https://veracity-wiki.zyen.info/w/api.php?action=feedcontributions&feedformat=atom&user=Ben+Morris 2026-04-05T17:01:46Z User contributions MediaWiki 1.40.0 https://veracity-wiki.zyen.info/w/index.php?title=File:FCF_Logo.jpg&diff=57 2023-07-21T15:09:44Z

<p>Ben Morris: </p> <hr /> <div></div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=Z/Yen_Wiki_HOME&diff=56 2023-07-21T15:09:13Z

<p>Ben Morris: </p> <hr /> <div>Z/Yen invites you to share your knowledge and expertise on the Wiki, contributing on topics from [[LongFinance:Confidence Accounting|Confidence Accounting]] to [[London_Accord:_Green_Finance|Green Finance]]. We are also happy to host related wikis, e.g. [[INDEX:Financial Services Group of Livery Companies|Financial Services Group of Livery Companies]].<br /> &lt;br&gt;<br /> <br /> =CommunityZ=<br /> [[File:SpringConference2012.jpg|thumb|200px| [http://www.longfinance.net/events/long-finance-conferences.html Spring Conference 2012]]]<br /> Through a belief that community building facilitates knowledge sharing, encourages innovation and enables the development of sound strategies to achieve objectives, Z/Yen has founded several on- and off- line communities. These communities flourish through online activities, including community websites, blogs and surveys; and real world events, including conferences, colloquies, round table discussions and report launches. <br /> &lt;br&gt;<br /> <br /> Z/Yen CommunityZ include [[Long_Finance|Long Finance]] ([[London_Accord:_Summary|London Accord]], [[Financial_Centre_Futures:Summary|Financial Centre Futures]], [[Meta-Commerce:Summary|Meta-Commerce]] &amp; the [[EternalCoin:Summary|Eternal Coin]]), in addition to [[ExtZy:Summary|ExtZy]] and the [[RealTimeClub:Summary|Real Time Club]].<br /> &lt;br&gt;<br /> ==Long Finance==<br /> The Long Finance Initiative began in 2007 with a question:<br /> '''''When would we know our financial system is working?'''''<br /> &lt;br&gt;<br /> <br /> [[ZYen:Long Finance|Long Finance]] aims to improve society’s understanding and use of finance over the long term, by posing awkward questions and encouraging innovative answers. <br /> &lt;br&gt;<br /> <br /> As a [http://www.longfinance.net/online-community.html community] Long Finance seeks to expand frontiers, change systems and deliver services. Long Finance activities include providing evidence based examples of how financing methods work and don’t work, and then developing the methodologies to solve these financial problems. Long Finance research interests range from a Standards Markets approach to regulation to the nature of money. [[ZYen:Long Finance|Long Finance]] hosts roughly 30 [http://www.longfinance.net/events.html events] a year including the bi-annual [http://www.longfinance.net/events/long-finance-conferences.html conferences], and runs four programs including: the [[LondonAccord:Summary|London Accord]], the [[Financial_Centre_Futures:Summary|Financial Centre Futures]], the [[ZYen:Eternal Coin|Eternal Coin]] and [[ZYen: Meta-Commerce |Meta-Commerce]].<br /> &lt;br&gt;<br /> ====[[LondonAccord:Summary|London Accord]]====<br /> Recognising that today's extra financial issues are tomorrow's key investment drivers, the [[LondonAccord:Summary|London Accord]] acts as a nexus between the financial services industry and society to encourage long-term thinking on finance and environmental, social &amp; governance (ESG) issues. This is achieved through sharing [http://www.longfinance.net/la-reports.html recent reports], writing [http://www.zyen.info/mediawiki/newzyen/index.php?title=Special:AllPages&amp;namespace=500 wiki articles] and promoting [[LondonAccord:Awards|awards]] that acknowledge contributions to [[LondonAccord:Sustainability|sustainability]]. The London Accord [http://www.longfinance.net/groups/viewgroup/3-london-accord.html group] on the [http://www.longfinance.net/online-community.html Long Finance community] offers opportunities to network with like-minded thought leaders, and get updates on future events. <br /> &lt;br&gt;<br /> ==== [[Financial_Centre_Futures:Summary|Financial Centre Futures]]====<br /> The [[Financial_Centre_Futures:Summary|Financial Centre Futures]] program seeks to initiate discussion on the changing landscape of global finance and explore how it might work in the future. The programme includes the [[ZYen:Global Financial Centres Index|Global Financial Centres Index]] (GFCI). This is a bi-annual publication, first produced by the [http://www.zyen.com Z/Yen Group] in March 2007, which examines major financial centres across the world in terms of competitiveness.<br /> &lt;br&gt;<br /> <br /> The index draws on the experience of a community of nearly 2000 financial services professionals worldwide, who take the questionnaire. These contributions are combined with a selection of instrumental factors to form a factor assessment model, which is used calculate the ratings and rankings. People can engage further in the Financial Centre Futures program through joining the community [http://www.longfinance.net/groups/viewgroup/5-financial-centre-futures.html group]. <br /> &lt;br&gt;<br /> ====[[ZYen:Meta-Commerce|Meta-Commerce]]====<br /> The [[Meta-Commerce:Summary|Meta-Commerce]] programme aims to map the road to [[ZYen:Long Finance|Long Finance]] by identifying a set of core questions that need solving in order to have a working financial system. The program links economics, finance and society. Inspired by [http://en.wikipedia.org/wiki/Hilbert's_problems David Hilbert's 23 questions] project of 1900, the [[Meta-Commerce:Summary|Meta-Commerce]] programme aims to use a road map of questions to help prioritise future research and direct action. So far, the community has developed over 70 [http://www.zyen.info/mediawiki/newzyen/index.php/ZYen:Meta-Commerce#The_Question.27s questions] and topics for discussion.<br /> &lt;br&gt;<br /> ====[[EternalCoin:Summary|Eternal Coin]]====<br /> The [[EternalCoin:Summary|Eternal Coin]] programme aims to initiate a global discussion on the nature of money and the concept of value. It takes a long-term and inter-generational approach and is an educative programme teaching the theory and mechanics of currencies.<br /> &lt;br&gt;<br /> ==[[ExtZy:Summary|ExtZy]]==<br /> [[File: Extzy graph.jpg|thumb|100px|[http://www.extzy.net/ ExtZy Index]]]<br /> [[ExtZy:Summary|ExtZy]] is a [http://www.extzy.net/ community] created by Z/Yen that explores prediction markets through web-page popularity. Players can [http://www.extzy.net/ buy shares] in those sites that they think will grow in popularity and then trade their dividends in for real prizes.<br /> &lt;br&gt;<br /> <br /> ==[[RealTimeClub:Summary|Real Time Club]]==<br /> Founded in 1967, the [http://www.realtimeclub.org/ Real Time Club] is believed to be the world’s oldest IT dining Club. The Club is dedicated to participative [http://www.realtimeclub.org/index.php/component/rtcmeetings/?Itemid=22 events] that provide “rapid responses to the challenges of the information society”.<br /> &lt;br&gt;<br /> <br /> In addition to the events hosted, the Real Time Club’s [http://www.realtimeclub.org/index.php/your-profile?view=registration online community] and [http://www.zyen.info/mediawiki/newzyen/index.php?title=Special:AllPages&amp;namespace=502 Wiki pages] provide a space for members to interact, network and organize future events. <br /> &lt;br&gt;<br /> =Online Tools=<br /> Z/Yen has developed several tools for its communities. These include tools to calculate potential future CO2 prices and to estimate the potential impact of different policy scenarios on your business, such as a [http://zyen.info/Qv3/QPyIn.py?qrid=6824156999406202&amp;state=new&amp;set=63|735 Price Impact Calculator], a [http://zyen.info/Qv3/QPyIn.py?qrid=7870709104438437&amp;state=new&amp;set=63|735 Carbon Footprint Calculator] and a [http://www.longfinance.net/component/tcmodel/?task=investment&amp;iid=3347891746244936&amp;Itemid=128 Investment Return Calculator]. <br /> &lt;br&gt;<br /> <br /> '''Top Financial Centre – [http://www.zyen.info/mediawiki/newzyen/index.php/File:London(Black),_NewYork(Navy),_HongKong(Blue).png London, New York or Hong Kong?]'''<br /> Other tools allow you to compare and track [http://www.longfinance.net/component/gfcigraph/ city’s progress in GFCI], or to engage other members at the [http://www.extzy.net/ website trading game].</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=Financial_Centre_Futures:Summary&diff=55 2023-07-21T15:08:18Z

