The attempts by US regulators to steer businesses towards tightened laws at home are now stretching across the pond to both UK and other foreign companies
The activities of regulators around the world are constantly hitting the headlines as they use all the powers and laws at their disposal. Nowhere is this more prevalent than in the US, as regulators look to reinforce their authority after coming under fire in the wake of Bernard Madoff’s alleged $50bn (£35bn) investment fraud. Not only are the US regulators determined to clamp down on home soil, UK and foreign businesses and individuals are facing an increased threat from the long arm of the US law.
