| ▲ | steveBK123 7 hours ago | |
The point is liability, plausibly deniability, etc. If a trader uses their personal cell / WhatsApp / etc in today's age, all the liability falls on that trader. If organize drinks with a coworker adhoc and communicate things they shouldn't.. the same. However, if a trader on their work PC, on the work network, in the office can communicate in electronic form on an unsecured, unmonitored channel.. the bank is paying a very large fine. This is like leaving gmail unblocked on work computer/network. Likewise if the bank itself organizes a monthly drinks between 2 departments on different side of the Chinese wall, offsite and things get communicated that shouldn't .. its obviously somewhat intentional by the bank and they will get fined. | ||