<p>Ben Morris: Created page with &quot;250px Financial Centre Futures comprises the Global Financial Centres Index (GFCI) and other in-depth research papers exploring the potential factors likely to engender major changes to the structure of the financial system over the next 100 years. GFCI utilizes the input of nearly 2,000 financial services professionals worldwide to produce a bi-annual report that measures and assesses the competitiv...&quot;</p> <hr /> <div>[[File: FCF Logo.jpg|thumb|250px]]<br /> <br /> Financial Centre Futures comprises the [[ZYen:Global Financial Centres Index|Global Financial Centres Index]] (GFCI) and other in-depth research papers exploring the potential factors likely to engender major changes to the structure of the financial system over the next 100 years.<br /> <br /> GFCI utilizes the input of nearly 2,000 financial services professionals worldwide to produce a bi-annual report that measures and assesses the competitiveness of existing financial centres. The Global Financial Centres Index is published by Z/Yen Group (previously the City of London Corporation) and is sponsored by [[FinancialCentreFutures:Qatar Financial Centre Authority|Qatar Financial Centre Authority]].<br /> *[http://www.longfinance.net/fcf-publications.html Access the publications]<br /> *[http://www.zyen.info/gfci/ Take the GFCI questionnaire]<br /> *[http://www.longfinance.net/component/gfcigraph/ Track the index over time]<br /> *[http://www.longfinance.net/groups/viewgroup/5-financial-centre-futures.html Join the Financial Centre Futures group], part of the [http://www.longfinance.net/online-community.html Long Finance Online Community]<br /> By highlighting and discussing potential drivers of change in the architecture of global finance over the long-term, Financial Centre Futures contributes to the overarching goals of Long Finance – to expand frontiers, change systems, deliver services and build communities.</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=Z/Yen_Wiki_HOME&diff=54 2023-07-21T14:57:24Z

<p>Ben Morris: </p> <hr /> <div>Z/Yen invites you to share your knowledge and expertise on the Wiki, contributing on topics from [[LongFinance:Confidence Accounting|Confidence Accounting]] to [[London_Accord:_Green_Finance|Green Finance]]. We are also happy to host related wikis, e.g. [[INDEX:Financial Services Group of Livery Companies|Financial Services Group of Livery Companies]].<br /> &lt;br&gt;<br /> <br /> =CommunityZ=<br /> [[File:SpringConference2012.jpg|thumb|200px| [http://www.longfinance.net/events/long-finance-conferences.html Spring Conference 2012]]]<br /> Through a belief that community building facilitates knowledge sharing, encourages innovation and enables the development of sound strategies to achieve objectives, Z/Yen has founded several on- and off- line communities. These communities flourish through online activities, including community websites, blogs and surveys; and real world events, including conferences, colloquies, round table discussions and report launches. <br /> &lt;br&gt;<br /> <br /> Z/Yen CommunityZ include [[Long_Finance|Long Finance]] ([[London_Accord:_Summary|London Accord]], [[FinancialCentreFutures:Summary|Financial Centre Futures]], [[Meta-Commerce:Summary|Meta-Commerce]] &amp; the [[EternalCoin:Summary|Eternal Coin]]), in addition to [[ExtZy:Summary|ExtZy]] and the [[RealTimeClub:Summary|Real Time Club]].<br /> &lt;br&gt;<br /> ==Long Finance==<br /> The Long Finance Initiative began in 2007 with a question:<br /> '''''When would we know our financial system is working?'''''<br /> &lt;br&gt;<br /> <br /> [[ZYen:Long Finance|Long Finance]] aims to improve society’s understanding and use of finance over the long term, by posing awkward questions and encouraging innovative answers. <br /> &lt;br&gt;<br /> <br /> As a [http://www.longfinance.net/online-community.html community] Long Finance seeks to expand frontiers, change systems and deliver services. Long Finance activities include providing evidence based examples of how financing methods work and don’t work, and then developing the methodologies to solve these financial problems. Long Finance research interests range from a Standards Markets approach to regulation to the nature of money. [[ZYen:Long Finance|Long Finance]] hosts roughly 30 [http://www.longfinance.net/events.html events] a year including the bi-annual [http://www.longfinance.net/events/long-finance-conferences.html conferences], and runs four programs including: the [[LondonAccord:Summary|London Accord]], the [[FinancialCentreFutures:Summary|Financial Centre Futures]], the [[ZYen:Eternal Coin|Eternal Coin]] and [[ZYen: Meta-Commerce |Meta-Commerce]].<br /> &lt;br&gt;<br /> ====[[LondonAccord:Summary|London Accord]]====<br /> Recognising that today's extra financial issues are tomorrow's key investment drivers, the [[LondonAccord:Summary|London Accord]] acts as a nexus between the financial services industry and society to encourage long-term thinking on finance and environmental, social &amp; governance (ESG) issues. This is achieved through sharing [http://www.longfinance.net/la-reports.html recent reports], writing [http://www.zyen.info/mediawiki/newzyen/index.php?title=Special:AllPages&amp;namespace=500 wiki articles] and promoting [[LondonAccord:Awards|awards]] that acknowledge contributions to [[LondonAccord:Sustainability|sustainability]]. The London Accord [http://www.longfinance.net/groups/viewgroup/3-london-accord.html group] on the [http://www.longfinance.net/online-community.html Long Finance community] offers opportunities to network with like-minded thought leaders, and get updates on future events. <br /> &lt;br&gt;<br /> ==== [[FinancialCentreFutures:Summary|Financial Centre Futures]]====<br /> The [[FinancialCentreFutures:Summary|Financial Centre Futures]] program seeks to initiate discussion on the changing landscape of global finance and explore how it might work in the future. The programme includes the [[ZYen:Global Financial Centres Index|Global Financial Centres Index]] (GFCI). This is a bi-annual publication, first produced by the [http://www.zyen.com Z/Yen Group] in March 2007, which examines major financial centres across the world in terms of competitiveness.<br /> &lt;br&gt;<br /> <br /> The index draws on the experience of a community of nearly 2000 financial services professionals worldwide, who take the questionnaire. These contributions are combined with a selection of instrumental factors to form a factor assessment model, which is used calculate the ratings and rankings. People can engage further in the Financial Centre Futures program through joining the community [http://www.longfinance.net/groups/viewgroup/5-financial-centre-futures.html group]. <br /> &lt;br&gt;<br /> ====[[ZYen:Meta-Commerce|Meta-Commerce]]====<br /> The [[Meta-Commerce:Summary|Meta-Commerce]] programme aims to map the road to [[ZYen:Long Finance|Long Finance]] by identifying a set of core questions that need solving in order to have a working financial system. The program links economics, finance and society. Inspired by [http://en.wikipedia.org/wiki/Hilbert's_problems David Hilbert's 23 questions] project of 1900, the [[Meta-Commerce:Summary|Meta-Commerce]] programme aims to use a road map of questions to help prioritise future research and direct action. So far, the community has developed over 70 [http://www.zyen.info/mediawiki/newzyen/index.php/ZYen:Meta-Commerce#The_Question.27s questions] and topics for discussion.<br /> &lt;br&gt;<br /> ====[[EternalCoin:Summary|Eternal Coin]]====<br /> The [[EternalCoin:Summary|Eternal Coin]] programme aims to initiate a global discussion on the nature of money and the concept of value. It takes a long-term and inter-generational approach and is an educative programme teaching the theory and mechanics of currencies.<br /> &lt;br&gt;<br /> ==[[ExtZy:Summary|ExtZy]]==<br /> [[File: Extzy graph.jpg|thumb|100px|[http://www.extzy.net/ ExtZy Index]]]<br /> [[ExtZy:Summary|ExtZy]] is a [http://www.extzy.net/ community] created by Z/Yen that explores prediction markets through web-page popularity. Players can [http://www.extzy.net/ buy shares] in those sites that they think will grow in popularity and then trade their dividends in for real prizes.<br /> &lt;br&gt;<br /> <br /> ==[[RealTimeClub:Summary|Real Time Club]]==<br /> Founded in 1967, the [http://www.realtimeclub.org/ Real Time Club] is believed to be the world’s oldest IT dining Club. The Club is dedicated to participative [http://www.realtimeclub.org/index.php/component/rtcmeetings/?Itemid=22 events] that provide “rapid responses to the challenges of the information society”.<br /> &lt;br&gt;<br /> <br /> In addition to the events hosted, the Real Time Club’s [http://www.realtimeclub.org/index.php/your-profile?view=registration online community] and [http://www.zyen.info/mediawiki/newzyen/index.php?title=Special:AllPages&amp;namespace=502 Wiki pages] provide a space for members to interact, network and organize future events. <br /> &lt;br&gt;<br /> =Online Tools=<br /> Z/Yen has developed several tools for its communities. These include tools to calculate potential future CO2 prices and to estimate the potential impact of different policy scenarios on your business, such as a [http://zyen.info/Qv3/QPyIn.py?qrid=6824156999406202&amp;state=new&amp;set=63|735 Price Impact Calculator], a [http://zyen.info/Qv3/QPyIn.py?qrid=7870709104438437&amp;state=new&amp;set=63|735 Carbon Footprint Calculator] and a [http://www.longfinance.net/component/tcmodel/?task=investment&amp;iid=3347891746244936&amp;Itemid=128 Investment Return Calculator]. <br /> &lt;br&gt;<br /> <br /> '''Top Financial Centre – [http://www.zyen.info/mediawiki/newzyen/index.php/File:London(Black),_NewYork(Navy),_HongKong(Blue).png London, New York or Hong Kong?]'''<br /> Other tools allow you to compare and track [http://www.longfinance.net/component/gfcigraph/ city’s progress in GFCI], or to engage other members at the [http://www.extzy.net/ website trading game].</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=Z/Yen_Wiki_HOME&diff=53 2023-07-21T14:56:42Z

