Advanced, Integrated Surveillance Can Help Banks' Reputations and Profits |
| April 21, 2015 | April 2015 Bond Updates |
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Regulatory compliance is expensive, but the cost of compliance-related failure is much, much higher. In 2012 and 2013, banks paid more than $3.7 billion in fines for attempts to fix the London Interbank Offered Rates (LIBOR), and individual banks have paid multi-million – and multi-billion – dollar fines related to offenses ranging from insider trading to benchmark rates fixing to rogue trading. |
| View more at: http://www.forbes.com/sites/steveculp/2015/04/20/advanced-integrated-surveillance-can-help-banks-reputations-and-profits/ |
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