Special Report: SPECIAL REPORT: GLOBAL TRENDS IN ENFORCEMENT OF FINANCIAL SERVICES REGULATION
Special Report
SPECIAL REPORT: GLOBAL TRENDS IN ENFORCEMENT OF FINANCIAL SERVICES REGULATION
Enforcement action is moving from being seen as another cost of doing business to a sharply-focused deterrent aimed increasingly at individuals rather than firms. Chief executives and other senior figures are being targeted by regulators who need to not only be tough but to be seen to be tough. As a result, the assessment of the lessons to be learned from enforcement action needs to become a core competency at all financial services firms.
This report reviews the enforcement activities of regulators worldwide from the UK, the United States, the Gulf, Hong Kong and Australia and their efforts to police market conduct.
