to fraud conspiracy, and OFAC has issued a general licence allowing firms to wind down Iran exposure. We've got the details across all four.

In today's brief

  • 1 Does RegTech consolidation around AI-driven platforms reshape how compliance teams resource GRC?
  • 2 Has the enforcement pivot toward transaction monitoring gaps replaced sanctions compliance as regulators' priority target?
  • 3 How did a chief regulatory officer become the face of a $6m healthcare fraud conspiracy?
  • 4 What does OFAC's new Iran wind-down licence mean for your blocked account protocols?
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