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Turkey Is Most Difficult Market for Regulatory Compliance

PYMNTS

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. Through a 70-question survey, TMF Group asked the accounting and tax professionals to assess their local regulatory climates. There are also an “extremely high number” of tax rules. Top Challenge Areas.

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Guest Post: Financial Markets and Economic Update - First Quarter 2024

Jeff For Banks

In the markets, we watched helplessly as real GDP plummeted -5% in 1Q20 and -31% in 2Q20 before rebounding by +33% in 3Q20. Interest rates fell to incredible lows, forced there by the Federal Reserve’s rate and bond buying policies. No one who lived through this will ever forget what this time was like. 4Q) is 3.40%. Yes, absolutely!

Marketing 146
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EU Eyes Single European Data Market

PYMNTS

In Europe, the continued evolution of data policies and regulation now point toward a single market across the Continent. As reported mid week, the European Commission is planning a single European market for data , in hopes that by pooling talent, the region can compete with Big Tech in Silicon Valley and China.

Data 130
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The effects of subsidised flood insurance on real estate markets

BankUnderground

It provides insurers with an option to pass the flood-risk element of their policies on to the reinsurer at a lower fixed price according to property council tax band. To gauge heterogeneous effects of the policy, we then estimate our regression in different subsamples. Flood Re is expected to be phased out in 2039.

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Travelstop Embraces Mobile-First Asia For Launch Of T&E App

PYMNTS

21) in Skift said Travelstop has entered seven new markets across Asia, expanding beyond its home market of Singapore. In addition to its expansion in Asia, Travelstop is launching an iPhone app in support of the high penetration rate of mobile devices in the region. Reports Monday (Jan. million, reports said.

Mobile 134
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Lending Is Failing To Live Up To 2018’s Great Expectations

PYMNTS

regional bank executives were gearing up for a bumper year, according to Bloomberg. Crediting lower taxes, thanks to the end of the year tax reform bill passed by Congress, regional bank executives saw a sudden and notable pick up in both commercial loan demand and a big jump in spending on credit and debit cards.

Lending 100
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CRE risk management: Navigating hazards and opportunities

Abrigo

Takeaway 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether. But understanding trends in their own portfolios and local markets can allow lenders to identify risk-appropriate CRE credits. The impact is not consistent.”