As third-party vendors slowly become the backbone of the operation of financial services, there’s increasing focus on the operational resilience of those third parties. We set out 5 considerations that should be top of mind.
American multinational investment firm, Morgan Stanley, has taken bold steps to prevent non-compliant communications by issuing employees with financial penalties.
Global Relay’s Senior Writer for Due Diligence, Vince Mendoza, talks about the intricacies and importance of green data centers.
Last year, the U.S. DOJ introduced a new CCO Certification Requirement, placing even greater liability at the feet of senior compliance officers. Does the new rule empower, or just add more weight to CCO shoulders?
On January 1, 2023, Canada welcomes a new Canadian self-regulatory organization and a new Canadian Investor Protection Fund. We take a look at the details.
There's hidden gold in all enforcements. We take a look at regulatory lessons in light of a £48m fine for operational resilience failures.
Global Relay’s Senior Writer for Due Diligence, Vince Mendoza, reflects on the importance of location when storing electronic communications data.
The Department of Justice has alluded to new rules around the use of personal communication devices, and points to senior manager involvement as an aggravating factor for non-compliance.
FINRA has taken action against an investment bank and two senior managers for their use of text messages for business activity. We explore why this enforcement matters for the compliance team.