Beware of the grey

Barclays' fines, the GlaxoSmithKline settlement with the US government, and now Bafin’s investigation into Deutsche Bank prove governments are mining the lucrative grey areas of the law to find wrongdoing.
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A spoof Barclays ad that went viral in the wake of Liborgate
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<div style="text-align: left;"> A spoof Barclays ad that went viral in the wake of Liborgate </div>

The US government has long known that one way out of an economic downturn is to mine the “grey areas” of the law to reap rewards. Practices that have traditionally been loosely interpreted suddenly are strictly interpreted, and fines imposed.

¬ Haymarket Media Limited. All rights reserved.

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