Banks Increasingly Using Market-Abuse Systems for #MeToo

The Senior Managers Regime and #MeToo campaigns are making banks increasingly conscious of employee conduct

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Madrid-based surveillance provider Fonetic found a 20 percent increase in requests from banks to address conduct risk monitoring calls and chats between their traders and other employees, compared with last year. The data also showed that alerts on trader behavior such as swearing or using derogatory language are eight times more frequent than alerts on intent related to market abuse.

Juan Diego Martin, chief operating officer at Fonetic, says there is an increasing concern in banks about how

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