While records have always been key to successfully navigating business requirements, audits, investigations, and enforcement actions, their importance has escalated in recent years. Thanks to emerging technologies, enforcement actions, and guidance from U.S. regulators, records management has become increasingly top-of-mind for compliance practitioners, information technology leaders, and legal teams alike. The Anti-Corruption Report asked James Koukios, partner at Morrison & Foerster, about all things records, including off-channel communications, ephemeral messaging applications, and best practices companies may want to consider. See “SEC and CFTC Wall Street Resolutions Highlight Need for Communication and Records Compliance” (Oct. 26, 2022).