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Showing posts with label June 07. Show all posts
Showing posts with label June 07. Show all posts

Wednesday, June 7, 2017

$dk #delek #delekusholdings: is it time to find #women for your board? #corpgov

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WomenServeOnBoards
@BoardsWomen

$dk #delek #delekusholdings: is it time to find #women for your board? #corpgov

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June 07, 2017 at 11:39PM

https://twitter.com/BoardsWomen/status/872522343926595589

from WomenServeOnBoards


$dk #delek #delekusholdings: is it time to find #women for your board? #corpgov

http://ift.tt/2oqbGQl

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Olga V. Mack
@OlgaVMack

$dk #delek #delekusholdings: is it time to find #women for your board? #corpgov

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June 07, 2017 at 11:39PM

https://twitter.com/OlgaVMack/status/872522343054286849

from Olga V. Mack


Asuntos Públicos retweeted: Libro blanco sobre la función de #Compliance DESCARGUE PDF ow.ly/cUPc30comG5 @ascomGRC @AAECOMPLIANCE #CorpGov #etica https://t.co/oXJuLiRXVp

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Betina Bensignor
@betinabensignor

Asuntos Públicos retweeted:

June 07, 2017 at 11:39PM

https://twitter.com/Doxarquia/status/872522174145363972

from Asuntos Públicos


Barclays, UBS, HSBC Agree To $36M Settlement In Libor Suit

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Barclays Bank PLC, UBS AG and HSBC Bank PLC have agreed to pay into a $36.1 million fund to settle a putative class of bondholders’ claims that the banks conspired to manipulate the London Interbank Offered Rate, according to proposed settlements filed in New York federal court on Wednesday.

June 07, 2017 at 11:48PM

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from

http://ift.tt/2sU2CCh


WholeBoardDevelopmnt retweeted: How boards can ensure their effectiveness and other tips from investors: bit.ly/2pw1nM2 #corpgov

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Paul DeNicola
@PaulDeNicola

How boards can ensure their effectiveness and other tips from investors: bit.ly/2pw1nM2 #corpgov

June 07, 2017 at 11:39PM

https://twitter.com/WholeBoardDev/status/872522141211783172

from WholeBoardDevelopmnt


Charlie Helps FRSA retweeted: “why Congress does not displace the states in the important task of making corporate law” http://ift.tt/2sD1fbP #corpgov

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Stefan Padfield
@ProfPadfield

Charlie Helps FRSA retweeted:

“why Congress does not displace the states in the important task of making corporate law” http://ift.tt/2sD1fbP #corpgov

June 07, 2017 at 11:39PM

https://twitter.com/HelpsCharlie/status/872522066746109952

from Charlie Helps FRSA


#OregonInvestmentCouncil reviews #corpgov engagement, proxy votes, advocacy on board diversity and investor rights http://ift.tt/2sUcFay

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Oregon St Treasury
@OregonTreasury

#OregonInvestmentCouncil reviews #corpgov engagement, proxy votes, advocacy on board diversity and investor rights http://ift.tt/2sUcFay

DBvJzX-W0AU_zoL.jpg:large

June 07, 2017 at 11:39PM

https://twitter.com/OregonTreasury/status/872521652600438788

from Oregon St Treasury


Corporate Governance retweeted: “the value of shareholder proposals as a process” http://ift.tt/1Lvs5Xj #corpgov

http://ift.tt/1Oz3N0J

6d975864545e8c35a0ba22e1d4ec4b1f_normal.

Stefan Padfield
@ProfPadfield

“the value of shareholder proposals as a process” http://ift.tt/1Lvs5Xj #corpgov

June 07, 2017 at 11:39PM

https://twitter.com/ToGovern/status/872521190233047040

from Corporate Governance


CONSULTING FIRM TO WALL STREET: Don’t worry about blockchain’s cost — just start working with it

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Screen Shot 2017 06 07 at 2.30.26 PM

Everyone on Wall Street seems to agree that blockchain is going to be a game-changer.  

The technology is thought to have the potential to improve productivity across Wall Street in areas such as as banking, payments, and the capital markets. But the degree to which blockchain will revolutionize financial services is really anyone’s guess. 

Blockchain became a ubiquitous Street buzzword thanks to the rise in popularity of the cryptocurrency bitcoin, which is powered by the technology. 

Cognizant, a US-based digital consulting firm, recently surveyed over 1,500 executives from over 570 financial services firms on their respective strategies for integrating the technology into their infrastructure. The overwhelming majority (91% to be exact) of firms surveyed said they recognize the importance of blockchain to the future of the industry. However, only a few are actively integrating blockchain into their infrastructure. Most are dilly-dallying in the experimental phase, according to the Cognizant. 

“While some early adopters are pushing ahead rapidly, most firms remain content with learning about the technology and testing proofs of concept internally until the future direction comes into focus,” the report said. 

Those firms, according to Cognizant, don’t have a “viable” path forward. 

To be sure, it makes sense that firms would want to take time to figure out how blockchain could work for their company. The technology is barely a decade-old, extremely complex, and development costs money.

Nevertheless, Cognizant is advising firms to get a move on. In the report they outline a number of points for financial firms to consider when developing their blockchain strategies. 

