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Things worth reading: 2nd June 2017

Chris Skinner

The race to become Islamic banking’s fintech hub The super-rich are different: they pay less tax. The post Things worth reading: 2nd June 2017 appeared first on Chris Skinner's blog.

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Tax Reform Not Enough To Convince Corporates To Spend, AFP Finds

PYMNTS

Tax reform played a key role for several corporate successes in the first quarter of 2018. “Together, these factors mean that companies could invest more funds, hire employees and generally spend on both their businesses and communities.” corporates both quarter over quarter and year over year for Q1 2017.

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The ICBA 22/23 executive committee is all in

Independent Banker

Executive committee members tell us what advocacy issues they’ll be focused on during their terms, while board members share their words of wisdom for up-and-coming community bankers: themselves. To sum it up, these leaders are all in and all heart for community banking. We are not Wall Street banks—we are community banks.

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Local Governments Move In On Retail Vacancies

PYMNTS

In addition, dynamic pop-up, cultural, artistic or community-oriented programming aligned with these goals will be encouraged to ensure that the space functions as a vibrant asset and experience for residents and visitors,” according to the statement. has hiked the normal commercial property tax rate on vacant property from between $1.65

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GonzoBanker Awards 2017

Gonzobanker

Heavy-handed regulators. Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. Malls, retail stores and even some bank branch closings proliferated in 2017.

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Beneficial Ownership: Is the U.S. Doing Enough to Pierce the Corporate Veil?

Abrigo

Key Takeaways The global AML community has long seen the U.S. The importance of FinCEN’s Customer Due Diligence (CDD) Rule , effective May of 2018, is evident, and regulator expectations are high. The CDD Rule amended the Bank Secrecy Act regulations to strengthen customer due diligence requirements for financial institutions.

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Shifting Payroll Rules Make Employee Data A Priority

PYMNTS

Analysis from Bloomberg BNA in its “ 2017 Outlook — International Payroll ” report released just before the new year suggests data protection has become a paramount concern for payroll managers. One of these regulations is the Privacy Shield agreement, which regulates how data is moved between the EU and U.S. In the U.K.,

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