Despite the record fines levied by US and UK regulators throughout 2015, there is no sign of prosecutions, extraditions and compensation claims slowing down as we move into the tail end of the year. With the Serious Fraud Office (SFO) securing special funding from the Treasury to pursue at least 12 others in relation to LIBOR fixing, and the case of Navinder Singh Sarao testing the mechanics of existing extradition treaties, the financial world continues to shake under ever-increasing regulatory scrutiny.
