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Exact(30)
Perhaps most serious for Mr. Ognibene is the prospect of criminal charges.
And, unlike in the United States, in the Europe Union price fixers do not face the prospect of criminal prosecution.
Lord Myners, the former City minister under the Labour government, told Newsnight: "This behaviour will only change if people face the prospect of criminal charges".
The prospect of criminal cases is expected to rattle the banking world and provide a new impetus for financial institutions to settle with the authorities.
Certification, carrying with it the prospect of criminal prosecution for the signatories if the accounts later proved to be fraudulent, would presumably not be done lightly.
Although there may not be a "systemic problem," that is little solace to individuals facing the prospect of criminal prosecution without the tools to adequately defend themselves.
Similar(30)
McOwan isn't overly worried by the prospect of criminals sabotaging autonomous machines.
With the prospects of criminal action, several firms, including at least two European institutions, are scrambling to arrange deals, according to lawyers close to the case.
4.12pm BST CNN's Kurtz ask Greenwald if the prospect of a criminal investigation worries him.
In Venezuela, Ford and Firestone face the prospect of a criminal investigation over the tires.
"I don't think there's any prospect of reviving criminal investigations in the United States," Coll says.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com