Banks around the world are continuing to be penalized heavily for their inability to meet with ever-changing and complex financial regulations. Regulatory fines imposed in 2017 alone proved this to us in many ways. For example, financial intelligence regulator Austrac handed gaming giant Tabcorp a fine of AUD 45 M (USD 35 M) for non compliance, the highest ever civil penalty in corporate Australian history. We also saw U.S. authorities hit BNP Paribas with fines amounting to approximately USD 600 M for market misconduct and trader collusion that took place over 6 years. The big fines also keep coming for Deutsche Bank, the German lender was hit with about USD 630 million in penalties on a USD 10 billion Russian money-laundering scheme.