VENNCOMM INSIGHTS

MiFID II – the Compliance Clock is Ticking…

MiFID II – the Compliance Clock is Ticking…

MiFID II comes into effect on January 3rd 2018. By then Financial Services providers will need to be able to – 1. REACT TO cases of (potential) malpractice 2. Implement procedures and COMMUNICATIONS’ AUDIT TRAILS that reduce the risk of such occurrences in the first place The collation of data will also be broadened to […]
Prosperity Capital Management (UK) Limited

Prosperity Capital Management (UK) Limited

VENNCOMM Ltd today announces that Prosperity Capital Management (UK) Limited have chosen the VENNCOMM TALK Application & Compliance Pack solution for electronic communications regulatory compliance “Having reviewed the competing technologies, we chose VENNCOMM TALK as it was also the only solution that could provide the total separation of personal and work numbers needed to support […]
Electronic Communications Recording Requirements of MiFID II

Electronic Communications Recording Requirements of MiFID II

AIMA Article: The MiFID II financial regulations come into force in just a few months. Just like tier-one banks, AIMA members remain confused and challenged about complying. AIMA Journal Article The changes introduce a raft of new rules but amongst the most onerous are new requirements that all text, IM, social media, email and phone […]
Is your chosen solution for mobile recording and MiFID II, GDPR compliant?

Is your chosen solution for mobile recording and MiFID II, GDPR compliant?

Here at VENNCOMM our R&D department have spent a significant amount of time ensuring that all calls and SMS made on our TALK App comply simultaneously with both MiFID II and GDPR regulations. VENNCOMM has both Android and iOS solutions that work today and here are some of the key ways our platform is always […]
The MiFID rule that’s a potential bombshell

The MiFID rule that’s a potential bombshell

CITY AM Article: As many businesses are still unprepared for the regulations, it’s clear time is running out CITY AM Newspaper Article The EU’s MiFID II financial regulations come into force in just four months and around the world financial institutions remain confused and challenged about how to comply. MiFID – the “Markets in Financial […]
Are You Exempt from Recording Under MiFID II?

Are You Exempt from Recording Under MiFID II?

Are you exempt? My firm works closely with the Senior Regulatory and Financial Crime Specialists at the biggest consulting firms. We also work with First Line of Defence and Compliance Officers from investment firms of all sizes. As MiFID II and GDPR loom the top tier financial firms are relatively clear on what they have […]
Really?! MiFID II Communication Recording Requirement Reaches Further Than You Think

Really?! MiFID II Communication Recording Requirement Reaches Further Than You Think

Across the spectrum, Firms trying to meet the MiFID 2 requirements are confused and challenged… Three examples come from talks with senior friends, one at a global tier 1 eighty-country bank; one at a Hedge Fund centred in London with offices in Hong Kong & the US, and the last a US Investment Bank with […]
ESMA – MiFID II and the need for monitoring of phone calls

ESMA – MiFID II and the need for monitoring of phone calls

ESMA, European Securities Markets Standards, has provided more clarity on the need for monitoring of phone calls under MiFID II LinkedIn article by Rob Weston, Managing Director at KPMG ESMA, European Securities Markets Standards, has provided more clarity on the need for monitoring of phone calls under MiFID II stating that: “The monitoring of records […]
Keep employee mobile messaging compliant with MiFID II using VENNCOMM TALK Chat

Keep employee mobile messaging compliant with MiFID II using VENNCOMM TALK Chat

VENNCOMM TALK users can now access Instant Messaging features on their device, replacing the need for non-compliant services such as SMS on personal devices. VENNCOMM TALK was designed for organisations looking to provide regulatory compliance for all communications across all devices, including personal devices used for work under BYOD policies, while minimising costs through our […]