bnp, regulatory risks surrounding the banking sector, andy lynch is still with us.r investment thoughts and start with the banking sector. we have seen this at barclays, bnp paribas likely to be fined as a result of sanctions violations. regulatory risk, a hot topic for the banks. >> the regulators are still combing through all the stuff that banks have been doing over the last decade. i am sure we are going to get more of these stories of wrongdoing in the past and sadly, the scale of the penalty is being levied on an upward trend. a you will see more banks paying more penalties area -- penalties. good news for us as taxpayers. the government has more money. >> one of the elements is going to be there inability to do clearing in dollars as caroline was saying. they have been given leeway on the timing of that so they can look for another option. we spoke to a currency expert who was saying that one of the implications for this could be another threat to the role of the dollar as a global reserve currency because banks are going to look for ways to get around using