Fines for Misconduct in the Banking Sector – What Is the Situation in the EU?
Uitgebreide analyse
20-03-2017
This paper was drafted under supervision of the Economic Governance Support Unit. The US system for addressing bank misconduct through fines delivers a number of lessons for the EU with regard to the design of bank enforcement architecture and the need to develop common approaches across national and EU levels with a view to avoiding regulatory arbitrage. Following the crisis, the highest money penalties imposed on banks in the US related to mis-selling of financial products – a criminal offence falling under the remit of Department of Justice – rather than to breaches of prudential supervisory requirements.
Uitgebreide analyse
Externe auteur
Elena Carletti
Nadere informatie over dit document
Publicatietype
Zoekterm
- aansprakelijkheidsvordering
- administratief beheer
- Amerika
- bank
- bankcontrole
- ECONOMIE
- economische analyse
- economische geografie
- EU-instellingen en Europese overheid
- Europese Bankautoriteit
- EUROPESE UNIE
- financieel risico
- financiële instelling
- financiële instellingen en krediet
- FINANCIËN
- gedragscode
- GEOGRAFIE
- INTERNATIONALE BETREKKINGEN
- internationale politiek
- klokkenluiden
- ONDERNEMING EN CONCURRENTIE
- POLITIEK
- politiek en openbare veiligheid
- politieke geografie
- RECHT
- rechtspraak
- risicobeheer
- statistiek
- Verenigde Staten
- vrij verkeer van kapitaal