Ireland: ESMA Guidelines On Remuneration Policies Under The AIFMD - Mason Hayes & Curran
The European Securities and Markets Authority (‘ESMA’) has published Guidelines on Sound Remuneration Policies under the Alternative Investment Fund Managers Directive (‘AIFMD’).
Found more than 1 month ago on channel Mondaq
A Yen for Cash: How the Bank of Japan Could Threaten the Global Economy
Japan has been an experiment in economics ever since its crushing defeat at the end of World War II. First, Tokyo employed inventive techniques to rebuild its economy and wealth – the export-led, state-directed system in which bureaucrats “targeted” industries for special support – that broke with economic tradition and became a development model for the rest of the region to follow. Then after the country’s massive stock-and-property-price bubble exploded in the early 1990s, Japan became a much-examined case study in how to handle (or not handle) a financial crisis. After that, economists have puzzled over why Japan has been unable to escape the long stagnation it has suffered ever since. Now Japan is embarking on yet another set of unconventional policies in an attempt to revive itself, which, if successful, could rewrite the rules of fiscal and monetary policy. Whatever the result, economists will likely be studying Japan for decades to come. On Thursday, the new governor of ...
Air Travel by the Pound and Other Odd Airline Pricing Schemes
After tiny upstart carrier Samoa Air announced it would start charging passengers based on how much they weigh, travelers reacted by calling the pricing model wacky, impractical, even discriminatory. But it’s only one of several weird, possibly unwelcomed ways that flights might be priced down the line. Samoa Air’s announcement of a “pay-by-the-pound” model didn’t come completely out of the blue. Ryanair, the notoriously fee-happy European carrier, floated the possibility of a “fat tax” on overweight passengers a few years ago, though the main point may have been to generate publicity. Southwest Airlines has periodically drawn attention over the years due to its policy of forcing larger passengers to purchase two seats. Just days before Samoa Air introduced its new pricing policy, a professor from Norway published a report making the case that charging passengers based on total weight—person and baggage combined—is a policy that all airlines should consider, in order to ...
ECB on hold as fears of deeper recession grow
The European Central Bank made no change to monetary policy Thursday, but may hint at scope for future action as data signals the euro-zone recession is deepening. Earlier, the Bank of England also remained on hold, whle the Bank of Japan shocked market participants with a round of new monetary stimulus measures that were more aggressive than expected.
Google Privacy: EU Countries Take Action
Six European countries join forces against Google amid claims its privacy policies are far from transparent.