If an ESG fund goes mainstream in the UK, will tech stocks automatically drop in Asia? It’s important to keep up with current financial news that’s shaping the industry: the butterfly effects and the fallouts that effect global business strategies. What is the latest on Brexit? How is FinTech faring in other countries. In the digital age of asset management, we can’t afford to be left behind – especially during such a highly-competitive climate.
Look at the financial news going on around the globe here.
The ripple effect of a no Brexit deal is being felt by anxious business leaders in Germany. FX Street reports that the lack of a firm agreement during the race to the March 2019 deadline is proving too much to bear, resulting in German markets preparing for the inevitable. Today.
Have you been following updates on the US-China trade war? According to the Financial Times, the “warring sides” seem to be unaware their opposition’s vulnerabilities. The global superpowers are set to impose tariffs on manufactured goods and commodities that are valued up to $360 billion. Who will win?
Crypto regulations won’t be updated until the end of 2020. Why the delay? This appears to be a direct result of the 2019 general elections, as shared by FX Street. Will this set businesses back even further with their strategies? It will take approximately a fully year for the regulatory changes to come into effect. So, 202..2?
The Financial Control Authority (FCA) and Central Bank of Nigeria are joining forces to implement the ideal, forward-thinking regulations to the country. The Daily Trust highlights that the deal has been struck in an effort to seize the emerging FinTech opportunities in Nigeria.
Like Nigeria, financial technology is bringing together Singapore’s Central Bank and the Dubai Financial Services Authority (DFSA). This pact aims to solidify Singapore as a regional FinTech hub. Asia Asset Management spotlights the regulatory agreement, which will focus on digital payments and blockchain.
The success of super funds in Australia is making headlines in Investment Magazine. The growth of mergers and investments have increased the rankings of at least 17 superannuation funds. In Willis Towers Watson’s Asset Owner Study in 2017 revealed that these improvements have the potential to yield an estimated annual return of 1%.
The Global Regulatory Technology Market Study sheds more light on the RegTech forecast. Here, WhaTech highlights how the in-depth report covers the North American, European, Asia-Pacific, Middle East, African, and Latin American markets, focusing on each region’s development trends and competitive landscapes, to name a few.