Podcasts about Financial Stability Board

Irene Rey, Associate Director, MPRP, ICMA, discusses AMIC's response to the Financial Stability Board's consultation report on addressing financial stability risks arising from leverage in Non-Bank Financial Intermediation.

Klaas Knot, president van De Nederlandsche Bank, waarschuwt bij het IMF dat de regels voor financiële instellingen niet te veel versoepeld moeten worden. Eerder wilden Amerikaanse toezichthouders juist strengere regels opstellen voor banken, maar werden die strenge regels toch weer afgezwakt na een succesvolle lobby van de financiële sector. Knot – ook voorzitter van de Financial Stability Board – ziet ook in Europa tekenen dat de financiële teugels worden gevierd. Zo riepen Frankrijk, Duitsland en Italië onlangs op om terughoudend te zijn met financiële regelgeving. Vrijwel de voltallige oppositie in de Tweede Kamer wil dat Nederland de ‘ereschuld' inlost en de Afghaanse beveiligers die ooit voor Nederland werkten, ophaalt uit Afghanistan. ‘Het zijn mensen die voor onze veiligheid, onze ambassade en onze militairen veilig hebben gehouden', zegt CDA-Kamerlid Derk Boswijk. Maar coalitiepartijen PVV, VVD, NSC en BBB vormen een gezamenlijk front tegen de komst van de beveiligers tijdens het debat dat vandaag in de Kamer gaat plaatsvinden. See omnystudio.com/listener for privacy information.

Klaas Knot, president van De Nederlandsche Bank, waarschuwt bij het IMF dat de regels voor financiële instellingen niet te veel versoepeld moeten worden. Eerder wilden Amerikaanse toezichthouders juist strengere regels opstellen voor banken, maar werden die strenge regels toch weer afgezwakt na een succesvolle lobby van de financiële sector. Knot – ook voorzitter van de Financial Stability Board – ziet ook in Europa tekenen dat de financiële teugels worden gevierd. Zo riepen Frankrijk, Duitsland en Italië onlangs op om terughoudend te zijn met financiële regelgeving.

Onze gast deze week is Petra Hielkema, Voorzitter van de European Insurance and Occupational Pensions Authority (EIOPA).    Petra heeft een Europese Master in Recht & Economie en een Master in Ruslandkunde. Ze begon haar carrière als Juridisch Assistent bij Pepper, Hamilton & Scheetz in Kazachstan, en werkte daarna als Senior Consultant bij PWC in Kazachstan. Vervolgens was ze Senior Expert bij het Secretariaat voor Buitenlandse Investeringen van de President van de Kirgizische Republiek. Na een jaar als zelfstandig consultant en vertaler, trad Petra in februari 2007 in dienst bij De Nederlandsche Bank (DNB) als beleidsadviseur. In 2013 werd ze benoemd tot Hoofd Verzekeringsbeleid en in 2015 tot Hoofd van het Expertisecentrum Fit & Proper, waar ze toezicht hield op bestuurders in de financiële sector. In februari 2017 werd ze Directeur Betalingsverkeer en Marktinfrastructuren bij DNB.  Voor haar benoeming als voorzitter van EIOPA bekleedde Petra de rol van plaatsvervangend lid van de Raad van Toezicht van EIOPA en was zij voorzitter van het EIOPA Beleidscomité. Petra heeft meerdere internationale nevenfuncties vervuld, waaronder lid van de Financial Stability Board, het Basel Committee on Banking Supervision BIS, en de ECB Market Infrastructure Board. Doordeweeks woont Petra in Frankfurt en reist de members states af.   Petra Hielkema is 51 jaar, getrouwd, heeft drie kinderen en woont in Arnhem.     *** Op de hoogte blijven van Leaders in Finance? Abonneer je dan op de nieuwsbrief.    ***  Leaders in Finance wordt mede mogelijk gemaakt door EY, MeDirect, RiskQuest, Kayak en Roland Berger.     ***  Vragen, suggesties of feedback? Graag! Via email: info@leadersinfinance.nl en check de website leadersinfinance.nl   *** Eerdere gasten bij de Leaders in Finance podcast waren onder andere: Klaas Knot (President DNB), Robert Swaak (CEO ABN AMRO), Frank Elderson (directie ECB), David Knibbe (CEO NN), Janine Vos (RvB Rabobank), Bianca Tetteroo (CEO Achmea), Jos Baeten (CEO ASR), Nadine Klokke (CEO Knab), Gita Salden (CEO BNG Bank),  Annerie Vreugdenhil (CIO ING), Karien van Gennip (CEO VGZ), Maarten Edixhoven (CEO Van Lanschot Kempen), Jeroen Rijpkema (CEO Triodos), Chantal Vergouw (CEO Interpolis), Geert Lippens (CEO BNP Paribas NL), Simone Huis in 't Veld (CEO Euronext), Nout Wellink (ex DNB), Onno Ruding (ex minister van financiën), Maurice Oostendorp en Martijn Gribnau (CEOs Volksbank), Yoram Schwarz (CEO Movir), Laura van Geest (Bestuursvoorzitter AFM) Katja Kok (CEO Van Lanschot CH), Ali Niknam (CEO bunq), Nick Bortot (CEO BUX), Petri Hofsté (Commissaris, o.a.  Rabobank en Achmea), Peter Paul de Vries (CEO Value8), Barbara Baarsma (CEO Rabo Carbon Bank), Jan van Rutte (Commissaris PGGM, BNG Bank, vml CFO ABN AMRO), Marguerite Soeteman-Reijnen (Chair Aon Holdings), Annemarie Jorritsma (o.a. Voorzitter NVP), Lidwin van Velden (CEO Waterschapsbank), Don Ginsel (CEO Holland Fintech), Jan-Willem van der Schoot (CEO Mastercard NL), Tjeerd Bosklopper (CEO NN NL), Joanne Kellermann (Chair PFZW), Steven Maijoor (Chair ESMA), Radboud Vlaar (CEO Finch Capital), Karin van Baardwijk (CEO Robeco) en Annette Mosman (CEO APG). --> tussen haakjes de functie ten tijde van het interview

Klaas Knot, Chair of the Financial Stability Board, President of De Nederlandsche Bank, and member of the ECB Governing Council, and Lesetja Kganyago, Governor of the South African Reserve Bank, discuss the challenges facing the international financial system at the ECB Forum on Central Banking in Sintra, Portugal. Published on 6 July 2024 and recorded on 3 July 2024. 2024 ECB Forum on Central Banking https://www.ecb.europa.eu/press/conferences/ecbforum/html/index.en.html The ECB Podcast: The road ahead: is there room for optimism? https://www.ecb.europa.eu/press/tvservices/podcast/html/ecb.pod240627_episode86.en.html The ECB Podcast: Financial Stability in a ChatGPT world https://www.ecb.europa.eu/press/tvservices/podcast/html/ecb.pod240517_episode84.en.html European Central Bank https://www.ecb.europa.eu/home/html/index.en.html European Banking Supervision https://www.bankingsupervision.europa.eu/home/html/index.en.html

Der Bundesrat hat am Mittwoch dargelegt, wie er die Banken und insbesondere die UBS künftig regulieren will. Das geht nicht nur die Schweiz etwas an. Denn die UBS zählt laut den Experten des «Financial Stability Board» zum kleinen Kreis der 29 global systemrelevanten Banken. SMI: -0.1%

Speaker: Elisa Cencig (Norges Bank Investment Management)Cambridge 3CL invites you to a seminar on the responsible investment strategies of Norges Bank Investment Management (NBIM), the entity responsible for managing Norway's government pension fund, valued at over 1 trillion US dollars. Operating in over 70 countries, NBIM is at the forefront of shaping sustainable and fair market practices globally. This session will delve into NBIM's role in policy-making and standard setting, highlighting its commitment to responsible stewardship.The focus will be on NBIM's active investment approach across various levels - from market-wide initiatives to individual company engagements. NBIM works to ensure long-term growth in its investments while minimizing environmental and societal harm, through direct company engagement, goal setting, and strategic voting at shareholder meetings. Key topics like climate change action, responsible AI practices, and CEO compensation will be discussed, showcasing NBIM's dedication to guiding global investments towards ethical and sustainable outcomes.Leading this session is Elisa Cencig, Senior ESG Policy Advisor at NBIM. Her expertise will provide a comprehensive view into how a major global investor like NBIM navigates the complexities of responsible investment.Biography: Elisa is Senior ESG Policy Advisor at Norges Bank Investment Management, where she is responsible for the fund's engagement with international organisations, standard-setters and policymakers on sustainability, responsible investment and corporate governance. Prior to that, she worked at the UK Financial Authority, first on EU Withdrawal Policy and Strategy and more recently leading the FCA's engagement at the Financial Stability Board. Earlier in her career, she worked at the Association of Financial Markets in Europe's Brussels office on prudential and resolution policy and advocacy. She is an alumna of the Sant'Anna School of Advanced Studies in Pisa (Italy) and the College of Europe (Belgium) and holds a PhD in Political Science from the London School of Economics.3CL runs the 3CL Travers Smith Lunchtime Seminar Series, featuring leading academics from the Faculty, and high-profile practitioners.For more information see the Centre for Corporate and Commercial Law website:http://www.3cl.law.cam.ac.uk/

Speaker: Elisa Cencig (Norges Bank Investment Management)Cambridge 3CL invites you to a seminar on the responsible investment strategies of Norges Bank Investment Management (NBIM), the entity responsible for managing Norway's government pension fund, valued at over 1 trillion US dollars. Operating in over 70 countries, NBIM is at the forefront of shaping sustainable and fair market practices globally. This session will delve into NBIM's role in policy-making and standard setting, highlighting its commitment to responsible stewardship.The focus will be on NBIM's active investment approach across various levels - from market-wide initiatives to individual company engagements. NBIM works to ensure long-term growth in its investments while minimizing environmental and societal harm, through direct company engagement, goal setting, and strategic voting at shareholder meetings. Key topics like climate change action, responsible AI practices, and CEO compensation will be discussed, showcasing NBIM's dedication to guiding global investments towards ethical and sustainable outcomes.Leading this session is Elisa Cencig, Senior ESG Policy Advisor at NBIM. Her expertise will provide a comprehensive view into how a major global investor like NBIM navigates the complexities of responsible investment.Biography: Elisa is Senior ESG Policy Advisor at Norges Bank Investment Management, where she is responsible for the fund's engagement with international organisations, standard-setters and policymakers on sustainability, responsible investment and corporate governance. Prior to that, she worked at the UK Financial Authority, first on EU Withdrawal Policy and Strategy and more recently leading the FCA's engagement at the Financial Stability Board. Earlier in her career, she worked at the Association of Financial Markets in Europe's Brussels office on prudential and resolution policy and advocacy. She is an alumna of the Sant'Anna School of Advanced Studies in Pisa (Italy) and the College of Europe (Belgium) and holds a PhD in Political Science from the London School of Economics.3CL runs the 3CL Travers Smith Lunchtime Seminar Series, featuring leading academics from the Faculty, and high-profile practitioners.For more information see the Centre for Corporate and Commercial Law website:http://www.3cl.law.cam.ac.uk/

Lecture summary: This lecture considers what Josef Kunz termed “swings of the pendulum” in international monetary and financial law and the formal and informal institutions in these related fields. International monetary law exploded in importance after the Second World War with the creation of the International Monetary Fund (IMF) and a global system of managed exchange rates. With the collapse of the Bretton Woods system in 1971 and a decline in capital controls, the IMF evolved from a dominant institution into a peer of central banks and private markets, providing surveillance of the “non-system” of floating exchange rates and assisting in responses to financial crises.By contrast, international financial law, which was of limited importance during the Bretton Woods era, has become a major soft law force in the global financial sector since the Basel Committee on Banking Supervision was created in 1974. The dichotomy between profit maximization and systemic risk at the core of global finance today is overseen and guided by the technocrats of the Basel Committee, the Financial Stability Board and other institutions of international financial law.Today, the pendulums of international monetary and financial law may be reversing again. Armed conflict, rising authoritarianism, growing fragmentation of the global financial system, and a revival of capital controls and other restrictions on capital flows could reinvigorate international monetary law and the IMF. This institution has reimagined itself multiple times already while staying true to its original mandate of safeguarding monetary stability.Michael Waibel is a professor of international law at the University of Vienna. His teaching and writing focus on international law, international economic law, sovereign debt and international dispute settlement. He received the Deák Prize of the American Society of International Law, the Book Prize of the European Society of International Law and a Leverhulme Prize for his research. He is Co-General Editor of the ICSID Reports (with Jorge Viñuales) and Co-Editor-in-Chief of the Journal of International Economic Law (with Kathleen Claussen and Sergio Puig).

Lecture summary: This lecture considers what Josef Kunz termed “swings of the pendulum” in international monetary and financial law and the formal and informal institutions in these related fields. International monetary law exploded in importance after the Second World War with the creation of the International Monetary Fund (IMF) and a global system of managed exchange rates. With the collapse of the Bretton Woods system in 1971 and a decline in capital controls, the IMF evolved from a dominant institution into a peer of central banks and private markets, providing surveillance of the “non-system” of floating exchange rates and assisting in responses to financial crises.By contrast, international financial law, which was of limited importance during the Bretton Woods era, has become a major soft law force in the global financial sector since the Basel Committee on Banking Supervision was created in 1974. The dichotomy between profit maximization and systemic risk at the core of global finance today is overseen and guided by the technocrats of the Basel Committee, the Financial Stability Board and other institutions of international financial law.Today, the pendulums of international monetary and financial law may be reversing again. Armed conflict, rising authoritarianism, growing fragmentation of the global financial system, and a revival of capital controls and other restrictions on capital flows could reinvigorate international monetary law and the IMF. This institution has reimagined itself multiple times already while staying true to its original mandate of safeguarding monetary stability.Michael Waibel is a professor of international law at the University of Vienna. His teaching and writing focus on international law, international economic law, sovereign debt and international dispute settlement. He received the Deák Prize of the American Society of International Law, the Book Prize of the European Society of International Law and a Leverhulme Prize for his research. He is Co-General Editor of the ICSID Reports (with Jorge Viñuales) and Co-Editor-in-Chief of the Journal of International Economic Law (with Kathleen Claussen and Sergio Puig).

Lecture summary: This lecture considers what Josef Kunz termed “swings of the pendulum” in international monetary and financial law and the formal and informal institutions in these related fields. International monetary law exploded in importance after the Second World War with the creation of the International Monetary Fund (IMF) and a global system of managed exchange rates. With the collapse of the Bretton Woods system in 1971 and a decline in capital controls, the IMF evolved from a dominant institution into a peer of central banks and private markets, providing surveillance of the “non-system” of floating exchange rates and assisting in responses to financial crises.By contrast, international financial law, which was of limited importance during the Bretton Woods era, has become a major soft law force in the global financial sector since the Basel Committee on Banking Supervision was created in 1974. The dichotomy between profit maximization and systemic risk at the core of global finance today is overseen and guided by the technocrats of the Basel Committee, the Financial Stability Board and other institutions of international financial law.Today, the pendulums of international monetary and financial law may be reversing again. Armed conflict, rising authoritarianism, growing fragmentation of the global financial system, and a revival of capital controls and other restrictions on capital flows could reinvigorate international monetary law and the IMF. This institution has reimagined itself multiple times already while staying true to its original mandate of safeguarding monetary stability.Michael Waibel is a professor of international law at the University of Vienna. His teaching and writing focus on international law, international economic law, sovereign debt and international dispute settlement. He received the Deák Prize of the American Society of International Law, the Book Prize of the European Society of International Law and a Leverhulme Prize for his research. He is Co-General Editor of the ICSID Reports (with Jorge Viñuales) and Co-Editor-in-Chief of the Journal of International Economic Law (with Kathleen Claussen and Sergio Puig).

Our expert hosts, Benjamin Ensor and Ross Gallagher, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week.  This week's guests include: Amelia Isaacs, Senior Reporter at AltFi Rachel Pandyan, Ventures Product Lead at 11:FS We cover the following stories from the fintech and financial services space: Revolut launch Mobile Wallets (03:40) The Financial Stability Board could recommend new measures to limit the impact of social media on bank runs (16:16) Italy's Objectway acquire Canadian wealthtech Newst Wealth (28:35) Moody's Analytics taps Numerated for automated loan process (34:45) Comic Relief extends partnership with GoCardless to accept donations year round (44:45) Apple Pay finally open up NFC chip access to third parties after EU investigation (45:52) A retired teacher has her pension halted as her provider refuses to believe she is not dead (47:52) --------------------------------------- Fintech Insider by 11:FS is a bi-weekly podcast dedicated to all things finance, banking, technology, and financial services.  Our expert hosts, with real industry experience, are joined by the biggest decision-makers, VCs, and reporters from across financial services including guests from Visa, Nubank, M-Pesa, AltFi, Starling, and JP Morgan Chase to discuss the latest news, developments, and trends within the industry. Our weekly news show drops every Monday and tackles the biggest news stories, from acquisitions and launches, to regulatory changes and innovation. Then, every Friday our Insights show dives deeper into the hottest topics shaping the industry like web3 and BNPL. Whether you're already immersed in the world of financial services, or just keen to learn more, this is the #1 podcast for you. If you enjoyed this episode, don't forget to **subscribe** and **please leave a review** Follow us on **Twitter**: @fintechinsiders where you can ask the hosts questions, or **email** podcasts@11fs.com!

The Inside Economics team revels in the great economic numbers of the past week. The economy not only avoided a recession in 2023, but it ended the year enjoying robust GDP growth and tame inflation. But there are threats at the start of the new year, including a potential seizing up of the all-important Treasury bond market. Samim Ghamami of the SEC joins the podcast to discuss this threat, its causes and implications, and potential reforms to ensure it doesn't upend financial markets and the economy.  Today's guest Samim Ghamami is currently an economist at the U.S. Securities and Exchange Commission, where he works with the SEC senior management on the reform of the US Treasury market and several other capital market initiatives. Ghamami is also a senior researcher and an adjunct professor of finance at New York University, a senior researcher at UC Berkeley Center for Risk Management Research and the Department of Economics, and a senior advisor at SOFR Academy. Ghamami has been a senior economist and a senior vice president at Goldman Sachs. He has been an adjunct associate professor of economics at Columbia University. Ghamami has also been an associate director and a senior economist at the U.S. Department of the Treasury, Office of Financial Research, and an economist at the Board of Governors of the Federal Reserve System.Ghamami's work has broadly focused on the interplay of finance and macroeconomics, and on financial economics and quantitative finance. His work on banking, asset management, risk management, economic policy, financial stability, financial regulation, and central clearing has been presented and discussed at central banks. He has been an advisor to the Bank for International Settlements and worked as an expert with the Financial Stability Board on post-financial crisis reforms in 2016 and 2017. Ghamami also served on the National Science Foundation panel on Financial Mathematics in 2017 and 2018. Ghamami received his Ph.D. in Mathematical Finance and Operations Research from USC in 2009. His publications have appeared in different journals including Management Science, Journal of Applied Probability, Mathematics of Operations Research, Journal of Financial Intermediation, Journal of Credit Risk, Journal of Derivatives, Quantitative Finance, and Journal of Risk. Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.

