The European Commission has published the eighth and latest progress report on the Financial Services Action Plan (FSAP). The report claims that the overall financial outlook strengthens the political case for integrating financial services within the EU. The Commission said that progress towards adopting the necessary legislative measures to create an integrated market remains on the right track. Public confidence in financial markets world-wide has deteriorated according to the report, resulting in a severe correction in stock market valuations since 2000. The Commission cited amongst its effort to restore public confidence in European financial markets the adoption of an Action Plan on Company Law and Corporate Governance and a set of ten priorities for reinforcing statutory audit. These initiatives, aimed at reinforcing shareholder rights, audit quality and auditor independence represent an ‘extension’ of the original FSAP said the Commission.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more