It has been about seven months since the EU’s implementation of the Markets in Financial Instruments Directive (MiFID II) and some early results are starting to come in.
Regularly reviewing and analyzing situations that involve possible misconduct will help you keep standards of professional conduct well in mind as you conduct your own business.
Ethical dilemmas that involve people we have known for a long time professionally, personally, or both can be especially challenging to discern.
Efforts to improve financial literacy are critical. But how do we know if these efforts work? How can we gauge their effectiveness?
On 28 June 2018, the US Securities & Exchange Commission voted to adopt amendments to its rules and forms to require the use of the Inline eXtensible Business Reporting Language (XBRL) format for the submission of financial statement information of operating companies and mutual funds