A simple guide to recording and storing conversations to comply with MiFID II.
Detangling the complexity of MiFID II. How does it impact your organisation and how can you prepare?
The Markets in Financial Instruments Directive, commonly known as MiFID II, is due to come into force in January 2018. First introduced by the EU in response to the 2008 financial crisis, MiFID is a set of sweeping reforms for the financial industry designed to prevent history from repeating itself in the same way again. Replacing the original Directive in January 2018, MiFID II brings changes to many areas relating to conduct of business, including far more robust rules around the recording and storing of conversations. This easy-to-digest eGuide cuts through the jargon and highlight the key parts to help you become compliant.
What does this eGuide cover:
- Who needs to comply?
- What conversations need to be recorded?
- How do these conversations need to be stored?
- How do these recordings need to be monitored?
Download the jargon free Columbus eGuide to MiFID II.
How can Columbus help you?
The original Markets in Financial Instruments Directive (MiFID) led to a major change in equity markets across Europe. It sought to remove barriers to cross-border financial services within Europe for a safer, more transparent and balanced marketplace as a whole. Extending these transparency requirements, MiFID II will have an even more pronounced impact across the financial services sector.
Columbus has the technology, experience and expertise to help you meet the challenge that this transformation poses, covering call recording solutions for Fixed Lines, SIP Trunks, Hosted Telephony and Mobile. If you need advice or you would like to discuss your business telecoms and technology challenges why not speak to one of our friendly and experienced experts on 0333 240 7755. We would be delighted to help you.