Security News > 2017 > September > European banks at mercy of US regulators

European banks at mercy of US regulators
2017-09-12 12:55

European banks are under disproportional enforcement pressure from US regulators. Since 2012, of the $38.4bn levied in economic crime fines worldwide, 97 percent of all fines have come from US regulators. With the average fine for European banks being ten times the amount US banks have been served. Top 10 EU banks: Enforcement from US regulators The Corlytics Barometer, which this issue focuses on economic crime globally, reveals that enforcement action for sanctions and tax … More →


News URL

http://feedproxy.google.com/~r/HelpNetSecurity/~3/RAYueJSv0w8/