These fines DO discourage these behaviors. As some who handled fines at a very large bank, a fine would ALWAYS change the bank's procedures. ...and not only fines against us, but fines against ANY bank would alter procedures.
Please don't respond to a bad comment with an attack of your own. Your reply would have been fine with just the second sentence, and better still with just the second clause of the second sentence.
Or at least that’s what my argument would be in court.