Highlights:
1. Over 71% of EMEA-based firms plan to integrate AI into their compliance workflows within the next year compared to 43% of NA firms
2. Over half of North American respondents believe that total bans on channels like WhatsApp and WeChat are effective solutions to prevent off-channel comms compared to 31% of EMEA-base firms
3. 52% of EMEA-based firms allow employees to communicate on all channels and monitor them compared to 31% of North American firms that enable and monitor all channels
4. 39% of firms worldwide are enabling and monitoring comms channels, which is a big increase compared to 10% of firms worldwide in 2023
5. The number of firms banning channels alongside those that think channels bans are effective is dropping each year
This episode is brought to you by Global Relay’s Director of Regulatory Intelligence, Rob Mason.