Rogue Trading: Leaving Less to Fate

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Frederic Boulier, Head of EMEA Compliance at NICE Actimize

It has been a momentous week in the legal journeys of Europe's two more infamous rogue traders. Jérôme Kerviel has officially lost his appeal, leaving only France's highest court of cassation and, perhaps, the European Court of Human Rights as means of avoiding a three-year jail sentence for manipulating Société Générale's Delta One desk trading activities beyond his authority, losing $7 billion in the process in 2008.

Across the Channel at the trial of Kweku Adoboli in Southwark Crown Court, th

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