<p>Ben Morris: </p> <hr /> <div>Z/Yen invites you to share your knowledge and expertise on the Wiki, contributing on topics from [[LongFinance:Confidence Accounting|Confidence Accounting]] to [[London_Accord:_Green_Finance|Green Finance]]. We are also happy to host related wikis, e.g. [[INDEX:Financial Services Group of Livery Companies|Financial Services Group of Livery Companies]].<br /> &lt;br&gt;<br /> <br /> =CommunityZ=<br /> [[File:SpringConference2012.jpg|thumb|200px| [http://www.longfinance.net/events/long-finance-conferences.html Spring Conference 2012]]]<br /> Through a belief that community building facilitates knowledge sharing, encourages innovation and enables the development of sound strategies to achieve objectives, Z/Yen has founded several on- and off- line communities. These communities flourish through online activities, including community websites, blogs and surveys; and real world events, including conferences, colloquies, round table discussions and report launches. <br /> &lt;br&gt;<br /> <br /> Z/Yen CommunityZ include [[Long_Finance|Long Finance]] ([[LondonAccord:Summary|London Accord]], [[FinancialCentreFutures:Summary|Financial Centre Futures]], [[Meta-Commerce:Summary|Meta-Commerce]] &amp; the [[EternalCoin:Summary|Eternal Coin]]), in addition to [[ExtZy:Summary|ExtZy]] and the [[RealTimeClub:Summary|Real Time Club]].<br /> &lt;br&gt;<br /> ==Long Finance==<br /> The Long Finance Initiative began in 2007 with a question:<br /> '''''When would we know our financial system is working?'''''<br /> &lt;br&gt;<br /> <br /> [[ZYen:Long Finance|Long Finance]] aims to improve society’s understanding and use of finance over the long term, by posing awkward questions and encouraging innovative answers. <br /> &lt;br&gt;<br /> <br /> As a [http://www.longfinance.net/online-community.html community] Long Finance seeks to expand frontiers, change systems and deliver services. Long Finance activities include providing evidence based examples of how financing methods work and don’t work, and then developing the methodologies to solve these financial problems. Long Finance research interests range from a Standards Markets approach to regulation to the nature of money. [[ZYen:Long Finance|Long Finance]] hosts roughly 30 [http://www.longfinance.net/events.html events] a year including the bi-annual [http://www.longfinance.net/events/long-finance-conferences.html conferences], and runs four programs including: the [[LondonAccord:Summary|London Accord]], the [[FinancialCentreFutures:Summary|Financial Centre Futures]], the [[ZYen:Eternal Coin|Eternal Coin]] and [[ZYen: Meta-Commerce |Meta-Commerce]].<br /> &lt;br&gt;<br /> ====[[LondonAccord:Summary|London Accord]]====<br /> Recognising that today's extra financial issues are tomorrow's key investment drivers, the [[LondonAccord:Summary|London Accord]] acts as a nexus between the financial services industry and society to encourage long-term thinking on finance and environmental, social &amp; governance (ESG) issues. This is achieved through sharing [http://www.longfinance.net/la-reports.html recent reports], writing [http://www.zyen.info/mediawiki/newzyen/index.php?title=Special:AllPages&amp;namespace=500 wiki articles] and promoting [[LondonAccord:Awards|awards]] that acknowledge contributions to [[LondonAccord:Sustainability|sustainability]]. The London Accord [http://www.longfinance.net/groups/viewgroup/3-london-accord.html group] on the [http://www.longfinance.net/online-community.html Long Finance community] offers opportunities to network with like-minded thought leaders, and get updates on future events. <br /> &lt;br&gt;<br /> ==== [[FinancialCentreFutures:Summary|Financial Centre Futures]]====<br /> The [[FinancialCentreFutures:Summary|Financial Centre Futures]] program seeks to initiate discussion on the changing landscape of global finance and explore how it might work in the future. The programme includes the [[ZYen:Global Financial Centres Index|Global Financial Centres Index]] (GFCI). This is a bi-annual publication, first produced by the [http://www.zyen.com Z/Yen Group] in March 2007, which examines major financial centres across the world in terms of competitiveness.<br /> &lt;br&gt;<br /> <br /> The index draws on the experience of a community of nearly 2000 financial services professionals worldwide, who take the questionnaire. These contributions are combined with a selection of instrumental factors to form a factor assessment model, which is used calculate the ratings and rankings. People can engage further in the Financial Centre Futures program through joining the community [http://www.longfinance.net/groups/viewgroup/5-financial-centre-futures.html group]. <br /> &lt;br&gt;<br /> ====[[ZYen:Meta-Commerce|Meta-Commerce]]====<br /> The [[Meta-Commerce:Summary|Meta-Commerce]] programme aims to map the road to [[ZYen:Long Finance|Long Finance]] by identifying a set of core questions that need solving in order to have a working financial system. The program links economics, finance and society. Inspired by [http://en.wikipedia.org/wiki/Hilbert's_problems David Hilbert's 23 questions] project of 1900, the [[Meta-Commerce:Summary|Meta-Commerce]] programme aims to use a road map of questions to help prioritise future research and direct action. So far, the community has developed over 70 [http://www.zyen.info/mediawiki/newzyen/index.php/ZYen:Meta-Commerce#The_Question.27s questions] and topics for discussion.<br /> &lt;br&gt;<br /> ====[[EternalCoin:Summary|Eternal Coin]]====<br /> The [[EternalCoin:Summary|Eternal Coin]] programme aims to initiate a global discussion on the nature of money and the concept of value. It takes a long-term and inter-generational approach and is an educative programme teaching the theory and mechanics of currencies.<br /> &lt;br&gt;<br /> ==[[ExtZy:Summary|ExtZy]]==<br /> [[File: Extzy graph.jpg|thumb|100px|[http://www.extzy.net/ ExtZy Index]]]<br /> [[ExtZy:Summary|ExtZy]] is a [http://www.extzy.net/ community] created by Z/Yen that explores prediction markets through web-page popularity. Players can [http://www.extzy.net/ buy shares] in those sites that they think will grow in popularity and then trade their dividends in for real prizes.<br /> &lt;br&gt;<br /> <br /> ==[[RealTimeClub:Summary|Real Time Club]]==<br /> Founded in 1967, the [http://www.realtimeclub.org/ Real Time Club] is believed to be the world’s oldest IT dining Club. The Club is dedicated to participative [http://www.realtimeclub.org/index.php/component/rtcmeetings/?Itemid=22 events] that provide “rapid responses to the challenges of the information society”.<br /> &lt;br&gt;<br /> <br /> In addition to the events hosted, the Real Time Club’s [http://www.realtimeclub.org/index.php/your-profile?view=registration online community] and [http://www.zyen.info/mediawiki/newzyen/index.php?title=Special:AllPages&amp;namespace=502 Wiki pages] provide a space for members to interact, network and organize future events. <br /> &lt;br&gt;<br /> =Online Tools=<br /> Z/Yen has developed several tools for its communities. These include tools to calculate potential future CO2 prices and to estimate the potential impact of different policy scenarios on your business, such as a [http://zyen.info/Qv3/QPyIn.py?qrid=6824156999406202&amp;state=new&amp;set=63|735 Price Impact Calculator], a [http://zyen.info/Qv3/QPyIn.py?qrid=7870709104438437&amp;state=new&amp;set=63|735 Carbon Footprint Calculator] and a [http://www.longfinance.net/component/tcmodel/?task=investment&amp;iid=3347891746244936&amp;Itemid=128 Investment Return Calculator]. <br /> &lt;br&gt;<br /> <br /> '''Top Financial Centre – [http://www.zyen.info/mediawiki/newzyen/index.php/File:London(Black),_NewYork(Navy),_HongKong(Blue).png London, New York or Hong Kong?]'''<br /> Other tools allow you to compare and track [http://www.longfinance.net/component/gfcigraph/ city’s progress in GFCI], or to engage other members at the [http://www.extzy.net/ website trading game].</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=Long_Finance&diff=51 2023-07-21T14:55:18Z

