The force of "Finance for Good and a Socio Economic Conscience Changing the World". At MFTSE Affairs S.A. our World of Change, World of Learning and World of Action aims to help bring this to the general public and the masses. Watch this space and join us going forward into 2016!
Let's Concentrate on the Positive and Not Just the Negaitive
The Top 6 Good-News Stories of 2015 Dec 18, 2015 From Bill Gates Notes: 1. Africa Went a Year Without Any Polio On July 24, Nigeria marked one full year without a single new case of locally acquired polio, the crippling and sometimes fatal disease. It is the last country in Africa to stop transmission of wild polio. This milestone represents a huge victory—one that some experts feared would never come.
UK Pensions
Following on from the recent pension freedoms introduced which mean that you are no longer obliged to buy an annuity for your complementary pension; the government have realised that many existing annuity holders feel left out. They therefore propose to create a secondary market so that you could sell your annuity back, probably to other institutions who may want to buy.
The OECD Global Forum on Transparency and Exchange of Information for Tax Purposes has awarded Luxembourg a “largely compliant” rating in its newly released report on compliance ratings on tax transparency.
Lausanne-based business school IMD’s second annual World Talent Report ranks Luxembourg as the leading country in the EU and third worldwide for developing, attracting and retaining talent to satisfy corporate needs.
A Big Win for Cheap, Clean Energy
Bill Gates was in Paris with many of the world leaders for the big announcement on energy and climate change. He found it deeply moving to be there just two weeks after the horrific attacks that took place on Friday 13 November 2015 but he was inspired by the way the French people persevered and continued with the summit despite the difficult circumstances.
This was a good start but should it take still another 2 years!! Having eneterd into force in 2007, the initial version of the Directive on Markets in Financial Instruments (MiFID 1) imposed special rules on investment, aimed to better protect investors and offer them more transparent information. The second draft of the Directive (MiFID 2), passed in 2014 but not to be implemented until 2017, aims to address areas that remain opaque. This review applies to all financial instruments. So the directive will revolutionise the whole value chain, including design and marketing.
