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MiFID ll countdown: Everything you need to know about call recording retention and retrieval

2 min read
Author Business Systems UK
Date Oct 24, 2017
Category Call Recording Advice
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With regulators across different markets demanding for increased trade transparency and longer retention periods for call recordings; how can financial firms keep on top of their call recording estate?

Not to state the obvious but, it won’t be long before MiFID II comes into effect in January 2018. It’s practically Christmas already.

Data sits at the heart of these regulations. MiFID II aims to improve quality of advice and investor protections, and in doing so requires extensive data recording.

Call recording and retention of calls is no longer a ‘nice to have’, but a serious FCA requirement extended under the financial legislation of the Markets in Financial Instruments Directive (MiFID II).

The rest of this article can be found exclusively on Bobs Guide. Check out the rest of the article ‘MiFID ll countdown: Everything you need to know about call recording retention and retrieval.