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New Data Confirms That HMRC’s Approach to IR35 Is Hampering Growth for the UK Financial Sector
Date: April 14, 2022
50% of businesses reported that IR35, the UK’s anti-avoidance tax legislation, was the biggest obstacle to hiring contractors over the past 12 months More than 70% of businesses and recruiters have seen a drop in their limited company PSC contractors since the IR35 reform Half of contractors in the UK have considered closing their businesses,...
Ericsson Warns Likely to Be Fined Over Iraq Scandal, Reports Profit Slump
Date: April 14, 2022
By Supantha Mukherjee STOCKHOLM (Reuters) – Swedish telecom provider Ericsson said on Thursday it would likely be fined by U.S. regulators for its handling of a bribery investigation in Iraq and reported a slide in quarterly earnings due to its suspension of business in Russia. The company disclosed in February that an internal investigation had...
Communication Is Key as Strong Customer Authentication Rules Come Into Force
Date: April 13, 2022
By Andrew Stevens, Principal – Banking and Financial Services at Quadient It has taken a number of years, but many aspects of the Strong Customer Authentication (SCA) regulation have finally become mandatory across banking and retail in the UK. The new rules are designed to keep customers safe when shopping online and ensure their money is...
Binance CEO Praises ‘pro-Crypto’ France as It Pursues Base There
Date: April 13, 2022
By Mathieu Rosemain PARIS (Reuters) – Binance boss Changpeng Zhao praised France for its “pro-crypto” regulations on Wednesday, as the world’s biggest cryptocurrency exchange pursues plans to make Paris its European base. Zhao, better known by his initials CZ, is trying to get Binance registered with French markets regulator AMF as a “digital asset service...
How to Handle It if You Witness Unethical Practices at Work
Date: April 12, 2022
By Dr Joan van den Brink, Executive Coach, management consultant and founder of Araba Consulting Ethics are moral principles that guide our behaviour. Our morals are formed from a range of external influences such as, parents, schools, religion/spiritual, society, work. These values and principles act as filters for how we view the world and guide...
How Bfsi Use Natural Language AI and Rpa for Efficiency and Accuracy in Financial Reporting and Fund Commentary
Date: April 12, 2022
By Mark Goodey, Managing Director & Innovation Strategist, Arria NLG It has been nearly a century since John Maynard Keynes predicted that by 2030, the average workweek would be compressed into a mere 15 hours, turning the traditional nine-to-five into a breezy nine-to-12. Keynes prediction has obviously not materialised, and the current average isn’t trending...