Here are our hand-picked issues for you to know about in the world of global finance from the past week:
Happy Birthday SOX
Recently, CFO’s & Finance heads “celebrated” the 20th birthday of Sarbanes-Oxley (lovingly known as SOX).
As Finance heads have adapted to life with SOX, they’re seeing it more as a risk exercise vs a compliance issue.
BTW, if you need to brush up on your SOX regulations, go here.
Sad Face UK
The Bank of England raised rates by 50bps to 1.25%.
The UK is forecasted to enter into a recession in Q4 2022. =(
[via FX & Macro Weekly]
Just What Are Crypto Exchanges?
Just because they call themselves “Crypto Exchanges”, are they really exchanges?
Jared from Fintech & Finance, says “Nay” and explains what they really are.
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