Messaging tools are much needed not just between individuals like you and me, but also between banks and financial institutions to support global and local financial flows, as well as trade and commerce all around the world.  Founded in 1973, our guest Swift is a global member-owned cooperative and also the world's leading provider of financial messaging services.  While it does not hold funds or manage accounts on behalf of customers, Swift enables its community of users to communicate securely and exchange standardised financial messages in a reliable way.  So far, its platform, products and services connect over 11,500 banking and securities organisations, market infrastructures and corporate customers in more than 200 countries and territories.  The cooperative reported that close to 90% (89%) of cross-border transactions processed on its network reached recipient banks within an hour, ahead of speed targets set out by the Financial Stability Board. How is that achieved and what does it mean for Swift looking ahead?  Meanwhile, Swift also developed a Central Bank Digital Currency solution that interlinks CBDC networks and existing payment systems for cross-border transactions. But what wider implications will this have on the financial industry? On Under the Radar, The Evening Runway's finance presenter Chua Tian Tian posed these questions to Sharon Toh, Head of ASEAN Region, Swift.See omnystudio.com/listener for privacy information.

Crypto regulation was a key agenda of the G20 summit. While regulations and a framework have yet to be finalized, consensus emerged that a blanket ban was not feasible. The joint declaration noted that the G20 will continue to “closely monitor the risks of the fast-paced developments in the cryptoasset ecosystem,” and the leaders endorsed the Financial Stability Board's (FSB's) “high-level recommendations for the regulation, supervision, and oversight of crypto-assets activities and markets and of global stablecoin arrangements.”The panel discussed:macro financial consequences,regulatory aspects,cross-border framework and cooperation; andsupervisory implications.Panelists:William C. Dudley, Chair, Bretton Woods Committee (BWC); Former President and CEO, Federal Reserve Bank of New YorkNezha Hayat, Chairperson and Chief Executive Officer, Moroccan Capital Market Authority (AMMC)Stefan Ingves, Chair, Toronto Centre; Former Governor, Sveriges Riksbank (Central Bank of Sweden)Olivier Fines, Head, Advocacy and Capital Markets Policy Research for EMEA, CFA InstituteModerator:Marina Moretti, Deputy Director, Monetary and Capital Markets, International Monetary Fund (IMF)Read the transcript here. Read their biographies here.

NOTE| This episode is longer than usual--> ‘Top of The Game (in) Overtime' are released occasionally. RANDY'S BIO Randy knows more about finance, banking, private equity, fintech, and economic policy than just about everyone in the world. This talk is a master class that touches on all of these subjects, especially the changing role of banks in the world economy and its intersection with technology..  He is a private equity investor and past practicing attorney who served as the first ever Vice Chair of the Federal Reserve for supervision from 2017 to 2021 under Presidents Trump and Biden. Randy also concurrently served as the chair of the Financial Stability Board from 2018 to 2021.  He has held several consequential financial policy posts over his career, including during the George W. Bush administration when he ultimately served as Under Secretary of the Treasury for Domestic Finance. After leaving the Bush administration, he became the founder and head of The Cynosure Group, a private investment firm, preceded by being a managing director of The Carlyle Group, one of the world's largest private equity firms.  Since the early 2010's he has been widely mentioned as a possible Treasury Secretary or senior White House adviser in Republican administrations. His extensive financial policy experience started in the early 1990's serving as Deputy Assistant Secretary for Financial Institutions Policy during the George H.W. Bush administration under the thenSecretary of Treasury, Nicholas Brady. Early in his career and after receiving his law degree from Yale, Quarles worked Wall Street law firm of Davis Polk & Wardwell where he specialized in financial institutions law, eventually becoming co-head of the firm's Financial Institutions Group and advising on transactions that included a number of the largest financial sector mergers ever completed. “Dodd-Frank's intent was not to avoid bank failures, it was designed so that any bank could fail and not become systemic... we tested this earlier this year.”  EPISODE OUTLINE (0:00) - Intro (0:38) - Background (01:36) - The early years (02:47) - Lessons that stick; young lawyer sticking to his guns, difficult, scary (06:42) - Financial policy at the highest level; conviction, seeking input, synthesizing  (09:11) - Top bank supervisor in America; tradeoffs--> tech, safety, the real economy (13:30) - Bank failures in 2023; safeguards, speed, liquidity--> $140 billion

Yves Mersch, a former governor of the Central Bank of Luxembourg and member of the executive board of the European Central Bank (ECB), recently shared his valuable insights on the world of cryptocurrency, its regulation, and the distinct significance of Bitcoin SV. In a candid conversation with Charles Miller on CoinGeek Conversations, Yves provided clarity on these complex topics in a straightforward yet insightful manner. The Role of Central BanksYves began by emphasizing the important role of central banks in safeguarding a nation's currency. He stated, "as a regulator, the ECB has a mandate to defend a currency which is supposed to be stable." Central banks like the ECB are entrusted with the responsibility of ensuring the stability of their respective currencies and facilitating secure and efficient payment systems. Embracing Technological InnovationIn the realm of financial innovation, Yves highlighted the positive stance of central banks. He explained, "the ECB has always considered innovation in the financial area as something positive because the ECB is supposed to work in a functioning market economy." The pursuit of technological advancement to enhance competitiveness and support economic growth has been a consistent focus for central banks. Balancing Innovation and RiskYves pointed out that any financial innovation, including cryptocurrencies, is subject to careful scrutiny. "ECB has all the ways to analyze what are the potential benefits for society at large and for the institution, and what are the risks that come with these benefits." Central banks must assess the potential benefits to society and the institution against the associated risks. Unique Risks in the Crypto WorldYves noted the distinctive risks posed by the crypto world. He stated, "you rely on the technology which is highly decentralized and where you have risks which are also risks that you find in the traditional financial world." Additionally, the crypto world introduces governance risks due to its lack of a clear liability structure. These governance issues add to the traditional financial risks inherent in any financial instrument. Challenges in Global RegulationAddressing the subject of global cryptocurrency regulation, Yves acknowledged the problems, saying, "unfortunately, this is very difficult." He explained that international bodies like the Financial Stability Board, G20, and others issue recommendations rather than binding regulations. Jurisdictions are encouraged to implement these recommendations in their national legislation but achieving a universal, comprehensive regulatory framework remains challenging. Systemic Risks Posed by Tech CompaniesYves delved into the potential risks of major tech companies launching successful cryptocurrencies. He noted that these entities, due to their substantial customer bases, could influence monetary policy through their stablecoins. "That could distort the monetary policy transmission mechanism," Yves cautioned. Without direct access to central banks, these companies would rely on intermediaries for liquidity, potentially disrupting monetary transmission. Role of CBDCsThe topic of Central Bank Digital Currencies (CBDCs) also came up in the conversation. Yves clarified that CBDCs are designed to complement existing financial instruments rather than replace them. They aim to provide central banks with a digital presence while retaining the fundamental attributes of cash in a digital form. The Bitcoin SV DistinctionIn the midst of this insightful conversation, Bitcoin SV emerged as a prominent player. Yves Mersch's perspective sheds light on the unique attributes that make Bitcoin SV stand out in the ever-expanding world of cryptoc

Die Schweizer Regierung will auf Anraten eines internationalen Gremiums ein permanentes Auffangnetz spannen für die Banken – im Jargon bekannt als Public Liquidity Backstop. In der Schweizer Politik kommt die Idee einer staatlichen Liquiditätssicherung für die Banken nicht gut an. | Was will der Bundesrat genau? Was spricht für den Public Liquidity Backstop – und was dagegen? Und wie hängt der Vorschlag des Bundesrats zusammen mit den Eigenkapitalvorschriften der Banken? | Stichworte: Public Liquidity Backstop, PLB, staatliche Liquiditätssicherung, Banken, Bankenregulierung, Credit Suisse, UBS, Eigenkapital, Bundesrat, Financial Stability Board.

Een wereldwijd cryptoverbod gaat er niet komen. Tenminste, als het aan het Internationaal Monetair Fonds en de Financial Stability Board ligt. De twee organisaties schrijven dat in een nieuw rapport ter gelegenheid van de G20-top in India. Uiteraard pleiten zij wel voor andere regelgeving. En met de AI-hype in de reguliere techwereld kwamen natuurlijk ook allerlei AI-munten op. Hoe hebben die het dit jaar gedaan?  Gasten Sebastiaan van Erne Daniël Mol Links Crypto verbieden werkt niet, zeggen IMF en FSB India denkt na over cryptoregels AI-munten doen het slecht Host Herbert Blankesteijn Redactie Daniël MolSee omnystudio.com/listener for privacy information.

Het parlementaire jaar is officieel begonnen. Na een lang zomerreces kan de Tweede Kamer direct aan de bak. Het parlement moet deze week bespreken waarmee het demissionaire kabinet wel of niet verder kan. We blikken vooruit op het nieuwe politieke jaar met politiek verslaggever Leendert Beekman, ondertussen is collega Mats Akkerman bij VOLT, dat vandaag zijn conceptverkiezingsprogramma presenteert.  Ander nieuws uit The Daily Move: Big Bazar krijgt opnieuw extra tijd om met schuldeisers tot een akkoord te komen. De koopjesketen rekende zelf op een faillissement. Maar de ondernemingsraad kwam vanochtend op de valreep met een nieuw idee om de keten te redden. De G20-landen moeten alert zijn op problemen bij het aflossen van leningen, vindt DNB-president Klaas Knot. Hij schrijft dat in een brief aan de leiders van de G20-landen, in zijn hoedanigheid als voorzitter van de Financial Stability Board. De stijgende rentes en zwakkere groei van de wereldeconomie zorgen namelijk voor een uitdagend economisch klimaat. Kim Jong Un gaat later deze maand naar Rusland, om te praten met Poetin. Noord-Korea gaat waarschijnlijk wapens sturen naar Rusland, maar hoogleraar Koreastudies Remco Breuker van de Universiteit Leiden verwacht dat het land ook militairen gaat leveren.  See omnystudio.com/listener for privacy information.

Beth Haddock and Lewis Cohen are Co-Chairs of the Web3 Subcommittee of the City Bar Task Force on Digital Technologies, and they're experts in the world of Web3, decentralized finance (DeFi), blockchain and cryptocurrency technologies. They helped us understand how the world of decentralized technologies is taking shape, what problems are being discussed and discovered by innovators, and where we stand to benefit from future breakthroughs. Tune in to hear about: • Takeaways for lawyers from two recent, major reports of the international Financial Stability Board. What lawyers could use in their practice and what they should think about when they think of developments in Web3. • What is DeFi (decentralized finance) and what are DAOs (decentralized autonomous organizations)? How do we know when a project truly fits into these spaces? • What are the incentives and differences between traditional finance and decentralized finance? • What are the potential benefits of decentralized finance? • What are reliable and reputable resources for people who want to learn more about decentralized finance? Resources FSB Report - https://bityl.co/KOlC US Treasury illicit finance report - https://bityl.co/KOlA DeFi Alliance - https://bityl.co/KOl9 DeFi Education Fund - https://bityl.co/KOl8 Ethereum Foundation - https://bityl.co/KOl7 Vitalik Buterin blog - https://bityl.co/KOl5 Beth and Lewis' Twitters - @HaddockBeth; @NYcryptolawyer

Episode 8: Crypto Facto with Josh Klayman In this episode of Crypto Facto with Josh Klayman, Signum Growth CEO and Founder Angela Dalton returns for a discussion of the Financial Stability Board's latest crypto report, a new digital asset market structure bill, litigation over AI IP rights, the changing tide for NFTs in video games, and an NFT with the potential gamify your life. Listen to Josh's and Angela's hot takes now. To listen to all episodes in this series, visit our Crypto Facto webpage.

Episode 8: Crypto Facto with Josh Klayman In this episode of Crypto Facto with Josh Klayman, Signum Growth CEO and Founder Angela Dalton returns for a discussion of the Financial Stability Board's latest crypto report, a new digital asset market structure bill, litigation over AI IP rights, the changing tide for NFTs in video games, and an NFT with the potential gamify your life. Listen to Josh's and Angela's hot takes now. To listen to all episodes in this series, visit our Crypto Facto webpage.

Stocks continued their recent upswing as investors absorbed a stream of quarterly earnings. The rally in part reflected a positive response to earnings reports from big banks like Bank of America (BAC) and Morgan Stanley (MS). A certain “euphoria” also gripped the markets as fears of recession and inflation eased. Is this positive momentum overblown? “You have to wonder if this euphoria is enough to carry the markets when the earnings are no longer there,” says veteran bank analyst, DICK BOVE. “Because the biggest problem for the banks is the fixed loans they own.” BOVE adds that pundits and some investors are missing the bigger picture on the economy and the banks. This includes the underlying reality of JP Morgan's reported record profit and its earnings per share (EPS) buoyed by its recent acquisition of First Republic Bank's assets in a government-sponsored deal. “We're not out of the banking crisis,” says BOVE, chief financial strategist at ODEON CAPITAL GROUP.  “The big banks have lost profits.” Despite Treasury Secretary, JANET YELLEN, tamping down worries of an imminent recession—and economists dialing back the risks of a slowdown—the US and global economy may have entered its most uncertain phase in months. MAT VAN ALSTYNE, ODEON co-founder and managing partner, says many are ignoring an important indicator. That's the government bond market, which is signaling recession, he says. Moreover, US tax receipts are down, 20 percent year-on-year, another negative recessionary indicator. Piling on the debt burden, JOHN AIDAN BYRNE, notes the US national debt has soared by $1 trillion since  the debt ceiling was lifted, much of that reflecting a catch up on stalled payments during the debt ceiling standoff. Still, total outstanding public debt has now reached $32.5 trillion. Elsewhere, the CONVERSATION examines the rise of “non-bank” lenders, a sector competing with traditional banks that includes  some pension funds, insurers, mutual funds, hedge funds and other institutions. According to the Financial Stability Board, these “non-banks” had $239 trillion on their books in 2021. “The risk of loan losses in this sector if staggering,” according to BOVE. Meanwhile, a surge in home equity lending is coming, says BOVE, as US homeowners tapped into the rising equity in their homes. Watch the ODEON CAPITAL CONVERSATIONS Live Webinar Thursday, July 27, 11:00AM ET, hosted by Geeks Geezers & Googlization on LinkedIn and YouTube. Questions & More Information: Podcast@OdeonCap.com     

Australia's proposed climate disclosure law   The Australian government has proposed a new law to enhance climate-related financial disclosures from companies and other entities operating in the country. Drawing from the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), the proposed legislation intends to provide investors and stakeholders with reliable information about the financial risks and opportunities associated with climate change. It is part of the government's broader efforts to address climate change, foster sustainable economic growth, and safeguard the interests of investors and the broader financial system. The law will likely apply to larger entities, including listed companies, banks, insurers, and superannuation funds, but would also impact smaller companies over three years.  Key features of the reporting requirements: Precise climate-related financial disclosures in annual reports.Information on the financial impact of climate-related risks and opportunities on business activities.Disclosure of relevant metrics and targets related to climate-related risks. Entities are encouraged to conduct scenario analyses to assess the potential financial impacts of various climate change scenarios. Companies must also disclose information about governance processes, controls, and procedures for managing climate-related risks and opportunities. External assurance of climate-related financial disclosures is also on the table and would enhance credibility and reliability.  The Australian government plans to phase the proposed law to allow entities time to meet the new requirements. Still, the writing is on the wall: Australia acknowledges the need for globally consistent climate-related financial disclosures. The law aims to promote cross-border consistency and reduce regulatory fragmentation by considering global reporting standards like those developed by the International Sustainability Standards Board (ISSB). ISSB 's new sustainability disclosure standards  The International Sustainability Standards Board (ISSB) has introduced two new disclosure standards, IFRS S1, and IFRS S2. The two finalized standards aim to establish a global benchmark for sustainability-related disclosures for capital markets.  IFRS S1 (General Requirements for Disclosure of Sustainability-related Financial Information) centers around disclosing sustainability-related risks and opportunities across the short-, medium-, and long-term to facilitate better investor decision-making. Conversely, IFRS S2 (Climate-related Disclosures) details specific climate-related disclosures and is meant to work in tandem with IFRS S1. Both standards draw from the Task Force on Climate-related Financial Disclosures (TCFD) recommendations and aim to improve the quality of information available to investors and are supported by various global stakeholders, including investors, companies, policymakers, regulators, and international organizations like the IOSCO, the Financial Stability Board, G20, and G7 Leaders. In addition to TCFD recommendations, the ISSB's standards strive to unify and build upon existing sustainability disclosure initiatives like SASB Standards, CDSB Framework, Integrated Reporting Framework, and World Economic Forum metrics. The unification is a boon for companies already leveraging previous sustainability reporting investments because it helps tone down the complexity of multiple reporting frameworks.  In short, these new disclosure standards promote global compatibility for financial markets. Both IFRS S1 and IFRS S2 will become effective for annual reporting periods beginning on or after January 1, 2024.

