MirrorWeb

Our Sales team spends a lot of time speaking to compliance officers in the United States, observing occasional 'US Days' where they work later to account for the time difference across the pond.

They like to spice things up once in a while. The most recent effort was a Hawaiian themed ‘Tropic Like it’s Hot’ extravaganza, no doubt inspired by our recent heatwave (the hottest day in Manchester’s history!).

We seem to have found a winning formula. Hula skirts and tiki bars got the best out of them!

Gamification in trading is on the radar of the SEC, who are concerned by game-like features and digital prompts from online brokerages and investment advisors, that provide misleading projections with no mention of the risk involved - https://bloom.bg/3BySSUX

With a crackdown imminent, firms will need to capture their website content to ensure that any gamification ‘isn’t crossing the line into recommendation’.

The MirrorWeb platform captures the most dynamic web content on the market, including the complex digital features in the SEC’s crosshairs. Our technology captures all elements of a site and replays it as if it’s a live website, proving compliance without question. Book a demo here to learn more - https://bit.ly/3yTJMPB

The UK Financial Conduct Authority's (FCA) third consultation period on its new ‘Consumer Duty’ has now closed, and final rules are expected by 29 July 2022 - https://bit.ly/3P3Y9HP

The Consumer Duty applies to financial services firms dealing with consumers, and represents a shift in how the FCA regulates this sector, urging leaders to be more proactive in their approach.

Four outcomes provide guidance around what the FCA wants to see, including the ‘consumer understanding’ outcome. This states that ‘firms should support customers by ensuring communications meet the information needs of customers, and are clear, fair and not misleading.’ Those firms will need to prove this by keeping records of their interactions.

At MirrorWeb, this is our bread and butter. Most of our clients operate in the financial services industry in the US, where all client-facing communications must be captured to comply with SEC regulations. Book a demo here to learn about the huge variety of platforms MirrorWeb captures, from websites through to WhatsApp - https://bit.ly/3z1UKUj

Time has come to prepare for the consumer duty The final policy statement for the Financial Conduct Authority s new consumer duty should be published at the end of July

Music to our ears! We know the importance of our customers using the platform with confidence, and do everything we can to make that happen.

President Biden recently signed an Executive Order to begin the process of developing a clear regulatory framework for digital assets.

In the midst of ‘one of cryptocurrency’s worst slumps in history’, the approach has been somewhat validated, and SEC chairman Gary Gensler has called for greater urgency in the development of this framework https://bit.ly/3y1UDXl

By proactively addressing these concerns, crypto firms can demonstrate their responsibility as a business and develop a relationship with regulators as both parties adapt to new practices.

To learn more about how MirrorWeb can ensure you meet this evolving regulation, get in touch with one of our experts today - https://bit.ly/3OBb8B0

After a little spring cleaning, we’re very happy to share our brand spanking new website!

We stripped it back and looked at what customers love about MirrorWeb - our product offering, our user experience and the people that make our company great - and decided to focus on that.

Test it for yourself - why not hit that 'book a demo' button? 😉https://www.mirrorweb.com/