Fast-forward to this, Reuters reported in September 2017 that regulators in the United States and Europe have imposed $342 billion of fines on banks for misconduct since 2009, including violation of anti-money laundering rules, and that is likely to reach $400 billion by 2020. According to Forbes, in April 2019, the British bank Standard Chartered was hit with whooping fines of $1.1 billion for violating sanctions and being used as a conduit for money laundering.