Twenty Practical Steps to Better Corporate Governance | The Corporate Secretaries International Association (CSIA) Please click the li...
#BoardOfDirectors Economical adds Susan Monteith to its Board of Directors – Economical adds Susan Monteith to its Board of Directors Canada NewsWire (press release)Full coverage http://bit.ly/2B2wwfl
— Muzaffaruddin Alvi (@Muzaffar1969) December 9, 2017
https://platform.twitter.com/widgets.js
http://ift.tt/1b1m047
Don’t divorce your retirement account when you say ‘I do’
June 12, 2017 at 02:06PM
from
|
|
Gary Wells retweeted:
A different perspective from three members of @SMEAllianceLtd . We focus on real life effects of failure of #corpgov in #banking system https://t.co/QtO8F3xpu5
May 26, 2017 at 02:03PM
https://twitter.com/garywells60/status/868029539619885061
from Gary Wells
|
|
#UK proposed #CorpGov changes include goal for number of women in senior positions by 2020 cfa.is/2pXa9OU @MattOrsagh
May 26, 2017 at 02:03PM
https://twitter.com/MarketIntegrity/status/868028941432373248
from CFA Market Integrity
|
Liquidnet appoints Stephen Grady as non–executive director
Finextra Commenting on Grady’s appointment, Mark Pumfrey, Head of Liquidnet EMEA, said: “We are looking forward to Stephen joining as Non–Executive Director and providing strategic counsel to Liquidnet as it continues to expand its business across the EMEA … Ex-Legal & General trading head joins Liquidnet in EuropeFinancial News (subscription) |
May 25, 2017 at 02:08PM
from
http://ift.tt/eA8V8J
Jürg Zeltner, president of UBS Wealth Management, says that his clients are most worried about the geopolitical uncertainty, as well as monetary issues and fiscal demand.
May 23, 2017 at 02:00PM
from
http://ift.tt/eA8V8J
Andy Burnham, mayor of Greater Manchester and Richard Leese, leader of Manchester City Council speak following a suspected terror attack in the city.
May 23, 2017 at 02:00PM
from
http://ift.tt/eA8V8J
Dr Sajjan Gohel, international security director for the Asia-Pacific Foundation, speaks about security concerns that have arisen following a suspected terror attack in Manchester.
May 23, 2017 at 02:00PM
from
http://ift.tt/eA8V8J
Philips Lighting CEO Eric Rondolat and Megan Greene, chief economist at Manulife Financial, speak about political risk in Europe.
May 23, 2017 at 02:00PM
from
http://ift.tt/eA8V8J
HomeServe CEO and Founder Richard Harpin discusses earnings, saying that his “business has reached its inflection point” in the U.S. and Canada.
May 23, 2017 at 02:00PM
from
http://ift.tt/eA8V8J
Raffaello Pantucci, director at the Royal United Services Institute, discusses how the investigation into a suspected terror attack in Manchester is progressing.
May 23, 2017 at 02:00PM
from
|
|
#corpgov http://ift.tt/1LY2dU8 – top stories by @CastbyShadow, @Lawndale1, @WholeBoardDev
May 21, 2017 at 02:03PM
https://twitter.com/Muzaffar1969/status/866217019942866945
from Muzaffaruddin Alvi
|
|
Oksana Paraskeva retweeted:
PwC’s @paula_loop on why your board plays an important role in your company’s innovation strategy: bit.ly/2qBBCdK #corpgov
May 21, 2017 at 02:03PM
https://twitter.com/OksanaParaskeva/status/866212202604351488
from Oksana Paraskeva
PwC's @paula_loop on why your board plays an important role in your company's innovation strategy: https://t.co/SJ0l9t3WTr #corpgov http://pic.twitter.com/ffm6Ybr2KR
— Michael Baccala
(@MikeBaccala) May 19, 2017
|
|
AIDINDIA retweeted:
Critic of Bebchuk and Kastiel’s paternalistic take on #Corpgov perpetual dual class stock
http://ift.tt/1MQAaJT
May 21, 2017 at 02:03PM
https://twitter.com/AIDIndia3/status/866212137085136896
from AIDINDIA
World First’s latest [Global Trade Barometer] shows a significant slowdown in international trading, as UK SMEs transfer 17% less on average per currency transaction in Q1 2017 versus Q4 2016 – a fall from £48,000 to just £39,000.
