Cost of regulation for world’s top 100 financial institutions is €36 billion; Uneven Irish regulatory burden between large and smaller institutions
May 26th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The world’s top 100 financial institutions have seen their expenditure on regulation and compliance rise by more than 30% in the past three years to an estimated €36 billion (US$56 billion) in 2007, according to a new report by Deloitte, the business advisory firm.