Gaurav Sharma (guest)

Gaurav Sharma has been working as an independent financial and business consultant and strategist for the past two years. He works with fintech startups, wealth management firms, international banks, consulting companies and multi strategy investment funds. Gaurav assists his clients with financial strategy and investment analysis, drawing on his experience of managing a diverse array of Fortune Global 500 clients from across the globe. He also loves to write about innovations in financial technology and banking. Gaurav has six years of international banking experience (Standard Chartered Bank and Citi). He has covered the entire gamut of banking products with experience in corporate finance, trade finance, derivatives, risk management and so on. Gaurav is a Certified Financial Risk Manager and a CFA Level III candidate. He holds an Engineering Degree in Computer Science and an MBA from the Indian Institute of Management in Kozhikode.

The Digital Trade Initiative - Introduction

In spite of some recent protectionist headwinds, international trade had been chugging along and growing at a decent pace. However, this does not mean business as usual. Firstly, high growth markets are continuously shifting, motivating companies to access emerging markets that they have not done business in before. Secondly, even in their local markets companies are facing stiff competition which is driving them to seek new business relationships in their regions (like in the EU for example).

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The eIDAS 2018 Municipalities Project

Technology and governance has come a long way over the last couple of decades and we have reached a point where movement across national borders seems almost seamless. Your phone still works (maybe without additional charges), you can use your credit card and even use the same service providers (like Uber, for example). To take this a step further, the European Commission has been working on the eIDAS project and regulation which allows consumers to use their local eID to access private and even public services anywhere within the EU Single Market.

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Bridging the gap between eIDAS and Anti-Money Laundering Directives

Banks and other financial institutions are playing a key role in countering global challenges like money laundering and terror financing.

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The Consumer Financial Services Action Plan - Opportunities for the Banks

Complying with customer due diligence and KYC norms is perhaps the most important and time consuming aspect of initiating a new banking relationship. Yes, it is important to cover the credit risk, but the consequences of failing on the KYC or AML (Anti-Money Laundering) front are far more severe. This is the primary reason why many banks are spending billions annually on performing customer due diligence the old fashioned way. New EU guidelines and the tools that they provide aim to change just that.

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Consumer Financial Services Action Plan - An Introduction

The EU single market produces an unmatched € 15trillion worth of goods and services annually. Such a large and unified market presents a great many opportunities for businesses willing to invest in it.

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The future of eIDAS in Britain

Markets hate uncertainty and the confusion regarding issues related to Britain’s exit from the European Union have roiled equity and currency markets. But it’s not just the financial markets which are affected- companies which rely upon EU regulations in order to conduct their day to day business are also reeling from this uncertainty.

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eIDAS and PSD2 – A perfect symphony in the digital marketplace?

The European Union is leading the way in the move towards the creation of a single digital market. The many advantages that a digital business has over it’s more traditional counterparts are only amplified when such businesses are allowed to operate seamlessly across multiple markets.

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eIDAS and Institutional Banking - the shape of things to come

A whole host of EU directives and regulations have been enacted to enable both consumers and service providers to benefit from added security, standardization of service levels and lower costs. Regulation No 910/2014, known as eIDAS, also aims to do this and the banking and financial services sector would be a big beneficiary.

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