In other signs of businesses halting international trade, two in three (64%) SMEs said they did not make a foreign currency transaction in Q1 2017, rising significantly from 28% in Q4 2016.
% of SMEs not making a foreign currency transfer
| Q1 2016 | 27% |
| Q2 2016 | 31% |
| Q3 2016 | 33% |
| Q4 2016 | 28% |
| Q1 2017 | 64% |
The drop in SMEs’ confidence has been compounded by currency volatility, with 30% saying they felt the negative impact of exchange rate movements in the last quarter. SMEs are also concerned about political and economic factors in the months ahead. One in five (22%) are worried about rises in inflation negatively impacting their business and the same proportion (22%) show concerns over a fall in consumer spending.
Top 5 business concerns shared by UK SMEs
| Rise in inflation | 22% |
| Fall in consumer spending | 22% |
| Currency volatility | 19% |
| Change in government policies | 18% |
| Increase in business rates | 16% |
Jeremy Cook, Chief Economist at World First, comments: “The fall in trading by UK SMEs clearly shows us that SMEs are doing less trade abroad. Higher costs of importing materials and squeezed margins are seeing businesses pull back from international trade. Whilst fewer transactions of less value might be less risky for businesses, it could have a negative impact for the UK economy going forward.”
SMEs plan for less international trade
The decline in international trading looks set to continue with only a quarter (25%) of SMEs planning to export in the next quarter, compared to a third (33%) who currently do so. Declines are expected across major regions and with major trading countries.
| Region | % of SMEs currently exporting | % of SMEs with plans to export |
| USA | 16% | 2% |
| Australia | 6% | 2% |
| China | 5% | 1% |
| India | 7% | 1% |
| South Korea | 7% | 1% |
| Japan | 11% | 2% |
| Nordics | 11% | 7% |
| Eastern Europe | 10% | 8% |
| Western Europe | 24% | 15% |
| Central Europe | 12% | 8% |
| North America (excluding USA) | 10% | 8% |
| South America | 6% | 4% |
| Africa & Middle East | 9% | 6% |
| South East Asia (excluding China and South Korea) | 7% | 4% |
| Rest of Asia (excluding India) | 6% | 4% |
Brexit negotiations cause further headache for UK SMEs
With Article 50 triggered, over a third (35%) of SMEs are concerned that the resulting impact on currency rates will negatively affect their business – more than a tenth (12%) are very concerned. Additionally, a quarter (26%) worry that it will make it more difficult for their business to manage its currency risks – 9% are very concerned.
Risk of further shocks as SMEs fail to protect themselves
Despite expectations of further volatility, three in five (59%) of UK SMEs have no plans to protect themselves against future currency volatility. This is despite 37% of SMEs saying that a further fall in sterling will negatively impact their business.
World First data also shows that SMEs are doing less to protect themselves from currency volatility. The popularity of currency hedging fell by 9% in Q1 as less forward contracts were booked.
In particular, there was a significant decline in the appetite of UK SMEs for short term contracts (one month or less) with a 25% Q-o-Q and 17% Y-o-Y reduction in volume.
Jeremy Cook, Chief Economist at World First, comments: “The volatility of foreign exchange markets over the past twelve months, combined with the political and economic uncertainty has made the task of approaching foreign exchange markets with clarity and confidence even more difficult.
“Rather than address the issue of currency volatility, many SMEs seem to be burying their heads in the sand. The lack of forward planning amongst SMEs is leaving them susceptible to future shocks that could have a significant impact to their bottom line – we only need to look towards June’s UK general election as another potential flash point.”
