Broker Dealers

Are your third parties operationally resilient? Key considerations for UK firms

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.

Enforcing from within: Morgan Stanley proactively tackles compliant communications

American multinational investment firm, Morgan Stanley, has taken bold steps to prevent non-compliant communications by issuing employees with financial penalties.

5 key messages from FINRA’s 2022 Report

FINRA has published its annual Examination and Risk report. We take a look at the five key provisions of FINRA’s Report for end-to-end communications and data – from restricted channels to regulatory reporting.

Illicit comms: not just a few bad actors

As technology evolves, it's hard for firms to ensure compliant communications. But does banning certain apps lead to a rise in illicit comms?

| Blog

For data center owners and operators, it ain’t easy being green

Global Relay’s Senior Writer for Due Diligence, Vince Mendoza, talks about the intricacies and importance of green data centers.

DOJ’s CCO Certification Requirement: raising the stakes for CCO liability

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?

SEC Marketing Rule: compliance and confusion

The SEC’s Marketing Rule came into force on November 4, 2022, making substantial amendments to Rule 206(4)-1. We look at how investment advisers can successfully demonstrate compliance despite its complexity.

SEC brings recordkeeping into the 21st century with Rule 17a-4 amendments

The SEC has made amendments to recordkeeping Rule 17a-4 for the first time in 25 years. But what do the amendments mean, and how can firms prepare?

New Year, New SRO: Canada’s new single self-regulatory organization

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.

Helpful lessons from TSB’s £48 operational resilience fine

There's hidden gold in all enforcements. We take a look at regulatory lessons in light of a £48m fine for operational resilience failures.

When it comes to safety and privacy for electronic communications data, location is everything

Global Relay’s Senior Writer for Due Diligence, Vince Mendoza, reflects on the importance of location when storing electronic communications data.