IFRS 16 Lease Accounting Regulations Progress

IFRS 16 Lease Accounting Regulations Progress

With post-Brexit change and uncertainty dominating financial news cycles the ongoing review and amendments to IFRS 16 could have been at risk of being swamped by other financial news. However, the finance and leasing sectors continue to watch closely as the HMRC analyses the tax options for IFRS 16 and makes announcements prior to formal…

UK Parliament Calls For FCA To Lose Enforcement Power

UK Parliament Calls For FCA To Lose Enforcement Power

There are continued calls from MPs in the United Kingdom to reform the way that the banking system is regulated in the wake of the 2008 financial crisis. The latest development calls for the Financial Conduct Authority (FCA) to lose enforcement powers and be replaced by a new body. This was the recommendation of the…

Asset Finance Figures Surges In Q1 Amidst Uncertainty

Asset Finance Figures Surges In Q1 Amidst Uncertainty

In a year that will be influenced by economic and political uncertainty, there has been lots of speculation as to what impact this will have on the asset finance sector. In the last couple of months, the Finance and Leasing Association released figures that show that asset finance grew by 9% in February 2016 when…

The Circular Economy Opportunity – A Leasing Society
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The Circular Economy Opportunity – A Leasing Society

Globalisation and concerns about the efficiency of a traditional linear economy have led to the development of an alternative approach to resources. With efficiency, a key driver for CFOs in the finance and leasing industries could the adoption of the principles of a circular economy allow for a more sustainable and profitable approach to assets…

Digital Transformation Drives BPM Investment
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Digital Transformation Drives BPM Investment

Digital transformation and the changes in technology and consumer behaviours it is driving are having a fundamental impact on business processes. Digital transformation is disrupting industries across the global economy including the finance and leasing industry. This transformation is fuelling investment in innovation and Business Process Management (BPM) as organisations look to maintain competitive advantage…

Exploring The Concept Of The Connected Car
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Exploring The Concept Of The Connected Car

One of the most anticipated developments from the Internet of Things (IoT) rapid expansion is the concept of the “connected car”. Cars are already finely tuned pieces of digital technology. The average car already has the computing power of 20 personal computers and has over 100m lines of code processing 25GB of data an hour….

Three Areas Digital Consumer Behaviour Is Disrupting The Financial Sector
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Three Areas Digital Consumer Behaviour Is Disrupting The Financial Sector

The ability to access data faster and from anywhere in the world is empowering consumers to use technology to redefine the way they interact with the world. This technological innovation is fuelling disruption within the financial services industry as consumer’s expectations change and companies look to tailor their offerings to the digital economy. The potential…

How Finance CIOs Are Driving Digital Transformation
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How Finance CIOs Are Driving Digital Transformation

Advances in mobile connectivity and the technological advances this has enabled a digital transformation affecting the way consumers view the world and what they expect from the businesses that serve them. Consumers have been given access to instant information and the ability to control almost every aspect of their lives from their smartphone. Fueling demand…