Trends and thoughts

Trending in 2019: Financial Compliance Risk Reduction

Complex trades are still negotiated via voice

What’s trending in financial compliance for 2019? In a recent analysis published in the Compliance Corner of Bank News, Iain Daws, Director of Content Marketing at Verint, examined the current imperatives when it comes to managing risk and compliance and shared his outlook for the financial services industry.

Since the financial crisis in 2008, financial compliance has undergone a significant shift. Regulators and governments have introduced stricter, more comprehensive rules. Complying with regulatory mandates — such as the Dodd-Frank Act in the United States and MiFID II in the European Union — requires effective, reliable and accurate communications capture, as well as ongoing, proactive communication surveillance and infrastructure monitoring.

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