Global Enforcement Fines Surge to $5.65 Billion in Q3 2023, Marking a 30% Year-to-Date Increase
Corlytics, a leading provider of regulatory risk intelligence and compliance management solutions, has released its Q3 2023 global enforcement fines report, revealing a significant surge in fines to $5.65 billion. This marks a robust 30% increase compared to the cumulative penalties in the previous two quarters ($1.5 billion and $2.27 billion, respectively).