An agile team is working for a financial institution and the sponsor worries agile won't meet compliance standards. How should the project manager mitigate this risk?

The most effective way to mitigate compliance risk in an agile environment is to integrate compliance requirements directly into the team's workflow. By meeting with the compliance team and incorporating their requirements into the Definition of Done (DoD) for each story, the project ensures that compliance is built-in from the start, rather than being an afterthought. This proactive approach guarantees that every increment of work meets necessary standards. Extending peer reviews is helpful but doesn't guarantee comprehensive coverage or early integration. Making the compliance group responsible for prioritizing requirements in the backlog shifts accountability away from the development team and doesn't ensure implementation. Proposing a compliance review board creates a gate, which can slow down delivery and doesn't embed compliance into the development process itself.