What are the Social Media Risk Management Strategies US Banks Have to Implement to Prevent Liability Risks?

• By: ComplianceOnline Expert
• Date: March 02, 2012

The use of social media by businesses to promote their products and services is increasing. Banks around the world are doing the same as well. But how can banks, specifically US banks, ensure they are compliant with current regulations when using social media channels?

This article explains the best practices US banks can follow when implementing social media usage strategies and policies.