Industry Insights
Can the EU counteract reinforced US anti-corruption laws?
In June 2021, the US government issued a National Security Study Memorandum which defines corruption as a major threat to US national security. Considering that bribery and corruption have a negative impact on the world’s GDP by 2% to 5%, the current US administration is willing to raise corruption to a major stake, not only for national security, but also for […]
Phygital workplace, does this sound familiar to you?
The new term phygital is a blend of PHYsical + diGITAL. It defines a user experience in the physical world through digital technologies, making it possible to improve experiences both at the office and in workspaces at home. Today’s definition of a workplace has been disrupted since the acceleration of work digitalization and the drop in office occupancy du […]
Proposed amendments to sale-and-leaseback. How ready are you?
In mid-2020, the IFRS Interpretations Committee (IFRS IC) received a question on how to measure a lease liability and right-of-use (ROU) asset on a sale-and-leaseback transaction with fully variable payments. You might be wondering what sparked this question in the first place. Well, IFRS 16 prohibits the inclusion of variable lease payments (except for those […]
Ready or not…PRIIPs KID implementation deadline for UCITS funds is coming soon!
On 3 February 2021, the European Supervisory Authorities (ESAs) submitted draft Regulatory Technical Standards (RTS) to the European Commission. These contained amendments to the key information document (KID) for packaged retail and insurance-based investment products (PRIIPs). Although some national competent authorities on EIOPA’s board expressed reserva […]
German interest rate could boost your fund market shares
2020 was quite a year, bringing huge challenges to the asset management industry, and beyond. Now, here we are in 2021 and optimism is in the air…especially for German investors! The story so far Back in 2018, the German Investment Tax Act (GITA) was completely revamped. It lightened the complex tax reporting that funds (and therefore asset managers) were en […]
