In January 2000, global financial markets were on the verge of a meltdown that was expected to destroy both the reputations of investors and the riches of day traders, that invested in companies and tech stocks that weren’t generating any revenue. The “dotcom” crash caused a stock market meltdown. Between 1995 and 2000, Nasdaq climbed…
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ECB Calls Crisis Meeting on Yield divergence Last week the ECB convened an emergency meeting in order to discuss the widening yield gap between the weaker and stronger members of the Eurozone. There is nothing new about this. By all accounts they kicked the subject about and then did very little. In particular however they…
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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 ESG practitioners detail top reporting challenges Nearly two thirds of senior decision makers feel their organization is underprepared to meet their environmental, social, and governance (ESG) goals and regulatory reporting mandates,…
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Here is our pick of the 3 most important Stablecoin news stories during the week. For the first time in the history of stablecoins, supply dropped! This week as the Crypto markets continue their wild ride, money, not just value, moved out of the ecosystem. The market cap or measure of how many stablecoins are in…
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This week, the value of bitcoin and other cryptocurrencies has plummeted with billions of dollars lost. The crash is hitting investors all over the world and the rapid declines wiped out two years of financial gains overnight. Some attribute this to inflation, rising interest rates, and the Ukraine conflict. I believe it is a combination of things, that…
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UK mortgage lending underwriting has grown old and tired Gerard Lyons who I believe would have made an excellent candidate for governor of the Bank of England rather than the less than impressive Andrew Bailey makes the point that PM Boris Johnson’s comments on the housing market last week were unlikely to be effective. He…
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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. Apologies for the delayed publication, which was due to a technical glitch. 1 Insights from Japan’s digitally tagged KAMs The Key Audit Matters (KAMs) section of an audit report highlights the most…
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In auto insurance, processing a single claim event requires a multitude of smaller transactions that involve customers, lenders, collision repairers, auto manufacturers, parts suppliers, medical providers and others. These transactions hinge on an elaborate web of decisions and data, which ultimately shore up transaction costs while increasing the likelihood of fraud and claims leakage. In…
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Here is our pick of the 3 most important Stablecoin news stories during the week. The what and how of Regulations! This week as markets continued to crash the discussion increased about what and how the stablecoin and broader Crypto market should be regulated. Everyone seems to be waiting on the U.S. which could have a…
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