aci dealing certificate version: 7.0
Question No. 1
Banks and brokers should record, by tapes or other such means, conversations between dealing counterparties.
There is no need to inform new counterparties and clients that conversations will be recorded.
On completion of recordings, tapes should be kept for a period sufficient to enable the details of any transaction contained therein to be confirmed.
The storage of recorded tapes should be strictly managed to prevent their contents from being tampered with.