Is recordkeeping the key to managing personal regulatory risk?
Firms need strong recordkeeping to manage personal regulatory risk and meet growing accountability demands. Clear documentation helps prove compliance and shields managers from liability.
Is FINRA focusing on fairness by reducing HSP compliance burdens?
The SEC's January 2025 settlements for off-channel comms violations introduced lighter compliance terms, creating a divergence between earlier enforcement actions that imposed stricter membership oversight requirements on FINRA firms. After the SEC's rejection of a petition to review the pre-2025 settlements, FINRA is now looking to level the field by easing collateral consequences.
Understanding compliance: Definitions, importance, and best practices
Despite the availability of copious communication tools and platforms, email remains the backbone of business communication. Irrespective of the type and purpose of your emails, the reliability of your email delivery has far-reaching implications for your business. That’s where SMTP relay services step in, quietly powering the seamless flow of messages behind the scenes.
Understanding Data Archiving: Solutions and Best Practices
Data archiving is a significant part of a business’s data management system, protecting the integrity of your data by securely storing it.
Comprehensive guide to eDiscovery solutions for compliance in financial services
In an age where compliance management has never been more critical, join us in this comprehensive guide as we explore eDiscovery solutions, how they can streamline compliance processes, and their role in mitigating risks faced by the financial services sector.
Comprehensive guide to email and instant messaging archiving solutions for compliance
As regulations tighten and digital communication channels multiply, financial services face mounting pressure to securely capture and store business communications. But how can organizations efficiently archive data as more and more conversations are conducted via instant messages, emails, and social media?
What are the benefits of data archiving solutions?
Data archiving solutions are platforms that hold onto your digital company, customer and colleague communications. It’s legacy information or data held ‘just in case’, for compliance purposes, in the event of legal cases, or for auditors who need to to verify the data.
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.
Regulators give firms a thumb’s down for not capturing emojis
Regulators are increasingly scrutinizing the use of emojis and avatars in communications within financial services, due to their potential for ambiguity and misuse. There is a growing need for enhanced monitoring to circumvent any risks and to capture misconduct.
FCA bans Crispin Odey as non-financial misconduct focus grows
With the FCA taking action against Crispin Odey, a controversial hedge fund manager who has been the subject of serious misconduct allegations, it seems the regulator is keeping its word on prioritizing non-financial misconduct.