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Norway’s sovereign fund eyes long-term profit from market turmoil
Category: Accounting / Financial
OSLO, June 21 (Reuters) – The recent turmoil in global financial markets represents an opportunity for Norway’s $1.2 trillion sovereign wealth fund, to profit from it much like it did during the 2008-2009 financial crisis, its deputy chief said on Tuesday. As the world’s largest fund of its kind it owns 1.3% of all globally […]
Source: Reuters
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Risk Outlook – June 2022
Category: Accounting / Financial
The economies of Norway and several other countries are now characterised by high levels of activity and few available resources. However, the outlook for the global and Norwegian economies is highly uncertain. Supply chain disruptions, partly as a result of the Covid-19 pandemic and the war in Ukraine, have dampened growth prospects and contributed to […]
Source: Finanstilsynet
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Mastercard expands consulting with practices dedicated to crypto, open banking and ESG
Category: Accounting / Financial
To help businesses evolve and supercharge their growth enterprise-wide, Mastercard has announced that it is expanding its preeminent payments-focused consulting service with new practices dedicated to Open Banking, Open Data, Crypto & Digital Currencies, and Environment, Social & Governance (ESG). Read full article.
Source: Mastercard
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Norway Wealth Fund Calls on Companies to act on Climate
Category: Accounting / Financial
Norway’s $1.3 trillion sovereign wealth fund will ask many of the companies in its portfolio to take more specific action on climate change, its head of governance and compliance said. Companies faced calls at the United Nations COP26 climate summit in Glasgow, Scotland this month to lay out plans to achieve net zero carbon emissions to help […]
Source: Reuters
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130 countries and jurisdictions join bold new framework for international tax reform
Category: Accounting / Financial
130 countries and jurisdictions have joined a new two-pillar plan to reform international taxation rules and ensure that multinational enterprises pay a fair share of tax wherever they operate.
Source: OECD.org
Published: May 7, 2021
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