Regulators 'driving fraud investigations'

Regulatory pressure is the main factor driving internal investigations, according to one forensic specialist

Internal investigations of fraud and other wrongdoing at banks have more to do with regulatory pressure than commercial motives, believes Ernst & Young's London-based director of fraud investigation, Simon Placks. "Where the regulators are focusing their attention is where we see an increase in investigations," Placks says. "I get  involved in a lot of intellectual property theft and data breach investigations; that's high-profile at the moment, because there is an increased need to report those