[EDIT 5 JUNE - where were you?] Where will you be tomorrow?
[UPDATE 5 JUNE] Worth watching and listening to the Politico replay.
https://www.politico.eu/event/in-the-city-we-trust-the-fine-line-between-regulation-and-growth/
My written question at minute 38.10 answered by 3 of the very senior panellists in person after the event with promises to finally investigate the BoE and FCA matters in my flyer.
Interesting comment from one of the Parliamentarians "we are all worried about Companies House".
All attendees at both this and the LSEG event expressed concerns that the Companies House data is presently useless for AI applications because of inaccuracies and false filings - yesterday morning they said they are 3 weeks behind in processing paper documents .... even those still false ones sent in by FCA authorised fund managers!
For those without a hi-def screen: the 3 questions were: (in reverse order)
"As crypto becomes regulated, do panellists see an opportunity to move away from the way things are done, change how oversight works, and put growth first? (edited)"
"How does the BoE address concerns about growth credibly, considering its past decisions to sell bonds at signifinact loss?"
"With present inaccuracy of companies house and similar data how will the new proposals eliminate the mantra that the City is the World's Dirty Money Capital City?"
The LSEG event was interesting for the details on the shortly to be launched integrated Microsoft and LSEG joint product that will accept external datasets (such as Companies House) for integration into eg Excel with instant GAI analysis.
That is going to put a lot of mediocre Investment Managers out on the street and hold the toes of others to a very hot fire.
I loved the HSBC speaker's admission that AI accuracy is only 80% - and they are the biggest single user of Albion's QUANTEXA !
.........about which the senior Principal of a very large fund manager expressed no surprise as to the fraudulent statements of Richard Seewald to the SEC about Evolution Equity Partners being regulated by the Bank of England, FCA etc.....he was surprised that the UK Government sent more monies even after yet more proof that Richard Seewald is a liar.
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LSEG or Politico Live or both?
A5 double sided print
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