Personal accountability will be focus in 2016, US ACI head says

Cuffed white collar crime attracts low tariffs — No escape: watchdogs may punish management

Laura Matthews
04 Jan 2016

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Enforcement actions against senior managers in banks could pick up in 2016, shifting the focus to individual accountability, as regulators continue to investigate allegations of misconduct in the financial industry, says Jack Drohan, president of the US foreign exchange trade body ACI America and partner at law firm Drohan Lee.

Banks have already agreed to pay out billions of dollars to regulators to settle various matters of misconduct at their firms, but the watchdogs have yet to punish

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]