We take compliance seriously.
TeleMessage is designed to maximize productivity, efficiency and overall performance, all while ensuring your organization remains compliant at all times.
Financial Industry Regulatory Authority – April 2017
“… Every firm that intends to communicate, or permit its associated persons to communicate… through a text messaging app or chat service must first ensure that it can retain records of those communications,” with non-compliance subject to fines, according to Section 2210.
ESMA MiFID II (Europe)
Markets in Financial Instruments Directive – Jan 2018
“… requires the recording of the telephone conversations and any electronic communication… including amongst others video conferencing, fax, email, Bloomberg mail, SMS, business to business devices, chat, instant messaging and mobile device applications.”
The Alternative Investment Management Association (AIMA) includes TeleMessage among its MiFID 2 vendors of telephone taping and surveillance solutions.
“…require Broker-Dealers to implement a compliance archiving and monitoring solution to retain… all written business-related communications.
…Electronic records… must be retained and indexed on indelible media with immediate accessibility.”
Investment Advisers Act of 1940 Rule 204-2 — SEC and Dodd-Frank
Investment advisers, hedge funds and private equity firms are required to retain books and records relating to all written communications received and sent.
Read relevant documentation on the Investment Advisers Act of 1940.
Financial Conduct Authority – Aug 2015
“The Financial Conduct Authority (FCA) Business Rules Sourcebook states that all electronic records of investment bankers and asset managers… must be retained and indexed on indelible media with immediate accessibility.”
“Content channels expected to be electronically retained include: instant messaging, social media, text/SMS, audio and video.”