The euro Getting the euro area inflation rate back up closer to 2 per cent, in line with the medium term target of the European Central Bank (ECB) is technically quite a tricky challenge.
It will not be an exaggeration to say that some of the big losses suffered by banks on account of frauds could have been avoided if a good compliance culture was ingrained in respective banks. As defined earlier, compliance also includes adherence to internal policies and procedures of banks.