News & Analysis as of

Financial Institutions Social Media

Hanzo

Audit Readiness in Financial Services: A Practical Guide for High-Stakes Compliance

Hanzo on

In the financial services industry, audit preparation has become a continuous discipline that requires rigorous data governance, operational foresight, and real-time adaptability. This is especially important as compliance...more

Ballard Spahr LLP

Connecticut Amends Privacy Law

Ballard Spahr LLP on

On June 11, 2025, Connecticut passed Senate Bill 01295 (SB 01295).  If signed by the governor, SB 01295 will amend the existing Connecticut Data Privacy Act (CTDPA) in several important ways, with the amendments going into...more

Ankura

Unmasking the Dark Side of OnlyFans: Combating Human Trafficking and Sexual Exploitation with Effective Research Strategies

Ankura on

1 1 24 1 While some users have referred to OnlyFans as empowering, unfortunately, the site also plays a role in human trafficking and exploitation. The U.S. Department of State estimates that, at any given time, there are an...more

Dacheng

China Monthly Data Protection Update: May 2025

Dacheng on

This monthly report outlines key developments in China’s data protection sector for May. The following events merit special attention...more

Ankura

Content Creators and the Risks for Money Laundering

Ankura on

YouTube is a force of nature. If one requires information on how to build a cabin from mud and twigs, there is a video for that. If you want to watch someone clean up crime scenes, there is a whole YouTube channel for that...more

Guidepost Solutions LLC

The Benefits of Consumer Complaints: Improve Processes and Achieve Business Goals

Complaints are a crucial component of any business’s integrity. But all too often complaints are overlooked because of the very nature of them. The rise of grievances being aired across social media platforms has desensitized...more

Pagefreezer

5 Huge Reasons Banks Need to Archive Their Websites & Social Media Accounts

Pagefreezer on

The digital revolution has transformed the banking industry. As financial services and associated communications move online, it is more important than ever for institutions to manage and control their online presence....more

Allen Matkins

Bank Runs And Social Media

Allen Matkins on

In this post from 14 years ago, I speculated as to whether California Financial Code Section 1327 was constitutional.  Two years later, the California Court of Appeal declared the statute unconstitutional.   Summit Bank v....more

Pagefreezer

Website & Social Media Archiving to Comply with FINRA Books & Records Rules

Pagefreezer on

Investment firms and other financial institutions are subject to the strict recordkeeping and communication regulations laid out by both the Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange...more

Amundsen Davis LLC

How Financial Institutions Should Handle “Sovereign Citizens”

Amundsen Davis LLC on

Many financial institutions are familiar with the term “sovereign citizen” but aren’t quite sure what the term entails or how to handle the demands of those who refer to themselves as “sovereign citizens.” This movement has...more

King & Spalding

Recent Enforcement Trends Regarding the Use of Off-Channel Communications on Personal Devices

King & Spalding on

What U.K. Firms Need to Know - INTRODUCTION - Over the past decade, the use of messaging applications, such as WhatsApp, for business purposes as an alternative to traditional email has grown exponentially. Ease of use...more

Ankura

The Evolution of KYC: Exploring Perpetual Know Your Customer (PKYC)

Ankura on

Know Your Customer (KYC) is a fundamental process used by Financial Institutions (FIs) to verify the identities of their customers and assess the associated financial crime risk. Its primary goal is to prevent money...more

Latham & Watkins LLP

FCA Consults on Revamped Guidance for Financial Promotions on Social Media

Latham & Watkins LLP on

Regulator clarifies that existing FCA rules will continue to apply but will also reflect the evolving landscape of financial promotions on social media. On 17 July 2023, the FCA published a guidance consultation (GC23/2)...more

Sheppard Mullin Richter & Hampton LLP

SEC Off-Channel Communications Sweep

Over the last several years, the Securities and Exchange Commission (the “SEC”) and the Commodities Futures Trading Commission (“CFTC”) have been laser-focused on the use of so called “off-channel communications” in the...more

American Conference Institute (ACI)

[Event] 13th West Coast Forum on FCPA Enforcement and Compliance - June 14th - 15th, San Francisco, CA

Hosted by American Conference Institute, the 13th West Coast Forum on FCPA Enforcement and Compliance returns for another exciting year, providing the opportunity to connect with decision-makers from your industry, gather...more

Katten Muchin Rosenman LLP

Privacy, Data and Cybersecurity Quick Clicks | Issue 4

Utah Is the First State to Limit Teens Under 18 From Social Media Access - Utah Gov. Spencer Cox (R) signed two bills on March 23 (SB 152 and HB 311) prohibiting children under the age of 18 from using social media between...more

Spilman Thomas & Battle, PLLC

Decoded: Technology Law Insights - V 4, Issue 1, January 2023

Big Boosts to Cybersecurity and Tech Funding in $1.7T Omnibus Bill Signed by Biden - “The bipartisan fiscal 2023 omnibus spending agreement includes $2.9 billion for the Cybersecurity and Infrastructure Security Agency, a...more

Ankura

Blockchain, Web3, and the Law: Is the legal profession making the most of these new opportunities?

Ankura on

Blockchain and other distributed ledger technologies (DLTs) underpinning crytpoassets are being adopted across the business world for a variety of purposes. In the finance sector, DLT is being used to create decentralized...more

Goodwin

SEC and CFTC Send Powerful Message With $2 Billion in Fines Related to Social Media and Text Recordkeeping Lapses

Goodwin on

​​​​​​​The SEC and CFTC recently charged 11 large financial institutions and their affiliates for failing to collect, monitor, and preserve communications over WhatsApp and other messaging services. These settlements follow a...more

Wiley Rein LLP

FTC Uses Enforcement Proceeding to Send Message on Account Security Practices

Wiley Rein LLP on

Account security and digital identity have been hot topics for regulators and at the National Institute of Standards and Technology (NIST). The government has been promoting multifactor authentication (MFA) and innovation in...more

Robins Kaplan LLP

Despite Headwinds, Disney Reappoints Chapek as CEO Through 2025

Robins Kaplan LLP on

Despite a very rough patch of late, Disney CEO Bob Chapek has won reappointment as top Big Mouse exec. Chapek “could remain at the helm of Disney until at least 2025” and has a lot to tackle, including a flagging stock price,...more

Burr & Forman

FINRA 2021 Exam Results and Priorities

Burr & Forman on

On February 1, 2021, the Financial Industry Regulatory Authority (“FINRA”) released its “Report on FINRA’s Risk Monitoring and Examination Activities.”  The Report combines two of FINRA’s long-standing reports:  (a) the...more

Maynard Nexsen

Social Media & Influencer Compliance for Financial Institutions

Maynard Nexsen on

By 2022, the influencer marketing industry is predicted to be worth $15 billion, nearly doubling from 2019. As the term “influencer marketing” becomes more common across industries, there is one particular industry that is...more

Latham & Watkins LLP

Current Developments in the US: White-Collar Enforcement and trends for 2020

Latham & Watkins LLP on

In the following article we will discuss the current developments and trends for 2020 and outline what EU-based companies with a US presence should look out for in 2020 regarding US white-collar and compliance trends in the...more

Robins Kaplan LLP

Financial Daily Dose 11.19.2019 | Top Story: T-Mobile Chief John Legere to Leave Company in April

Robins Kaplan LLP on

T-Mobile chief and fan-of-magenta John Legere has announced that he’ll be stepping down in April at the end of his current contract. Legere will be succeeded by Mike Sievert, the carrier’s current president and COO....more

59 Results
 / 
View per page
Page: of 3

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide