Insurance

Global Relay Industry Insights: Compliant Communications 2024

Global Relay has compiled and analyzed industry responses to regulatory action to lift the lid on how compliance, risk, and surveillance executives are managing business communication, and their attitudes to emerging risk, from AI to social media.

FCA’s Operational Observations: are firms prepared for operational resilience deadline?

The Financial Conduct Authority has published its observations on how firms are preparing for new operational resilience rules coming into force in 2025, which acts as a guide of focus areas for firms.

JPMorgan Chase hit with almost $350 million in fines for gaps in trade surveillance data

With JPMorgan Chase being fined a considerable $350 million sum for “unsafe or unsound” practices around trade surveillance, what impacts will this have on how firms trade and communicate compliantly?

OCC to join regulatory rollout as it eyes operational risk requirements for banks

The OCC has announced that it is focusing on baseline operational resilience requirements for large banks with critical operations.

Name and shame – FCA vows more transparency to increase deterrence

The Financial Conduct Authority has set out its commitment to increasing transparency of its investigations, intending its new “name and shame” strategy to deter firms and individuals from non-compliance.

Why cybersecurity is the one to watch for global regulators in 2024

Rapid digitalization and technological innovation have offered a wealth of advantages to financial industry practices by redefining business operations. Though, consequently, the threat to cybersecurity is as present as ever. How have regulators begun to maneuver this pressing matter? And will it be a trend to watch in the coming year?

Letter of intent – FCA requests non-financial misconduct data from insurance firms

The FCA has continued its focus on non-financial misconduct by issuing a letter to insurers and insurance agents requesting information on NFM incidents at firms – including the outcomes of these incidents.

Exclusive: A fireside chat with Jamie Bell, Head of Secondary Market Oversight at the FCA

On February 7, 2024 we were joined by Jamie Bell, Head of Secondary Market Oversight, FCA, to discuss conduct, culture, and compliance challenges – from non-financial misconduct to AI and crypto.

Industry Insights Report: Compliant Communications 2023

Global Relay's first industry insights report, which serves as a litmus test for market responsiveness to regulatory action for recordkeeping and communications compliance.

Global Relay launches new digital information service – GRIP

Subscription service to deliver valuable intelligence and insights on practical compliance, regulatory change, and how to maximize technology to streamline these practices.

Article

The impact and implications of DORA

"Security is not a choice any more… it’s time for a significant evolution in thinking and behavior”

Article