Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 Support and suggestions for digital climate reporting at the SEC The US Securities and Exchange Commission (SEC) has now closed the comment period on its proposal on enhancing climate-related disclosures, which promises…
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Digital embedded insurance propositions are expected to be more of micro-insurance products with high volumes and low premiums. That necessitates cost of sale to be low and transactions to be automated. Examples are flight delay cover embedded into flight costs, purchase of a bag of seeds with inclusion of crop failure cover due to drought.…
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Here is our pick of the 3 most important Stablecoin news stories during the week. Fiat strikes back! Strengthened and reinvigorated by the chaos in Crypto including stablecoins such as Terra, Asset Managers such as Celsius and Hedge funds such as Three Arrows, the Fiat ecosystem of regulators, central banks and politicians made progress on their…
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Back in Fintech’s early days, in 2015, Daily Fintech manually compiled a list of publicly traded Fintech stocks and published it as a snapshot. Today we are releasing an automated solution called Fintech 50 Index, incubated within Daily Fintech, so that we can cover more stocks and update it regularly. Warning 1; we are not making any…
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Last week the EU reached an agreement on its Markets in Cryptoassets (MiCA) directive, delivering a single rule book across 27 countries and bringing years of debate on how to regulate the digital-asset industry to an informal close. As the final step, it still needs to be approved by the Council and the European Parliament.…
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Crazy decision making at UK’s Audit Watchdog As if to demonstrate the appalling way in which some quangos operate in the UK the Financial Reporting council (FRC) that regulates accountants, auditors and actuaries has concluded a deal with EY to advise on a new classification scheme for insurance contracts. Not surprisingly the decision has raised…
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 XBRL Switzerland publishes its response to the climate ordinance consultation We are happy to comment on the regulation on reporting on climate issues in due time as part of the consultation…
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Here is our pick of the 3 most important Stablecoin news stories during the week. Who controls your stablecoin and what is their interest in you? This week in stablecoins we look at what is the interest in you by the party issuing your stablecoin or CBDC. But first, the week got off to a big…
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The data says it takes 7-10 years for startups to build real value, possibly longer without external capital. I can celebrate that Daily Fintech has come a long way from a single blog post in 2014; but I also know that we have a long way to go. On our 5th birthday we chose to de-emphasise the…
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