MIFID Call Recording – 2020 Regulation Updates and COVID Virus Response
Unless you are highly unaware of the events that happen in the world, it is sure that you are aware of the global pandemic that the world is currently experiencing. According to the news, the Coronavirus epidemic (COVID-19) has ended the lives of 136,938 people, while 2 million others are still affected.
COVID-19 is a disease that is acquired through having the Coronavirus. The condition started in Wuhan, China, in December 2019 and began spreading earlier this year. Some symptoms of COVID-19 include fever, tiredness, and dry cough. Some patients may have aches and pains, nasal congestion, runny nose, sore throat, or diarrhea.
People who have the virus got the virus from other individual carriers. The disease is not airborne and can spread through droplets from the nose and mouth. Other people catch COVID-19 through touching infected objects before moving their face or mouth. Because of the situation, social distancing has been recommended.
The virus could spread more if there are a lot of potential carriers; that is why there had been lockdowns all over the world. Unless you are a frontline or an essential worker, you are mostly banned from going outside to flatten the curve. Many companies have chosen to let their employees work from home because of the pandemic.
A part of every job is meeting with fellow employees through online calls. One of the applications used for this is WhatsApp. According to laws, call recording is allowed as long as it is used for corporate purposes. One code that supports this is the MFID call recording regulations.
Because of the outbreak, there have been adjustments and updates regarding the legislation. If you use WhatsApp to archive messages or record calls, this TeleMessage infographic will help in making sure that you understand the law.