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Intro Today’s Wealth Management industry is facing some profound challenges - regulation (RDR, FATCA, Basel IIII, Mifid II), unsteady economic landscape, clients, who no longer trust that Investment M...
Micro charges are charges ranging from 20 cents to $10 and either are fraudulent, legitimate or fall into the category of “grey charges,” which describe sneaky recurring or unwanted charges. These cha...
Last night my wife watched a great BBC documentary about grizzly bears. I caught some of it, and two facts fascinated me most: (a) grown-up bears, causing serious damage to each other, kept fighting ...
A critical component of any business success is being able to accept payments for goods and services. At the same time, we are keenly aware of the risk associated with doing so. Whatever one trades, w...
There is a definite trend for multi-nationals to move away from managing in house software solutions because of the maintenance difficulties imposed by the changing legislation in Brazil. Many compan...
“Innovate or die” is a business slogan which has been around since the mid-1990’s and was often used by the Microsoft founder Bill Gates. It struck me this week that considering this train of thinkin...
FSA Policy development update 157 sets out publication timings for regulatory changes. For insurers this includes in Q3/4 2013: a policy statement following CP 11/23 on Solvency II and linked long-t...
Both Public and Private Sector Banks have offered Safe Deposit Lockers (SDL) as a service since long, usually to privileged customers. The locker – useful for storing valuables like gold ornaments or ...
The International Revenue Service has published the draft FATCA registration form for public review and comment. A online registration portal will be available in July 2013. RELATED LINK http://www...
An overview of the North American dark pools regulatory landscape The chair of the U.S. Securities and Exchange Commission (SEC) may be changing, but the urgency in addressing issues surrounding dark...
The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) have jointly announced their commitment to comply with the new international regulatory standards on financial m...
The Commodity Futures Trading Commission (CFTC) issued a final rule to exempt swaps between certain affiliated entities within a corporate group from the clearing requirement of the Commodity Exchange...