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Food for Thought: A Policy on Credit Exceptions

Abrigo

When and how to cite credit exceptions A policy on credit exceptions can address many factors that can lead financial institutions to diverge from loan policy and miss signs of potential trouble. Takeaway 3 A credit exception policy should spell out what one is, when it can be used, and how to clear it.

Policies 195
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Gusto Cites Security Concerns In Zenefits API Dispute

PYMNTS

While a spokesperson for Zenefits told the publication that “Zenefits still has an integration with Gusto for payroll,” reports noted that the integration does not support the ability for small business accountants to onboard new employees, or make changes to existing employees’ bank and tax details, salaries or exemptions.

Security 204
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Challenges to monetary policy: lessons from Medieval Europe

BankUnderground

The Bank of England co-organised a ‘ History and Policy Making Conference ‘ in late 2020. History offers policymakers and academics useful case studies that can serve as distant mirrors beyond the study of crises and policy responses to them. Monetary theory and policy in Medieval France. Nathan Sussman.

Policies 133
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Hedging Bets, Hedging Taxes As Taxman Cometh For Cryptos  

PYMNTS

Tax policy. The move to grab billions of dollars in holdings amid wild speculation has come against a backdrop where tax policy remains unsure. The upshot may be taxes owed, or penalties looming … or both. You can’t tax something – a least not easily – without defining what is being taxed. A currency?

Taxes 100
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At Davos, Eyeing Sovereign Debt, Digital Taxes And Regulating AI

PYMNTS

Big Tech, too, of course, and digital taxes. I think it’s very hard for central banks to forever make up for bad policy elsewhere. And Digital Taxes. With a nod to digital taxes and trade disputes, the U.S. An agreement among OECD countries would spur France to end its national digital tax. “We Climate change.

Taxes 131
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US Treasury Secretary Sees Libra As National Security Threat

PYMNTS

Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat. In a press conference on Monday (July 15), Mnuchin warned that Libra “could be misused by money launderers and terrorist financiers” and that it was a “national security issue.”.

National 187
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Hedging Bets, Hedging Taxes as Taxman Cometh for Cryptos  

PYMNTS

Tax policy. The move to grab billions of dollars in holdings amid wild speculation has come against a backdrop where tax policy remains unsure. The upshot may be taxes owed, or penalties looming…or both. You can’t tax something – a least not easily – without defining what is being taxed. A currency?

Taxes 100