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Podcast: The Afternoon Update with Lynlee Foo
Episode: Industry Insight: Why regulators are stepping up against financial crime
Description: Findings from a report by financial compliance software firm Fenergo show that regulatory penalties for financial institutions jumped 417% in just the first half of 2025, the sharpest rise in years. Fines surpassed US$1.2 billion worldwide, with crypto and sanctions in the spotlight. So why are penalties soaring, and what does this mean for Singapore’s financial sector? On Industry Insight, Lynlee Foo speaks to Cengiz Kiamil, Managing Director at Fenergo to find out more.See omnystudio.com/listener for privacy information.