Shaping the future of finance
For some time there’s been debate about whether Vickers or Volcker is the right way to go. Should investment banks be divided from their retailing and commercial siblings by a fence, or completely separated so that one cannot poison the other? Should banks be allowed to play in the markets off their own account, or…
I’ve been debating some future presentations with various folks today, and a little ray of light went off in my head. The light was triggered by a comment: “can you talk about what impact regulatory change may have on bank to corporate relationships using examples historically?” The question was really asking about the unintended impact…
I’ve been debating some future presentations with various folks today, and a little ray of light went off in my head. The light was triggered by a comment: “can you talk about what impact regulatory change may have on bank to corporate relationships using examples historically?” The question was really asking about the unintended impact…
A year ago, the FSA issued a short 298-word statement saying that after an extensive 17 month investigation into the collapse of the Royal Bank of Scotland (RBS), no action would be taken against Sir Fred Goodwin or others. There was a general outcry, so much so that after initially dismissing any indepth report, they…
A year ago, the FSA issued a short 298-word statement saying that after an extensive 17 month investigation into the collapse of the Royal Bank of Scotland (RBS), no action would be taken against Sir Fred Goodwin or others. There was a general outcry, so much so that after initially dismissing any indepth report, they…
I hosted a dinner last night with a focus upon developments with SEPA and innovation. What innovations has SEPA introduced? Long silence. To be honest, there are some – the ability to cash concentrate direct debits into the most efficient countries using SDDs (SEPA Direct Debits) for example –but the list is real short. We…
I hosted a dinner last night with a focus upon developments with SEPA and innovation. What innovations has SEPA introduced? Long silence. To be honest, there are some – the ability to cash concentrate direct debits into the most efficient countries using SDDs (SEPA Direct Debits) for example –but the list is real short. We…
Margaret Cole, Interim Managing Director, Conduct Business Unit at the Financial Services Authority (FSA), gave a great speech at the Financial Services Club last week. Margaret's Conduct Business Unit will become the Financial Conduct Authority in 2013, when the Financial Services Authority splits into two units. Everyone is interested to know what this means, but the…
Margaret Cole, Interim Managing Director, Conduct Business Unit at the Financial Services Authority (FSA), gave a great speech at the Financial Services Club last week. Margaret's Conduct Business Unit will become the Financial Conduct Authority in 2013, when the Financial Services Authority splits into two units. Everyone is interested to know what this means, but the…
So the morning continues with the innotribe team discussing digital identities, with contributions from a wide range of folks, including: Azeem Azhar, CEO, Peerindex Scott David, Partner, K&L Gates LLP Tony Fish, Founder/CEO, AMF Ventures Mary Hodder, Chair, Personal Data Ecosystem Consortium Michael Ouliel, Founder and CEO, Ripples HLS Group Drummond Reed, Chairman and Chief Trust Officer, Connect.Me; Co-Chair, OASIS XRI…
