Financial Services Practice: Mayer Brown

Law360, New York (December 1, 2008, 12:00 AM EST) -- Some banks and other financial institutions that may be looking to cut costs to weather the financial crisis should steer clear of cutting back on regulatory compliance and risk management efforts, according to lawyers from Mayer Brown LLP’s financial services regulatory and enforcement practice group.

Helping clients stay out of trouble in these troubling times means helping them realize they have to resist the temptation to see compliance and risk management as a cost that can be slashed, said Scott Anenberg, a Washington, D.C.-based co-leader of...
To view the full article, register now.