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Fintech wrap: New regulatory violations index and MPs warn of government bank account snooping

Montage of a wooden mannequin holding a US $100 dollar bill.
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We look at the latest big stories in fintech.

Accounting and audit firm Wolters Kluwer has released a new index designed to highlight key trends in US regulatory supervision.

The top three violation categories remained consistent over the index assessment period covering 2018-23, with consumer protection-related regulations driving the highest number of penalties, and competition-related regulations the lowest.

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