With the big end of town somewhat subdued, the regulators now face a much tougher policing job as financial misconduct – like finance itself – is increasingly 'democratised’.
Elizabeth Holmes, charged with fraud over the Theranos collapse, understood the psychological vulnerability of the ultra-rich.
In his new book Too Much Money, Max Rashbrooke takes aim at the growing wealth and class divide in this country: "It is a classic case of people wanting something to be done about the issue but not necessarily being willing to sacrifice a lot to have it done."
IRD has written off penalties and interest for close to 46,000 businesses, but liquidations are on the rise.