Corporates expands into financial services

April 21, 2014 by Magnus Lind

The Internet is distributing powers to the consumers in industry after industry forcing dramatic change to current business models. Now the Internet is finally redesigning financial services, which Milton Friedman foresaw already in 1999 (!) according to this video (no endorsements to Bill Still and the Still Reports): It’s very exciting to now see how…Full article

News from Treasury Peer LinkedIn Group

  • The disruptive force of cryptocurrencies is real

    April 2, 2014 by Magnus Lind

    The concept of cryptocurrencies, e.g. bitcoin, is breathtaking and most likely as disruptive as internet itself. It’s not the currencies in themselves, it’s the infrastructure they provide – a complete financial system. Recently I visited Istanbul to meet with leading companies to discuss the development of financial services and have a roundtable with Turkish treasurers…Full article

    KANTOX challenging the banks’ FX margins

    March 11, 2014 by Magnus Lind 2 comments so far

    The economic crisis has led to financial regulation pushing risks out from the banks to the wider economy. Do not expect the financial risks to disappear just because banks are restricted from taking risks. We still have international trade, which creates foreign exchange risk for instance. Many companies, especially the SMEs and Mid-caps, are looking…Full article

    Is increasing employment a true political will?

    March 4, 2014 by Magnus Lind

    There is no empirical evidence that over-regulation has any relation at all to financial stability or increase in employment. Last time we were over-regulated was in the 70-ties, when even the currency regime collapsed (Bretton Woods). What we know however is that when free markets are severely restricted through intrusive rules and regulation we’ll sooner…Full article

    Why EMIR is a corporate nightmare

    February 18, 2014 by Magnus Lind

    EMIR is short for the “European Market Infrastructure Regulation“. Now it’s perceived by many as the “European Mission Impossible Regulation“. Many corporates failed to implement on time at February 12, 2014. There were many reasons for this failure. Primarily there seems to be a lack of understanding of the conditions for non-financial companies, or “corporates”…Full article

    Will EMIR be yet another regulatory failure by the EU?

    February 3, 2014 by Magnus Lind

    The EMIR implementation is like pushing a round ball through a square hole. There is more and more evidence that EMIR is an incomplete set of regulation unable to be implemented by most corporates to the tight deadlines. It’s surely not beneficial for the EU treating its job creating community in this way. It seems…Full article

    Putting EMIR into context and what will follow next?

    January 20, 2014 by Magnus Lind 1 comment so far

    Treasury Peer met with Nicolas Boatwright at REGIS-TR, part of Clearstream, to make sense of EMIR. Nicolas is currently busy supporting the corporate community to set-up their reporting of OTC derivatives to a trade repository. Treasury Peer: What’s the background of EMIR? [High level picture and political reasoning and logic] The 2008 financial crisis brought…Full article

    New information on EMIR – get help from your peers and friends

    January 13, 2014 by Magnus Lind

    We’ve received marvelous help from many treasury peers and from Nicolas Boatwright at Regis-TR and Francois Masquelier, who have assisted in putting together: EMIR for Dummies! EMIR Checklist (updated frequently) EMIRoadbook Thanks to all for participating. Please continue to send information you want to share with your peer to me and I’ll update the list.

    Anyone wanting to invest in Europe, please?

    January 9, 2014 by Magnus Lind 1 comment so far

    Treasury Peer is an SME gaining more and more traction and a larger community leading us to growth. This is all wonderful and we’re very grateful to you. As a consequence we need to develop better and better processes and facilitate transactions. One of those processes is to get paid and many of the peers…Full article

    Introducing EMIR for Dummies

    December 30, 2013 by Magnus Lind

    EMIR (European Market Infrastructure Regulation) issued by ESMA (European Securities and Markets Authority) one of EU:s many regulators must be implemented latest on Feb 12, 2014. The EMIR is very poorly prepared by ESMA and pushed out to the corporate and financial sectors to be implemented without any guidelines, standards or professional procedures. The whole…Full article