Lawyer.com Launches Million Dollar AI Challenge to Expand Legal Access.Date: 01 Jun 2023Source: AiThority.com Legal tech firm Casepoint investigates breach after hackers claim theft of government dataDate: 01 Jun 2023Source: Yahoo! News UK and Ireland How Legal Teams Are Deploying AI in Their Contract Management ProcessesDate: 01 Jun 2023Source: LexBlog Beyond the Case Files: Key Areas to Focus on for Law Office Management SuccessDate: 01 Jun 2023Source: News Anyway AI in Legal Research: Navigating Challenges and Embracing OpportunitiesDate: 31 May 2023Source: Seyfarth Shaw The Computer and Internet LawyerDate: 01 Jun 2023Source: Arnold & Porter AI in Law: Don't Blame the Technology for Bad LawyeringDate: 01 Jun 2023Source: Real Lawyers Have Blogs Federal regulators fine Amazon $25 million over child privacy issuesDate: 31 May 2023Source: News Archives - Lewiston Sun Journal Kewei adds top TMT partner Justina Zhang to China joint operation with Herbert Smith Freehills 顶级科技媒体与电信行业律师张卫华加入科伟律师事务所与史密夫斐尔联营办公室Date: 30 May 2023Source: Herbert Smith LLP Robby H. Birnbaum of Greenspoon Marder LLP Receives Robert Linderman Debt Resolution Service Award at AFCC 2023 Spring ConferenceDate: 31 May 2023Source: JDJournal Federal judge: No AI in my courtroom unless a human verifies its accuracyDate: 31 May 2023Source: ArsTechnica Some Law Schools Already Are Using ChatGPT To Teach Legal Research And WritingDate: 31 May 2023Source: TaxProf Blog TechBuzz News: Filevine Unveils AI FieldsDate: 31 May 2023Source: Bollyinside The Value of Law Firm Technology Directors with Sam McAllisterDate: 31 May 2023Source: Law Street Media On LawNext: Live from the CLOC Global Institute: Interviews with 22 of the Legal Tech ExhibitorsDate: 31 May 2023Source: LawSites Harnessing Document Automation for Small Law FirmsDate: 31 May 2023Source: XpressDox Association of Corporate Counsel and Exterro Report Shows Legal Technology Is a Must-Have for In-House Legal DepartmentsDate: 31 May 2023Source: InvestorsObserver 5 Key Takeaways from the 2023 ACC Legal Technology Report Created on May 30, 2023 BY Tim RollinsDate: 31 May 2023Source: Exterro Hogan Lovells launches cross-practice, cross-sector Global AI Trends Guide for 2023Date: 31 May 2023Source: Hogan Lovells Former Reynen Court President Launches Governance Platform for Law Firms to Safely Explore Generative AIDate: 31 May 2023Source: LawSites Law Firm Employees Allegedly Misbehaving Make HeadlinesDate: 31 May 2023Source: Slaw NFT, Metaverse and Corporate Law; the chaos explainedDate: 01 Jun 2023Source: Legaltech on Medium AI & Law: Legal Proximate Cause Upset Via AIDate: 01 Jun 2023Source: Legaltech on Medium Five Ways to Use ChatGPT for Investigations and EdiscoveryDate: 31 May 2023Source: Legaltech on Medium The Revised Colorado AI Insurance Regulations: What Was Fixed, and What Still May Need FixingDate: 31 May 2023Source: Debevoise Data Blog Lessons from The Financial Stability Board's Report on Cyber Incident ReportingDate: 31 May 2023Source: Debevoise Data Blog Women in eDiscovery expands leadership teamDate: 31 May 2023Source: Legal Technology News - Legal IT Professionals | Everything legal technology On the Perils of Hasty DraftingDate: 31 May 2023Source: Legal Planet Nine States Now Have Privacy LawsDate: 31 May 2023Source: Sensei Enterprises, Inc. Streamlining In-House Legal Intake Process: Four Essential Features for SuccessDate: 30 May 2023Source: MatterSuite By CaseFox Using language models in legal higher educationDate: 31 May 2023Source: TechnoLlama

A strong role for private financing through deep and liquid capital markets will be essential for meeting the EU's economic and social policy objectives. In his address to the IIEA, John Berrigan, Director-General for Financial Stability, Financial Services and Capital Markets Union at the European Commission, outlines the importance of moving ahead on the Capital Markets Union (CMU) and assesses the state of play of the implementation of the CMU Action Plan. Mr Berrigan also discusses associated opportunities and challenges during the remainder of the von der Leyen Commission's term. About the Speaker: John Berrigan is the Director-General in DG FISMA (Directorate-General for Financial Stability, Financial Services and Capital Markets Union) of the European Commission. DG FISMA is responsible for EU-level policy making and legislative initiatives with respect to the financial sector, including Banking Union, Capital Markets Union, sustainable finance, digital finance, anti-money laundering, and sanctions. In this context, John represents the European Commission on the Economic and Financial Committee and the Financial Services Committee, which each report to EU Finance Ministers. John also represents the Commission on the Financial Stability Board, which reports to G20 Finance Ministers. He attends the European Systemic Risk Board and is a permanent observer on the Single Resolution Board.

Hello, and welcome to episode 54 of the Financial Crime Weekly Podcast, I'm your host, Chris Kirkbride. It's been another bumper week for financial crime this week, so my hopes that there would be an ease down in work were short-lived. Lots of news on everything, except for sanctions, with a round-up of cyber-attack news at the end. These are the links to the principal documents mentioned in the podcast: Cooley, Treasury Department Releases Report on Money Laundering Risks, Decentralized Finance.Council of the European Union, Russia's war of aggression against Ukraine: Wagner Group and RIA FAN added to the EU's sanctions list.European Parliament (Committee on Economic and Monetary Affairs, Civil Liberties, Justice and Home Affairs), REPORT on the proposal for a regulation of the European Parliament and of the Council establishing the Authority for Anti-Money Laundering and Countering the Financing of Terrorism and amending Regulations (EU) No 1093/2010, (EU) 1094/2010, (EU) 1095/2010.Financial Stability Board, Recommendations to Achieve Greater Convergence in Cyber Incident Reporting: Final Report.International Monetary Fund, IMF Executive Board Concludes Review of the Implementation of the Framework for Enhanced Engagement on Governance (press release).International Monetary Fund, Review of Implementation of The 2018 Framework for Enhanced Fund Engagement on Governance.International Monetary Fund, Review of 1997 Guidance Note on Governance - A Proposed Framework for Enhanced Fund Engagement.International Monetary Fund, Good Governance: The IMF's Role.Solicitors' Regulation Authority, Goad & Butcher.UK Department for Work and Pensions, Guidance: Changes in the fraud and error in the benefit system: financial year 2022 to 2023 estimates.UK Financial Conduct Authority, TSB fined £48.65m for operational resilience failings (press notice).UK Financial Conduct Authority, TSB Bank plc (Final Notice).UK Foreign, Commonwealth & Development Office, UK sanctions Abramovich and Usmanov's financial fixers in crackdown on oligarch enablers.UK Government, Policy paper Factsheet: failure to prevent fraud offence.UK Home Office, New crackdown on fraud introduced by the Home Office (press release).UK National Crime Agency, Former Cambridge don who defrauded Government energy grants repays more that £1m.UK Office of Financial Sanctions Implementation, Financial Sanctions Notice: Russia (12/04/2023).UK Office of Financial Sanctions Implementation, Financial Sanctions Notice: Russia (13/04/2023).UK Office of Financial Sanctions Implementation, Financial sanctions targets: list of all asset freeze targets (updated).UK Prudential Regulation Authority, PRA fines the former Chief Information Officer of TSB Bank plc for a breach of the PRA's Senior Manager Conduct Rules (press release).UK Prudential Regulation Authority, Carlos Abarca (Final Notice).UK Prudential Regulation Authority, TSB fined £48.65m for operational resilience failings (press release).UK Prudential Regulation Authority, TSB Bank plc (Final Notice).Ukraine Ministry of Defence, The composition of the Public Anticorruption Committee under the Ministry of Defense has been approved.US Department of Justice, Former Executives of Outcome Health Convicted in $1B Corporate Fraud Scheme.US Department of Justice, Restaurateur Sentenced To 57 Months In Prison For Over $6 Million Pandemic Loan Fraud And Interstate Threats.US Department of Justice, All defendants plead guilty in drug trafficking, COVID fraud operation tied to Savannah strip clubs.US Department of Justice, Former Investment Banker and Registered Broker Arrested for Operating Cryptocurrency Investment Fraud Scheme.US Department of Justice, Former Puerto Rico Mayor Pleads Guilty to Bribery Scheme.US Department of Justice, Man Sentenced for Bribery Schemes Involving Millions of Dollars in U.S.-Funded Military Contracts and Visa Fraud.US Department of Justice, Sophisticated Sinaloa Cartel Money Laundering Organization Dismantled.US Department of Justice, U.S. Attorney Announces Charges Against Leadership Of The Sinaloa Cartel And 25 Other Defendants In Massive Fentanyl Importation And Trafficking Conspiracies.US Department of Justice, Justice Department Announces Total Distribution of Over $6B to Victims of State Sponsored Terrorism.US Department of Justice, Readout of U.S. Attorney General Merrick B. Garland's Meeting with Singapore Attorney General Lucien Wong.US Department of the Treasury, Treasury Releases 2023 DeFi Illicit Finance Risk Assessment (press release).US Department of the Treasury, Illicit Finance Risk Assessment of Decentralized Finance (report).US Department of the Treasury Office of Foreign Assets Control, Treasury Targets Russian Financial Facilitators and Sanctions Evaders Around the World.

What's the difference between a financial advisor and a financial planner? How do you know if you can trust the person selling you life insurance? My guest this week is answering these questions and so much more! Joining me today is Huston Loke, the Executive Vice President of Market Conduct at the Financial Services Regulatory Authority of Ontario (FSRA). Huston Loke, along with FSRA, aims to help protect consumers getting a mortgage, buying life insurance, and working with financial professionals. The Financial Services Regulatory Authority of Ontario (FSRA) was launched in 2019 but has already made significant progress in helping protect consumers seeking financial advice and services. Huston has previously served as a committee member of the Financial Stability Board and an advisor to the CEO of the Canada Mortgage and Housing Corporation (CMHC), and as the Director of Corporate Finance at the Ontario Securities Commission (OSC). In this episode, Huston shares what exactly FSRA is doing to help protect consumers in Ontario and the red flags to look out for when seeking financial services. Additionally, he also explains the difference in financial titles and services that tend to confuse most consumers. For full episode show notes visit: https://jessicamoorhouse.com/361

Lewis McLellan, editor of OMFIF's Digital Monetary Institute, joined Victoria Cumings, chief legal and regulatory officer at RTGS.global, at the DMI Symposium to discuss how the Financial Stability Board's roadmap for enhancing cross-border payments is driving change in the payments ecosystem. They discussed public and private sector efforts to transform international payments and delved into how new thinking and approaches can contribute towards industry improvements.

Mark Carney is one of the towering figures of climate finance. In 2020 Mark became the UN Special Envoy on Climate Action and Finance, and the adviser to the UK on finance for COP 26. At COP26, in Glasgow, he launched GFANZ - the Glasgow Financial Alliance for Net Zero, whose members manage $130 trillion of financial assets and have pledged to invest them in line with the Paris agreements. Mark co-chairs GFANZ together with Mike Bloomberg.Mark is a Vice Chair and Head of Transition Investing at Brookfield Asset Management and Board Member of Stripe.He was the governor of Bank of Canada from 2008 to 2013, and then Governor of the Bank of England from 2013 until 2020. He was the chair of the Financial Stability Board (2011-2018) founding co-chair of TCFD - the Task Force on Climate-Related Financial Disclosure.Mark holds a bachelor's degree with high honours in economics from Harvard University and MPhil and DPhil in Economics from the University of Oxford.

The Herle Burly was created by Air Quotes Media with support from our presenting sponsor TELUS, as well as CN Rail.I'd like to welcome Carolyn Wilkins to the podcast. Carolyn is currently an external member of the Financial Policy Committee of The Bank of England, appointed in June 2021. She is a Senior Research Scholar at Princeton University's Griswold Centre for Economic Policy, and on the Board of Directors at Intact Financial Corporation. Prior to these appointments, most of you will know Carolyn from her distinguished 20-year career at The Bank of Canada, serving as Senior Deputy Governor, the Bank's G20 and G7 Deputy, and member of the Financial Stability Board.Now, I just want to caveat that Carolyn is speaking with us in her personal capacity today, NOT on behalf of The Bank of England.We're going dive into a few timely topics:Financial Sanctions ... what are they? How powerful a tool are they? And how the hell do they work?They don't call it “crypto” for nothing. So we'll spend some time demystifying cryptocurrency.Thank you for joining us on #TheHerleBurly podcast. Please take a moment to give us a rating and review on iTunes, Spotify, Stitcher, Google Podcasts or your favourite podcast app.Watch conversations from The Herle Burly on YouTube. 

In this episode of the Monday Mess Haul (MMH), FischerJordan team members get into sports and cars (just not sports cars). Some of our questions for each other:  Does NBCUniversal's promotional partnership with TikTok for the Winter Olympics indicate a broader trend for sports viewership, or was this a more concentrated attempt to boost lagging viewership for the Olympics?  Why might the Olympics have struggled recently to acquire and retain viewers? Is there a large enough market for "electrifying" luxury cars that companies like Lunaz might see more competition?  Is pushback for crypto from entities like the Financial Stability Board just par for the course with anything that threatens the status quo? The Mess Haul features a more free-form conversational approach with multiple participants than our more interview-focused style. This format is designed to generate quick takes on a handful of recent topics, facilitating shorter, more opinionated discussion with a number of different perspectives. Each episode of The Mess Haul is recorded, edited, and released in the same day.  Today's guests: Kshitish Nanda, Boaz Salik  +++ FischerJordan is a New York-based consulting, thought-leadership, and outsourcing firm helping business leaders exchange complexity for clarity. We use rigorous data analytics, specialized staffing, and custom technology solutions to deliver workable strategies for clients in financial services and healthcare.   Background articles for this episode:  Morning Brew - "Can TikTok Save the Olympics?" Forbes - "Electrifying Classic Cars is a Surging Business - with a Two Year Wait List" CNN - "How cryptocurrencies could trigger a financial crisis"

Today Andy Silvester takes us through the headlines: there's news about Indivior; the Financial Stability Board has issued a warning about crypto; and Heineken is raising prices to limit increasing costs. Andy also chats to City A.M.'s Sascha O'Sullivan and Jack Barnett about the latest ONS inflation numbers, the cost of living, and Boris Johnson. See omnystudio.com/listener for privacy information.

Randal Quarles, former member of the board of governors of the Federal Reserve System, joins Mark Sobel, US chair, OMFIF, for a broad discussion on the outlook of the Federal Reserve. Their discussion will take in everything from the economic outlook, financial stability to Randal's reflections on his time at the Fed and as Chair of the Financial Stability Board. 

Mark Carney is Vice Chair of Brookfield Asset Management and Head of Transition Investing. Prior to Brookfield, Mark served as the Governor of the Bank of England from 2013 to 2020, and prior to that as Governor of the Bank of Canada from 2008 until 2013. Mark was also Chairman of the Financial Stability Board from 2011 to 2018. Mark is a long-time and well-known advocate for sustainability and is currently the United Nations Special Envoy for Climate Action and Finance. If that was not enough, Mark serves on numerous other boards including Stripe, Bloomberg Philanthropies and the Foundation Board of the World Economic Forum to name a few. In Today's Episode with Mark Carney You Will Learn: 1.) How Mark made his entrance into the world of finance and came to the role of Governor of the Bank of Canada? How did that role lead to his becoming Governor of the Bank of England? How did seeing multiple booms and busts impact Mark's investing mindset? 2.) Governments, Central Banks and Regulation: How do governments and central banks retain control in a completely decentralized financial world? Can traditional currencies and digital currencies peacefully co-exist? What are Mark's predictions for central bank digital currencies? How does Mark expect governments and central banks to regulate digital currencies in the coming years? 3.) The Winners and Losers: What does the future hold for crypto exchanges? How do competitors for digital gold perform? Why does Mark believe in crypto "only the niche will survive"? What does the rise of Defi mean for traditional banks? What will determine those that survive? What does Mark mean when he says the winners will decide "what is my interface with this crypto world?'' 4.) The Future of NFTs: Do NFTs do more to help or to harm income inequality? How does Mark see the future for the development and experimentation of NFTs? Who are the winners and losers in the next decade for NFTs? How does Mark feel about the pause between productivity gains and real wage benefits that exist today?  Item's Mentioned In Today's Episode with Mark Carney Mark's Favourite Book: Arcadia by Tom Stoppard

Glasgow's climate summit was both an important step forward and a missed opportunity to go further. One important step forward was undoubtedly COP 26's unprecedented focus on the role of finance in tackling the climate emergency, which catalysed huge commitments from the private sector. The Glasgow Financial Alliance for Net Zero (GFANZ) now speaks for over USD130 trillion of capital that is committed to transforming the economy. 450 firms from 45 countries – including several leading alternative asset managers – are signed up to help deliver the estimated USD100 trillion of finance needed for net zero over the next three decades.Glasgow's focus on finance was strategic: enlisting the support of the private sector is seen as critical if governmental pledges are to be achieved. And while voluntary action is applauded, regulators, especially in Europe, are determined to use their rulebooks to ensure the asset management community is playing its part. In the EU, the first wave of asset manager regulation is already in force or in active development – and is not without its challenges. But it is only in recent months that the sustainability disclosure rules that will apply to UK-regulated alternative asset managers have started to emerge.Some asset managers would argue that the benefits of harmonisation across Europe outweigh the opportunities created by divergence, but the British government only partially agrees. The EU Green Taxonomy, for example, has been endorsed and, with some adjustment, will be used by UK firms. But in other areas, UK regulators do not feel beholden to EU approaches. There is a recognition that the EU rules have not entirely hit their mark – at least not yet – and there is a willingness to learn lessons. Indeed, the UK has a close eye on emerging international standards and is tending to prefer those. The adoption of mandatory climate-related reporting for companies, asset owners and asset managers is a case in point – the UK has opted for a reporting framework created by the Task Force on Climate-Related Financial Disclosures (TCFD), a body established in 2015 by the Financial Stability Board, whose recommendations have gathered endorsements from organisations across the world. This reporting framework is designed to provide decision-useful, forward-looking information on how financial risks and opportunities are being addressed by companies and other organisations. Reports have to cover the strategy and governance of climate-related business issues, as well as quantitative disclosure of specific metrics and targets. UK-regulated alternative asset managers with over £5 billion under management (and various other financial market participants) need to get ready to publish these reports in the coming years. For some firms that will be a significant additional level of public reporting, even though many recognise the benefits and are, in fact, already actively engaged – as this week's BVCA report demonstrates. (See our detailed briefing on TCFD reporting requirements for asset...

Building on OMFIF's status as an independent think tank for central banks, the Sustainable Policy Institute brought together policy-makers, technology experts and investors on 29-30 September 2021 to push the boundaries of the discussion on the role of monetary policy, regulation and disclosure, as well as address key practical challenges, in driving greener financial markets to achieve net zero at a two day virtual symposium. Ignazio Visco has been governor of the Bank of Italy since November 2011 and is chairman of the joint governing board of the Insurance Supervisory Authority. He is a member of the governing council and general council of the European Central Bank, the general board of the European Systemic Risk Board, the board of directors of the Bank for International Settlements, the steering committee of the Financial Stability Board, the board of governors of the World Bank and the Asian Development Bank. He is also alternate governor for Italy at the International Monetary Fund and the Inter-American Development Bank. He takes part in the G7, G10 and G20 finance ministers and central bank governors meetings. View more from the symposium here. 

We Talk with Curtis Ravenel, Senior Advisor to former bank of England governor Mark Carney, COP26 Finance Advisor and UN Special Envoy for Climate Finance. Mr. Ravenel discusses how the Task Force on Climate Related Financial Disclosure or TCFD has conducted its work and structured its recommendation since it was formed by the G20's Financial Stability Board in 2015.

In this episode Yvonne Harris chats with Anton Rushakov, a Senior Consultant with Global Affairs Associates. Anton is an ESG practitioner with 20+ years' experience in the international oil and gas industry and the non-profit sector. He specializes in corporate sustainability and stakeholder relations with the focus on climate change and energy transition communications and engagement. Anton has worked in Eastern Europe, Central Asia, and Far East Russia, and he holds a Masters of Political Science and African Studies from the University of California, Los Angeles, and a Masters of International Public Policy from the School of Advanced International Studies at Johns Hopkins University. As you will learn in this episode, Anton is a skilled educator with a knack for communicating technical information to non-technical audiences. So, as we dive into discussion on climate-related corporate reporting and the Taskforce on Climate-related Financial Disclosures (TCFD) reporting framework and recommendations, you will realize that you are in very capable hands! Moving toward standardized transparency is one of the tools the financial system has to price economic externalities—the risks of climate change—into markets. That's why the Financial Stability Board of the G20 countries created the TCFD to provide recommendations for effective evaluation and disclosure of the “actual and potential impacts of climate-related risks and opportunities on the organization's businesses, strategy, and financial planning where such information is material.” While at first blush this may sound like ‘amped up alphabet soup', Anton explains the nuts and bolts of the TCFD framework, scenario analysis and the reporting framework in an easily digestible manner for business leaders and those tuning into this topic for the first time. Subscribe to ESG Decoded where you consume your podcasts and connect via social media to share your feedback and topic suggestions. Enjoy this episode!