Here are a few:

  • Don’t waste time worrying about costs. “Learning will be iterative, and costs and benefits may only become defined more clearly as the project pro-gresses. In addition, many reasons to move forward are strategic in nature and cannot be quantified at the outset.”
  • Don’t just give all the work to IT.  “Rather than emanating from IT, blockchain projects should be designed to address specific business problems or opportunities, and business stakeholders should be involved from the outset.”
  • Keep calm and carry on. “Recognize that blockchain is still in the early stages of development; innovation will continue, and the infrastructure will evolve.

SEE ALSO: Wall Street firms are betting that the technology behind bitcoin could help them cut jobs

SEE ALSO: A ‘paradigm shift’ is taking place in financial technology

SEE ALSO: Deloitte’s COO explains his view of the economy, fintech, and why we shouldn’t be afraid of robots

Join the conversation about this story »

NOW WATCH: SCOTT GALLOWAY: WeWork is arguably the most overvalued company in the world

June 07, 2017 at 11:48PM

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from Frank Chaparro

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[ EVENT ] @PwC’s June 14 Webcast » What’s the #CorpGov Impact of Trump’s First 100 Days in Office? hubs.ly/H07JZXG0 @PaulDeNicola

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TK Kerstetter
@BoardResources

[ EVENT ] @PwC‘s June 14 Webcast » What’s the #CorpGov Impact of Trump’s First 100 Days in Office? hubs.ly/H07JZXG0 @PaulDeNicola

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June 07, 2017 at 11:39PM

https://twitter.com/BoardResources/status/872521108125253640

from TK Kerstetter


Florida Credit Union to Open M&A Group

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Achieva Merger Services will assist credit unions and banks with their M&A endeavors.

June 07, 2017 at 11:34PM

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from

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Seven Corners Hires Chief Financial Officer, Completes C-suite Expansion – Business Wire (press release)

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Seven Corners Hires Chief Financial Officer, Completes C-suite Expansion
Business Wire (press release)
INDIANAPOLIS–(BUSINESS WIRE)–Innovative international travel insurance and specialty benefit management provider Seven Corners, Inc. today announces the hiring of Kip Zurcher as chief financial officer (CFO), completing its C-suite remodel.

and more »

June 07, 2017 at 11:37PM

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from

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India signs Multilateral Instrument at Paris, joins BEPS

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Surabhi Upadhyay The OECD multilateral convention aims to crack down on tax evasion around the world, be it individuals companies or investors, anybody that is trying to create structure primarily with a purpose to avoiding or evading taxes.

June 07, 2017 at 10:43PM

http://ift.tt/2rBzMJ8

from

http://ift.tt/2rBzMJ8


CONSULTING FIRM TO WALL STREET: Don’t worry about blockchain’s cost — just start working with it

http://ift.tt/2r2vV9o

Screen Shot 2017 06 07 at 2.30.26 PM

Everyone on Wall Street seems to agree that blockchain is going to be a game-changer.  

The technology is thought to have the potential to improve productivity across Wall Street in areas such as as banking, payments, and the capital markets. But the degree to which blockchain will revolutionize financial services is really anyone’s guess. 

Blockchain became a ubiquitous Street buzzword thanks to the rise in popularity of the cryptocurrency bitcoin, which is powered by the technology. 

Cognizant, a US-based digital consulting firm, recently surveyed over 1,500 executives from over 570 financial services firms on their respective strategies for integrating the technology into their infrastructure. The overwhelming majority (91% to be exact) of firms surveyed said they recognize the importance of blockchain to the future of the industry. However, only a few are actively integrating blockchain into their infrastructure. Most are dilly-dallying in the experimental phase, according to the Cognizant. 

“While some early adopters are pushing ahead rapidly, most firms remain content with learning about the technology and testing proofs of concept internally until the future direction comes into focus,” the report said. 

Those firms, according to Cognizant, don’t have a “viable” path forward. 

To be sure, it makes sense that firms would want to take time to figure out how blockchain could work for their company. The technology is barely a decade-old, extremely complex, and development costs money.

Nevertheless, Cognizant is advising firms to get a move on. In the report they outline a number of points for financial firms to consider when developing their blockchain strategies. 

Here are a few:

  • Don’t waste time worrying about costs. “Learning will be iterative, and costs and benefits may only become defined more clearly as the project pro-gresses. In addition, many reasons to move forward are strategic in nature and cannot be quantified at the outset.”
  • Don’t just give all the work to IT.  “Rather than emanating from IT, blockchain projects should be designed to address specific business problems or opportunities, and business stakeholders should be involved from the outset.”
  • Keep calm and carry on. “Recognize that blockchain is still in the early stages of development; innovation will continue, and the infrastructure will evolve.

SEE ALSO: Wall Street firms are betting that the technology behind bitcoin could help them cut jobs

SEE ALSO: A ‘paradigm shift’ is taking place in financial technology

SEE ALSO: Deloitte’s COO explains his view of the economy, fintech, and why we shouldn’t be afraid of robots

Join the conversation about this story »

NOW WATCH: HENRY BLODGET: This chart explains everything that’s wrong with the economy today

clusterstock?d=yIl2AUoC8zA clusterstock?i=1Mdkn7pLqJY:JhmK2ZjiQ58:F clusterstock?i=1Mdkn7pLqJY:JhmK2ZjiQ58:V clusterstock?i=1Mdkn7pLqJY:JhmK2ZjiQ58:g clusterstock?d=cGdyc7Q-1BI clusterstock?d=QXVau8BzmBE

June 07, 2017 at 11:38PM

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from Frank Chaparro

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