Banks falling behind on messaging app scrutiny, survey finds [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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Source: Yahoo! Finance
By Sinead Cruise LONDON (Reuters) - Global financial companies are falling behind on the monitoring and archiving of all business-related communications using personal messaging apps, a survey released on Wednesday showed, potentially running the risk of regulatory breaches and fines. THE DETAILS The Annual Compliance Health Check by data compliance firm SteelEye found 63% of some 400 compliance executives in the U.S., Europe and Asia Pacific said they were not monitoring staff usage of WhatsApp for compliance purposes. Just 27% said they were investing in communications surveillance capabilities. More than a third said turbulent geopolitics and higher-for-longer interest rates had led to the scrapping of technology projects to support compliance. CONTEXT The U.S. Securities and Exchange Commission (SEC) kicked off a sector-wide crackdown on business-related text messages over personal messaging platforms in the wake of the COVID-19 pandemic, amid concerns texts were goin
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JPM
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- 4/12/24 - Beat
JPM
Sec Filings
- 4/30/24 - Form 424B2
- 4/30/24 - Form 424B2
- 4/30/24 - Form 424B2
- JPM's page on the SEC website