Kitty is the Founder and CEO of The Social Media Charter Association and Social Media Compliance, a ground breaking initiative designed to set the standard for compliant social media use in the financial services. The SMC’s mission is to draw together the industry, regulators, trade bodies and consumers, in collaborative conversation to allow best practice social media use for the financial services. According to Forbes, Kitty has spotted a niche in the market, commenting that the need for the SMC is ‘glaring’. Kitty also founded the Responsible Social Media Summit, an annual event in the House of Lords bringing together CEOs to drive responsible business through better ethical and transparent behaviour.
An entrepreneurial vision has been present throughout Kitty’s career; prior to founding the Charter, Kitty set up her first business at 16, Templars Communications at 25 and the Accelerating Change Network at 27. In 2014 she was recognised by the World Economic Forum as a Young Global Leader. Kitty frequently speaks on regulation and social media having been involved in World Economic Forum panels at Davos and broadcast channels including BBC Radio 4 and CNBC.
Kitty sits on the board of Nexus, a charity helping match younger wealth holders with social entrepreneurs. She has been recognised as the Network She Young Business Women of the Year 2013, and was shortlisted for PRCA PR Consultant of the Year 2009. The drive behind Kitty’s work is to create and encourage innovative solutions, listening to customers and clients, thereby improving perceptions of the financial services industry and revitalising trust in the sector.
Finance
Can Financial Services Use Social Media Right?
Did you know a tenth of HSBC’s workforce is in compliance? Or that the average corporate fine from the U.K.'s financial industry regulator increased nearly seven-fold from 2010 to 2013? Meanwhile, similar trends are being seen in the U.S. and around the world. The regulatory clampdown is happening at the same time that technology is transforming our world. Just this month, New York State’s top financial regulator granted the first license to a Bitcoin exchange, giving it bank-like status. This is technology literally throwing down the gauntlet to our monetary system. Social media is another case in point.
The Social Media Dilemma for Regulated Industries
Session Description: Social media, particularly as it relates to the financial sector, poses challenges for business and policy-makers alike. “New” policy challenges in other tech areas are remarkably familiar to those already addressed in the social media space. What have they already discovered that can trim the learning curve for others that follow behind? Kirkpatrick: […]
Conferences
Policy 15
Techonomy Policy aims to bring a higher level of dialogue to the confluence of technology innovation and government. The need for the tech industry and Washington to better understand, engage and productively work together is crucial to the future of economic progress and social cohesion in our tech-enhanced, digitally-enabled times.
