Irish Fund Directors Association (IFDA)’s Post

A very interesting study by #CEPS assessing over-indebtedness of the European population in the current high inflation and high interest rate environment. It shows a very relevant data, which I would recommend to read to all #regulators working on the #CCD2 transposition. Surprisingly markets with a low level of regulation like the Czech Republic demonstrate a very good results. This is a bit opposite what some regulators across the Member States see as a relevant approach.

Rain or shine, Hong Kong life insurers' new premiums surge still has legs this year. We discuss our latest report with Haidi Stroud-Watts and Vonnie Quinn at Bloomberg's Hong Kong studio today: - New annual premium equivalent (APE) this year can reach 92% of 2019's level, from 72% in 1H. - Mainland customers' deep pockets and a pick up in flight capacity from September and onwards would be the key catalysts. - More than half of AIA Hong Kong and Macau and Prudential Hong Kong's MCV customers are outside of Greater Bay Area. Meanwhile, mainland visitors arrivals by air stood at 625k this quarter through Sep. 6, which is already 90% of 2Q's total, despite Typhoon Saola's impact earlier - Strong bank account openings are another indication of robust demand for financial products in Hong Kong Access our research here https://lnkd.in/gfsQWM6T for more, or type BI INSUA <GO> on your Bloomberg Terminal. Bloomberg Intelligence #reopening

The ICAEW have released the results of their latest Business Confidence Monitor (BCM) The BCM is one of the largest and most comprehensive quarterly surveys of business conditions and the health of the UK economy The results were analysed at the UK regions Economic Summit last week hosted by Iain Wright in conversation with Suren Thiru Economics Director of the Institute and Huw Pill Chief Economist of the Bank of England My takeaways: - business confidence has halved since last quarter but is still in positive territory - inflation is falling but so are indicators of economic activity - businesses face challenges in regulatory requirements, weakening customer demand, competition and staff turnover - limitations are more supply-side than demand-side - the UK is a price taker and a significant importer of global inflationary forces ie energy costs - the Bank believe inflation will fall back to their 2% target in a two-year time horizon - interest rates will be held around current levels for an extended period After the plenary session looking at the national position, we went into break-out rooms to drill down into what was going on in each region of the country I joined the East of England room where Melanie Christie MInstLM chaired a great discussion with ICAEW members Doug Field OBE Colin Field Ali Ansari about the conditions they are seeing locally You can find the BCM at www.icaew.com and search ‘Business Confidence Monitor’ where you can see detail of both the national picture and of your own region Well worth a look! #icaew #economy #BankOfEngland #bcm

he CFTC has recently proposed a set of new and modified regulations pertaining to conflicts of interest, fitness, and governance in swap execution facilities (SEFs) and designated contract markets (DCMs). Our Commentary delves into the most significant changes introduced by these proposed regulations. This includes the requirement for regulatory oversight committees to exclusively comprise "public directors" and a more focused definition of the "public director" category. Read our Commentary here: https://lnkd.in/gke4BhdY #CFTC #derivatives #swaps.

The CFTC has recently proposed a set of new and modified regulations pertaining to conflicts of interest, fitness, and governance in swap execution facilities (SEFs) and designated contract markets (DCMs). Our Commentary delves into the most significant changes introduced by these proposed regulations. This includes the requirement for regulatory oversight committees to exclusively comprise "public directors" and a more focused definition of the "public director" category. Read our Commentary here: https://lnkd.in/gkfm6uqk #CFTC #derivatives #swaps

The importance of investing in cutting-edge tech like Generative AI and digital solutions is the key to addressing the increasing demand for retail and SME loans while reducing operational expenses. Watch the insightful panel discussion with industry experts in the Philippines, hosted by iGCB and in partnership with CNN Philippines. Gain valuable insights on how these factors are reshaping the way banks serve retail customers SME customers. Watch us in action on CNN Philippines:https://lnkd.in/dGEHvNSy Our esteemed panelists :  Rahul Rasal | Manoj Varma | Lito Villanueva Rajesh Saxena | Paramdeep Singh | Mithu Gupta | Harpreet Singh | Raju Daryani | Rico Hizon | Vijayanand Bhupathi Raju | Irene Aguila | Shobhit Sharma | Kishalaya Das | Jill L. | Ramil De Villa | Eleanor Castaneda #iGCB #AsianBankersAssociation #DigitalTransformation #FintechRevolution #CreditPenetration #BankingInnovation #PhilippinesFinance

I will be glad if you register for this summit. I personally know the speakers and what they can offer. Fortunately the fee has been reduced to GhC 50. SEVEN REASONS WHY YOU NEED THIS SUMMIT You should register for this event because; 1. Knowledge should be gained at all cost 2. Knowledge cannot be taken from you if you have it 3. Knowledge possess protection, power, sustainable wealth, Honour, good health and security 4. Knowledge makes the simple wise 5. Knowledge cannot be affected by inflation 6. Knowledge cannot be destroyed 7. No economic event can affect knowledge in any way or any form. Hope these seven reasons can convince enough to register and obtain knowledge that can take care of you and your loved ones. Cheers to knowledge and wealth 😊 BNO #financialliteracy #knowledge #knowledgesharing #wealthbuilding #economicgrowth

Have you registered for our webinar on MMSR? This EU reporting regime is in the spotlight as the European Central Bank has recently updated its guidance and also expanded the scope of the regime. Register here: https://lnkd.in/ey_p35B2 #moneymarkets #mmsr #regulatoryreporting #regulatorychange

Competition should be an essential part of Aussie prosperity but a recent decision in banked shows the whole system is screwed. The Australian Competition and Consumer Commission (ACCC) has a budget of nearly $30 million per year. It has formidable powers to extract commercially sensitive data from claimants and defenders. Even so, these resources have served it poorly, enabling greater concentration to develop in every significant economic segment. However, it is a valuable public service organ that can track and remonstrate against monopolies and oligopolies when their behaviour reaches outrageous levels. https://lnkd.in/dTTinMcB