Is messaging compliance giving your compliance function headaches? Welcome to a special 5 part podcast post series, messaging compliance in a shifting regulatory landscape, sponsored by Global Relay. Over this series, I will visit with Chip Jones, Executive Vice President – Compliance at Global Relay; Alex Viall, Chief Strategy Officer at Global Relay; Rob Mason, Director, Regulatory Intelligence at Global Relay; Jennifer Clarke, Head of Content at Global Relay; and Raewyn Danvers, Sales Manager, Unified Communications. Over this series, we will consider the US and UK regulatory framework for messaging apps, consider if business innovation is being stifled by regulatory action, preview the Global Relay Report: Compliant Communications in 2023, and look down the road on how to stay Ahead of regulation with the compliant communications in one app.
In this Part 1, I visit with Chip Jones, Executive VP of Compliance at Global Relay, on the current US regulatory landscape for messaging apps and discuss the challenges of maintaining communication compliance in various industries, focusing on off-channel communications, particularly in the financial services industry. Chip shares insights on the recent collective settlement issued by the SEC, which sends a clear message to firms about the importance of adhering to internal communication retention and supervision policies. Learn about how Global Relay is helping firms monitor their communications to detect fraudulent activities and avoid compliance issues. Take advantage of this informative podcast, which ends with a teaser for the next episode on the impact of regulatory action on business innovation.
Key Highlights:
- The Challenges of Regulatory Compliance in the US
- SEC enforcement actions on communication violations
- Monitoring Electronic Communications in Financial Services
- Off-channel Communications Consequences
For more information, go to Global Relay.
Join us in our next episode, where we ask: Is business innovation stifled by regulatory action?
