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By Mohamed FOFANA (Senior Manager), Ourquia KAMAGATE (Consultant), Ghita ENNADIF (Consultant), Candice LABIDI (Consultant), Wavestone
Financial institutions have been dealing with an increased incidence of criminal conduct relating to money, financial services and markets, rattling regulators’ trust in financial institutions and their compliance processes. To protect investors and prevent criminal conduct, a series of regulations came into force across and beyond the European Union (EU) to guarantee the transparency of markets and transactions such as the Market Abuse Regulation (MAR) and the Markets in Financial Instruments Directive (MiFID II).
In line with these regulations, firms are required to record and retain all electronic...
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