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US regulators increasing oversight of UK finance industry

'Size of the Atlantic Ocean' does not mean UK financiers are safe from US regulators

Wednesday, 30 May 2018 at 20:01

US regulators increasing oversight of UK finance industry

US regulators are ramping up their scrutiny of UK financial services executives, according to data compiled by City law firm RPC.

Watchdogs in the US asked their UK counterparts to help them investigate finance professionals in the country 203 times in the 12 months to December 2017 — a 17% jump from 174 over the same time period in 2016.