<p>Ben Morris: Ben Morris moved page ZYen:Long Finance to Long Finance</p> <hr /> <div>[[File:LF Logo red.jpeg|frame]]<br /> <br /> == Objective ==<br /> Established in 2007 by [[ZYen Wiki HOME|Z/Yen]] Group in conjunction with [[ZYen:Gresham College|Gresham College]], the Long Finance initiative began with a conundrum – “when would we know our financial system is working?” Long Finance aims to “improve society’s understanding and use of finance over the long-term”, in contrast to the short-termism that defines today’s financial industry. The immediate objective of the initiative is to establish a Foundation that can ignite global debate on long-term finance, by examining how commerce should enable and encourage environmental and social [[LondonAccord:Sustainability|Sustainability]].<br /> <br /> The Foundation would have four major outcomes:<br /> <br /> #Expand frontiers - developing methodologies to solve ‘wicked’ financial problems by, for example, developing workshop tools, case studies, software, and training;<br /> #Change systems – providing evidence-based examples through research of how financing methods work, and don’t work; ranging from financial risk and problem-analysis to structural governmental and investment implications;<br /> #Deliver services – conferences and training using collaborative tools and theory;<br /> #Build communities – forming new collaborative groups and spin-offs through meeting, networking, events, and the use of social networking tools; engaging with communities by posing questions of broad interest, e.g., “how might a 20-year-old responsibly enter into a financial structure for his or her retirement?” or “when could investors safely fund a 75 to 100 year forestry project?”<br /> <br /> == Activities ==<br /> The iconic project for Long Finance is the [[ZYen:Eternal Coin|Eternal Coin]], a global educational experience about the meaning of money as a medium of exchange and a resilient [[LongFinance:Store of Value|store of value]]. The fundamental project for Long Finance is to develop a [[ZYen:Meta-Commerce|meta-commerce]] guide, a road map of the key questions that need resolution over the next 100 years. While we will restructure research priorities as we progress, Long Finance intends to conduct detailed research in eight thematic areas - [[long-term vs. short-term]], [[fiscal vs. monetary]], [[free vs. regulated]], [[selfish vs. selfless]], [[mutual vs. public-sector versus private-sector]], [[rational vs. behavioural]], [[sustainability vs. robustness vs. resilience]], and [[theory vs. practice]]. Long Finance research projects range from [[monetary systems]] to a [[Standards Markets approach to regulation]].<br /> <br /> Another theme - short-term implications of long term issues - is being carried forward by the [[ZYen:Long Finance Forum of Futurists (L3F)|Long Finance Forum of Futurists (L3F)]], to which Dr Oliver Sparrow has contributed the paper [[ZYen:Long Range Finance|Long Range Finance]].<br /> <br /> So far we have given presentations around Europe and North America and published a book, [http://www.zyen.com/index.php?option=com_content&amp;view=article&amp;id=26&amp;Itemid=118 The Road To Long Finance]. We had a successful launch at Gresham College in July 2009 to get the debate going which was attended by 120 financial people. We’ve assembled a “kitchen cabinet” of leading bankers, investors, risk managers, journalists, sharia financiers, students, regulators and politicians. We boast an official historian and a writer-in-residence. We have begun planning and budgeting core activities, as well as starting to assemble over 70 proposed research papers within the eight themes. These proposed research projects range from studying institutions that have demonstrated great longevity, e.g. the Vatican, to what we can learn from economics in harsh climates, to the value of high frequency trading. We aim to target the problems of finance by combining the styles of [http://www.longnow.org/ Long Now], [http://www.santafe.edu/ Santa Fe Institute], and [[LondonAccord:London Accord|London Accord]].<br /> <br /> == Next Steps ==<br /> The near-term objective is to get pilot funding. The scale of funding could range from £/$/€9M to £/$/€15M over three years. Discussions have begun with financial firms, professional firms, information services firms, financial centres, foundations and governments, leading to some formal proposals now being considered. More discussions are welcome!<br /> <br /> == See also ==<br /> George Bull, &quot;[http://www.zyen.info/joomla/zyen/PDF/GB_SIR_Feature221209.pdf Breaking Up The Banks]&quot;, Securities &amp; Investment Review, Chartered Institute for Securities &amp; Investment, pages 12-14 (January 2010).<br /> <br /> Michael Mainelli, &quot;[http://www.zyen.com/index.php?option=com_content&amp;view=article&amp;id=611&amp;Itemid=32 The Eternal Coin – Made From Real Money: Risks In Fiat Currencies]&quot;, Journal of Risk Finance, Volume 11, Number 1, pages 111-116, Emerald Group Publishing (January 2010).<br /> <br /> Mick James, &quot;[http://www.consultant-news.com/Article_Display.aspx?p=adp&amp;ID=6361 Dealing With Short-Term Consequences Of Short-Term Thinking]&quot;, Consultant-News.com (25 November 2009).<br /> <br /> Insurance Institute of Ireland, Industry Leaders Summit - &quot;[http://www.zyen.com/PDF/Long%20Finance%20-%20Insurance%20Institute%20Of%20Ireland.pdf Long Finance: When Would We Know Our Financial System Is Working?]&quot; Dublin, Ireland (8 October 2009).<br /> <br /> Key recommendation - Michael Mainelli, &quot;[http://www.zyen.com/index.php/activities/long-finance/227.html Rewiring Business]&quot;, Financial World, page 38, IFS School of Finance (July/August 2009).<br /> <br /> Gresham College - &quot;[http://www.gresham.ac.uk/event.asp?PageId=45&amp;EventId=896 Metamorphoses The Terrible Beauty of Change]&quot; - London, England (22 June 2009).<br /> <br /> Michael Mainelli, &quot;[http://www.zyen.com/index.php?option=com_content&amp;view=article&amp;id=613&amp;Itemid=14 From The Religion Of Regulation To Long Finance]&quot;, Reforming The City: Responses To The Global Financial Crisis, Chapter 11, Sam Whimster (ed), pages 159-167, Forumpress (2009).<br /> <br /> Original article - Michael Mainelli, &quot;[http://www.zyen.com/index.php/activities/long-finance/232.html Long Finance]&quot;, Journal of Risk Finance, Volume 10, Number 2, pages 193-195, Emerald Group Publishing Limited (April 2009).<br /> <br /> Michael Mainelli, &quot;[http://www.zyen.com/index.php?option=com_content&amp;view=article&amp;id=235 The Wicked Problem Of Good Financial Markets]&quot;, Journal of Risk Finance, Volume 9, Number 502-508, Emerald Group Publishing Limited (December 2008).</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=Z/Yen_Wiki_HOME&diff=50 2023-07-21T14:54:45Z

