Moreover, the bank has been accused of breaching rules related to U.S. mortgage foreclosure practices. After year-long investigations into HSBC's compliance with anti-money laundering rules, the subcommittee alleged that the bank failed to meet the rules. This could possibly result in hefty penalties. Apart from the senatorial committee, the Department of Justice and the Office of Foreign Asset Control are also probing the bank. The investigation revealed substantial lapses in the bank's anti-money laundering compliance. This resulted in a worldwide displacement of funds from riskier nations through the bank and indicates prospective failure of HSBC's enterprise risk management. According to S&P, the actions on the part of U.S. regulators are uncertain. Therefore, HSBC has kept aside about $700 million to meet regulatory fines. As of the six months ended June 30, 2012, HSBC has also made provisions of $2 billion for regulatory fines and associated costs over $1.1 billion made in 2011.