Economy
Interest rate hike unlikely tomorrow
Indications that South Africa’s economy remained weak at the start of the third quarter of this year make it unlikely that the South African Reserve Bank’s (SARB) monetary policy committee will hike interest rates tomorrow (Thursday, 20 Sep).
Financial Services
Demystifying Trusts
We are often asked about trusts, what their purpose is and how they function. A trust is essentially a contract between the Founder and the Trustees who undertake to manage the trust assets for the benefit of the beneficiaries.
Fintech
The World Federation of Exchanges responds to UK FCA consultation on global sandboxes to...
The World Federation of Exchanges (“The WFE”), the global industry group for exchanges and CCPs, has welcomed the UK Financial Conduct Authority’s initiative to consult the market on broadening the reach of its existing regulatory sandbox, and reiterated its support for a globally coherent approach to FinTech.
Instruments & Investments
Over or under? An examination of US equity valuation levels
There is a fair degree of scepticism regarding current market valuations in the United States (US) judging by commentary from prominent market watchers, asset managers and financial media outlets.
International
Large-in-Scale, dark volumes increase as buy-side firms focus on delivering best execution post-MiFID II
Liquidnet report reveals how MiFID II has impacted trading behavior in Europe to date and reviews the potential for further change given the rise in periodic auctions and SI volumes, contrary to the regulatory intention of increasing liquidity on lit markets.
Markets
Exchange Control: Recent amendments to the Currency and Exchanges Manual for Authorised Dealers
On 2 August 2018, FinSurv issued Exchange Control Circular No.12/2018 (Circular 12/2018) and on 20 August 2018, it issued Exchange Control Circular No.13/2018 (Circular 13/2018), setting out changes made to the Currency and Exchanges Manual for Authorised Dealers (Manual).
Personal Finance
Ensuring financial security in retirement
Somehow, though, long term financial thinking has to become an important part of our world if we are to secure the financial future of ourselves, our families, our communities and our country.