Risk.net Big dip in fines belies lingering fears over Covid loan mis-selling and sanctions risk Print this page
When supervisors intervened in markets over the past 12 months, it was more often to protect lenders than slap firms with fines: with a couple of notable exceptions, regulatory penalties in 2020 plummeted as Covid-19 spread across the globe. Still, regulatory risk – the fear that changes to rulesets and supervisory expectations create openings for operational mis-steps, disclosure challenges, restrictions on activity or straightforward financial penalties – is never far from thought for banks Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.