We speak with Dr. Eva Hüpkes, Head of Regulatory and Supervisory Policies and Alex Stervinou, Member of Secretariat, both at the Financial Stability Board, Basel. Eva and Alex unpack the FSB consultation on targets for enhancing cross-border payments, and progress on regulation, supervision and oversight of global stablecoin arrangements, such as Facebook's Diem project.

In the third episode of the Compliance Clarified podcast Susannah Hammond and Lindsey Rogerson discuss all things remuneration and what compliance officers around the world need to consider.The regulatory focus on remuneration, compensation and critically the design of bonuses goes back to the financial crisis and it's a measure of how crucial good bonus design is seen to be that the very first thing the Financial Stability Board did in the wake of the financial crisis was to implement supranational compensation standards seeking to drive better risk-aware behaviours. More than a decade later remuneration remains a key supervisory priority. As discussed in the podcast here are a selection of articles by Susannah and Lindsey: FSB cites UK good practice on compensation https://www.linkedin.com/posts/susannahhammond_fsb-cites-uk-good-practice-on-compensation-activity-6805809779756277760-qmhx Bank of England lab experiment on risks of relative performance pay https://www.linkedin.com/posts/susannahhammond_bank-of-england-lab-experiment-on-relative-activity-6805811791650664448-bSl2 Form L Q3.05 – which was deleted by Prudential Regulation Authority 2018 and only restored in January 2021 https://www.linkedin.com/feed/update/urn:li:activity:6806614095530471424/ COVID-19 fairness hangover heightens conduct risk for financial firmshttps://www.linkedin.com/feed/update/urn:li:activity:6806612121506471936/

Mark Carney served as the governor of the Bank of Canada from 2008 until 2013, and as the governor of the Bank of England from 2013 to 2020. Mark also was the chairman of the Financial Stability Board from 2011 to 2018. Mark is currently the Vice Chairman and Head of Impact Investing at Brookfield Asset Management, as well as a UN Special Envoy for Climate Action and Finance. Mark joins David on Macro Musings to discuss his new book *Value(s): Building a Better World for All*, as well as his career in central banking. Specifically, they discuss Mark’s experience at the Bank of Canada during the Great Recession, nominal GDP targeting and average inflation targeting as central bank frameworks, the future of central bank digital currencies, dollar dominance and the shadow banking system, the role of central banks and the financial sector in combating climate change, and much more.   Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings   Mark’s Twitter: @MarkJCarney Mark’s Brookfield profile: https://www.brookfield.com/about-us/leadership/mark-carney   Related Links:   *Value(s): Building A Better World For All* by Mark Carney https://www.penguinrandomhouse.ca/books/669023/values-by-mark-carney/9780771051555   *The Growing Challenges for Monetary Policy in the Current International Monetary and Financial System* by Mark Carney (speech given at Jackson Hole Symposium 2019) https://www.bankofengland.co.uk/-/media/boe/files/speech/2019/the-growing-challenges-for-monetary-policy-speech-by-mark-carney.pdf   David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth

In this episode Yvonne Harris chats with Anton Rushakov, a Senior Consultant with Global Affairs Associates. Anton is an ESG practitioner with 20+ years' experience in the international oil and gas industry and the non-profit sector. He specializes in corporate sustainability and stakeholder relations with the focus on climate change and energy transition communications and engagement. Anton has worked in Eastern Europe, Central Asia, and Far East Russia, and he holds a Masters of Political Science and African Studies from the University of California, Los Angeles, and a Masters of International Public Policy from the School of Advanced International Studies at Johns Hopkins University. As you will learn in this episode, Anton is a skilled educator with a knack for communicating technical information to non-technical audiences. So, as we dive into discussion on climate-related corporate reporting and the Taskforce on Climate-related Financial Disclosures (TCFD) reporting framework and recommendations, you will realize that you are in very capable hands! Moving toward standardized transparency is one of the tools the financial system has to price economic externalities—the risks of climate change—into markets. That's why the Financial Stability Board of the G20 countries created the TCFD to provide recommendations for effective evaluation and disclosure of the “actual and potential impacts of climate-related risks and opportunities on the organization's businesses, strategy, and financial planning where such information is material.” While at first blush this may sound like ‘amped up alphabet soup', Anton explains the nuts and bolts of the TCFD framework, scenario analysis and the reporting framework in an easily digestible manner for business leaders and those tuning into this topic for the first time. Subscribe to ESG Decoded where you consume your podcasts and connect via social media to share your feedback and topic suggestions. Enjoy this episode!

On this week's episode, Guy speaks with Mark Lewis, Chief Sustainability Strategist at BNP Paribas and a member of the Financial Stability Board's Task Force on Climate-related Financial Disclosures. Mark discusses the deflationary nature of renewable energy, the recent changes in the offshore wind bidding process in the UK, and the importance of the ‘S' in ESG. 

Secondo la segretaria confederale della Cgil, Tania Scacchetti, l'emergenza sanitaria in atto da oltre un anno sta presentando il conto sul fronte dell'occupazione. I dati appena diffusi dall'Istat, alcuni dei quali drammatici, dovrebbero convincere anche i più scettici della necessità di prorogare le misure speciali di ammortizzatori sociali e del blocco dei licenziamenti, se non si vuole che l'Italia imbocchi una via senza ritorno. Scacchetti sottolinea innanzitutto che il calo degli occupati del 2,2 % , pari a 945.000 unità in meno divise tra dipendenti (-590.000) e autonomi (-355.000) è un dato grave che rende del tutto insignificante il fatto che l'occupazione nei primi due mesi del 2021 sia rimasta sostanzialmente stabile.Dopo la cautela che ha ispirato le previsioni di gennaio scorso, il Fondo Monetario Internazionale rivede nettamente al rialzo la stima per il Pil dell'Italia nel 2021, con una crescita che ora è attesa al +4,2% e con un aumento di 1,2 punti rispetto alle valutazioni di tre mesi fa. Nel World Economic Outlook appena diffuso, il Fondo mantiene invece ferma la previsione per il 2022, con una crescita del Pil italiano vista al 3,6%.Secondo il rapporto presentato dal Financial Stability Board, presentato ai Ministri delle Finanze ed ai Governatori del G 20, nella fase finale della pandemia, gli aiuti statali dovranno essere spostati verso le imprese realmente in grado di farcela da sole nell'economia post-covid. Ed il concetto espresso dal FSB è riferito, in modo particolare, proprio all'Italia.

Supporta "bitcoinforma": https://anchor.fm/bitcoinforma/support Telegram: t.me/bitcoinformaJerome Powell, presidente della Federal Reserve, ha chiarito le sfide e il futuro dei pagamenti transfrontalieri, senza menzionare le criptovalute. Durante la conferenza CPMI, Powell ha parlato in modo approfondito dei modi per circumnavigare le attuali sfide del settore, ma ha deliberatamente omesso di riconoscere Bitcoin . Bitcoin e altre criptovalute stanno già eseguendo le raccomandazioni stabilite dal Financial Stability Board, ma il presidente della Federal Reserve non le ha menzionate.--- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/appSupport this podcast: https://anchor.fm/bitcoin-informa/support

Supporta "bitcoinforma": https://anchor.fm/bitcoinforma/support Telegram: t.me/bitcoinforma Jerome Powell, presidente della Federal Reserve, ha chiarito le sfide e il futuro dei pagamenti transfrontalieri, senza menzionare le criptovalute. Durante la conferenza CPMI, Powell ha parlato in modo approfondito dei modi per circumnavigare le attuali sfide del settore, ma ha deliberatamente omesso di riconoscere Bitcoin . Bitcoin e altre criptovalute stanno già eseguendo le raccomandazioni stabilite dal Financial Stability Board, ma il presidente della Federal Reserve non le ha menzionate. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/bitcoin-informa/support

Equity benchmark indices remained parked near day's high for the better part of the day on Thursday, cooling off marginally only during the last hour of trade.   Strong gains in Reliance Industries, TCS, Axis Bank, NTPC, and IndusInd Bank helped the headline S&P BSE Sensex to settle the F&O series for the month of February at 51,039 levels, up 258 points or 0.5 per cent. With a 4.8 per cent gain, NTPC remained the top performing stock on the Sensex today, followed by up to 4.4 per cent gains in ONGC, Reliance Industries, IndusInd Bank, Axis Bank, and Power Grid. On the downside, ICICI Bank, that dipped 2 per cent on profit booking, ended the session as the top laggard. Nestle India , L&T, Titan Company, HUL, UltraTech Cement, and HDFC were some of the other top losers. On the NSE, the Nifty50 index failed to reclaim the 15,100-mark on the closing basis and ended at 15,097 levels, up 115 points or 0.47 per cent. In the broader markets, the S&P BSE SmallCap index closed at 20,305 levels, up 1.4 per cent. The index hit a record high of 20,321 points in Thursday's intra-day trade and surpassed its previous high of 20,183 touched on January 15, 2018. With the rise in markets and having tasted success, most experts believe that the interest of retail investors in the markets, especially the small-caps is here to stay. The S&P BSE MidCap index, on the other hand, settled at 20,334 levels, up 1 per cent. During the February F&O series, the benchmark Sensex and Nifty50 index gained 8 per cent, underperforming the broader markets where the Nifty MidCap 100 and the Nifty SmallCap 100 jumped 11 per cent each. Among individual sectors, metal counters staged a stellar show with the Nifty Metal index closing 4 per cent higher today. That apart, the Nifty Realty index closed with 1.7 per cent gains while the Nifty PSU Bank, Pharma, and Auto indices ended 1 per cent higher each. As regards the derivatives series, the Nifty Metal, PSU Bank, and Bank indices advanced 20.5 per cent, 39 per cent, and 19 per cent, respectively while the Nifty Auto index gained 3 per cent. On the downside, the Nifty IT and FMCG indices slipped around 2 per cent each. Coming to buzzing stocks of the day, shares of Nureca listed at Rs 635 apiece, a 58.74 per cent premium against the issue price of 400 per share. The shares closed at Rs 666 on the BSE, up 66.5 per cent against the issue price. That apart, shares of Max Financial Services hit 10 per cent upper circuit and quoted at Rs 938.65 on the BSE, after the Insurance Regulatory and Development Authority of India gave its approval for the acquisition of up to 12 per cent stake in Max Life Insurance (Max Life) by Axis Bank and its subsidiaries Axis Capital and Axis Securities (Axis Entities). The shares settled around 4 per cent higher today. Furthermore, shares of Rashtriya Chemicals and Fertilizers rallied up to 15 per cent at Rs 64.85, also its 52-week high, in the intra-day trade on Thursday after rating agency ICRA reaffirmed credit ratings of the company’s instruments and revised outlook to 'positive' from 'stable'. And before we close, here are updates on key events of the day: First, markets regulator Sebi chairman Ajay Tyagi on Thursday acknowledged the systemic risk concerns raised by the RBI and Financial Stability Board over a disconnect between financial markets and the real economy, but said that this is a global phenomenon. He also said the heavy fall in markets, followed by quick gains on the equity benchmarks since the onset of the pandemic is the sharpest V-shaped recovery in the last 30 years. In another development, RBI governor Shaktikanta Das said today that the Reserve Bank of India did not compromise on its balance sheet while providing liquidity to the bond market through asset purchases as the purchases were risk-free government bonds only. Lastly, on the economic front, global rating agency Moody's said  today that India'

Probleemleningen en kwetsbare banken doemen weer op aan de einder, waarschuwt de Financial Stability Board. Met name in de emerging markets is wel héél veel geleend de afgelopen tijd, wat de financiële stelsels volgens BNR's macro-econoom kwetsbaar maakt voor mogelijke veranderingen in de financiële markten. Toch durft het FSB het niet aan om te stoppen met de stimuleringsmaatregelen.

In this week's episode of the podcast I'm talking Prof Stephanie Bertels - Prof Bertels is the Director of the Centre for Corporate Governance and Sustainability SFU Beedie School of Business as well as Founder and Executive Director of The Embedding Project. We had a fascinating conversation covering the reasons why climate change matters to business today now more than ever (spoiler alert - it has to do with the risks to global markets), the setting of climate goals by organisations, and the fantastic work the Embedding Project is doing in this space, the setting of net zero emissions goals across industries, climate justice, and the climate interest trends of students in SFU.This was an amazing podcast to make. I thoroughly enjoyed our conversation, and I learned so much. I hope you enjoy listening to it too.If you have any comments/suggestions or questions for the podcast - feel free to leave me a voice message over on my SpeakPipe page, head on over to the Climate 21 Podcast Forum, or just send it to me as a direct message on Twitter/LinkedIn. Audio messages will get played (unless you specifically ask me not to).And if you want to know more about any of SAP's Sustainability solutions, head on over to www.sap.com/sustainability and if you liked this show, please don't forget to rate and/or review it. It makes a big difference to help new people discover the show. Thanks.And remember, stay healthy, stay safe, stay sane!Music credit - Intro and Outro music for this podcast was composed, played and produced by my daughter Luna Juniper

Josh Galper is the managing principal at Finadium, an independent consultancy in capital markets, and is deep in the trenches of the money markets, as well as the financial regulatory space. As a returning guest to the podcast, Josh rejoins Macro Musings to talk about some of the big changes we might see in financial regulation, especially as it relates to climate issues under the new Biden administration. David and Josh also discuss the prospects of negative interest rates in the US, the influence of the Financial Stability Board, and how to deal with Treasury and repo market stress in the future.   Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings   Josh’s Twitter: @Finadium Josh’s Finadium profile: https://finadium.com/josh-galper-mba/   Related Links:   *Fed Joins Central Bankers Backing Paris Climate Goals* by Martin Arnold https://www.ft.com/content/008a12d2-7736-4db0-af9c-e063a0bcdd7a   *Managing Climate Risk in the U.S. Financial System* by the Climate Market Risk Subcommittee, Mark Risk Advisory Committee of the CFTC https://www.cftc.gov/sites/default/files/2020-09/9-9-20%20Report%20of%20the%20Subcommittee%20on%20Climate-Related%20Market%20Risk%20-%20Managing%20Climate%20Risk%20in%20the%20U.S.%20Financial%20System%20for%20posting.pdf   *Fixing Financial Data to Assess Systemic Risk* by Greg Feldberg https://www.brookings.edu/research/fixing-financial-data-to-assess-systemic-risk/   David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth

Today's guest is Richard Grove. Richard is a well-respected independent researcher, whistleblower and entrepreneur behind the Autonomy course.  Mr Gove is most well known for his tragedyandhope.com website and Peace Revolution Podcast.  This is one of the most informative episodes we've ever done.  Tim starts by asking Richard to give our listeners and viewers more information about the Council on Foreign Relations or CFR and from there Richard gives an impressive overview of the entire history leading up to the creation of the CFR and the roles Cecil Rhodes and the Rothschilds played in this.  Along the way they also get into the Bank Of International Settlements, Financial Stability Board and the Royal Institute of Affairs which is the British counterpart and predecessor to the CFR.  For a Complete List of Books that Richard Referenced please head to: www.thelibertyadvisorshow.com/tjs30  Richard's Autonomy course: https://getautonomy.info/  Richard's Website:  www.tradgedyandhope.com Richard's soon to be released Podcast:  http://grandtheftworld.com/    Join Our email list at bit.ly/timjohnemail To learn more about John Sneisen's work please go to https://theeconomictruth.org/  Join the conversation in Tim and John's Discord community: https://discord.gg/vkxUkqg  Itunes: https://bit.ly/libertyadvisor  Podcasts: https://libertarianadvisor.podbean.com/  Livestreams: https://flote.app/TheLibertyadvisor  You can find us on other content platforms by following the link below https://thelibertyadvisorshow.com/showlinks/  Learn more about Tim's services: www.thelibertyadvisor.com  Free 15 min Investing Consultation www.bit.ly/booktimp  Subscribe to our emergency text list and receive a free ebook “How it's Rigged – The Economy” Text LibertyAdvisor (one word, no spaces) to 71441

Saudi Arabia’s finance minister says the world’s richest countries are close to unlocking additional IMF funds for low-income nations, Amazon has launched an online delivery service offering big discounts for prescription medicine in the US, and Unilever is aiming to increase its annual sales of plant-based meat and dairy alternatives to €1bn in five to seven years. Plus, the FT’s US markets reporter, Colby Smith, explains why the Financial Stability Board is pinning hedge funds with some of the blame for the US Treasury market chaos in March. G20 nearing IMF funding boost for developing nations, Saudi minister says ft.com/content/f211194f-5c19-4ab1-b47f-a4d6caa88f36?Amazon launches online pharmacy in challenge to traditional retailershttps://www.ft.com/content/f45c4956-108f-4b69-b115-c73cfc55f0e3Unilever aims for €1bn sales from plant-based products by 2027ft.com/content/0a1e5e3d-a34d-44bb-a350-75f3e8700673?Hedge funds under scrutiny over role in March bond market ructionshttps://www.ft.com/content/5bab4156-54fd-41ab-b067-794c3050c8cd See acast.com/privacy for privacy and opt-out information.

Alex Newman is an award-winning international journalist with a global reputation for hard-hitting reporting & the founder of Liberty Sentinel. Alex was at Red Pill discussing global governance organizations, the politicians that work for them, and the push towards a cashless society. Unfortunately John Sneisen could not be at Red Pill due to tyrannical government mandates, but his question for Alex was about the FSB, the Financial Stability Board; to which Alex replies it is one of many in a whole constellation of global governance organizations working working to achieve a cashless society where everyone uses their central bank digital currencies. Included in this interview is parts of Alex presentation at red pill expo highlighting his point of view. To learn more about Alex and his work please go to https://libertysentinel.org  Join the conversation in Tim and John's Discord community: https://discord.gg/vkxUkqg  Itunes: https://bit.ly/libertyadvisor  Podcasts: https://libertarianadvisor.podbean.com/  Livestreams: https://flote.app/TheLibertyadvisor  You can find us on other content platforms by following the link below https://thelibertyadvisorshow.com/showlinks/  Learn more about Tim's services: www.thelibertyadvisor.com  Free 15 min Investing Consultation www.bit.ly/booktimp  Subscribe to our emergency text list and receive a free ebook “How it's Rigged – The Economy” Text LibertyAdvisor (one word, no spaces) to 71441

On this episode of Tim and John show we cover all the insanity ranging from election uncertainty to market mania. Tim explains how the FED owns a third of all mortgages in the US while John gives his take on how monetary destruction will play out. Economist suggests bribing US citizens to take vaccine, and then implore others to take the vaccine too. Americans pay down credit card debt for 5th month in a row. Ohio pension fund dips their tows into gold, hedging against inflation. China gradually sells 20% of its US treasury holdings while the US quietly ramps up defense spending via the exchange stabilization fund as US/China tensions rise. John brings attention to the To Big To Fail virtual workshop put on by the Financial Stability Board, and explains their importance in global finance. Stay tuned as Tim and John switch off of YouTube and in to their overdrive session where they get into a grab bag of topics not allowed to be discussed by YouTube's commie'unity guidelines.   You can view the 1st hour of this content on Youtube at https://www.youtube.com/watch?v=dxhKQV1s84Q or can view the full show on LBRY at https://lbry.tv/@thelibertyadvisor:2/Tim-and-John-Show-Episode-15-video:b   For more from Tim Picciott please use the links below: Join the conversation in Tim's Discord community: https://discord.gg/vkxUkqg  Itunes: https://bit.ly/libertyadvisor  More Podcasts: www.thelibertyadvisorshow.com  Lbry.tv https://open.lbry.com/@thelibertyadvisor:2?r=8anhqXQMKf7NVVZ3U2kpG8g7KFCZTnrM  Livestreams at https://flote.app/TheLibertyadvisor  Bitchute https://www.bitchute.com/accounts/referral/thelibertyadvisor/  Learn more about Tim's services: www.thelibertyadvisor.com  Free 15 min Investing Consultation www.bit.ly/booktimp  Subscribe to our emergency text list and receive a free ebook “How it's Rigged – The Economy” Text LibertyAdvisor (one word, no spaces) to 71441

The Honorable J. Christopher (Chris) Giancarlo was on the frontlines of the biggest issues shaping global financial markets as the 13th chairman of the U.S. Commodity Futures Trading Commission (CFTC). Known by some as "CryptoDad," Giancarlo visits LaSalle Street to discuss his reflections a year after leaving the CFTC, key issues he faced during his tenure, and emerging issues shaping the markets today. The conversation includes discussion of clearinghouse risk and the work of the Financial Stability Board, the risks embedded in reference rates, and why regulators should be investing time in the future of digital currency.     This episode of LaSalle Street is hosted by Maggie Sklar, senior policy advisor and director of international engagement in the Financial Markets Group at the Federal Reserve Bank of Chicago. Prior to joining the Chicago Fed, Sklar held various senior leadership positions within the CFTC, including senior counsel to Chairman Giancarlo, associate director of the office of international affairs and senior counsel to Commissioner Mark P. Wetjen.    The views expressed on LaSalle Street are the speakers’ own and do not necessarily reflect the views of the Federal Reserve Bank of Chicago or the Federal Reserve System.

