Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
09 April 2021
The branch closure foxtrot – fast, slow, and then fast againUK Banks are facing a post-COVID identity crisis, and it’s essential that they think hard about completely discarding their physical outlets if they wish to stay relevant in the future.
08 January 2021
Banking in a cashless society‘Card payments only’. ‘Contactless preferred’. ‘No cash accepted’. These phrases will be familiar to anyone who has ventured out to the shops since the onset of the coronavirus pandemic. While businesses have embraced big change in an effort to protect staff and reduce unnecessary physical contact; ‘small change’ has suffered the opposite fate.
17 December 2020
Hype or hope? – The true value of a brandA brand can be hugely instrumental to the success or failure of a firm yet it is something that is sometimes seen only as the preserve of the Big Corporates.
19 November 2020
COVID could spell the end for smaller banks – but the Big Five must learn from them firstIt’s difficult to adequately explain the scale of the economic challenges brought on by COVID-19, but tectonic is probably about as close as you’ll get. Like the shifting continental plates beneath our feet, the very structure of the economy is moving and reshaping due to the coronavirus pandemic. All sectors will have to adapt to these changes, but it is particularly important that the banking sector is prepared.
27 October 2020
European MiFID Template Version 3 – is your investment firm ready for the December deadline?Just six weeks to go until the end of the transition period and the new European MiFID Template comes into force for all investment firms operating within the EU. With some distributors requesting the revised format already, we’re helping a large number of our clients make the switch to the new template now. Scott Holmes, Audit Partner, discusses the new requirements in this short blog.
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