What can financial services firms learn from the AWS outage?
An outage of Amazon cloud services that impacted thousands of businesses and millions of users has raised serious questions around Big Tech monopolies – and how firms can increase their cyber resilience.
Over a decade of partnership enables Baird to centralize and scale compliance
Learn how Global Relay helped Baird move from a patchwork of legacy solutions to a unified view of communications compliance.
FINRA fines broker $10,000 for off-channel communications breaches
An ex-Wells Fargo broker has been fined and suspended by FINRA for breaching recordkeeping rules, and attempting to cover up misconduct by deleting messages.
CPPA issues record $1.35 million fine for data privacy failures
The California Privacy Protection Agency has issued the largest fine in its history, levied against Tractor Supply Company for multiple violations of the California Consumer Privacy Act.
FCA crypto consultation proposes firms play by conduct and resilience rules
The Financial Conduct Authority is consulting on which minimum rules should apply to cryptoasset firms, particularly regulations governing operational resilience, governance, and the conduct of senior staff.
SEC plants crypto recordkeeping seeds with Spring 2025 agenda
Securities and Exchange Commission Chairman Paul Atkins has set the regulator on a course toward crypto with its early ‘Spring 2025’ statement, including proposals to bring crypto under the scope of existing recordkeeping regulations.
FCA Survey finds 178 WhatsApp policy breaches, with over 41% from senior staff
A survey of 11 wholesale banks found that 178 breaches of communications compliance policies were reported, despite firms introducing compliance recording and monitoring solutions, and the majority came from senior employees.
$15,000 FINRA fine for concealing profit-sharing via off-channel communications
A former Charles Schwab representative has been fined $15,000 and suspended for concealing an unauthorized profit-sharing agreement in “thousands” of off-channel text messages and emails.
The Source Podcast: Teamwork makes the dream work – How to get employee buy-in on compliance
In this episode of The Source podcast, we explore why firms are struggling to get employees to stick to compliance rules and to set the right "tone from the top" for them to follow. Featuring special guest conduct, culture, and risk expert Emma Parry.
FCA to streamline SM&CR in bid to reduce regulatory burdens
Amid efforts by the U.K. government to boost investment, innovation, and growth by cutting “red tape”, the Financial Conduct Authority has laid out plans to “streamline” elements of the Senior Managers and Certification Regime to “make the regime less onerous to firms.”
Secure, seamless, streamlined – Why switch to Global Relay?
While changing unified communications vendors may not have been part of your plan for 2025, switching can unlock benefits including increased security, reduced complexity, and enhanced data completeness – and the switchover process doesn’t have to be painful.