May 16, 2017 at 01:33PM
from Dylan Jones
|
|
The top three risks Boards are focused on: cyber, finance/legal, and product. #corpgov
deloi.tt/2oFgan9 via @DeloitteUS
May 16, 2017 at 02:02PM
https://twitter.com/Thi_Francois/status/864404304286896128
from Thierry Francois
The global payment platform unveils a wide range of new Bitcoin services including instant Bitcoin-fiat exchanges and the option to hold Bitcoin alongside fiat currency within Payza eWallets.
Payza announced that it has become the first eWallet provider to treat Bitcoin like any fiat currency. Members can now hold their bitcoins directly in their Payza eWallets, no longer needing a separate Bitcoin Wallet to perform Bitcoin exchanges to or from fiat currencies.
Additionally, Payza members can now instantly send and receive Bitcoin to and from other Payza members. The fee to receive Bitcoin is just 1.2% per transaction, which is lower than the standard Payza receiving fee of 2.9% + $0.30.
Merchants who use Payza to process online payments will also have the option to receive Bitcoin as payment for their products. Previously, all payments made by Bitcoin were automatically converted to fiat currency. With today’s announcement, merchants will have the option to retain those payments in Bitcoin in their eWallets until they choose to convert the funds themselves. Merchants will also have the option to set their prices directly in Bitcoin without setting that price in a traditional currency like U.S. dollars. However, it will still remain possible to accept Bitcoin payments that are automatically converted into fiat currency.
“We were among the first online payment platforms and eWallet providers to embrace Bitcoin back in 2014,” says Firoz Patel, Payza’s global executive vice president. “Even then we recognized the important role Bitcoin was set to play in eCommerce. The ultimate goal was to provide our members a secure option to store their bitcoins in their Payza accounts. So we mapped out a set of incremental steps to accomplish that goal. Today, we fulfill our promise to our members and are now able to treat Bitcoin like any other currency we deal with. This means that every Payza member can now hold Bitcoin in their eWallets, and send and receive Bitcoin throughout our network, just like they would with USD, Euros or Sterling.”
Payza began offering Bitcoin services to account holders in 2014 with the introduction of Bitcoin Withdrawals, one of the easiest ways to buy Bitcoin online. Within three months, Payza then announced Bitcoin Deposits, an equally simple way to sell Bitcoin. In May 2015, Payza launched a Bitcoin payment option, which enabled merchants to accept Bitcoin as payment for their products or services. Bitcoin payments were immediately converted and settled in USD to help avoid the risk associated with Bitcoin’s volatility.
Today’s Payza merchants will now have the choice to retain Bitcoin in their accounts or to immediately convert them to fiat currency. All purchases made by Bitcoin through Payza’s online payment platform—unlike traditional Bitcoin payments, which are irreversible—will remain protected by Payza’s Resolution Center, a section within Payza accounts dedicated to resolving transaction disputes between buyers and sellers.
“We’re very excited about these new features because it positions Payza as one of the best options for Bitcoin neophytes who are ready to experiment with cryptocurrencies,” explains Patel. “We wanted to provide a worry-free way for our members to exchange and hold Bitcoin. We feel that the services announced today are perfect for people who are interested in Bitcoin, but are intimidated by the security risks and technical knowledge seemingly required to use them.”
Patel also offered insight into Payza’s upcoming cryptocurrency projects: “On top of the features announced today, Payza will be unveiling more Bitcoin and cryptocurrency features in the coming weeks and months. We are on track to launch full cryptocurrency exchange services, providing current and future crypto-enthusiasts the ability to exchange dozens of cryptocurrencies, not just Bitcoin, within their Payza accounts. We are also enhancing our Payza Card service: Payza members will soon be able to exchange Bitcoin in their Payza eWallets to instantly load their Payza Cards with U.S. dollars.”
May 16, 2017 at 01:33PM
from Dylan Jones
|
|
Ethical Boardroom retweeted:
Ethical Boardroom retweeted: 10 high-performance board barometers @EthicalBoard… http://ift.tt/2qmSJ1x
May 16, 2017 at 02:02PM
https://twitter.com/EthicalBoard/status/864404067459768320
from Ethical Boardroom
