Managing Records in Global Financial Markets

Ensuring Compliance and Mitigating Risk

by Lynn Coleman, Victoria Lemieux, Rod Stone, Geoffrey Yeo

Series: Principles and Practice in Records Management and Archives

Although there are a number of publications covering records management generically, very few are focused on the challenges for business, and global business in particular, and fewer still on regulatory, legal and governance issues associated with managing records in the global banking and financial sector. This book fills the gap by exploring these complex issues and offers strategies and frameworks to meet the record-keeping challenges to which they give rise in investment banking and other global financial services. While the book focuses on the financial sector, it will also be of relevance to multinational businesses in other sectors, covering as it does the issues that arise from operating across borders and in different jurisdictions. The book is divided into four main parts which cover: regulatory and legal compliance, balancing risk and return, litigation-related issues, and record-keeping approaches. Expert contributors to the book come from Europe, North America and Australasia and include legal, regulatory and technology specialists as well as records managers and archivists. Whilst the book reflects recognized records management principles, the accessible language used will assure its value to information professionals and others without a formal records management background. This book will be essential reading for records managers, archivists and information professionals who manage records in the financial sector. It will also be invaluable for individuals in a wide range of disciplines who rely on records, and their effective management, to meet the increasing number of legal and regulatory obligations to which financial institutions and global businesses are now subject. These include compliance professionals, privacy and data protection officers, risk managers and IT specialists, together with the senior managers, directors and chief operating officers who have ultimate accountability for ensuring compliance and mitigating risk.

In The Press

"Managing Records in Global Financial Markets is a great resource chock-full of useful information" - Randolph A Khan

About The Author

Lynn Coleman was Regional Records Manager, Europe, Middle East & Africa for a global investment bank in London. She recently relocated to Australia where she undertakes records management projects. Victoria L. Lemieux is Director of the Centre for the Investigation of Financial Electronic Records and an assistant professor of archival studies at the University of British Columbia in Vancouver, Canada. Rod Stone is Records Manager - Global Policy & Oversight at the Royal Bank of Scotland in London. Geoffrey Yeo is an Archives and Records Management specialist at the Department of Information Studies, University College London.