Many finance firms may be unaware of the huge challenge ahead to comply with new recordkeeping requirements, an archiving firm says.

The advent of new EU rules forcing firms to keep records of electronic communications including an “avalanche of content” on social media has prompted one business to double its UK team.

Twitter management tool Hootsuite has co-produced a guide to help finance firms avoid running into trouble with the FCA over their staff’s social media use.

A new guide has been launched to help steer finance firms away from dangerous social media waters and to avoid trouble with the regulator. Read more...