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MiFID II and Mobile Recording Requirements

MiFID II is here -Are you recording mobile phones of all regulated employees?

Banks globally are expanding their communication recording estate to include the recording of employees’ mobile phones to be compliant with MiFID II. The MiFID II Directive recording requirements cover all telephone conversations and electronic communications, including mobile phones, relating to activities intended to result in the conclusion of a transaction or the provision of client order services – even if they in fact do not.

Authored by Regulatory Compliance Expert - David Ackerman

Read the White Paper and learn more about:

  • Why mobile phones must be recorded and the clear urgency
  • How firms can protect themselves
  • The pros and cons of various mobile phone recording options
  • The cost of noncompliance