MiFID ll countdown: Everything you need to know about call recording retention and retrieval - Business Systems UK Ltd - ContactCenterWorld.com Blog
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).
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Publish Date: October 24, 2017 5:00 AM
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