'Regulatory authorities handing out fines relatively new in the Netherlands'
In today's Financieele Dagblad, Joost Italianer was interviewed for the article 'Dutch banks and insurers have been fined for EUR 2.15 billion since financial crisis.' The fact that only a small part of this amount was imposed by Dutch regulatory authorities, can be explained by the Dutch mild attitude towards crime and criminals, Joost says. "Compared to the US, we have less people behind bars. So when setting those fines, that attitude must have played a role."
Read the article (available in Dutch & log-in required).