Mark Lewis has more than 20 years’ experience as a financial analyst covering energy and environmental markets. He joins from Carbon Tracker, an award-winning think tank, where he was Head of Research. Previously, he was MD and Head of European Utilities Research at Barclays, Chief Energy Economist at Kepler Cheuvreux, and MD and Head of Carbon Research at Deutsche Bank. He was also a member of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures from May 2016 to May 2018. Prior to his career in banking, Mark was an academic at the University of London at Royal Holloway College. Mark has an MA in German from King’s College London, an MPhil in Latin American Studies from Cambridge University and a BA in Spanish & German from Sheffield University. Mark joins Sustainable Nation to discuss: Process of integrating ESG metrics into portfolio evaluation Importance of weighting E, S, and G differently for each sector Current status of the TCFD and its evolvement Advice and recommendations for sustainability leaders Mark's final five question responses: What is one piece of advice you'd give other sustainability professionals that might help them in their careers? Never give up. I think in fact, you know, one thing I say a lot these days is every single day gets easier to make the case because the economics have changed fundamentally in the last five years. I feel now as if we're pushing on an open door, that door was only very slightly ajar 15 years ago. And we've had to do a lot of pushing over the last 15 years, but it's really opening up now and we just need more people to join in and keep pushing and keep developing. I'm much more optimistic than I was 10 years ago that we can build a better world. It's not to say it's guaranteed, but it's in our hands. The technology is there. We need policy makers to develop and for that we need as much enthusiasm and human energy as possible to keep pressing forward. So never give up and keep pushing. What are you most excited about right now in the world of sustainability? I mean, for me personally it's just the tremendous possibilities that are opening up with energy storage and also hydrogen is back on the agenda because I think, you know, renewables can only get you so far if you don't have a way of storing, solar and wind energy. And I think the good news is we're starting to see breakthroughs in the cost of storage. Europe has just launched a very big incentive program for hydrogen as well, which can be used both as a source of storage and as an energy source in its own. Right. So to me, that's the next phase of the energy revolution is really being able to combine storage with wind and solar energy, so that we can decarbonize the global energy system completely within the next three, hopefully three, maybe four decades. What is one book you would recommend sustainability professionals read? Yeah, sorry again, to focus on the energy side, this is, you know, showing my own bias, but a really great book, relatively recent, I guess it is three or four years old now, is the Marginal Cost of Society by Jeremy Rifkin. I think that's a fantastic read. What are some of your favorite resources or tools that really help you in your work? Well there are so many, on the energy side there's a lot of publicly available data from the International Energy Agency and from the International Renewable Energy Agency (IRENA). World resources Institute is an unending source of knowledge and insight. I think WRI is just a fantastic, fantastic tool. So those would be three that spring to mind that I regularly look at. Carbon Tracker. I've gotta give a shout out to Carbon Tracker. You know, I spent nine months there in 2018 as the head of research. It's the most fantastic think tank on climate change and aligning financial markets with the challenge of achieving the Paris agreement. Mark, where can our listeners go to learn more about you and your work? Well, you know, we have a website, the BNP Paribas Asset Management website. And, you know, if I may indulge your listeners, you know, I can be contacted on LinkedIn. I post regularly about my work and about interesting trends that I'm seeing and you can follow me on Twitter @MCL1965. About Sustridge: Sustridge is a sustainability consulting firm providing consulting in sustainability strategy development, sustainability reporting, GHG emissions calculating and management, zero waste planning and guidance in a TRUE Zero Waste, B Corp, LEED and Carbon Neutral certification.

Grace Sone, Head of Cooperation and Organization at the Financial Stability Board Secretariat in Basel, spoke with Martin Boer of the Institute of International Finance to discuss Cyber Risk and how the current COVID-19 pandemic is impacting cyber resilience across the financial services industry.

“What can be measured, can be managed”   Paul Hiebert, Head of Systemic Risk & Financial Institutions Division at the European Central Bank, joins Kopi time to talk about climate change and financial risks. He goes over the key initiatives undertaken by various Euro area institutions to produce and disseminate better data, standards, and analysis so that private and public sector can prepare for the impending high cost of dealing with climate change. Paul shares estimates of relevant long-term potential loss in GDP and the annual cost of remedial measures that are now being used for planning and regulation purposes. He then goes over key initiatives by regulators and governments to estimate climate change related credit risk on the balance sheet of the financial sector, work in progress to build the capacity to price such risks, and simulation and scenario analysis to quantify the need for further investment. Paul also sheds light on initiatives beyond the Euro Area, such as by the Network for Greening the Financial System, the Financial Stability Board, and the Basel Committee on Banking Supervision. See omnystudio.com/listener for privacy information.

Let's talk about digital identity with Clare Rowley, Head of Business Operations at the Global Legal Entity Identifier Foundation (GLEIF). In episode 24, Clare and Oscar delve into the world of the Legal Entity Identifier (LEI) – what exactly is an LEI; the GLEIF's role in ensuring the operation of the Global LEI System and promoting LEI engagement; and the specific, quantifiable benefits that the LEI can bring to the banking sector. "Consumer protection, greater transparency in the supply chain, and the detection and prevention of fraud can be achieved only through full transparency of counterparties." Clare Rowley is the Head of Business Operations at the Global Legal Entity Identifier Foundation (GLEIF). Prior to working with GLEIF, Ms. Rowley worked at the United States Federal Deposit Insurance Corporation where she led technology initiatives improving bank resolution programs and contributed to research on subprime mortgages. Find Clare on LinkedIn. Established by the Financial Stability Board in June 2014, the Global Legal Entity Identifier Foundation (GLEIF) is a not-for-profit organisation created to support the implementation and use of the Legal Entity Identifier (LEI). GLEIF is headquartered in Basel, Switzerland. GLEIF services ensure the operational integrity of the Global LEI System. GLEIF also makes available the technical infrastructure to provide, via an open data license, access to the full global LEI repository free of charge to users. GLEIF is overseen by the LEI Regulatory Oversight Committee, which is made up of representatives of public authorities from across the globe. GLEIF has obtained the ISO/IEC 20000-1:2011 certification in October 2019 for its Partnership Program Services to the LEI issuing organisations (LOUs). For more information, visit the GLEIF website at https://www.gleif.org/en Ubisecure is a Local Operating Unit (LOU) for the GLEIF through its RapidLEI service and is the number one issuer of LEIs worldwide. Find out about becoming a RapidLEI partner at rapidlei.com/partners. We’ll be continuing this conversation on LinkedIn and Twitter using #LTADI – join us @ubisecure!  

Linda Jeng, Head of Global Policy for Transparent Systems, joins John Collins to discuss her work at the Financial Stability Board, the future of distributed and decentralized finance, cashless store bans in the age of COVID, and the nightlife of Basel. In the episode we discuss the Georgetown IIEL Virtual Town Hall - you can find video of that here: https://dcfintechweek.org/iiel-virtual-town-hall/

Today we are joined by David Johnston of Pegnet to discuss everything happening in the world of Defi, Synthetic Assets & Stable Coins. This week the Financial Stability Board put out new recommendations for stricter regulations that could effectively ban many digital crypto assets & stable coins. We've received lots of questions about how these new regulations will affect different types of stable coins so today we will answer all those questions as well as discuss Pegnet's approach to digital crypto & synthetic assets. Stable Coins Explained: https://nuggetsnews.com.au/resources/basic-knowledge/what-are-stablecoins/ https://twitter.com/DJohnstonEC https://twitter.com/PegNetNews https://pegnetmarketcap.com/ Date of Recording: 17th April 2020 ---

Een belangrijk advies tegen een bijzonder soort cryptovaluta, de stablecoins. Het advies komt van de Financial Stability Board, een adviesorgaan van de Bank voor Internationale Betalingen, de centrale bank der centrale banken.

On this week’s podcast Colin Lambert casts his eye over the week’s news, before he is joined by Matthew Kulkin, partner at US law firm Steptoe, and former director of the CFTC’s Division of Swap Dealer and Intermediary Oversight, to discuss all matters regulatory. Lambert is pleased to find out that one of his observations – that there is a rush of rule-making at CFTC – is actually accurate, thanks to the natural cycle with US regulatory circles, as Kulkin takes him through last week’s important rule proposals from CFTC around swaps data reporting and dissemination. Stressing that the proposed rules are just that – proposed – Kulkin and Lambert discuss the balancing act required to ensure that trades are reported soon enough for regulators to be able to track market activity accurately, but with enough of a delay to protect market participants seeking to hedge large risks. The conversation then touches on how the world is preparing for the change to risk-free rates for benchmark purposes – and Lambert is warned that precedent dictates that his prediction that the deadline will be met is not quite the surefire thing he believes – before moving into electronic trading territory with an update on RegAT. For those of you out there (Lambert included) who thought this was, as CFTC commissioner Brian Quintenz stated in 2017 “D.E.A.D”, Kulkin has a surprise, because that is not actually the case. The podcast closes out with a look at regulators’ attempts to bring some rules to cryptocurrency markets – Kulkin follows a long tradition on the podcast by raising an eyebrow at one of Lambert’s predictions – following Financial Stability Board chairman Randal Quarles’ waring last week that there was a danger of regulators falling behind the curve for this growing asset class. Download from your podcast store or from the Profit & Loss website and listen in now and to read Steptoe’s forecast of the CFTC’s 2020 agenda, click here.

Debra Stone, Managing Director and Head of Corporate Regulatory Affairs at JPMorgan Chase and Wilson Ervin, Vice Chairman in the Group Executive Office at Credit Suisse, spoke with the Institute of International Finance about the growing problem of financial market fragmentation, why it is important and what policy-makers and the financial sector can do to address this problem. In the podcast, the discussion also addresses recent initiatives by the Financial Stability Board, the International Organization of Securities Commissions (IOSCO), as well as by the IIF, around this issue.

Paul Dickinson founded CDP in 2000 with an ambition of creating a global economic system that operates within sustainable environmental boundaries and prevents dangerous climate change. CDP represents over 650 investors with assets of over $80 trillion, and it uses this authority combined with the buying power of over 110 large corporations with annual purchases of over $2.5 trillion, to persuade over 7,000 large companies to report on their greenhouse gas emissions as well as strategy on climate change, water use and the drivers of deforestation. CDP makes most of this data available to the public and service providers like Bloomberg, MSCI and many others. In addition, over 600 large cities and 100 states and regions with aggregate over 1 billion inhabitants report annually on their environmental performance through CDP, which is a charitable organisation operating in 80 counties from nine offices around the world. Paul Joins Sustainable Nation to Discuss: The corporate sustainability movement and the trends we are seeing in GHG emission reporting How CDP has integrated new frameworks such as TCFD and science based targets into the CDP reporting program The evolution of CDP and what the future may hold Advice and recommendations for sustainability leaders Interview Highlights: CDP, the largest climate change focused data collection and assessment program, really has changed the game on corporate emission reporting and municipality emission reporting. Can you give us a little overview of the state of greenhouse gas emission reporting right now? Are we seeing increases in the numbers that are reporting or decreases? Are we seeing more transparency or more ambitious goals? Just give us a high level overview. Sure. I'll just step a little bit into the way we collect data because it's part of the story. We collect data by representing investors, a very large group of investors - 650 investors with around $90 trillion. So, companies are reporting to their investors through us, or they're reporting to their customers through us, because we have a big supply chain business. The reason I mentioned that is because one of the things that's happening in reporting is it's getting bigger and bigger and more and more normal. At CDP, we're in our 15th annual year of global reporting from corporations. So, one of the trends is you have a big increase in reporting and it's been supported very much by Mark Carney and Michael Bloomberg, who together chaired the Task Force on Climate Related Financial Disclosure (TCFD), which was also set up in response to an invitation from the Financial Stability Board representing the G20 central banks and regulators. So, the TCFD has provided improved guidance on how companies should report on climate change. CDP redesigned itself completely around TCFD so that thousands of companies are now reporting on TCFD through the CDP platform. You asked me if emissions are going up. They were kind of plateauing and then unfortunately we had some radical changes in government. The previous US administration was really working hard to reduce greenhouse gas emissions and was being quite successful. The Trump administration has gone in a crazy opposite direction. After the Paris Agreement of 2015, which was very much a creation of the United States and global diplomacy, the Trump administration has indicated it intends to pull out of the Paris agreement, although it won't actually be able to unless they win a second term. So, we've definitely had some setbacks from some crazy removal of regulation, which is allowing greenhouse gas emissions to rise again. My 19 years working full time climate change has taught me that you get these crazy setbacks often when industries that are suffering want to lobby a bit, but we get over it and then we get back on track because we have no choice. You can't argue with the science. You mentioned the Task Force on Climate Related Financial Disclosures (TCFD) and how more investors want to know the climate related risks of the companies they invest in. Can you talk a little bit more about how CDP is incorporating that into your program and other aspects of TCFD like climate scenario analysis? It might be helpful for our listeners to understand the difference between CDP and a lot of other things that are out there. We really respect TCFD and we think it's great. TCFD is guidance for how a company should report on climate related risks, presumably through the annual report. You have organizations like the GRI who provide guidance for how you should report on various issues through your annual report or your sustainability report. SASB provides guidance on how you should report in your annual report or sustainability report, and how you should evaluate performance. We have a subsidiary called CDSB which is committed to advancing and aligning the global mainstream corporate reporting model to equate natural capital with financial capital. So, there's a lot of guidance out there about how you should report. The difference with CDP is that we are a specific reporting platform. We run large scale information technology in multiple languages globally. So, we run a kind of parallel mechanism to the annual report or the CSR report. If you think about it, a big US corporation like Microsoft will have to report to the SEC on its financial results. Or, A big German company like BMW will have to report to the German government on its financial results. Or, a big Japanese company like Toyota will have to report to the Japanese government on its financial results. CDP provides the same thing as those different governments, but a single global platform where corporations, and as you observed also some 600 cities and 100 states and regions, report annually on their environmental performance into our databases. That data then goes out to the Bloomberg Network, MSEI and various other places. So, what we did with TCFD is we took the guidance of TCFD and we turned that into the specific questions we ask corporations. There are hundreds and hundreds of companies that have adopted TCFD and are putting that advice into their annual reports. But thousands of companies are answering the specific TCFD questions into the CDP databases and then we make that available to the market. Another trend of course are science based targets. The IPCC latest reports say the objective should be to limit the global warming to one and a half degrees above pre-industrial and companies now or are adopting the science based targets for their operations and doing what's necessary to help meet that that global goal. Is CDP also incorporating science based targets or maybe giving the higher letter grades to companies or organizations that are using these science based targets? You have it exactly right. That's exactly what we're doing. First of all, we absolutely love science based targets and CDP strategy is very much designed around the massive implementation of science based targets. We are very proud members of a broader consortium, including WRI and many other NGOs developing ever improving methodology for setting science based targets. For those who don't know what science based targets mean, it's like the end of incrementalism. In the early parts of my career at CDP, big companies with huge emissions would say, "Oh, we're recycling our paper." Well there's nothing wrong with recycling your paper, but if you've got 10 or 15 million tons of CO2 coming out of your operations, that's a much bigger issue. Science based targets mean that you can be confident that the company is reducing its emissions in line with what is required to keep us below 2 degrees, and in due course, changing that trajectory to make sure we stay below one and a half degrees. I just also want to mention that, yes it's true, CDP scoring reflects improved scoring for compliance with the science based targets. But interestingly, we've been working with the French government and others on something called ACT, which means Assessing the low-Carbon Transition. Really, you've got two methodologies to think about: 1) the methodology the company needs to follow to deliver on its science based targets and 2) the methodology the investor needs to use to evaluate how well the company is complying with that objective. What is one piece of advice you would give other sustainability professionals that might help them in their careers? Authority is taken and not given. We in the sustainability community are on the winning side of a very long and protracted argument. Stay close to marketing. Recognize that you can add value margin and market share by using sustainability marketing. Also, give orders in your organization politely, effectively and seductively. Achieve the necessary outcome, but recognize that it is not enough to say you're doing your best. You have to actually succeed in doing what is necessary. What are you most excited about right now in the world of sustainability? I'm excited by the public demonstration of passion and enthusiasm for sustainability. I'm going to answer your question by sticking to my core passion. Before I actually got involved in climate change 20 years ago, I was kind of involved in the early days of the information and communications technology revolution. I do in fact delight in fiber optic cable and the capabilities of video telephones. When are we going to have a broadband video telephone with eye contact. We're still a long way away from getting that. Where I'm going with this long rambling answer is the concept of dematerialization. We need to dematerialize economic growth and information and communication technology can help us do it. What we need is our big friends in Google, AT&T, Apple, Microsoft, Sony to recognize that they are part of the solution, not part of the problem. The future is going to be moving electrons and not assets. What is one book you'd recommend sustainability leaders read? I would strongly recommend you read the book Dark Money by Jane Mayer. It's a New York Times investigation into the manipulation of public debate on sustainability by certain private companies. It helps frame the level of the problem of why the public is not always so receptive as you might expect to putting money behind their own survival. It gives an indication of what to avoid in terms of sustainability bad instead of sustainability good. It's just a forensic political analysis which will help people to understand aspects of contemporary politics, which they might otherwise find difficult to understand. What are some of your favorite resources or tools that really help you in your work? Well, the number one has got to be CDP website. Please go to cdp.net. That's a great resource where you can see what thousands of companies are doing. I would also encourage people to check out another UK based NGO called ShareAction: https://shareaction.org/. Beyond that, there's so many different ways to answer the question. Have a think about tuning into a new podcast called Outrage and Optimism, which I've had the privilege to launch with my colleagues. We have our first interview with David Attenborough, who's got a new series on Netflix. Where can people go to learn more about you and your work at CDP? cdp.net. Please also have a look ShareAction, this other NGO that I mentioned in the UK. If you're in the UK, download GIKI, which is the company that I'm the director of which I'm very, very fond of. Have a look at Influence Map, which is an NGO I'm involved with. Have a look at the Findhorn Ecovillage in Scotland where I convene events. But at the end of all of that, my primary job where I work 80% of the week is at CDP. I would really welcome anyone listening to this podcast to go to cdp.net. About Sustridge Sustridge is a sustainability consulting firm providing consulting in sustainability strategy development, GHG emissions calculating and management, zero waste planning and guidance in TRUE Zero Waste, B Corp, LEED and Carbon Neutral certification.

