HSBC And Scotia Capital Fined Combined $68m For WhatsApp (Mis)Use

May 16, 2023
<
Back
US securities and derivatives agencies have again fined two banks whose employees used WhatsApp to discuss business matters. Regulators have handed out more than $2bn in fines since their crackdown on such recordkeeping failures started in 2021.

Our premium content is available to users of our services.

To view articles, please Log-in to your account, or sign up today for full access:

To read more articles like this, along with gaining access to the tools that will help you navigate compliance risk with confidence, request a demo of our RegTech platform today.

Related articles

January 9, 2025

Singapore Passes Bill That Allows Police To Freeze Accounts Of Scam Victims

Lawmakers in Singapore have enacted a first-of-its-kind bill that empowers the police to freeze the bank accounts of scam victims without their consent.
Read article
January 9, 2025

Daily Dash: India Mandates Name Look-Up Facility For Bank Transfers

The Reserve Bank of India has mandated that all banks connected to two major funds transfers systems must introduce a beneficiary account name look-up facility by April 1, 2025.
Read article

Opt in to hear about webinars, events, industry and product news

Gambling Compliance

Learn more

Payments Compliance

Learn more
Still can’t find what you’re looking for? Get in touch to speak to a member of our team, and we’ll do our best to answer.
Contact us
No items found.
No items found.
United States

Please choose your preferred
service to log in to.

GamblingCompliance
PaymentsCompliance
Don’t have an account?