27
Mai

VERMEG ENHANCES XBRL SERVICE PROVIDED FREE OF CHARGE DURING COVID-19 CRISIS

Building on last month’s announcement of the offer of a free of charge XBRL Checker for COREP, FINREP and PRA, we have now added the PRA 110 to this service with immediate effect. The 110 is probably the most complex and comprehensive of the PRA’s Regulatory Returns and this addition will provide significant value to anyone needing to visualise and

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21
Mai

4 REGIONS, 4 VIEWS, ON THE WORLD POST COVID-19: EUROPE

Depicting the impact post-Covid-19 in Europe As the measures are lifted and the end of the confinement begins to take effect across European countries, many editorial writers are debating the rebound and the need to look ahead towards the post-pandemic period. They also say, « there will be a before and an after ». This puzzles me and raises a number of

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20
Mai

4 REGIONS, 4 VIEWS, ON THE WORLD POST COVID-19: UK

“Music concerts with Micrashells – is this the way forward for financial advisors?” Maintaining the Adviser and Customer personal relationship. Face to face is obviously always going to be the best option; sadly, with social distancing, we have to come up with the next best thing. Could this be it? Is there life on Mars? A new way of meeting

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19
Mai

4 REGIONS, 4 VIEWS, ON THE WORLD POST COVID-19: NORTH AMERICA

“Due to the Mayors (sic) decision, we are closed until further notice” March 22, that’s when it really hit home. I had decided to walk from the office rather than risk the crowded subway home. In the doors and windows of bars and restaurants was a version of the same message “Due to the Mayors (sic) decision, we are closed

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18
Mai

4 REGIONS, 4 VIEWS, ON THE WORLD POST COVID-19: LATIN AMERICA

Sometimes it looks like we are on the set of some science fiction movie. Bright sunny days with empty beaches. People wearing masks, few cars on the streets, everything is closed. The health crisis is on its peak here and we can see on our daily routine how this is leading to an economic crisis. Several movements have taken place

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14
Mai

POSTPONEMENT OF THE ISO20022 FOR X-BORDER PAYMENT AND THE COVID-19 CRISIS

Did that get your attention? The ISO20022 implementation for cross border payments has been delayed, but not due to the coronavirus crisis. It could, however, be impacted. SWIFT cancelled SIBOS this year due to COVID-19, but the decision to postpone the go-live of ISO20022 for cross border payments (MT Categories 1, 2 and 9) from November 2021 to the end of

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13
Mai

BANKING, REGULATION AND COVID-19: (STRESS) TESTING TIMES

They say all good things must come to an end eventually. After more than 10 years of sustained economic growth and steadily rising GDP across Europe and the rest of the world, that end has come in a dramatic way this year. To say I would have been shocked if anyone had of predicted that in 2020 we would see

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12
Mai

ARE YOU STOCKPILING OR USING YOUR ASSETS EFFICIENTLY?

At VERMEG we believe that optimisation solutions should be tailored to different market sectors. Different organisations have varied drivers and priorities depending upon their size, their strategy and the legality of pooling assets across multiple entities or funds. Each organisation must set its own goals in relation to what it wishes to accomplish, whether this is the maximising of efficiencies,

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7
Mai

HAS MARGIN CALL MADNESS HIGHLIGHTED BROADER FAILURES IN THE COLLATERAL ECOSYSTEM?

As Covid-19 sweeps the world we’ve seen global leaders in ICU, negative oil prices, record-high global debt, record-low interest rates, equity markets in free-fall, F1 teams building emergency medical equipment, and conspiracy theorists out in full force – no doubt there will be geopolitical powerplays going on behind the scenes. 5G towers and Chinese biochemical warfare, I’m not as convinced!

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