Earnings-call transcript redaction is the removal of personal data from the record of a results call. Anything price-sensitive said on the call is inside information under UK MAR Art. 7 and must be disclosed to the market as soon as possible under Art. 17(1). If something extra reaches one caller, Art. 17(8) forces complete public disclosure. The transcript is therefore a compliance artefact, and it also names every participant. anonym.plus marks each speaker and contact on your machine.
When this applies
The transcript names every caller, their firm and the direct lines used for follow-up, while the same file may evidence when a disclosure was made. You strip personal data from the circulated copy and keep the master.
How anonym.plus handles it
- Open the transcript in anonym.plus on your device.
- Local OCR reads a scanned printout if needed.
- The tool flags speaker names and contacts.
- Keep the figures and guidance the call stated.
- Swap or black out the confirmed identifiers.
- Save the clean text locally.
What you need to provide
- The transcript (TXT, DOCX, PDF, or scan).
- An operator (Replace keeps the dialogue readable).
- Optional batch for several calls.
PII & financial identifiers detected
| Category | anonym.plus entity type | Example |
|---|---|---|
| Names | PERSON | finance chief J. Whitfield → [CFO] |
| Names | PERSON | analyst caller → [ANALYST] |
| Organization | ORGANIZATION | caller's firm → [FIRM] |
| Contact | EMAIL_ADDRESS | ir@example.co.uk → [EMAIL] |
| Contact | PHONE_NUMBER | +44 20 7946 0958 → [PHONE] |
| Money | MONEY | guidance £1.2b → [FIGURE] |
Compliance achieved
- Price-sensitive content is inside information under UK MAR Art. 7 and must be disclosed as soon as possible under Art. 17(1).
- If something extra slips out to one caller, Art. 17(8) requires complete public disclosure — promptly where the selective disclosure was unintentional.
- A delay decision under Art. 17(4) needs its own record, and a transcript is often part of that evidence, so keep the master.
- The 30-day closed period before results in UK MAR Art. 19(11) is unaffected by any redaction.
- Caller names, firms and direct lines are personal data processed under UK GDPR Art. 6(1)(f).
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Limitations & cautions
UK MAR governs whether and when a fact must be disclosed, which the tool does not assess — it removes personal data only. Keep the unredacted master as evidence of what was said and when. Confirm disclosure timing with compliance before sharing.
Frequently asked questions
Does the tool decide what is inside information?
No. The Art. 7 judgment, and the Art. 17 disclosure decision that follows it, stay with your compliance team. The app removes personal data only.
What if a figure was given to one caller only?
UK MAR Art. 17(8) requires complete and effective public disclosure — simultaneously if the selective disclosure was intentional, promptly if it was not. Redaction is not a substitute for that announcement.
Is the transcript uploaded?
No. The app runs offline, so the text stays on your device.