<p>Ben Morris: </p> <hr /> <div>Z/Yen invites you to share your knowledge and expertise on the Wiki, contributing on topics from [[LongFinance:Confidence Accounting|Confidence Accounting]] to [[London_Accord:_Green_Finance|Green Finance]]. We are also happy to host related wikis, e.g. [[INDEX:Financial Services Group of Livery Companies|Financial Services Group of Livery Companies]].<br /> &lt;br&gt;<br /> <br /> =CommunityZ=<br /> [[File:SpringConference2012.jpg|thumb|200px| [http://www.longfinance.net/events/long-finance-conferences.html Spring Conference 2012]]]<br /> Through a belief that community building facilitates knowledge sharing, encourages innovation and enables the development of sound strategies to achieve objectives, Z/Yen has founded several on- and off- line communities. These communities flourish through online activities, including community websites, blogs and surveys; and real world events, including conferences, colloquies, round table discussions and report launches. <br /> &lt;br&gt;<br /> <br /> Z/Yen CommunityZ include [[ZYen:Long Finance|Long Finance]] ([[LondonAccord:Summary|London Accord]], [[FinancialCentreFutures:Summary|Financial Centre Futures]], [[Meta-Commerce:Summary|Meta-Commerce]] &amp; the [[EternalCoin:Summary|Eternal Coin]]), in addition to [[ExtZy:Summary|ExtZy]] and the [[RealTimeClub:Summary|Real Time Club]].<br /> &lt;br&gt;<br /> ==Long Finance==<br /> The Long Finance Initiative began in 2007 with a question:<br /> '''''When would we know our financial system is working?'''''<br /> &lt;br&gt;<br /> <br /> [[ZYen:Long Finance|Long Finance]] aims to improve society’s understanding and use of finance over the long term, by posing awkward questions and encouraging innovative answers. <br /> &lt;br&gt;<br /> <br /> As a [http://www.longfinance.net/online-community.html community] Long Finance seeks to expand frontiers, change systems and deliver services. Long Finance activities include providing evidence based examples of how financing methods work and don’t work, and then developing the methodologies to solve these financial problems. Long Finance research interests range from a Standards Markets approach to regulation to the nature of money. [[ZYen:Long Finance|Long Finance]] hosts roughly 30 [http://www.longfinance.net/events.html events] a year including the bi-annual [http://www.longfinance.net/events/long-finance-conferences.html conferences], and runs four programs including: the [[LondonAccord:Summary|London Accord]], the [[FinancialCentreFutures:Summary|Financial Centre Futures]], the [[ZYen:Eternal Coin|Eternal Coin]] and [[ZYen: Meta-Commerce |Meta-Commerce]].<br /> &lt;br&gt;<br /> ====[[LondonAccord:Summary|London Accord]]====<br /> Recognising that today's extra financial issues are tomorrow's key investment drivers, the [[LondonAccord:Summary|London Accord]] acts as a nexus between the financial services industry and society to encourage long-term thinking on finance and environmental, social &amp; governance (ESG) issues. This is achieved through sharing [http://www.longfinance.net/la-reports.html recent reports], writing [http://www.zyen.info/mediawiki/newzyen/index.php?title=Special:AllPages&amp;namespace=500 wiki articles] and promoting [[LondonAccord:Awards|awards]] that acknowledge contributions to [[LondonAccord:Sustainability|sustainability]]. The London Accord [http://www.longfinance.net/groups/viewgroup/3-london-accord.html group] on the [http://www.longfinance.net/online-community.html Long Finance community] offers opportunities to network with like-minded thought leaders, and get updates on future events. <br /> &lt;br&gt;<br /> ==== [[FinancialCentreFutures:Summary|Financial Centre Futures]]====<br /> The [[FinancialCentreFutures:Summary|Financial Centre Futures]] program seeks to initiate discussion on the changing landscape of global finance and explore how it might work in the future. The programme includes the [[ZYen:Global Financial Centres Index|Global Financial Centres Index]] (GFCI). This is a bi-annual publication, first produced by the [http://www.zyen.com Z/Yen Group] in March 2007, which examines major financial centres across the world in terms of competitiveness.<br /> &lt;br&gt;<br /> <br /> The index draws on the experience of a community of nearly 2000 financial services professionals worldwide, who take the questionnaire. These contributions are combined with a selection of instrumental factors to form a factor assessment model, which is used calculate the ratings and rankings. People can engage further in the Financial Centre Futures program through joining the community [http://www.longfinance.net/groups/viewgroup/5-financial-centre-futures.html group]. <br /> &lt;br&gt;<br /> ====[[ZYen:Meta-Commerce|Meta-Commerce]]====<br /> The [[Meta-Commerce:Summary|Meta-Commerce]] programme aims to map the road to [[ZYen:Long Finance|Long Finance]] by identifying a set of core questions that need solving in order to have a working financial system. The program links economics, finance and society. Inspired by [http://en.wikipedia.org/wiki/Hilbert's_problems David Hilbert's 23 questions] project of 1900, the [[Meta-Commerce:Summary|Meta-Commerce]] programme aims to use a road map of questions to help prioritise future research and direct action. So far, the community has developed over 70 [http://www.zyen.info/mediawiki/newzyen/index.php/ZYen:Meta-Commerce#The_Question.27s questions] and topics for discussion.<br /> &lt;br&gt;<br /> ====[[EternalCoin:Summary|Eternal Coin]]====<br /> The [[EternalCoin:Summary|Eternal Coin]] programme aims to initiate a global discussion on the nature of money and the concept of value. It takes a long-term and inter-generational approach and is an educative programme teaching the theory and mechanics of currencies.<br /> &lt;br&gt;<br /> ==[[ExtZy:Summary|ExtZy]]==<br /> [[File: Extzy graph.jpg|thumb|100px|[http://www.extzy.net/ ExtZy Index]]]<br /> [[ExtZy:Summary|ExtZy]] is a [http://www.extzy.net/ community] created by Z/Yen that explores prediction markets through web-page popularity. Players can [http://www.extzy.net/ buy shares] in those sites that they think will grow in popularity and then trade their dividends in for real prizes.<br /> &lt;br&gt;<br /> <br /> ==[[RealTimeClub:Summary|Real Time Club]]==<br /> Founded in 1967, the [http://www.realtimeclub.org/ Real Time Club] is believed to be the world’s oldest IT dining Club. The Club is dedicated to participative [http://www.realtimeclub.org/index.php/component/rtcmeetings/?Itemid=22 events] that provide “rapid responses to the challenges of the information society”.<br /> &lt;br&gt;<br /> <br /> In addition to the events hosted, the Real Time Club’s [http://www.realtimeclub.org/index.php/your-profile?view=registration online community] and [http://www.zyen.info/mediawiki/newzyen/index.php?title=Special:AllPages&amp;namespace=502 Wiki pages] provide a space for members to interact, network and organize future events. <br /> &lt;br&gt;<br /> =Online Tools=<br /> Z/Yen has developed several tools for its communities. These include tools to calculate potential future CO2 prices and to estimate the potential impact of different policy scenarios on your business, such as a [http://zyen.info/Qv3/QPyIn.py?qrid=6824156999406202&amp;state=new&amp;set=63|735 Price Impact Calculator], a [http://zyen.info/Qv3/QPyIn.py?qrid=7870709104438437&amp;state=new&amp;set=63|735 Carbon Footprint Calculator] and a [http://www.longfinance.net/component/tcmodel/?task=investment&amp;iid=3347891746244936&amp;Itemid=128 Investment Return Calculator]. <br /> &lt;br&gt;<br /> <br /> '''Top Financial Centre – [http://www.zyen.info/mediawiki/newzyen/index.php/File:London(Black),_NewYork(Navy),_HongKong(Blue).png London, New York or Hong Kong?]'''<br /> Other tools allow you to compare and track [http://www.longfinance.net/component/gfcigraph/ city’s progress in GFCI], or to engage other members at the [http://www.extzy.net/ website trading game].</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=London_Accord:_Green_Finance&diff=49 2023-07-21T14:48:19Z

