04 Jan 2023
Solving Surveillance: Detecting Market Abuse & Conduct Risk Across Modern Communication Channels
In the past 10 months alone, 12 major financial services institutions have been fined a total of $2 billion for failing to keep records and monitor staff adequately. This should be a game-changer for those working in the 3 lines of defence and their senior managers. The fines exceed punishments for similar lapses in the past, much to the surprise of the banks which admitted publicly that they had not expected this level of enforcement.