CCR Magazine

You are here  :Home arrow News arrow Expert comment: MiFID II & cloud mobile tech
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Expert comment: MiFID II & cloud mobile tech PDF Print E-mail
Tuesday, 04 July 2017
Chris Michael, CEO and Co-Founder at Swytch, Comments: “By covering the entire advice chain, MiFID II extends call recording requirements to more situations, more team members and more devices than ever before. With personal mobile phone use now prominent in business, this presents a control issue for organisations faced with MiFID II compliance. Some insist bring-you-own-device (BYOD) policies will be incompatible with MiFID II, or that compliant company SIMs will be the only answer. In reality it’s not the devices or SIMs that need to be company controlled to actively demonstrate compliance, but the business mobile number. 

"New cloud-based mobile technology allows businesses to provide employees with a work mobile number they can use on their own personal device. It also means businesses using BYOD can guarantee MiFID II compliance by recording business communications taking place on employees’ personal devices. Calls made using an employee’s personal number are not recorded, striking the ideal balance between employee privacy rights and MiFID II compliance.”
 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197