Financial services firms need to monitor and review their electronic communications to mitigate risks and satisfy compliance mandates. But knowing what to look for is only part of the process.
To reduce false positives, decrease overall flagging rate, and ensure more targeted searches, firms also need to have an effective policy management program in place. Without one, they run the risk of not reviewing essential information – and allowing potentially relevant communications to slip through the net.
Whether you’re a compliance officer or a policy administrator, this eGuide will walk you through the entire process of creating a supervision policy program for your electronic communications data. Using a trade spoofing policy as an example, you’ll learn:
- How to Build a Policy
- How to Refine a Policy
- Common Pitfalls to Avoid