Banks must adapt to new aggressive regulatory regime in UK

New structure sets the stage for shift in emphasis

attack-dog

Law enforcement agencies are targeting individuals and companies involved in financial crime more aggressively than ever before. This is particularly true in the UK, where legal changes have been accompanied by a full shakeup of the regulatory and law enforcement structure. "The tide has changed towards a more aggressive approach to corporates," says Barry Vitou, a partner at Pinsent Masons, a UK law firm. "Law enforcers are prepared to take on the corporation. Are corporates becoming more ca

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