Welcome to Finance and Fury Today – Want to start looking at what would likely survive another financial correction or worse, collapse Been thinking a lot recently about the structure of the modern economy – This episode is probably more like a FF ep, but this topic will have a massive impact on each of our lives at some point – where to have your money in preparation for the next crash Heavy topic - so a few things need to be explained before diving into what to look for in what will occur in the next collapse. If you listen regularly, you might have noticed a lot of topics have revolved around monetary policy lately – rate cuts, effects, etc. – Been looking for an answer to what the best investment would be in the event of a financial collapse As the current financial system of uncollateralised debt will be the cause This doesn’t mean that the Next Financial collapse is imminent and that you should rush and sell everything – but it is important to still pay attention to certain signals – Are people buying more or less luxury items, are they going on more or fewer holidays, what products are being marketed, how much are companies reinvesting profits, or paying it out as a dividend, and how much people are saving? These paint a thematic trend of the ‘mood’ of the economy – the economy collapsing is a financial collapse An economy can exist without money – i.e. barter – but two issues in modern economy without money Limited in wealth – people don’t have much in the way of physical goods – chickens, sheep, etc Very ineffective – imagine your own life – income from job in the form of food, you pay rent in tvs, which you get from trading away cookies you make The economy is a number of things, all bundled into one concept though – The invention of currency did revolutionise though – But at the core, the economy is between two players You have consumers – which are a major driver of growth – Demand Nobody to sell to – no companies If people can’t afford what you sell – no companies If people don’t want what you have – no companies You have producers – Those that provide the supply Nobody to buy from – you starve or have a low quality of life The cycle of the economy  There is a flow between consumers and producers – exchange of money for good or service All agree that the more that is being exchanged and if the growth of how much is being produced, consumed is going up, the economy would also grow Most people think of companies are producers – but they are also consumers Consumers can also be producers – I consume, but also produce at the company end – I am a bad consumer personally, but the company makes up a massive difference, and flow on effects of what people you receive an income from the company go on to consume. In the extreme example – this would be a ‘free market’ - system in which the prices for goods and services are determined by the open market and by consumers Producers are free to make what they want, sell at what they want and at the quality that they want – but what they want is what the consumer wants – the customer is always right – remember – company goes out of business if you have nobody buying your goods because someone else does it better. Individuals would be free to then dictate to the producers what they want with their wallet. Currency/money and the modern financial system allowed the economy to boom – connected billions of suppliers/consumers What gets in the way? Laws, taxes and regulations –to protect us, or provide growth in the government (expand capacity or revenues) I used to think that if we got rid of taxes, regulations, etc, we would have a free market Forgot the fact that the very cost of money is controlled (interest rates) – along with the supply of money At the higher level – this probably has more impact on the economy running inefficiently – a massive build-up of debt of nations and slowing growth There is no true free market - That was a quick overview of the nature of an economy and concept of the free market – Why is it important to know this? Looking at How to prepare crash revolves around looking at the interaction between these elements Goes beyond just human behaviours now with Government and regulators – as the outcome is based around what is allowed and what can be done – There is no way to be able to exactly call when where how on a crash – almost like predicting the weather – condition changes Start – most crashes are behaviour triggered, but system created Allows people to do what the system allows So behaviours create it in the system of the economy A much better idea about what would happen after based around looking at the system – Government – what can they do? Crashes of the past – panic selling - Most of crashes is behaviours – Governments step in to try to stop panics – showing action – Why govs banned short selling in GFC – otherwise it becomes a race to the bottom Also why the ‘bailouts’ occurred – action by gov to stop panic of banks/insurers going out of business The Gov has to show action – otherwise people may panic more making it worse – While action in the short term can reduce the panic – can lead to a massive problem down the road The actions the Government can take have to be legal though – laws/regulations tells us exactly how governments will act – just have to pay attention – so what can Governments do now that they couldn’t pre-2005? What if it blocked us from selling shares, or withdrawing money? Or take our deposits, or bank notes to bail out the economy? Take the cash out of your bank and freeze you selling any investments? Along with telling investment manager, stock exchanges, super funds to not trade a thing? It sounds like an impossibility, right? But sadly, Govs of the world think it can remove individual behaviours through similar policies nothing really new after all – just a massive increase in scope that they are slowly working towards Where to invest if the Gov can freeze bank accounts, convert or write off money invested/deposited with them?   What do the laws say is up for grabs in the next crash? Brings us to what are called Bail in laws – looking at these shows what to avoid investing in going forward Story to tell here – Cyprus, USA, Brisbane 2014, EU and AUS/NZ today – as bail in laws have been a decade in the making - There are one of the 3 alternative actions which can be taken in respect of a distressed bank Bankruptcy and liquidation of the bank, Bail-out, Bail-in Let a company fail, or find capital to provide liquidity (i.e. cash to pay off their debt obligations – debt>value) Why are bail in/outs needed? Economy is reliant on companies to run – producers – Letting them go bankrupt can be bad for the economy (which we are a part off) but sometimes one company gets so big that if one goes, they all go – house of cards - the concept of ‘too big to fail’ We saw bail outs in 2008 – large banks and insurance companies given funds as part of a securities purchase program of MBS or other debt instruments/derivatives – i.e. Given face value on an asset that’s prices are cents on the dollar injected $700 billion into some of the biggest financial institutions in the country Bank of America Corp. Citigroup, AIG But the government doesn't have its own money, so it must use taxpayer funds in such cases But that is limited to access based around the ire of the population   Enter Bail in (like a bailout) Still provides relief to a financial institution on the brink of failure through a resolution scheme used in distressed situations – list of what to do A bail-in is the opposite of a bailout – funds don’t come from external parties (i.e. governments using taxpayers’ money) With a bank bail-in - money of unsecured creditors (depositors and bondholders, hybrid securities, etc.) is used to restructure a banks capital to remain solvent – i.e. use certain liabilities on their book and convert them into worthless assets, essentially turning what was a debt into nothing - restructure the books Imagine that someone loaned you money to start a business – but the business is now bankrupt, so you tell your friend that you will give them some shares in your business to repay the loan bail-in and a bailout are both designed to prevent the complete collapse of a failing bank. The difference lies primarily in who bears the financial burden of rescuing the bank. Bailouts help to keep creditors from losses while bail-ins mandate creditors take losses   Bail-ins are becoming popular Bail-in schemes are being more broadly considered across the globe as a first phase resolution to help mitigate the number of taxpayers’ funds used in supporting distressed entities – Timeline – going back USA - The financial crisis of 2008 ushered in the term "too big to fail," Good phrasing for regulators and politicians – gives a rationale for rescuing some of the country's largest financial institutions with taxpayer-funded bailouts Public wasn’t happy – Occupy wallstreet - Congress passed the Dodd-Frank Wall Street Reform and Consumer Act of January 2010 eliminated the option of bank bailouts but opened the door for bank bail-ins modelled after a cross-border framework and requirements set forth in Basel III International Reforms 2 for the banking system of the European Union creates statutory bail-ins - Fed, the FDIC and SEC (alphabet soups) authority over companies in receivership But expanded the net of what companies fall under this legislation – now they can control non-banking institutions systemically important bank (SIB) - is a bank whose failure might trigger a financial crisis, or systemically important financial institution (SIFI) - insurance company, or other financial institution Insurances – Allianz, AIG, AXA, MetLife (few) Cyprus 2013 - uninsured depositors (defined in the EU as people with deposits larger than 100,000 euros) in the Bank of Cyprus lost a substantial portion of their deposits depositors received bank stock – but the value of the shares was at a fraction of the cashes Brisbane 2014 - Financial Stability Board (2009) and the International Organization of Securities Commissions mandate from the G20 and the Financial Stability board and the implementation of bail in regulations EU - In 2018 - incorporating bail-ins into its resolution framework the banking systems in EU distressed - low or negative interest rates, more bank bail-ins are a strong possibility. Today - Deposit Bail-In -overt example now in New Zealand under the Open Banking Resolution Australia – passed a mini version of this at start of 2018 - Financial Sector Legislation Amendment (Crisis Resolution Powers and Other Measures) Act 2018 Treasury and politicians say there is no intent to bail-in deposits to rescue a failing bank Can’t comment on their intent – but had a fun weekend diving into this legislation – true that doesn’t say they can But doesn’t say they can’t either –in conjunction with other legislation though – Banks T&C - not impossible Actually – relatively easy – banks just need to reclassify deposits, can do without your consent What is definitely in there at this stage? - certain instruments and unsecured debts (deposits are this to a bank) to convert into shares – cover this and more in another ep Cover Types of assets to watch out for further – at some point in time – economy will take another tumble – who knows what bit of white noise will eventually trigger it But what types to avoid investing in is a start to protect your financial security – Run through this in another ep Thanks for listening! Sorry it was a heavy topic – thought I would share it though as there hasn’t been much discussion on this topic – why? Cover this in this Friday’s ep – and the investments next week.   If you want to get in contact you can do so here

On this episode, we explore climate-related risk and how it is being managed in today’s financial world. We’re joined by John Colas, Partner and Vice Chairman of Oliver Wyman Financial Services Americas.  John was part of the team assisting the United Nations Environment Programme – Finance Initiative (UNEP FI) to develop a framework to assess and disclose climate-related risk factors.  This project focused on piloting the recommendations of the Financial Stability Board’s Task Force on Climate Related Financial Disclosure (TCFD) and its recommendations around scenario analysis of climate risk.   John and Michael discuss this work as well as John’s background in risk and strategy and how it translates to the topic of sustainability and climate change.    For full show notes and links mentioned in this episode, visit http://bmo.com/sustainabilityleaders

Financial Stability Board (FSB) Secretary-General Dietrich Domanski joins the IIF GRU. Dietrich discusses the Board’s workplan for 2019, as well emerging policy issues in the digital space. Dietrich outlines the four key areas of focus for the FSB going forward: addressing new and emerging vulnerabilities in the financial system, finalizing and operationalizing post-crisis reforms, implementing and evaluating the effects of the reforms adopted over the past 10 years. Similarly, he comments on the recent report on Fintech and Financial Sector Structure and its main findings regarding BigTechs inroads into finance.

Three years in the making, bitcoin's first sidechain, called "Liquid", is now live. The Financial Stability Board says that cryptocurrencies and digital assets are not currently a threat to global financial stability. The Securities and Exchange Commission goes after an alleged pump-and-dump scheme involving a $100 million ICO. Cryptocurrency exchange Gemini hires another Wall street executive Blockchain finance firm Clearmatics Technologies raises over $12 million in a Series A funding round. Late Confirmation is a CoinDesk production made in collaboration with The Podglomerate.For more information, visit www.CoinDesk.com

Jesse McWaters speaks about analyzing the impact of blockchain technology on industry and society at the World Economic Forum, disruption vs. collaboration in the financial sector, why blockchain technology gives people a license to image a future without constraint, the role of established financial institutions in the cryptoasset space, why the road of blockchain entrepreneurs differs from those in the FinTech space, how the blockchain narrative changed in recent years, blockchain regulation, checks and balances, code of conduct in ICOs, why blockchain technology might become less of a binary idea in the future, and much more. Jesse leads the World Economic Forum's exploration of fintech and financial innovation where he works with financial executives, regulators and a global network of innovators to analyze the implications of open banking, blockchains, digital identity, and AI on the financial sector and society. Jesse is a frequent speaker and media commentator on CNBC's Closing Bell, in the Financial Times, The Wall Street Journal, Wired, and the New York Times and he has presented his analyses to financial institutions and global policymakers such as the Financial Stability Board, the Basel Committee on Banking Supervision, the Federal Reserve Board, the Peoples Bank of China, the European Parliament, and the FDIC. Jesse McWaters: https://www.weforum.org/agenda/authors/jesse-mcwaters/, https://twitter.com/rjmcwaters Previous interview with Jesse for my blockchain documentary (2017): https://blockchain-documentary.com/jesse-mcwaters-wef/ The Blockchain and Us newsletter To stay up to date about what blockchain pioneers, innovators and entrepreneurs from all around the world think about the future of this space, sign up for the newsletter.

On today's 'Global Exchange' Podcast, we continue our new series on the state of Canadian trade in a world of growing protectionism and populism. Today's episode, recorded during our February 13th State of Trade conference in Ottawa, features an overview of Canadian trade policy by the Deputy Minister of International Trade, Timothy Sargent. Bios: Colin Robertson (host) - A former Canadian diplomat, Colin Robertson is Vice President of the Canadian Global Affairs Institute. Timothy Sargent - The Prime Minister of Canada appointed Timothy Sargent to the position of deputy minister for international trade effective October 24, 2016. Prior to joining Global Affairs Canada, Mr. Sargent was an associate deputy minister at Finance Canada and the department's senior representative to the G7, the G20 and to the Financial Stability Board of the G20, between November 2014 and October 2016. Related Links: - "Canada's State of Trade: At Home and Beyond" [CGAI Conference Information] (www.cgai.ca/canada_s_state_of_t…_at_home_and_beyond) - "2018 International Trade Series Papers" [CGAI Paper Series] (www.cgai.ca/international_trade_series) - "Managing Trump: The Canadian Response" by Colin Robertson [CGAI Policy Update] (www.cgai.ca/managing_trump_the_canadian_response) - "Surviving and Thriving in the Digital Economy" [CGAI-SPP Policy Paper] (https://www.cgai.ca/surviving_and_thriving_in_the_digital_economy) - "NAFTA Renegotiations: Fish or Cut Bait" [CGAI Policy Update] (https://www.cgai.ca/nafta_renegotiations_fish_or_cut_bait) Recording Date: February 13th, 2018 Follow the Canadian Global Affairs Institute on Facebook, Twitter (@CAGlobalAffairs), or on Linkedin. Head over to our website at cgai.ca for more commentary. Produced by Jared Maltais. Music credits to Drew Phillips.

Patrick Jenkins and guests discuss the growing pressure on Barclays to turn round recent poor performance after activist investor Edward Bramson took a significant stake, a change of gear at the Financial Stability Board which is putting new policy initiatives on pause, and PayPal's growth prospects in Asia. With special guest Rohan Mahadevan, head of PayPal in Asia. See acast.com/privacy for privacy and opt-out information.

On the podcast, Anthony and James examine the CME’s entrance into the bitcoin space and then take a look at the Financial Stability Board’s (FSB) report that delves into artificial intelligence (AI). Anthony then waxes poetic about his beloved Houston Astros. 1:55 A quick preview of Waters USA in December. 3:05 CME plans to launch futures on bitcoin in Q4 2017. 13:10 The FSB put out a report expressing concern about the proliferation of AI in the capital markets. 22:00 The Houston Astros are World Series champions… and that means Anthony gets to run his mouth. http://events.waterstechnology.com/watersusa https://www.waterstechnology.com/exchanges-trading-venues/3440966/cme-brings-bitcoin-into-mainstream-with-futures-launch https://www.waterstechnology.com/regulation-compliance/3441391/fsb-warns-artificial-intelligence-could-present-systemic-risks

In the first installment of this series, Jeremy Davis (Vice President, Media and Events, GARP) speaks to Mary Schapiro (29th Chair of the Securities and Exchange Commission) about her work with the Financial Stability Board’s task force. This series will explore the future of risk and risk management in various sectors across the industry. This episode explores Schapiro’s work with the task force on climate-related financial disclosures. For further information, you can go to the TCFD website .  

Hans and Sue provide an update on the latest developments on IFRS 17 Insurance Contracts, including the Financial Stability Board’s statement on the Standard. They also talk about some of the materials the IFRS Foundation is making available to help companies prepare for the implementation of the Standard and provide an overview of investor feedback on the new accounting requirements. Sue also talks about the Board’s lively discussion about the Materiality Practice Statement, the Board’s plans to issue a minor amendment to IFRS 9 Financial Instruments. Hans summarises the education sessions on goodwill and impairment and rate-regulated activities.

Hans and Sue provide an update on the latest developments on IFRS 17 Insurance Contracts, including the Financial Stability Board’s statement on the Standard. They also talk about some of the materials the IFRS Foundation is making available to help companies prepare for the implementation of the Standard and provide an overview of investor feedback on the new accounting requirements. Sue also talks about the Board’s lively discussion about the Materiality Practice Statement, the Board’s plans to issue a minor amendment to IFRS 9 Financial Instruments. Hans summarises the education sessions on goodwill and impairment and rate-regulated activities.

Nick Robins, United Nations Environment Programme (UNEP). Across the world, there are growing efforts to connect the financial systems with the strategic goal of achieving sustainable development. Financial institutions, financial regulators and central banks are increasingly incorporating environmental and social factors into the activities. The G20 has championed green finance and the Financial Stability Board has promoted climate disclosure - both unthinkable a few years ago. This momentum is promising but remains insufficient. This lecture will review the evolution of this agenda, the role of the UN Environment's Finance Inquiry and some of the key that can be taken in 2017 to accelerate progress. Nick Robins Biography: Nick Robins works at the United Nations Environment Programme (UNEP), where he is co-director of the inquiry into the Design of a Sustainable Financial System. The Inquiry promotes policies that better connect the financial system with long-term sustainable development. The Inquiry published its first global report. The Financial System We Need, in October 2015 and the second edition, From Momentum to Transformation, in September 2016. His particular focus has been on national initiatives in Brazil, the EU, France, India, Italy and the UK, along with action in key sectors such as banking, insurance and institutional investment. Nick Robins has over 20 years' experience in the policy, research and financial dimensions of sustainable development. Before joining UNEP, he was Head of the Climate Change Centre of Excellence at HSBC in London from 2007 to 2014, where he produced investment research on issues such as lean tech and climate risk. In the Thomson Extel awards for European investment research, Nick was ranked as no 1 analyst for integrated climate change in 2009, 2011, 2012 and 2013. Prior to HSBC, Nick was first head of Sustainable and Responsible Investment (SRI) research and then head of the SRI funds at Henderson Global Investors. At Henderson, he published the first ever carbon audit of an investment fund (2005) and co-designed the Industries of the Future fund. Nick has also worked for the International Institute of Environment and Development, the European Commission's Environment Directorate and was part of the original Business Council for Sustainable Development. Nick has authored two books - The Corporation that Changed the World: How the East India Company Shaped the Modern Multinational (2006) and Sustainable Investing: the Art of Long-Term Performance (with Cary Krosinsky, 2008). He has also produced numerous reports and has had articles published by the Financial Times, the Guardian, and Huffington Post. Speaker(s): Nick Robins (UNEP), Dr. Ulrich Volz (SOAS) Event Date: 1 February 2017 Released by: SOAS Economics Podcast

Forward-thinking investors have long known of the risks associated not just with climate change but with related systemic risks to long-term prosperity such as water scarcity and inequality of opportunity. In response, France has introduced an Energy Transition Law that includes regulations requiring investors to align their portfolios with a 2°C world. Different global financial centres are now also bidding to become centres of green finance. Growing questions are now being asked about when Europe will get on the front foot and capitalise on this momentum. Actions seem ever more urgent, given that the European Systemic Risk Board and the Dutch Central Bank have both expressed concerns about the threat of climate change to financial stability in Europe. Furthermore, the G20 and Financial Stability Board are due to report this year both on Green Finance and on climate-related financial disclosures. This seminar looked at how the European Union could respond to this growing pressure and deliver a Green Capital Markets Union. http://bruegel.org/events/green-cmu/

Patrick Jenkins and guests discuss the lobby group City UK's agenda for making London more competitive, the Financial Stability Board's latest bank capital measure and a change in hiring practices by Goldman Sachs. See acast.com/privacy for privacy and opt-out information.

