Latest articles from Victor Smart

Andrew Schmulow

Australian royal commission turns out to be less radical than banks feared

A slew of banking scandals in Australia has seen the authorities conclude that it was less the law that was at fault and more a case of it not being applied vigorously enough by regulators. The subsequent recommendations aim to address the deficit in application

Piers Haben

Europe forced to rethink conduct regimes following Danske Bank scandal

A spate of money laundering scandals is forcing EU regulators to rethink the way they regulate and monitor financial institutions’ activities around ‘dirty’ money

Union flag

Toughness of UK’s conduct regime questioned

Following the global financial crisis a decade ago, UK regulators imposed one of the toughest conduct regimes seen in banking, but recent events have had some observers wondering whether it really has teeth. By Victor Smart.