In today’s global economy, multinational corporations (MNCs) are constantly navigating a labyrinth of tax obligations across various jurisdictions. Value Added Tax (VAT), a consumption tax levied on goods and services at each stage of production or distribution, presents a significant area of opportunity—and risk—for such companies. Effective
Interest Rate Sensitivity in Insurance Product Pricing
Interest rates play a pivotal role in the financial services industry, and the insurance sector is no exception. From life insurance policies to annuities and long-term care insurance, the pricing and profitability of various insurance products are closely tied to prevailing interest rates. Understanding interest rate sensitivity is crucial for ins
Data Security Integration in Financial Operating Procedures
In the digital age, data has become the backbone of the financial industry. From customer information and transaction records to sensitive business strategies, financial institutions handle vast amounts of data daily. While this data enables better decision-making and personalised services, it also presents significant security risks. Cyberattacks,