The second EU Payment Services Directive (PSD2) builds on the first such Directive (PSD1) by providing for the further development of a better-integrated internal market for electronic payments across the EU.

PSD2 puts in place a comprehensive framework for payment services, with the objective of making payments within the EU more efficient and secure.

The Directive also aims to provide greater consumer protection by enhancing security measures for electronic payments. It seeks to open up payment markets to new entrants to encourage more competition.

The election of Donald Trump to a second term as US President has been cheered by financial markets and beneficiaries of Trump’s policy pronouncements. However, with plenty of uncertainty looming around policy implementation, the only things we can be reasonably certain of are deregulation and uncertainty itself.

The ever-evolving landscape of global compliance is characterized by a growing number of legal requirements, ethical standards, and international norms. In today’s interconnected world, businesses and organizations are expected not only to comply with the laws of their home countries, but also to adhere to a myriad of international regulations and standards. Compliance has transformed from being a mere business function to a strategic cornerstone, reflecting an organization’s commitment to lawful and ethical behavior.

https://www.intuition.com/navigating-global-compliance-key-trends-and-challenges/

In a world where regulations are increasingly stringent, and ethical expectations from stakeholders are high, fostering a culture of compliance within an organization is imperative. For managers, this means navigating a complex landscape of legal requirements, ethical dilemmas, and organizational dynamics.

https://www.intuition.com/strategic-approaches-to-fostering-a-culture-of-compliance/

Transparency International, a global movement working in more than 100 countries for greater integrity in public life, defines corruption as ”the abuse of entrusted power for private gain.” When individuals and organizations promote interests other than the ones they are entrusted to serve, the result is corruption. It occurs in both the public and private sector.

https://www.intuition.com/corruption-explained-different-forms-and-effects/

International crime has grown exponentially over the years and continues to be a primary focus of the international community. One of the greatest challenges facing criminals is concealing the sources of their ill-gotten gains. Criminals must conceal the origins of their funds because legislation exists worldwide to allow law enforcement agencies to confiscate the proceeds of crime.

https://www.intuition.com/money-laundering-explained/

Data protection is no longer a minor concern for businesses; it has emerged as a significant tenet of the digital economy. With the European Union’s introduction of the General Data Protection Regulation (GDPR), organizations around the globe have been compelled to reassess and enhance their data governance and privacy practices.

The relentless secular bull market in tech stocks has led to structurally high index concentration. While this is an age-old market phenomenon, it still poses a challenge for fund managers and index designers, particularly with passive investing having added fuel to the debate around index concentration.