<p>Ben Morris: </p> <hr /> <div>==Green Financial Services Industry==<br /> <br /> If financial services accounts for around 8 percent of global GDP, and Information and Communication Technologies (ICT) account for about 4 percent of total energy consumption, then the financial services industry is responsible for at least 0.32 percent of global carbon emissions. Call it 0.5 percent, given the industry’s fascination with and intense use of ICT. A reasonable target is to reduce electricity consumption a bit, but many climate change analyses talk of impact reductions in the order of 80%, i.e. reduce consumption by four-fifths. A 2009 report by SAMI Consulting for the City of London pointed out that finance's growing ICT intensity made future power supplies the City's major infrastructure problem[http://www.cityoflondon.gov.uk/NR/rdonlyres/BD28AC92-B6DE-45AF-8690-9ACE76E09D2B/0/RS_BC_assessingICT.pdf].<br /> <br /> One change underway is roving grid computing for heavy MIP (million instructions per second) applications. Value-at-risk (VAR) or portfolio optimization applications could be dynamically scheduled to run where carbon emissions are lowest. Smart grids and energy sourcing strategies mix. A New York bank could take advantage, for example, of cheap French overnight nuclear (low carbon) power or Danish wind energy. As carbon and power markets converge, roving processing correlates with low power prices.<br /> <br /> A second change is to optimise the efficiency of applications and operating systems. Reduce MIPs. Today’s ICT departments can easily and materially reduce usage through simple expedients such as software that shuts down unused machines. However, years of organic growth have resulted in grossly inefficient ICT infrastructure that requires replacement. ICT departments have been profligate with scores of unused features now lurking on desktops, gobbling processor time and energy, waiting aimlessly to be called into action. Computational efficiency used to be a badge of pride among assembler programmers. Project managers, systems analysts and programmers can radically reduce MIP usage through redesign at all levels - applications, middleware, operating systems, hardware and grid. <br /> <br /> Of course, reducing MIPs also reduces latency, so a third, more radical change would be to challenge the excessive importance of latency itself. Low latency, with its knock-on implications for market data rates and gross power, has been on the agenda of buy and sell side firms for a few years. Today multi-lateral trading facilities (MTFs) and suppliers talk about &quot;ultra low&quot; latency. By co-locating servers close to exchanges, banks, investment managers and traders subject themselves to local power sources. Financial services firms need to rethink markets. Can we redesign markets so that traders using an Icelandic geothermally-powered, low-carbon emission server farm trade on equal terms with a London-based server farm near the London Stock Exchange’s server farm running on electricity produced by a coal-fired power station? Should the London Stock Exchange server farm be based near New Zealand geothermal energy?<br /> <br /> Financial services could break loose of latency binds if firms convinced exchanges to use periodic auctions every few seconds, easing today’s latency pressures by several orders of magnitude. Most algorithmic and time-sensitive trading occurs in a limited number of typically highly liquid instruments. On the London Stock Exchange, it’s a score of stocks led by Vodafone. Periodic block auctions have attracted academic interest as exhibiting potentially more efficient allocation, pricing and efficiency across the market, as opposed to existing simplistic &quot;first-in, first-out&quot; models. There are numerous variations on periodic auctions that deserve examination. As buy-side firms, sell-side brokerages and exchanges trumpet their environmental credentials, it seems hypocritical to structure markets in environmentally damaging ways when there might be more environmentally benign structures that also equate with more efficient markets.<br /> <br /> Roving processing and energy sources, slashing MIP requirements, and redesigning exchange architectures will all matter when seeking an 80 percent reduction in environmental impact. <br /> <br /> ===Publications===<br /> Michael Mainelli, [http://www.zyen.com/index.php/knowledge/index.php?option=com_content&amp;view=article&amp;id=229 &quot;Green Data: Impact Versus Low Latency?&quot;], Inside Market Data, Volume 24, Number 32, page 9, Incisive Media Limited (11 May 2009).<br /> <br /> Interesting article about a Verdantix report praising cloud computing as cutting emissions - http://www.climateactionprogramme.org/news/cloud_computing_a_silver_lining_for_climate_change/ - and the report itself - https://www.cdproject.net/Documents/Cloud-Computing-The-IT-Solution-for-the-21st-Century.pdf<br /> <br /> &quot;Koomey's Law&quot; related to Moore's Law, that we can expect comparable improvements in IT energy efficiency - http://www.economist.com/node/21531350<br /> <br /> Long Finance Discussion - http://www.longfinance.net/groups7/viewdiscussion/30-fast-and-furious-or-fair-not-fast.html?groupid=4<br /> <br /> [[Category:London_Accord]]</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=London_Accord:_Awards&diff=48 2023-07-21T14:47:21Z

<p>Ben Morris: </p> <hr /> <div>== Environmental, Social and Governance Awards ==<br /> <br /> Numerous environmental, social and governance (ESG) awards exist that are of interest to the [[LondonAccord:London Accord|London Accord]] community. The London Accord itself sponsors the [[LondonAccord:Farsight Award|Farsight Award]] for the best in long-term ESG investment research. The Farsight Award is now part of the [http://www.cityoflondon.gov.uk/ City of London Corporation's] [http://www.cityoflondon.gov.uk/corporation/LGNL_Services/Environment_and_planning/Sustainability/Sustainable_City_Awards/ '''Sustainable City Awards''']<br /> <br /> Michael Mainelli will be on the judging panel for the [http://www.london-accord.co.uk/images/PDF/banking%20tech%20awards.pdf Banking Technology Awards 2010] - noteworthy is the '''Green IT Initiative by a Financial Institution''' category. Entries close 6 August and voting ends 31 August 2010. Read more on our [[LondonAccord:Sustainability|Sustainability]] page... <br /> <br /> <br /> Distinguished award schemes:<br /> * [[LondonAccord:Farsight Award|Farsight Award]]<br /> * [http://www.bankingtech.com/bankingtech/resourceNoAds.do?id=bat:awardsreaders&amp;section=awards Banking Technology Awards]<br /> * [[LondonAccord:Rushlight Awards|Rushlight Awards]]<br /> * [http://www.thegreenorganisation.info/ Green Apple Awards]<br /> * [http://www.queensawards.org.uk/ The Queen's Awards]<br /> * [http://ec.europa.eu/environment/awards/index_en.htm European Business Awards for the Environment]<br /> <br /> [[Category:London_Accord]]</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=London_Accord:_Summary&diff=47 2023-07-21T14:46:13Z

