Sloane Ortel publishes The Sloane Zone, an email newsletter that comes when you least expect it and makes more sense than it should. She joined CFA Institute's staff as a sophomore at Fordham University, and was instrumental to the global growth of Enterprising Investor as a collaborator, curator, and commentator over the subsequent eight years.
In Bangladesh, analysts contend with interest ranges instead of interest rates because of a well-intentioned savings program gone wrong. Sloane Ortel and Asif Khan, CFA, take a look at what's happened and what can change.
Euroclear will discuss with regulators about simplifying trading of its shares. CEO Lieve Mostrey says regulators' main concern is to ensure the move would not affect Euroclear's risk profile, given the company's systemic importance. Reuters (18 Feb.)
EU finance ministers have added four nations to a blacklist of tax havens: Palau, Panama, Seychelles and the Cayman Islands. European Parliament member Markus Ferber says the addition of the Cayman Islands, a UK territory, might serve as a warning to the UK, which reportedly is positioning itself as a low-tax jurisdiction after Brexit. Politico (18 Feb.)
European banks have a June 2021 deadline for switching to the standardized approach for counterparty credit risk, while US banks have a deadline of January 2022, though they can switch as early as April. The mismatch has EU banks calling for a change so both jurisdictions are aligned. Risk (subscription required) (18 Feb.)
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