A little shy of two decades ago, prior to Compli-Serve SA’s official launch, I penned an article on how technology was impacting financial services and importantly, financial advice.
There are currently no fintech product and services-specific laws or regulatory bodies. However, certain fintech products and services may fall within the scope and ambit of general financial services regulatory frameworks and, thus, will be subject to the supervision of regulatory bodies charged with the monitoring of those frameworks.
Instruments & Investments
FOMO (or Fear Of Missing Out) is more than just a cute acronym when it comes to your investments. The impact of FOMO can be severe, primarily because it’s driven by an emotional response to feeling left out while everyone else is (seemingly) making huge returns.
Mergermarket, the leading provider of M&A data and intelligence, has published its 3Q19 report which revealed that the slowdown in dealmaking spread to the US market in 3Q19, causing global M&A to drop 11.4% year-to-date (YTD) on last year to USD 2.49tn (across 13,304 deals).
Money impacts just about every relationship we have. In a family setting, who pays which bill? Who takes on debt? With friends, who pays when you meet up? Do you lend friends money? And when it comes to partners, how does it work when one person makes more than another?