Reading Between the Fines - A Deep Dive into Financial Institution Penalties in 2022


Regulators handed out just $4.2 billion in enforcement actions for non-compliance with a wide range of regulations in 2022, down 22% from 2021.

Yet with financial crime continuing to rise amid a global economic crisis, and more sophisticated criminal methods for fraud and money laundering, enforcement actions for AML-related breaches increased by 52%.

The annual research report, 'Reading Between the Fines' - dives deep into Fenergo's analysis of enforcement data from 2022, as well as:

  • The trends driving enforcement actions, and why fine values have plateaued in recent years
  • Why 2022 was a watershed year for crypto, and what to expect from the regulatory crackdown on digital assets
  • Best practice for managing risk exposure and for detecting and preventing financial crime
  • Predictions: what 2022’s data tells us about the regulatory landscape going forward


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