The Department of Justice’s Corporate Enforcement Policy
Learn more about the Department of Justice's updates to its Corporate Enforcement Policy in our latest whitepaper, and how AI-enabled communications surveillance can allow your firm to stay ahead of regulatory enforcement by detecting and flagging misconduct quickly and efficiently.
Are we entering a new era of deregulation?
With regulators shifting focus away from enforcement and emphasizing the benefits of self-reporting early, are we entering a period of deregulation in financial services – and what does this mean for firms?
$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.
Regulatory Wrap episode 64: Global regulators crack down on finfluencer violations
In Regulatory Wrap for the week to June 20, Kathryn Fallah covers the international crackdown on financial influencers, also known as “finfluencers.”
Regulatory Wrap Episode 59: SEC cracks down on settlor’s remorse
In Regulatory Wrap for the week to April 18, Kathryn Fallah unpacks what the SEC deems a case of “settlor’s remorse” following a request by 16 firms to amend off-channel communications settlements.
The FCA, WhatsApp, and recordkeeping
The FCA surveyed UK banks on the use of encrypted and unmonitored messaging apps like WhatsApp and Signal, with no specific enforcement action currently in the works. Firms must still ensure compliance with recordkeeping rules, regardless of technology used.
With a changing of the regulatory guard, what are the implications for U.S. off-channel communications?
Susannah Hammond explores what recent changes at the SEC might mean for U.S off-channel communications and recordkeeping enforcements.
Buying a compliance solution? 4 things to consider before you commit
Choosing a compliance technology vendor can be complex. Global Relay has highlighted four key considerations to bear in mind before you sign.
Game over – Controversial “name and shame” proposals axed by FCA
The U.K. financial regulator has confirmed that it won’t move forward with a policy planned to name firms under investigation following substantial criticism from industry and government figures.
Is CIRO set to be the new Canadian Regulatory Hero?
CIRO is set to streamline the work of IIROC and the MFDA by harmonizing compliance rules and enhancing existing cybersecurity protocols.
New year, same SEC as 12 firms hit with $63 million in off-channel communications fines
The SEC has fined 12 firms a combined $63 million for recordkeeping failures relating to off-channel communications – but does this set the regulatory tone for the year to come?