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How much regulation do we need? the olive oil example

May 19, 2013 by Magnus Lind

This is an article describing a new EU regulation stipulating how olive oil shall be served in restaurants so the guests do not have to worry about if the olive oil is actually something else. Is that really required, or is it a sign of how silly the whole regulatory circus has become? Of course…Full article

News from Treasury Peer LinkedIn Group

  • ECB and BoE are warning for the FTT (Financial Transaction Tax)

    May 17, 2013 by Magnus Lind

    The ECB today joined  the Bank of England (BoE) in warning for unintended consequences of the FTT. The ECB worries about how effective the monetary policies can be with a distorting tax. The FTT will not tax transactions between banks and the ECB but taxing all inter-bank deals. Will it mean that the ECB will become…Full article

    SME and mid-caps are significantly exposed, but insufficiently hedged

    May 16, 2013 by Magnus Lind

    KANTOX – the club to trade foreign currencies corporate to corporate – has issued an interesting survey: Hedging FX risk SME and mid-caps by Kantox May 2013 Main conclusions of the survey: The biggest obstacle to FX risk management among SMEs and mid-caps is a lack of knowledge and in-house skills that would allow them to deal with the…Full article

    Treasury Peer Award for 2013 goes to…

    May 7, 2013 by Magnus Lind

    Treasury Peer™ has awarded Philippe Roca and his team for their relentless efforts of creating a bank solely for corporate lending – the Corporate Funding Association. The goal for the bank is to have one product; floating rate EUR lending; only to one segment; corporates – large and small. The bank’s principles are that interest…Full article

    Soros and Sinn on Germany’s options

    May 6, 2013 by Magnus Lind

    Recently George Soros gave this speech, published in the Guardian, effectively arguing that Germany has only two alternatives; (i) allow mutualization of debt through eurobonds, or (ii) leave the EMU and the euro. Hans-Werner Sinn, president of the Ifo Institute for Economic Research and member of the German economy ministry’s Advisory Council responds in this…Full article

    Uncontrolled rule setting kills french business

    May 3, 2013 by Magnus Lind

    Unemployment in Europe continues to rise and quickly and the responsible EU commissioner says all governments need to act, through a top down strategy probably. Meanwhile the Norwegian newspaper Aftenposten presents a story on how it’s becoming more and more impossible to conduct business in France (in Norwegian). Here is my translation of the Aftenposten French…Full article

    ECB is Looking at all alternatives including buying corporate bonds

    May 1, 2013 by Magnus Lind

    Erkii Liikanen, the head of Finland’s central bank is looking at buying corporate bonds to get the transmission effect working. In the EU the policy makers are often looking in the wrong places. Why can’t they just accept the fact that strangling the corporate sector with new rules, regulation and bureaucracy aiming at hindering taking…Full article

    How Governments and regulators destroy jobs

    April 13, 2013 by Magnus Lind

    We have a huge gap in perspectives from governments and the private sector. This gap creates unnecessary unemployment and grievance. This film proves that governments and officials have a complete lack of understanding of the condition for entrepreneurship. This lack we also find in the new financial regulation and the policy responses to the financial…Full article

    Regulation and trade finance: a good report

    April 10, 2013 by Magnus Lind

    This is a very well written article by J.P. Morgan’s experts on the regulations’ effects on trade finance. It’s amazing to again and again realize  the regulators’ complete lack of understanding of global trade. They seem just not to care how they inflict damage on businesses all over the world. The only thing that seems…Full article