<p>Ben Morris: </p> <hr /> <div>At some £10M of donated research to date, the London Accord is the world’s largest cooperative investment research programme into climate change and other environmental, social and governance issues. Encompassing over 30 concerned investment firms and banks, the City of London Corporation, [[ZYen:Gresham College|Gresham College]] and BP, as well as nearly 2,000 individual members, the community constitutes a good sample of investor sentiment. <br /> <br /> The London Accord was founded in April 2005 by [http://www.zyen.com Z/Yen Group]. The aim of the London Accord is to improve policy making by providing policy makers with investment research on environmental, social and governance (ESG) issues. The slogan of the London Accord is ''“Towards better policies through shared investment research”''. Though the project is global, with contributions from investment researchers in numerous countries, the name originates from the Accord (Agreement) to share research which was struck in London in 2007.<br /> <br /> <br /> The London Accord was [http://www.cityoflondon.gov.uk/Corporation/media_centre/files2007/City+launches+pioneering+London+Accord+project.htm formally launched] in March 2007 at Thomson Reuters in Docklands and published its first set of 24 reports on 19 December 2007 before 300 people and the Lord Mayor of London at Mansion House in London. The London Accord report summary of December 2007 said:<br /> <br /> *The Intergovernmental Panel on Climate Change (IPCC) shows that the world needs to act to avoid disastrous climate change, and act now. There are no situations we can't find the way from! As you realize, [http://exclusivepapers.com essay writers writing service] should assist you see the way out from academic papers completing embarrassment. <br /> *The Stern Report shows that the overall cost of strong early action is much less than the cost of inaction.<br /> *The International Energy Agency shows the changes in fuel mix and energy usage that are necessary to stabilise greenhouse gas concentrations at a safe level.<br /> *The UN Framework Convention on Climate Change (UNFCC) shows how much money is required by region and by technology to realise a scenario that achieves stabilisation, showing further that 86% of that investment has to come from the private sector. That equates to private sector investment through 2030 in excess of $600bn per year.<br /> <br /> The key findings of the 2007 report were:<br /> *Energy investment is going to become much, much riskier.<br /> *The key governmental focus should be on establishing cap-and-trade markets, then international carbon standards, then regulation; not taxation.<br /> *Forestry is a big unknown – governments should fund research into the real extent of abatement potential and the real costs of forestation.<br /> *Carbon capture and sequestration/storage (CCS) seems an unrealistic investment.<br /> <br /> Since 2007, the community has continued to share investment research, now amounting to over 300 [http://www.london-accord.co.uk/index.php?option=com_yuidt&amp;Itemid=108 reports].<br /> <br /> [[Category:London_Accord]]</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=MediaWiki:Sidebar&diff=46 2023-07-21T14:45:06Z

<p>Ben Morris: </p> <hr /> <div><br /> * navigation<br /> ** mainpage|mainpage-description<br /> ** recentchanges-url|recentchanges<br /> ** randompage-url|randompage<br /> ** helppage|help-mediawiki<br /> ** Special:AllPages|All Pages<br /> ** Category:London_Accord|London Accord<br /> * SEARCH<br /> * TOOLBOX<br /> * LANGUAGES</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=Category:London_Accord&diff=45 2023-07-21T14:44:33Z

<p>Ben Morris: Created blank page</p> <hr /> <div></div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=London_Accord:_Summary&diff=44 2023-07-21T14:41:06Z

<p>Ben Morris: Ben Morris moved page LondonAccord:Summary to London Accord: Summary without leaving a redirect</p> <hr /> <div>At some £10M of donated research to date, the London Accord is the world’s largest cooperative investment research programme into climate change and other environmental, social and governance issues. Encompassing over 30 concerned investment firms and banks, the City of London Corporation, [[ZYen:Gresham College|Gresham College]] and BP, as well as nearly 2,000 individual members, the community constitutes a good sample of investor sentiment. <br /> <br /> The London Accord was founded in April 2005 by [http://www.zyen.com Z/Yen Group]. The aim of the London Accord is to improve policy making by providing policy makers with investment research on environmental, social and governance (ESG) issues. The slogan of the London Accord is ''“Towards better policies through shared investment research”''. Though the project is global, with contributions from investment researchers in numerous countries, the name originates from the Accord (Agreement) to share research which was struck in London in 2007.<br /> <br /> <br /> The London Accord was [http://www.cityoflondon.gov.uk/Corporation/media_centre/files2007/City+launches+pioneering+London+Accord+project.htm formally launched] in March 2007 at Thomson Reuters in Docklands and published its first set of 24 reports on 19 December 2007 before 300 people and the Lord Mayor of London at Mansion House in London. The London Accord report summary of December 2007 said:<br /> <br /> *The Intergovernmental Panel on Climate Change (IPCC) shows that the world needs to act to avoid disastrous climate change, and act now. There are no situations we can't find the way from! As you realize, [http://exclusivepapers.com essay writers writing service] should assist you see the way out from academic papers completing embarrassment. <br /> *The Stern Report shows that the overall cost of strong early action is much less than the cost of inaction.<br /> *The International Energy Agency shows the changes in fuel mix and energy usage that are necessary to stabilise greenhouse gas concentrations at a safe level.<br /> *The UN Framework Convention on Climate Change (UNFCC) shows how much money is required by region and by technology to realise a scenario that achieves stabilisation, showing further that 86% of that investment has to come from the private sector. That equates to private sector investment through 2030 in excess of $600bn per year.<br /> <br /> The key findings of the 2007 report were:<br /> *Energy investment is going to become much, much riskier.<br /> *The key governmental focus should be on establishing cap-and-trade markets, then international carbon standards, then regulation; not taxation.<br /> *Forestry is a big unknown – governments should fund research into the real extent of abatement potential and the real costs of forestation.<br /> *Carbon capture and sequestration/storage (CCS) seems an unrealistic investment.<br /> <br /> Since 2007, the community has continued to share investment research, now amounting to over 300 [http://www.london-accord.co.uk/index.php?option=com_yuidt&amp;Itemid=108 reports].<br /> <br /> {{Special:Prefixindex/LondonAccord:}}</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=London_Accord:_Green_Finance&diff=43 2023-07-21T14:40:34Z

