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… doesn’t it? By embracing new technologies, access to services via the Cloud offers corporate treasurers of every size of organisation the opportunity to improve efficiencies and further drive down o...
A common pitfall of many projects is that once the team finally crosses the finish line they ‘forget’ to hold a Post Implementation Review (PIR) meeting. The reasons for this are many and obvious. The...
When you leave your home or apartment in the morning, you might pack up a small bag of whatever you need for the day, which might change daily. But what doesn’t change is the three things you always h...
The European Insurance and Occupational Pensions Authority (EIOPA) has published the final guidelines to ensure that national competent authorities (NCAs), insurance companies and groups take active s...
It is impossible to punish banking through fines. Regulators must know this. When one reads of the scale of fines in the financial services industry, it is often hard to conceive of the amounts that t...
To a large extent, Asian banks are in a somewhat enviable position. China is certainly the economic giant of the region, and if China’s economy slows, it does have knock-on effects, yet, the economies...
The European Commission has published a proposal to amend the Solvency II Directive to set later dates for its transposition (31 January 2015) and its application (1 January 2016). The proposed Dire...
Two important events happened in November 2013. First, the Fed released its latest stress test definitions, to be used as the basis of the Comprehensive Capital and Analysis Review (CCAR) report, due ...
It seems that there are over 100 million ‘selfies’ (people posting pictures of themselves) on instagram – a trend that is continuing to rise. The prepaid card is also growing with its own version of t...
Governments' aggressive approach to taxation is alternately punishing and rewarding financial services firms. The Swiss government is planning to abolish tax secrecy laws – what does that mean for Swi...
Plans to wind down banks that are too big to fail have at last been agreed but will not take effect until 2018. Italy's recent revelation about derivatives losses proves that there are still plenty of...
The European Commission (EC) is threatening to move setting of the London Interbank Offered Rate (LIBOR) to Paris, after the exposure of the current process as “the rate at which banks do not lend to ...