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Study Delves Into the Extensive Costs of Non-Compliance

Joe Mont | November 19, 2014

What’s the true cost of non-compliance? The true scope of damages can go beyond even the largest fines.

A new study by Thomson Reuters, “Rising Costs of Non-Compliance,” makes the case that monetary fines, while significant and growing, may be the least of what worries executives. “Regulators have lost patience and, in a world where super-size fines no longer either shock or deter, have moved on to using a wider range of measures to ensure compliant behavior,” the authors say.

Financial implications, beyond actual monetary damages, can include the end of a business line and an inability to sell specific products. Regulatory action can have a negative impact on the share price of a firm and damage its relationship with investors. Firms may be required to increase liquidity or capital, putting them at a disadvantage...

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