Search Results for: EBA
The egregious errors of static statistics
March 22nd, 2018
The measure of a man’s real character is what he would do if he knew he would never be found out. Lord Macaulay wrote this nearly two hundred years ago. His aphorism is particularly apposite of modern politicians, ...
FCA UK publishes discussion paper on transforming culture in financial services
March 21st, 2018
The Financial Conduct Authority (FCA) has published a discussion paper on transforming culture in financial services which presents views from academics and industry thought leaders. The paper is intended to provide a basis for stimulating further debate on transforming ...
Europe plans special tax for tech giants
March 8th, 2018
Bruno Le Maire, France’s minister for the economy, has revealed that a plan to levy a special tax on Google, Apple, Facebook, and Amazon will soon be revealed by European authorities. Le Maire told French newspaper Le Journal du ...
This is the first country in the world to recognize a cryptocurrency as legal tender
March 5th, 2018
The Marshall Islands is creating its own digital currency in a bid to raise money. In doing so it becomes the first country in the world to recognize a cryptocurrency as legal tender. The small Pacific Island nation passed ...
Election in Italy appears to have given no party a clear majority; Here’s what happens next
March 5th, 2018
Sunday’s election in Italy appears to have given no party a clear majority — signaling a period of political instability for one of Europe’s biggest economies. As of Sunday night local time, Italian exit polls indicated that a center-right ...
A Roman lesson on inflation
March 1st, 2018
“While it is the duty of the citizen to support the state, it is not the duty of the state to support the citizen” – President Grover Cleveland The point President Cleveland made back in the 1880s was that ...
The Euro and the Yen slightly slipped to Dollar; Asian Stocks rise
February 23rd, 2018
Asian stocks look set to close out a lackluster week on a positive note on Friday as investors continue to debate the outlook for central bank policy normalization and the impact of higher bond yields. The MSCI Asia Pacific ...
ACCA: What features a quality audit should possess
February 22nd, 2018
A quality audit is vital to public confidence in the audit process and its value. However, the key elements of a quality audit can sometimes exist in mutual tension, and robust discussion among key stakeholders is required to align ...
The Euro and the Yen rose; Japanese stocks extended a rally
February 16th, 2018
Japanese stocks extended a rally in global equities even as the yen rose to its strongest in 15 months, with trading muted due to holiday closures across Asia. Australian shares closed slightly lower, but with most major markets across ...
European Authorities warn consumers of risks in buying virtual currencies
February 13th, 2018
The European Supervisory Authorities (ESAs) for securities (ESMA), banking (EBA), and insurance and pensions (EIOPA) have issued a pan-EU warning to consumers regarding the risks of buying Virtual Currencies (VCs). The ESAs are concerned that an increasing number of ...