WHY fears of an economic slump in America are overblown, and why Mark Carney's Financial Stability Board is taking aim at asset managers See acast.com/privacy for privacy and opt-out information.

It sounds like something from a science fiction movie: a shadow world that exists alongside the one we know. But “shadow banking” – an unregulated, opaque world of financial dealings that functions alongside usual commercial banking practices – is very real. And the transactions these institutions conduct have the potential to affect the affairs of investors and bank users throughout the country. Shadow banking hit the news recently because of concerns about the scope of unregulated financial dealings in China. But it turns out that the United States is the home of the most shadow institutions in the world. And although shadow banks are legal, their very nature makes them vulnerable to crashing – and their involvement with the home mortgage industry means that homebuyers of all kinds could be affected. The Financial Stability Board, a supervisory board of financial experts that oversees banking practices, defines shadow banking as unregulated banking activity that falls outside the definition of a commercial bank. According to the FSB, if an institution performs the core functions of a bank – taking the deposits of savers and using them to make long term loans to others, but isn’t subject to banking regulations and oversight, it’s a shadow institution. Shadow banking isn’t illegal, and because these institutions operate largely on the level of investing and the buying and selling of securities, it might appear that the average bank customer would be unaffected by any of their activities. But shadow institutors played a role in the great housing collapse of 2008 and the massive number of transactions involving mortgage loans hat followed – and the fact that home mortgage loans that have been bought and sold numerous times may pass through the hands of shadow bankers means that mortgage applicants around the country could be affected by this kind of transaction. The Federal Reserve’s newsmaking stimulus plan put the term “mortgage backed security” into the news. And that “securitization chain’ is how home mortgage loans become trapped in the shadow banking system. Those home loans that have been sold and resold eventually end up as part of a loan package used to back the value of securities that are then purchased by investors or government entities. But if those loans go bad or loan holders fall victim to unethical lending practices, there’s little recourse. Because shadow banking is unregulated, it falls outside the scope of financial legislation and banking oversight that followed the crash. Shadow banking is a world of secrecy too, as these institutions aren’t bound to release information about their practices. And, if one of these institutions falls into crisis, it won’t be able to turn to the Federal Reserve or other government mandated fail safes for help. And that means little recourse for those involved in the transaction. The FSB and other bank regulators are attempting to collect data on the scope and practices of shadow banking in the US, but true to it nature, little is known. But income property investors may want to follow Jason Hartman’s advice to stay aware and informed – and keep their transactions out of the shadows. 

Patrick Jenkins is joined by Lord Green to discuss what the question of the UK's continued membership of the EU means for London's financial sector. Also on the show this week Sam Fleming reports from Basel on the latest proposals for banks' capital from the Financial Stability Board, and Dan Schäfer has the latest on looming settlements over manipulation of the foreign exchange and precious metals markets See acast.com/privacy for privacy and opt-out information.

To advocates like Tom Friedman, “Globalization” is a wonderful and natural process to which people need to adjust. To some critics, it is a dangerous pattern that needs to be resisted through public authority. And to others it is a process that is not natural at all, but encouraged by public policy that serves some interests at the expense of others. If globalization were governed, how would that work, and in whose interest? Are there, in fact, efforts to govern aspects of globalization, such as international finance or global environmental threats, now? If so, how do or can they work, in the absence of world government? Tony Porter is one of the world’s leading scholars of business regulation and global governance, especially financial regulation and processes of hybrid public/private rule-making that cross international borders. Some of his recent research has studied creation of transnational rules produced by business associations and international standard-setting bodies; the Financial Stability Board created to coordinate central banks and national financial regulators in the wake of the financial crisis; and influences on international elites from processes such as OECD peer reviews of “best practices” in national governance. Professor Porter’s newest edited volume, Transnational Financial Regulation after the Crisis (Routledge), includes a chapter by our own Professor Lavelle and will be released shortly before his visit to CWRU.

Martin Arnold is joined from Hong Kong by Henny Sender, chief international finance correspondent, for an inside look at BlackRock, where plans for Larry Fink's succession are picking up speed. Sam Fleming has news that the Financial Stability Board is considering putting asset managers under closer scrutiny, treating them as Global Systemically Important Financial Institutions, a classification currently reserved for big banks and insurers. Finally, Dan Schäfer looks ahead to Q1 results for the big US and European banks, with JPMorgan among several big names expected to see falls in fixed income trading revenues See acast.com/privacy for privacy and opt-out information.

PODCAST SATELLITE / The Voice of IsraelWWW.PODCASTSATELLITE.COMwith Prince Handley  PROPHETIC CALENDAR FOR ISRAEL & THE GOYIMTHE NEXT DECADE: 2014 THRU 2023WATCH FOR THESE EVENTS You can listen to this message NOW.Click on the LibSyn pod circle at top left. (Allow images to display.)Listen NOW or download for later.  You can also listen here >>> LISTEN NOW  After you listen to this message, you can scroll down for all messagespreviously in the Archives (with Show Notes).  Please email this message to a friend.  24/7 release of Prince Handley blogs, teachings, and podcasts >>> STREAM  Text: "follow princehandley" to 40404 (in USA)  Or, Twitter: princehandley  _____________________________________  DESCRIPTION:If you are Jewish … and if you live in Israel … here are specific events to watch for. Many of these events are “signs” pre-recorded in the Hebrew scriptures to alert you.  1. To let you know HOW and by WHAT MEANS your enemies will deceive you; and, 2. To prepare you for the coming of Mashiach to Israel to establish His Kingdom.  If you are NOT Jewish, and you do not live in Israel … then for sure study this info.  Prophetic events for the decade 2014 thru 2023. Intel and info to help you prepare.PLUS ... NEW Global banking info and intel on the 10 world leaders to arise.  _____________________________________  PROPHETIC CALENDAR FOR ISRAEL & THE GOYIMTHE NEXT DECADE: 2014 THRU 2023WATCH FOR THESE EVENTS   New developments of international law (United Nations) and world government in association with the International Criminal Court with possible warrants for the arrests of Israeli political and military leaders. (These also work concomitantly with pressure on Bibi Netanyahu to go along with West Bank concessions to Abbas and Palestinians: A ploy endorsed secretly by Obama and Kerry for the deadline of signing by April 29, 2014.) The expansion of the global homosexual-lesbian agenda fulfilling the prophecy of Yeshua concerning conditions on Planet Earth before the appearing of Mashiach. (Brit Chadashah: “As it was in the days of Lot, so shall It be in the days of the appearing of the Son of Man.” (see Torah: Genesis Chapter 19) Civil and military strife in the confines of the Euphrates River: Turkey, Syria, and Iraq. World War III will ultimately – in the future – emerge from this area (the 6th Trumpet of Revelation: Chapter 9, verses 13-21). One-third of the world's population will be killed as a result of this war. This will NOT affect Israel now, but will in the future. The loss of critical alliance of the USA and its leadership in helping Israel. Unless the political landscape changes drastically in the USA, Israel will be “hung out to dry.” There is a lack of majority of leaders in both major political parties with real “backbone” of leadership in the USA anymore. Only a MIRACLE from G-d can change the current political climate in the USA and cause her to again be a real supporter of Israel. More control over the minds of youth in countries outside of – and opposed to – Israel. This is not just in the Palestinian camp where young people are taught to hate Jews. This is happening in Germany, USA, and other “Western” camp countries influential in Global Politics and ideology. Germany, the enabler of Naziism, hates home schooling. In the USA, the Obama administration wants to eliminate home schooling; to require all students to be in public overview so they can be taught “worldview” without religious contradiction: tolerance and political correctness. The political, psychological and sociological pressures on Israel and the Jewish People in 10 more years – if not less – will be exacerbated.1 EDITOR'S NOTE: The false messiah (anti-Messiah)2, like Hitler, knows he must control the minds of youth in order to accomplish global domination. His world view must be taught in public (government controlled) school systems globally. The government must control the school systems for the world dictator to rule without opposition: politically, financially (thru entitlements and purchased votes via unions), and ideologically. Peace accord signed by April 29th. USA President Obama and Secretary of State, John Kerry, are pushing for a Middle East peace agreement to be signed between Israel and the Palestinians by April 29th. This may or may not happen; however, if it does happen – and IF it is the Seven Year Covenant spoken of by Daniel the Prophet – , the Sixth Trumpet of Revelation may occur during the first three and one-half years after signing. WHY? The Sixth Trumpet marks the beginning of the Euphrates conflict (Revelation Chapter 9:14-15) which explodes into World War III with the one-third of the human population being killed. This will make a perfect backdrop for the anti-Christ to rise to power with his promise of world peace. A future Seven Year Peace Accord is prophesied and definite! The peace accord designed by Obama-Kerry may or may not be the Seven Year Covenant which Daniel the Prophet (Tanakh: Daniel Chapter 9, verse 27) told us about. However, the New World Leader (false messiah, anti-messiah or anti-Christ) will probably rise to power as the result of the Euphrates conflict, and he will make a Seven Year Covenant (the one prophesied) between Israel and the Palestinians. We know that three and one-half years after a seven year peace treaty (covenant) is signed that the false messiah will go into the Jewish Temple and proclaim that he is god. After the BIG – prophesied – Seven Year Covenant is signed, (may NOT be in 2014) there will be two (2) distinct periods of 42 months or three and one-half years. The Jews will be allowed to rebuild their Temple on the Temple Mount. In the middle of the seven years (at the end of the first half) the World Leader (the “Beast” or anti-Messiah) will order the Jews to stop the animal sacrifices and he will go into the Temple and commit an abomination (proclaim that he is God and/or Messiah). See Tanakh: Daniel 8:9-14, Daniel 9:27 and Brit Chadashah: Revelation 11:2, 13:5; 2 Thessalonians 2:1-4. EDITOR'S NOTE: Be aware that in the midst (in between) the events I have described happening for the next decade (2014 thru 2013) the following events MAY also happen: 1. A Middle East war that will place Israel in control of the whole Middle East. A war between Israel and all of the Middle East MAY happen, not just bordering Arab states like Lebanon, Syria, and Jordan. Israel will "fly down upon the shoulder of the Philistines (the Palestinians) to the west". In context Israel will strike against Egypt and Iraq (Assyria) and "plunder the people of the East." Israel MAY control these nations, and evidently, their wealth as a result of the plundering. Lexicographically, the "people of the East" include the Arab nations of Saudi Arabia, Yemen, Kuwait, Bahrain, UAE, and others. Notice that most prophecy teachers will NOT cover this as it is NOT “general” enough to protect them if it does NOT take place. They may make a partial allusion to this conflict by reference to Psalm 83 with expanded hyperbole! You may study specifics about this conflict by clicking on the link in the paragraph above. 2. The Ezekiel 38 conflict. See what Ezekiel is saying to us TODAY. Russia, Turkey, Iran and other Middle East and North East African nations will form an alliance to attack Israel. This we know for sure. Realize that BEFORE the LORD wipes out the Magog Alliance on the hills of Israel (Ezekiel 38 and 39), there is an attack planned upon Israel by Iran. This is evident by Iranian posture and declarations, by Intel, and by present geopolitical climate. This attack is imminent. 3. An unexpected attack upon the USA or Israel by Asian / Eastern power(s). In the last days their will be a major military, political, and economic force that arises from the East. This could include present day Iraq, Syria, Eastern Turkey, the southern steppes of Russia (from the former USSR), Iran, Afghanistan, Pakistan, China, or North Korea. This force may be an amalgamation of national and cultural social interests flowing together for advancement, protection, control and power. 4. Cosmic “signs” that may appear. (NOTE: These are NOT what Yeshua was talking about in Matthew 24:29 when he was quoting Joel 2:31.)  Red blood moons and other signs associated with the Jewish feasts and holidays: Passover, April 15, 2014Feast of Tabernacles, October 8, 2014Passover, April 4, 2015Feast of Tabernacles, September 28, 2015 These four Red Blood Moons are known as "Tetrads" and have appeared in coordination with Jewish Feast Days of Passover and Tabernacles three (3) times in the last 500 years, so they may definitely be something to consider as signs dealing with Israel. Each of these three times were during times of persecution and / or attack on the Jews or Israel and MAY be future prophetic indicators. 1493-94 (After the Spanish Inquistion in 1492 under King Ferdinand in Spain.)1949-50 (After Israel won the Arab - Israeli War of Independence in 1948.)1967-68 (After the Six Day War won by Israel in 1967.) POST NOTE: The April 15 "Red Blood Moon" mentioned above March 27, 2014, appeared as scheduled April 15, 2014. Here are several photos taken by people in different countries where it could be seen: PHOTOS OF BLOOD RED MOON APRIL 15, 2014. Check out, "Your Views of the Blood Moon" #22.   5. Judgment upon Egypt with the Nile River drying up. Three places in the Tanakh (the Old Testament), the scriptures speak of the Nile River being dried up because of judgment from the LORD. This has NOT happened yet: Isaiah 19:5, Ezekiel 30:12, and Zechariah 10:11. Equalization of the nations of the world with unequal wealth distribution. WhileMarxists and socialists like Obama propagate “wealth distribution,”9 the truth is that they (the ones who promote the concept) are on the “wealth gleaning”9 side of the equation. Fact: 83 members of Communist China's National People's Congress (NPC) are billionaires in terms of US Dollars.3Ask Barack and Michelle Obama what percentage of their income they gave to charity! The poorer and less educated populace in socialist dominated countries are coerced, propagandized or bought off in a tradeoff of “votes for handouts.” The scriptures prophesy global equalization to facilitate One World Government. Just as Global (one-world) Religion and Global (one-world) Economic System are necessary for control of the populace, so is Global (one-world) Government. World domination is contingent upon the evolution or formation of a Global Elite sector: a small group of people … extremely wealthy9 and powerful … who control political and economic sectors. You can read about such control in Revelation Chapter 18, and notice there are 21 specific – literal – commodities listed. Study “Babylon, the Enemy of Israel, Exposed – Part 1” and “Babylon, the Enemy of Israel, Exposed – Part 2.” GFC4 – FSB5 – G-SIB6 – BIS7 – OPMF8 are synonyms for International cooperation for a Super Bank that controls ALL central banks. Talk about inflation? You haven't seen anything yet! See Prince Handley's prophecy of a Global Financial Collapse dated Tuesday, May 6, 2008. The Global Financial Crisis of 2008 will pale in comparison to what you see happen next. This conglomeration will produce a windfall of “false money” – money that is stolen from the public – resulting in a cycle of endless and greater financial controls that will prepare the way for The Mark of the Beast: 666. EDITOR'S NOTE: 1. A one-world currency is NOT necessary for the New Global Economy prophesied by the Holy Bible … only Global Financial Control. 2. Also, do NOT put long range trust in gold as it may be regulated in the future. Put your trust in the G-d of Israel. 3. Use your credit cards and enjoy them, but realize that each new innovation in card / credit technology is one more step closer to control that will be ultimately utilized by the Global System of The Beast. Hyper inflation9 or stagflation will create economic havoc for most of the population. Recent gains in the stock market (Dow at 17,000) create a false sense of security among investors. As our money loses value due to government printing false money (increasing money supply or “quantitative easing”), prices go UP … and so do stocks! The stock market is NOT gaining value … our money is losing value! The economy is about to fall apart. The Federal Reserve Board knows this. The Fed is simply “propping up” the economy by “quantitative easing” and low interest rates. The new head of the Fed, Janet Yellen, is in complete agreement with the Obama strategy of injecting more than $3 Trillion Dollars of “stimulus funds” into the economy. EDITOR'S NOTE:: While in graduate school I worked for the Federal Reserve Bank twice. There was NO privacy then, so don't think there is now! Technology and Super Science. Development of world's fastest WiFi in Israel. Wilocity, located in Caesarea, Israel, is delivering the world's first multi-gigabit wireless chipsets based on the new WiGig 60GHz and IEEE802.11ad standards for super high-speed downloads, docking, networking, and high definition video at over 10x today's typical Wi-Fi transmission rates. Almost 25 times faster than the highest home internet speeds. You can download a two hour HD movie in just over two minutes, run 14 devices simultaneously, or download 10 songs in 1.5 seconds. The potential to propagate the Good News of Messiah and the Word of the LORD globally is exponentially increasing in these Last Days. “But you, Daniel, shut up the words and seal the book until the time of the end; many shall run to and fro, and knowledge shall increase.” (Tanakh: Daniel 12:4)   WHAT TO WATCH FOR PROBABLYAFTER THE NEXT DECADEA KEY ENDTIME GEOPOLITICO SCENARIO Ten national leaders – heads of governments – will arise during the same time period. These ten world leaders will receive power during the same time period as the coming World Leader (“The Beast”). The ten leaders will have “one mind” and will give their power and strength unto the false messiah, the anti-Christ (“The Beast”). These ten world leaders will have power on earth, but they are NOT from the earth.11 They are extra-terrestrial creatures. How do we know? Revelation 17:14 says, “These shall (at the very end of the last three and one-half years) make war with The Lamb.” The Lamb is Yeshua HaMashiach (Jesus, the Messiah) who will come to deliver Israel at the Battle of Armageddon. No earthly king or leader could oppose the Messiah when he returns. Only stupid demonic beings of the “spirit” world who follow Satan would attempt such an act. The ANSWER: Make sure you know the Messiah. Do NOT wait until the spirit of deception10prophesied in the Holy Bible overtakes you and you can no longer be saved. Pray this prayer: “God of Abraham, Isaac and Jacob, please reveal to me if Yeshua (Jesus) is my Messiah. If so, I ask Him to take control of my life – to be my Lord . Please save me. Forgive my sins and help me to live for You … and take me to Heaven when I die. Amen!” Baruch haba b'Shem Adonai. Your friend, Prince HandleyPresident / RegentUniversity of Excellence Copyright © Prince Handley 2014All rights reserved.    ______________________________________________  If you feel the LORD would like you to help Prince Handleydeliver the message of Good News to Israel and the world,   A TAX DEDUCTIBLE RECEIPT WILL BE SENT TO YOU______________________________________________   FOOTNOTES: Romeike vs. Holder. http://www.eagleforum.org/projects/courtwatch/romeike-homeschooling-case.html False messiah, anti-Messiah, the Beast: Tanakh: Daniel Chapter 9 (verse 27), Daniel Chapter 11 (verse 31), Daniel Chapter 12 (verse 11); and, Brit Chadashah: Matiyahu Chapter 24 (verse 15), Revelation Chapter 13 (verses 1 thru 10). The USA has only one billionaire in politics: Michael Bloomberg of New York. GFC. Global Financial Crisis with primary manifestation in 2008 (originated in 2007) and accelerated by corrupt government buyouts of failing institutions, especially in USA. FSB. Financial Stability Board created in 2008 by the G20 countries to regulate and control the international financial system. G-SIB. 29 Globally Systematically Important Banks. The biggest internationally connected banks to be favored and protected in time of economic crisis (even if embezzlement, corruption and mismanagement are the facilitators). BIS. Bank of International Settlements in Basel, Switzerland. Acts as a SUPER bank for ALL individual country central banks. OPMF. Outright Permanent Money Finance. This will create giant, immoral, unethical money transfers and a greater disparity in wealth distribution. Money can be created out of nowhere (like USA present Fed policy of “quantitative easing”) and given to governments. This, of course, magnanimously decreases the value of your money. (More supply … less demand or value.) Inflation and wealth distribution with wealth gleaning on the top end. Economic disruption. The problem is NOT famine, but inflation and scarcity. Revelation 6:5-6. Spirit of deception prophesied in the Holy Bible. 2 Thessalonians 2:9-11. Ten national leaders that arise during the Time of the End. The development of a hybrid species in the end times – through which the anti-Christ MAY derive his submissive leadership core– could well be the result of fallen spirit forces (demons) facilitating the same, rather than aliens from another planet.These fallen spirit forces (demons) may be from extra-dimensional time-space: not from other planets, but from a megaverse (outside our traditonal concept of space-time continuum). See “2014 Boolean Blog: Israel and the Four F's of the Last Days,” by Prince Handley. (Scroll down to the section on “Fallen spirits.”)   Podcast time: 20 minutes, 58 seconds.   Copyright 2014 Prince HandleyAll rights reserved  __________  24/7 Prince Handley BLOGS, teachings, and podcastsClick the Dove above_______________World ServicesBox ADowney, California 90241 USA     University of Excellence http://www.uofe.org/Prince Handley Portal http://www.princehandley.comSubscribe to The Healing and Miracle Podcast here: SUBSCRIBESubscribe to The Voice of Israel Podcast here: SUBSCRIBEHealing and Miracle Podcast: http://www.healing.libsyn.comVoice of Israel Podcast: http://www.podcastsatellite.libsyn.com/Rabbinical Studies: http://www.realmiracles.com/rabbinical.htmIsrael News and Prophecy: http://www.podcastsatellite.com/If you need healing, deliverance, or prayer, email to: princehandley@gmail.com  

