CURRENCIES RISING INTEREST What are regulators watching? Wolters Kluwer's 2024 Regulatory Violations Intelligence Index offers data about enforcement priorities from 2018 to 2023. REGULATORY CATEGORIES IN FOCUS Competitionrelated offenses Consumer protectionrelated offenses Financial offenses FEDERAL AND STATE WHICH CATEGORY HAD THE MOST ENFORCEMENT ACTIONS? 40 60 80 100 120 140 20 2018 H1 2018 H2 2019 H1 2019 H2 2020 H1 2020 H2 2021 H1 2021 H2 2022 H1 2022 H2 2023 H1 2023 H2 95% of consumer protectionVALUE OF THE PENALTIES ISSUED PER CATEGORY, 2018-2023 $4B $6B $8B $10B $12B $2B $0B 2018 H1 2018 H2 2019 H1 2019 H2 2020 H1 2020 H2 2021 H1 2021 H2 2022 H1 2022 H2 2023 H1 2023 H2 related penalties were issued by state-level bodies. ENFORCEMENT 86% of competitionrelated offense penalties were issued by federal bodies. 74% of financial offense penalties were issued by federal bodies. 12 // ICBA Independent Banker // December 2024 PENALTY AMOUNTS PENALTIES