Regulatory Wrap episode 67: The $80K cover-up FINRA didn’t miss
In Regulatory Wrap for the week to August 1, Jay Hampshire reviews a FINRA fine against a firm rep for concealing misconduct using off-channel communications.
FCA Survey finds 178 WhatsApp policy breaches, with over 41% from senior staff
A survey of 11 wholesale banks found that 178 breaches of communications compliance policies were reported, despite firms introducing compliance recording and monitoring solutions, and the majority came from senior employees.
$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 66: The FCA vs. market abuse
In Regulatory Wrap for the week to July 18, Aarti Agarwal discusses how the FCA has ramped up efforts to tackle market abuse and protect integrity.
The emerging core competency of data governance
A good data governance framework requires a wide audit and strategic approach to avoid regulatory risk, and in order to use data as an asset.
The Conduct Chronicles – Can AI boost conduct and culture?
Emma Parry highlights the benefits of AI in defining a culture that enables self-reporting, working to analyze large data sets and detect areas for further investigation.
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 63: Is comms compliance at a tipping point?
In Regulatory Wrap for the week to June 13, Rob Mason dissects key findings from our latest Industry Insights: Compliance Communications 2025 Report.
FINRA fine shows off-channel comms are still on the record
Despite a global push towards reduced regulation, a recent FINRA-issued fine for off-channel communication shows that recordkeeping and surveillance remain a regulatory priority.
The Conduct Chronicles – Does the CFTC practice what it preaches?
Emma Parry examines the CFTC's performance, revealing concerns about its conduct in legal proceedings and internal operational failings, highlighting the urgent need for reform and accountability.
Danish FSA finds data completeness failings at three major banks
A thematic study by the Danish financial regulator has identified data completeness and recordkeeping failures relating to voice and electronic communications at Danske Bank, Jyske Bank, and Nykredit Bank.