PODCAST SATELLITE / The Voice of IsraelWWW.PODCASTSATELLITE.COMwith Prince Handley  PROPHETIC CALENDAR FOR ISRAEL & THE GOYIMTHE NEXT DECADE: 2014 THRU 2023WATCH FOR THESE EVENTS You can listen to this message NOW.Click on the LibSyn pod circle at top left. (Allow images to display.)Listen NOW or download for later.  You can also listen here >>> LISTEN NOW  After you listen to this message, you can scroll down for all messagespreviously in the Archives (with Show Notes).  Please email this message to a friend.  24/7 release of Prince Handley blogs, teachings, and podcasts >>> STREAM  Text: "follow princehandley" to 40404 (in USA)  Or, Twitter: princehandley  _____________________________________  DESCRIPTION:If you are Jewish … and if you live in Israel … here are specific events to watch for. Many of these events are “signs” pre-recorded in the Hebrew scriptures to alert you.  1. To let you know HOW and by WHAT MEANS your enemies will deceive you; and, 2. To prepare you for the coming of Mashiach to Israel to establish His Kingdom.  If you are NOT Jewish, and you do not live in Israel … then for sure study this info.  Prophetic events for the decade 2014 thru 2023. Intel and info to help you prepare.PLUS ... NEW Global banking info and intel on the 10 world leaders to arise.  _____________________________________  PROPHETIC CALENDAR FOR ISRAEL & THE GOYIMTHE NEXT DECADE: 2014 THRU 2023WATCH FOR THESE EVENTS   New developments of international law (United Nations) and world government in association with the International Criminal Court with possible warrants for the arrests of Israeli political and military leaders. (These also work concomitantly with pressure on Bibi Netanyahu to go along with West Bank concessions to Abbas and Palestinians: A ploy endorsed secretly by Obama and Kerry for the deadline of signing by April 29, 2014.) The expansion of the global homosexual-lesbian agenda fulfilling the prophecy of Yeshua concerning conditions on Planet Earth before the appearing of Mashiach. (Brit Chadashah: “As it was in the days of Lot, so shall It be in the days of the appearing of the Son of Man.” (see Torah: Genesis Chapter 19) Civil and military strife in the confines of the Euphrates River: Turkey, Syria, and Iraq. World War III will ultimately – in the future – emerge from this area (the 6th Trumpet of Revelation: Chapter 9, verses 13-21). One-third of the world's population will be killed as a result of this war. This will NOT affect Israel now, but will in the future. The loss of critical alliance of the USA and its leadership in helping Israel. Unless the political landscape changes drastically in the USA, Israel will be “hung out to dry.” There is a lack of majority of leaders in both major political parties with real “backbone” of leadership in the USA anymore. Only a MIRACLE from G-d can change the current political climate in the USA and cause her to again be a real supporter of Israel. More control over the minds of youth in countries outside of – and opposed to – Israel. This is not just in the Palestinian camp where young people are taught to hate Jews. This is happening in Germany, USA, and other “Western” camp countries influential in Global Politics and ideology. Germany, the enabler of Naziism, hates home schooling. In the USA, the Obama administration wants to eliminate home schooling; to require all students to be in public overview so they can be taught “worldview” without religious contradiction: tolerance and political correctness. The political, psychological and sociological pressures on Israel and the Jewish People in 10 more years – if not less – will be exacerbated.1 EDITOR'S NOTE: The false messiah (anti-Messiah)2, like Hitler, knows he must control the minds of youth in order to accomplish global domination. His world view must be taught in public (government controlled) school systems globally. The government must control the school systems for the world dictator to rule without opposition: politically, financially (thru entitlements and purchased votes via unions), and ideologically. Peace accord signed by April 29th. USA President Obama and Secretary of State, John Kerry, are pushing for a Middle East peace agreement to be signed between Israel and the Palestinians by April 29th. This may or may not happen; however, if it does happen – and IF it is the Seven Year Covenant spoken of by Daniel the Prophet – , the Sixth Trumpet of Revelation may occur during the first three and one-half years after signing. WHY? The Sixth Trumpet marks the beginning of the Euphrates conflict (Revelation Chapter 9:14-15) which explodes into World War III with the one-third of the human population being killed. This will make a perfect backdrop for the anti-Christ to rise to power with his promise of world peace. A future Seven Year Peace Accord is prophesied and definite! The peace accord designed by Obama-Kerry may or may not be the Seven Year Covenant which Daniel the Prophet (Tanakh: Daniel Chapter 9, verse 27) told us about. However, the New World Leader (false messiah, anti-messiah or anti-Christ) will probably rise to power as the result of the Euphrates conflict, and he will make a Seven Year Covenant (the one prophesied) between Israel and the Palestinians. We know that three and one-half years after a seven year peace treaty (covenant) is signed that the false messiah will go into the Jewish Temple and proclaim that he is god. After the BIG – prophesied – Seven Year Covenant is signed, (may NOT be in 2014) there will be two (2) distinct periods of 42 months or three and one-half years. The Jews will be allowed to rebuild their Temple on the Temple Mount. In the middle of the seven years (at the end of the first half) the World Leader (the “Beast” or anti-Messiah) will order the Jews to stop the animal sacrifices and he will go into the Temple and commit an abomination (proclaim that he is God and/or Messiah). See Tanakh: Daniel 8:9-14, Daniel 9:27 and Brit Chadashah: Revelation 11:2, 13:5; 2 Thessalonians 2:1-4. EDITOR'S NOTE: Be aware that in the midst (in between) the events I have described happening for the next decade (2014 thru 2013) the following events MAY also happen: 1. A Middle East war that will place Israel in control of the whole Middle East. A war between Israel and all of the Middle East MAY happen, not just bordering Arab states like Lebanon, Syria, and Jordan. Israel will "fly down upon the shoulder of the Philistines (the Palestinians) to the west". In context Israel will strike against Egypt and Iraq (Assyria) and "plunder the people of the East." Israel MAY control these nations, and evidently, their wealth as a result of the plundering. Lexicographically, the "people of the East" include the Arab nations of Saudi Arabia, Yemen, Kuwait, Bahrain, UAE, and others. Notice that most prophecy teachers will NOT cover this as it is NOT “general” enough to protect them if it does NOT take place. They may make a partial allusion to this conflict by reference to Psalm 83 with expanded hyperbole! You may study specifics about this conflict by clicking on the link in the paragraph above. 2. The Ezekiel 38 conflict. See what Ezekiel is saying to us TODAY. Russia, Turkey, Iran and other Middle East and North East African nations will form an alliance to attack Israel. This we know for sure. Realize that BEFORE the LORD wipes out the Magog Alliance on the hills of Israel (Ezekiel 38 and 39), there is an attack planned upon Israel by Iran. This is evident by Iranian posture and declarations, by Intel, and by present geopolitical climate. This attack is imminent. 3. An unexpected attack upon the USA or Israel by Asian / Eastern power(s). In the last days their will be a major military, political, and economic force that arises from the East. This could include present day Iraq, Syria, Eastern Turkey, the southern steppes of Russia (from the former USSR), Iran, Afghanistan, Pakistan, China, or North Korea. This force may be an amalgamation of national and cultural social interests flowing together for advancement, protection, control and power. 4. Cosmic “signs” that may appear. (NOTE: These are NOT what Yeshua was talking about in Matthew 24:29 when he was quoting Joel 2:31.)  Red blood moons and other signs associated with the Jewish feasts and holidays: Passover, April 15, 2014Feast of Tabernacles, October 8, 2014Passover, April 4, 2015Feast of Tabernacles, September 28, 2015 These four Red Blood Moons are known as "Tetrads" and have appeared in coordination with Jewish Feast Days of Passover and Tabernacles three (3) times in the last 500 years, so they may definitely be something to consider as signs dealing with Israel. Each of these three times were during times of persecution and / or attack on the Jews or Israel and MAY be future prophetic indicators. 1493-94 (After the Spanish Inquistion in 1492 under King Ferdinand in Spain.)1949-50 (After Israel won the Arab - Israeli War of Independence in 1948.)1967-68 (After the Six Day War won by Israel in 1967.) POST NOTE: The April 15 "Red Blood Moon" mentioned above March 27, 2014, appeared as scheduled April 15, 2014. Here are several photos taken by people in different countries where it could be seen: PHOTOS OF BLOOD RED MOON APRIL 15, 2014. Check out, "Your Views of the Blood Moon" #22.   5. Judgment upon Egypt with the Nile River drying up. Three places in the Tanakh (the Old Testament), the scriptures speak of the Nile River being dried up because of judgment from the LORD. This has NOT happened yet: Isaiah 19:5, Ezekiel 30:12, and Zechariah 10:11. Equalization of the nations of the world with unequal wealth distribution. WhileMarxists and socialists like Obama propagate “wealth distribution,”9 the truth is that they (the ones who promote the concept) are on the “wealth gleaning”9 side of the equation. Fact: 83 members of Communist China's National People's Congress (NPC) are billionaires in terms of US Dollars.3Ask Barack and Michelle Obama what percentage of their income they gave to charity! The poorer and less educated populace in socialist dominated countries are coerced, propagandized or bought off in a tradeoff of “votes for handouts.” The scriptures prophesy global equalization to facilitate One World Government. Just as Global (one-world) Religion and Global (one-world) Economic System are necessary for control of the populace, so is Global (one-world) Government. World domination is contingent upon the evolution or formation of a Global Elite sector: a small group of people … extremely wealthy9 and powerful … who control political and economic sectors. You can read about such control in Revelation Chapter 18, and notice there are 21 specific – literal – commodities listed. Study “Babylon, the Enemy of Israel, Exposed – Part 1” and “Babylon, the Enemy of Israel, Exposed – Part 2.” GFC4 – FSB5 – G-SIB6 – BIS7 – OPMF8 are synonyms for International cooperation for a Super Bank that controls ALL central banks. Talk about inflation? You haven't seen anything yet! See Prince Handley's prophecy of a Global Financial Collapse dated Tuesday, May 6, 2008. The Global Financial Crisis of 2008 will pale in comparison to what you see happen next. This conglomeration will produce a windfall of “false money” – money that is stolen from the public – resulting in a cycle of endless and greater financial controls that will prepare the way for The Mark of the Beast: 666. EDITOR'S NOTE: 1. A one-world currency is NOT necessary for the New Global Economy prophesied by the Holy Bible … only Global Financial Control. 2. Also, do NOT put long range trust in gold as it may be regulated in the future. Put your trust in the G-d of Israel. 3. Use your credit cards and enjoy them, but realize that each new innovation in card / credit technology is one more step closer to control that will be ultimately utilized by the Global System of The Beast. Hyper inflation9 or stagflation will create economic havoc for most of the population. Recent gains in the stock market (Dow at 17,000) create a false sense of security among investors. As our money loses value due to government printing false money (increasing money supply or “quantitative easing”), prices go UP … and so do stocks! The stock market is NOT gaining value … our money is losing value! The economy is about to fall apart. The Federal Reserve Board knows this. The Fed is simply “propping up” the economy by “quantitative easing” and low interest rates. The new head of the Fed, Janet Yellen, is in complete agreement with the Obama strategy of injecting more than $3 Trillion Dollars of “stimulus funds” into the economy. EDITOR'S NOTE:: While in graduate school I worked for the Federal Reserve Bank twice. There was NO privacy then, so don't think there is now! Technology and Super Science. Development of world's fastest WiFi in Israel. Wilocity, located in Caesarea, Israel, is delivering the world's first multi-gigabit wireless chipsets based on the new WiGig 60GHz and IEEE802.11ad standards for super high-speed downloads, docking, networking, and high definition video at over 10x today's typical Wi-Fi transmission rates. Almost 25 times faster than the highest home internet speeds. You can download a two hour HD movie in just over two minutes, run 14 devices simultaneously, or download 10 songs in 1.5 seconds. The potential to propagate the Good News of Messiah and the Word of the LORD globally is exponentially increasing in these Last Days. “But you, Daniel, shut up the words and seal the book until the time of the end; many shall run to and fro, and knowledge shall increase.” (Tanakh: Daniel 12:4)   WHAT TO WATCH FOR PROBABLYAFTER THE NEXT DECADEA KEY ENDTIME GEOPOLITICO SCENARIO Ten national leaders – heads of governments – will arise during the same time period. These ten world leaders will receive power during the same time period as the coming World Leader (“The Beast”). The ten leaders will have “one mind” and will give their power and strength unto the false messiah, the anti-Christ (“The Beast”). These ten world leaders will have power on earth, but they are NOT from the earth.11 They are extra-terrestrial creatures. How do we know? Revelation 17:14 says, “These shall (at the very end of the last three and one-half years) make war with The Lamb.” The Lamb is Yeshua HaMashiach (Jesus, the Messiah) who will come to deliver Israel at the Battle of Armageddon. No earthly king or leader could oppose the Messiah when he returns. Only stupid demonic beings of the “spirit” world who follow Satan would attempt such an act. The ANSWER: Make sure you know the Messiah. Do NOT wait until the spirit of deception10prophesied in the Holy Bible overtakes you and you can no longer be saved. Pray this prayer: “God of Abraham, Isaac and Jacob, please reveal to me if Yeshua (Jesus) is my Messiah. If so, I ask Him to take control of my life – to be my Lord . Please save me. Forgive my sins and help me to live for You … and take me to Heaven when I die. Amen!” Baruch haba b'Shem Adonai. Your friend, Prince HandleyPresident / RegentUniversity of Excellence Copyright © Prince Handley 2014All rights reserved.    ______________________________________________  If you feel the LORD would like you to help Prince Handleydeliver the message of Good News to Israel and the world,   A TAX DEDUCTIBLE RECEIPT WILL BE SENT TO YOU______________________________________________   FOOTNOTES: Romeike vs. Holder. http://www.eagleforum.org/projects/courtwatch/romeike-homeschooling-case.html False messiah, anti-Messiah, the Beast: Tanakh: Daniel Chapter 9 (verse 27), Daniel Chapter 11 (verse 31), Daniel Chapter 12 (verse 11); and, Brit Chadashah: Matiyahu Chapter 24 (verse 15), Revelation Chapter 13 (verses 1 thru 10). The USA has only one billionaire in politics: Michael Bloomberg of New York. GFC. Global Financial Crisis with primary manifestation in 2008 (originated in 2007) and accelerated by corrupt government buyouts of failing institutions, especially in USA. FSB. Financial Stability Board created in 2008 by the G20 countries to regulate and control the international financial system. G-SIB. 29 Globally Systematically Important Banks. The biggest internationally connected banks to be favored and protected in time of economic crisis (even if embezzlement, corruption and mismanagement are the facilitators). BIS. Bank of International Settlements in Basel, Switzerland. Acts as a SUPER bank for ALL individual country central banks. OPMF. Outright Permanent Money Finance. This will create giant, immoral, unethical money transfers and a greater disparity in wealth distribution. Money can be created out of nowhere (like USA present Fed policy of “quantitative easing”) and given to governments. This, of course, magnanimously decreases the value of your money. (More supply … less demand or value.) Inflation and wealth distribution with wealth gleaning on the top end. Economic disruption. The problem is NOT famine, but inflation and scarcity. Revelation 6:5-6. Spirit of deception prophesied in the Holy Bible. 2 Thessalonians 2:9-11. Ten national leaders that arise during the Time of the End. The development of a hybrid species in the end times – through which the anti-Christ MAY derive his submissive leadership core– could well be the result of fallen spirit forces (demons) facilitating the same, rather than aliens from another planet.These fallen spirit forces (demons) may be from extra-dimensional time-space: not from other planets, but from a megaverse (outside our traditonal concept of space-time continuum). See “2014 Boolean Blog: Israel and the Four F's of the Last Days,” by Prince Handley. (Scroll down to the section on “Fallen spirits.”)   Podcast time: 20 minutes, 58 seconds.   Copyright 2014 Prince HandleyAll rights reserved  __________  24/7 Prince Handley BLOGS, teachings, and podcastsClick the Dove above_______________World ServicesBox ADowney, California 90241 USA     University of Excellence http://www.uofe.org/Prince Handley Portal http://www.princehandley.comSubscribe to The Healing and Miracle Podcast here: SUBSCRIBESubscribe to The Voice of Israel Podcast here: SUBSCRIBEHealing and Miracle Podcast: http://www.healing.libsyn.comVoice of Israel Podcast: http://www.podcastsatellite.libsyn.com/Rabbinical Studies: http://www.realmiracles.com/rabbinical.htmIsrael News and Prophecy: http://www.podcastsatellite.com/If you need healing, deliverance, or prayer, email to: princehandley@gmail.com