The Transparency International website that you&#x27;ve linked does talk about financial regulation in the EU, but Transparency International&#x27;s position is that the regulators have failed - that they have not, in fact, clamped down on fraud and corruption, and that close ties between regulators and the banks they&#x27;re regulating have made them unwilling to act. You&#x27;re using a web page criticising regulators for failing to take action as proof that they didn&#x27;t fail to take action.