Personal accountability will be focus in 2016, US ACI head says
Regulators likely to target senior management suspected of neglect
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
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