The vote in favor of Britain’s exit from the EU has created significant uncertainty for the UK, the EU, and global economies. For the UK, “Brexit” will have an undoubted- ly negative economic impact. In the long term, the UK’s real GDP will fall by 3 to 8 percentage points (relative to the GDP it would attain if it remained an EU mem- ber). In the short term, expect, among other ramifications, inflation and unemploy- ment to climb and consumer confidence and the value of the pound to weaken. Financial institutions will feel the effects.
The blockchain may end up being considered one of the most important financial services innovations ... Continue Reading
Findings from Protiviti’s 2016 Sarbanes-Oxley Compliance Survey show companies are spending more t... Continue Reading