Let’s face it, the outlook isn’t pretty; it appears that a collective madness has descended upon governments around the world, with a growing belief that the cure is far worse than the virus itself. The significant economic costs being incurred will mean that for decades to come, Generations Y and Z will be paying the price of Generation X, thus bucking the historic trend for each generation to be wealthier than the previous one.
The Securities Services Advisory Group (TSSAG), headquartered in the UK, has been formed as a member-based trade association, effective August 2020. It is a network of independent firms around the world, distinguished in their areas of practice, deep knowledge and proven local and global expertise in the Securities Services Industry.
As I write this piece the world remains in as febrile a condition as I have ever seen it, with fires – literally – burning on multiple fronts in the West and East. Whilst we appear to be coming through the first stage of the medical (coronavirus) challenge, race issues have again risen to the fore in the US - replicated to a thankfully lesser extent in the UK - and tension is continuing to rise in Hong Kong given the inexorable encroachment of Chinese influence on the territory.
South Africa’s asset servicing industry has become an established market in the last 20 to 30 years, but industry experts say that there is still space to grow
Post Woodford both regulators and consumers are pushing for more clarity around the actions and behaviours of authorised corporate directors and the relationship between individual funds and fund platforms. The debate about the desirability and effectiveness of ACDs external to fund management companies (think Link and Woodword) compared to internal ACDs (think the majority of the fund industry in the UK) may have some way to run. As regards ACDs within fund management houses, the current mood music suggests that the concern and pressure for Chairs on fund boards to be Non-Executive is growing, in line with the fact that the PRA [...]
January 27th 2020 Press Release – for immediate release HornbyChapman has announced a joint venture with Adapa Advisory (Pty) Ltd in Africa to focus on senior-level recruitment to financial services companies. The venture will initially focus on South Africa and will be used as a base for demand in other markets in the region. Paul A. Chapman, Co-founder and Managing Director of HornbyChapman said “I have known Mark and the team for many years and believe combining our forces makes for a highly compelling proposition. We very much look forward to working together for the benefit of our mutual [...]
IR35 become an election battleground. Read more: https://www.theglobalrecruiter.com/?p=6434
I am by nature a ‘glass half full’ kind of person - a pragmatic optimist if you will. I hope and believe that Brexit will work out, but accept there are challenges. I hope and believe that the securities services industry will continue to evolve and survive, despite some significant threats. I hope and believe that we’ll never hear of or see The Gypsy Kings again, but that’s another matter… Read Full Article
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