Get prepared for MiFid II Level 1
From January 2017 IFA’s (Independent Financial Advisors) and other professionals who provide financial advice will need to comply with a new MiFID II Level 1 directive which concerns all telephone calls or electronic communications with clients or potential customers where there is an "intention to conclude a transaction." Firms will be required to record these communications and keep these records for five years (a further two years where the 'MiFID II Member State national competent authority requests'.)
Encrypted call recording feature
Berry Telecom’s corporate phone systems are packed with useful features that can enhance your business. Call recording is one of the many features included in all of our phone systems - even entry level ones. With an office phone system from Berry Telecom, it’s easy to record, store, find, playback and archive calls, meaning your business can be MIfiD compliant with minimum hassle.
Office phone system upgrades from Berry Telecom
Berry Telecom are one of the UK’s leading phone system providers, with extensive experience in the design, supply and installation of office phones all over the UK. With a range of hardware, software and features available to meet the required needs of any businesses, we have already helped a number of businesses in the financial sector to upgrade their phone systems.
Why not find out more about how our phone systems can help those in financial sector or get in contact to find out more about how a new office phone system from Berry Telecom can help your business become compliant by the deadline of January 2017.