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FINANCIAL
SERVICES
FACULTY
ICAEW.COM/FSFISSUE 116
JUNE 2017
FSFocus
THE BIG SHAKE-UP BALANCE OF POWER
IFRS 17 WILL MEAN DO ACTIVE OR PASSIVE
HUGE CHANGES IN FUNDS OFFER THE
INSURANCE REPORTING BETTER RETURNS?
Digital
explosion
How the revolution
in online and mobile
banking is transforming
financial services
A FRAUDSTER'S VIEW
WHAT WE CAN ALL
LEARN FROM ROGUE
TRADERS
V90 Cross Country D4 AWD, Metallic Paint,
Personal Contract Purchase Representative Example*
48 monthly payments £319.00
Customer deposit £7,589.00
On the road price £41,305.00
Member saving £5,580.00
Revised on the
FINANCIAL SERVICES FACULTY ICAEW.COM/FSFISSUE 11
V90 Cross Country D4 AWD, Metallic Paint, Persona
June 2017 Issue 116 COVER: JOSH PATTERSON 10 CO
WELCOME Who knew? It was supposed to be
N E EWS & VENTS CHAIRMAN'S REPORT: INVESTMENT
EVENTS FRC ISA 540 OUTREACH EVENT 27 June 2017 F
BANKING TECH FIRM'S BORDERLESS BANK APP A banking
SMITH UPFRONT When wil
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COVER STORY
PRODUCTIVE PURSUIT Low productivity is the spect
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THE BIG PROFILE “MY WORRY IS THAT THE FOR
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SETTING NEW STANDARDS IFRS
TECHNICAL : IFRS 17 TABLE 1 IN SCOPE OF IFRS
DISCOUNT DESPAIR Mohammad Khan assesses the impac
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and the FCA finding may help continue the trend,”
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PEOPLE WHAT IS DISTINCTIVE ABOUT IT? We have
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