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Salaries in the Middle East to see slight increase in 2017

February 9th, 2017 (0)
The strongest salary growth of 3 per cent is expected in the procurement and supply chain sector Salaries in the Middle East are anticipated to increase by an average of 2 per cent this year, according to a new ...

Multinational network of accounting firms reported growth in global fee income

February 9th, 2017 (0)
Multinational network of accounting firms reported growth in global fee income RSM reports 7.6%(1) fee income growth in 2016, after its first full year operating as a unified, global brand 20% increase in cross-border services to internationally-active middle market ...

The Reserve Bank of New Zealand left the Official Cash Rate unchanged

February 9th, 2017 (0)
The Reserve Bank of New Zealand has issued a Monetary Policy Statement for February 2017 to inform for its decision to keep the Official Cash Rate (OCR) unchanged at 1.75 percent. According the Policy Statement: The recovery in commodity ...

OECD: The Portuguese economy is gradually recovering from a deep recession

February 8th, 2017 (0)
The Portuguese economy is gradually recovering from a deep recession thanks to a broad structural reform agenda that has led to rising economic growth, falling unemployment and remarkable progress in export performance. Maintaining momentum for further reforms is crucial ...

FCA opens discussion on regulatory approach to open-ended funds investing in illiquid assets

February 8th, 2017 (0)
The Financial Conduct Authority (FCA) has today published a Discussion Paper (‘Paper’), which seeks stakeholder views on the practice of investing in illiquid assets through open-ended funds and the challenges that can pose to managers and investors. Illiquid assets ...

Senior finance professionals believe global warming is having a significant impact

February 8th, 2017 (0)
Global warming is a topic that increasingly appears in the news. Regardless of one’s beliefs on this issue, it has the potential to impact companies’ operations through changes in governmental regulations, new reporting requirements, necessary operational changes, and more. ...

IOSCO analyzes potential of tech-driven change in the securities market industry

February 8th, 2017 (0)
The International Organization of Securities Commissions (IOSCO) has issued today a press release to pubilsh a report regarding the potential of tech-driven change in the securities market industry. Below is the press release a it was published by IOSCO: ...

ESMA assesses DLT’s potential and interactions with EU rules

February 8th, 2017 (0)
The European Securities and Markets Authority (ESMA) has issued a report on Distributed Ledger Technology (DLT). The report sets out ESMA’s view on DLT, its possible applications, benefits, risks and how it maps to existing EU regulation. ESMA’s position ...

Switzerland to vote on corporate tax unification

February 7th, 2017 (0)
Swiss voters will vote next week on whether to reform corporate tax and remove the reduced tax rates that Switzerland currently grants to multinational firms Voters will be asked whether they accept the federal law that was adopted by ...

SWIFT introduces new elements to combatting fraud

February 6th, 2017 (0)
New elements are part of SWIFT’s Customer Security Programme to protect its community Combatting fraud is a challenge for the entire financial industry, as cyber-attacks grow in frequency and sophistication. SWIFT’s Customer Security Programme (CSP) helps its customers secure their ...
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