Electronic communications

Kadas spoke of AI’s ability to identify more relevant communications, and further investigations that someone at the bank would need to perform.

CFTC found trader also made false or misleading statements about removing texts and messages relevant and material to the regulator’s investigation.

After decades of trying to make the shift, Regulation E-Delivery aims to end the opt-in requirement for receiving electronic investor information.

House lawmakers are also moving to allow electronic investor disclosures and communications, but the SEC may act first.

The Improving Disclosure for Investors Act has bipartisan support.

Citi, HSBC, Morgan Stanley and Royal Bank of Canada agree to settle cases and will pay over £100m ($126.2m).

Panellists from HSBC and BNP Paribas discussed all things comms surveillance with Emily Wright moderating.

The firm received no penalty because of its proactive approach, swift remediation and substantial cooperation efforts with the SEC’s investigation of a third party.