investment bank Morgan Stanley imposed on several of its employees or executives fines of up to one million dollars for doing business using messaging applications such as WhatsApp and thus violate the rules that require them to keep records of operations, as reported on Thursday by the Financial Times and The Wall Street Journal.
The newspapers, citing anonymous sources, point out that these internal sanctions they range from thousands of dollars to just over a million in some cases.
The fines come months after Morgan Stanley and other large banks agreed with US regulators to pay large penalties for the misuse their employees were making of WhatsApp and other similar tools.
In total, 11 entities agreed to pay fines last September for a total value of 1.8 billion dollars for violating the rules that establish how they must keep records of communications about their businesses.
He had already been penalized for this reason before. JPMorgan Chasethe largest bank in the United States, which agreed to pay 200 million dollars after admitting that some of his bankers had done business through WhatsApp and other applications that were not supervised by the entity or using their personal phones.