<p>Ben Morris: Ben Morris moved page LondonAccord:Green Finance to London Accord: Green Finance without leaving a redirect</p> <hr /> <div>==Green Financial Services Industry==<br /> <br /> If financial services accounts for around 8 percent of global GDP, and Information and Communication Technologies (ICT) account for about 4 percent of total energy consumption, then the financial services industry is responsible for at least 0.32 percent of global carbon emissions. Call it 0.5 percent, given the industry’s fascination with and intense use of ICT. A reasonable target is to reduce electricity consumption a bit, but many climate change analyses talk of impact reductions in the order of 80%, i.e. reduce consumption by four-fifths. A 2009 report by SAMI Consulting for the City of London pointed out that finance's growing ICT intensity made future power supplies the City's major infrastructure problem[http://www.cityoflondon.gov.uk/NR/rdonlyres/BD28AC92-B6DE-45AF-8690-9ACE76E09D2B/0/RS_BC_assessingICT.pdf].<br /> <br /> One change underway is roving grid computing for heavy MIP (million instructions per second) applications. Value-at-risk (VAR) or portfolio optimization applications could be dynamically scheduled to run where carbon emissions are lowest. Smart grids and energy sourcing strategies mix. A New York bank could take advantage, for example, of cheap French overnight nuclear (low carbon) power or Danish wind energy. As carbon and power markets converge, roving processing correlates with low power prices.<br /> <br /> A second change is to optimise the efficiency of applications and operating systems. Reduce MIPs. Today’s ICT departments can easily and materially reduce usage through simple expedients such as software that shuts down unused machines. However, years of organic growth have resulted in grossly inefficient ICT infrastructure that requires replacement. ICT departments have been profligate with scores of unused features now lurking on desktops, gobbling processor time and energy, waiting aimlessly to be called into action. Computational efficiency used to be a badge of pride among assembler programmers. Project managers, systems analysts and programmers can radically reduce MIP usage through redesign at all levels - applications, middleware, operating systems, hardware and grid. <br /> <br /> Of course, reducing MIPs also reduces latency, so a third, more radical change would be to challenge the excessive importance of latency itself. Low latency, with its knock-on implications for market data rates and gross power, has been on the agenda of buy and sell side firms for a few years. Today multi-lateral trading facilities (MTFs) and suppliers talk about &quot;ultra low&quot; latency. By co-locating servers close to exchanges, banks, investment managers and traders subject themselves to local power sources. Financial services firms need to rethink markets. Can we redesign markets so that traders using an Icelandic geothermally-powered, low-carbon emission server farm trade on equal terms with a London-based server farm near the London Stock Exchange’s server farm running on electricity produced by a coal-fired power station? Should the London Stock Exchange server farm be based near New Zealand geothermal energy?<br /> <br /> Financial services could break loose of latency binds if firms convinced exchanges to use periodic auctions every few seconds, easing today’s latency pressures by several orders of magnitude. Most algorithmic and time-sensitive trading occurs in a limited number of typically highly liquid instruments. On the London Stock Exchange, it’s a score of stocks led by Vodafone. Periodic block auctions have attracted academic interest as exhibiting potentially more efficient allocation, pricing and efficiency across the market, as opposed to existing simplistic &quot;first-in, first-out&quot; models. There are numerous variations on periodic auctions that deserve examination. As buy-side firms, sell-side brokerages and exchanges trumpet their environmental credentials, it seems hypocritical to structure markets in environmentally damaging ways when there might be more environmentally benign structures that also equate with more efficient markets.<br /> <br /> Roving processing and energy sources, slashing MIP requirements, and redesigning exchange architectures will all matter when seeking an 80 percent reduction in environmental impact. <br /> <br /> ===Publications===<br /> Michael Mainelli, [http://www.zyen.com/index.php/knowledge/index.php?option=com_content&amp;view=article&amp;id=229 &quot;Green Data: Impact Versus Low Latency?&quot;], Inside Market Data, Volume 24, Number 32, page 9, Incisive Media Limited (11 May 2009).<br /> <br /> Interesting article about a Verdantix report praising cloud computing as cutting emissions - http://www.climateactionprogramme.org/news/cloud_computing_a_silver_lining_for_climate_change/ - and the report itself - https://www.cdproject.net/Documents/Cloud-Computing-The-IT-Solution-for-the-21st-Century.pdf<br /> <br /> &quot;Koomey's Law&quot; related to Moore's Law, that we can expect comparable improvements in IT energy efficiency - http://www.economist.com/node/21531350<br /> <br /> Long Finance Discussion - http://www.longfinance.net/groups7/viewdiscussion/30-fast-and-furious-or-fair-not-fast.html?groupid=4</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=MediaWiki:Sidebar&diff=42 2023-07-21T14:39:54Z

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Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=London_Accord:_Awards&diff=41 2023-07-21T14:38:42Z

<p>Ben Morris: Ben Morris moved page LondonAccord:Awards to London Accord: Awards without leaving a redirect</p> <hr /> <div>== Environmental, Social and Governance Awards ==<br /> <br /> Numerous environmental, social and governance (ESG) awards exist that are of interest to the [[LondonAccord:London Accord|London Accord]] community. The London Accord itself sponsors the [[LondonAccord:Farsight Award|Farsight Award]] for the best in long-term ESG investment research. The Farsight Award is now part of the [http://www.cityoflondon.gov.uk/ City of London Corporation's] [http://www.cityoflondon.gov.uk/corporation/LGNL_Services/Environment_and_planning/Sustainability/Sustainable_City_Awards/ '''Sustainable City Awards''']<br /> <br /> Michael Mainelli will be on the judging panel for the [http://www.london-accord.co.uk/images/PDF/banking%20tech%20awards.pdf Banking Technology Awards 2010] - noteworthy is the '''Green IT Initiative by a Financial Institution''' category. Entries close 6 August and voting ends 31 August 2010. Read more on our [[LondonAccord:Sustainability|Sustainability]] page... <br /> <br /> <br /> Distinguished award schemes:<br /> * [[LondonAccord:Farsight Award|Farsight Award]]<br /> * [http://www.bankingtech.com/bankingtech/resourceNoAds.do?id=bat:awardsreaders&amp;section=awards Banking Technology Awards]<br /> * [[LondonAccord:Rushlight Awards|Rushlight Awards]]<br /> * [http://www.thegreenorganisation.info/ Green Apple Awards]<br /> * [http://www.queensawards.org.uk/ The Queen's Awards]<br /> * [http://ec.europa.eu/environment/awards/index_en.htm European Business Awards for the Environment]</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=MediaWiki:Sidebar&diff=40 2023-07-20T08:34:36Z

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Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=London_Accord:_Summary&diff=39 2023-07-20T08:33:08Z

<p>Ben Morris: Created page with &quot;At some £10M of donated research to date, the London Accord is the world’s largest cooperative investment research programme into climate change and other environmental, social and governance issues. Encompassing over 30 concerned investment firms and banks, the City of London Corporation, Gresham College and BP, as well as nearly 2,000 individual members, the community constitutes a good sample of investor sentiment. The London Accord was...&quot;</p> <hr /> <div>At some £10M of donated research to date, the London Accord is the world’s largest cooperative investment research programme into climate change and other environmental, social and governance issues. Encompassing over 30 concerned investment firms and banks, the City of London Corporation, [[ZYen:Gresham College|Gresham College]] and BP, as well as nearly 2,000 individual members, the community constitutes a good sample of investor sentiment. <br /> <br /> The London Accord was founded in April 2005 by [http://www.zyen.com Z/Yen Group]. The aim of the London Accord is to improve policy making by providing policy makers with investment research on environmental, social and governance (ESG) issues. The slogan of the London Accord is ''“Towards better policies through shared investment research”''. Though the project is global, with contributions from investment researchers in numerous countries, the name originates from the Accord (Agreement) to share research which was struck in London in 2007.<br /> <br /> <br /> The London Accord was [http://www.cityoflondon.gov.uk/Corporation/media_centre/files2007/City+launches+pioneering+London+Accord+project.htm formally launched] in March 2007 at Thomson Reuters in Docklands and published its first set of 24 reports on 19 December 2007 before 300 people and the Lord Mayor of London at Mansion House in London. The London Accord report summary of December 2007 said:<br /> <br /> *The Intergovernmental Panel on Climate Change (IPCC) shows that the world needs to act to avoid disastrous climate change, and act now. There are no situations we can't find the way from! As you realize, [http://exclusivepapers.com essay writers writing service] should assist you see the way out from academic papers completing embarrassment. <br /> *The Stern Report shows that the overall cost of strong early action is much less than the cost of inaction.<br /> *The International Energy Agency shows the changes in fuel mix and energy usage that are necessary to stabilise greenhouse gas concentrations at a safe level.<br /> *The UN Framework Convention on Climate Change (UNFCC) shows how much money is required by region and by technology to realise a scenario that achieves stabilisation, showing further that 86% of that investment has to come from the private sector. That equates to private sector investment through 2030 in excess of $600bn per year.<br /> <br /> The key findings of the 2007 report were:<br /> *Energy investment is going to become much, much riskier.<br /> *The key governmental focus should be on establishing cap-and-trade markets, then international carbon standards, then regulation; not taxation.<br /> *Forestry is a big unknown – governments should fund research into the real extent of abatement potential and the real costs of forestation.<br /> *Carbon capture and sequestration/storage (CCS) seems an unrealistic investment.<br /> <br /> Since 2007, the community has continued to share investment research, now amounting to over 300 [http://www.london-accord.co.uk/index.php?option=com_yuidt&amp;Itemid=108 reports].<br /> <br /> {{Special:Prefixindex/LondonAccord:}}</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=Long_Finance&diff=23 2023-07-20T07:42:03Z

<p>Ben Morris: </p> <hr /> <div>[[File:LF Logo red.jpeg|frame]]<br /> <br /> == Objective ==<br /> Established in 2007 by [[ZYen Wiki HOME|Z/Yen]] Group in conjunction with [[ZYen:Gresham College|Gresham College]], the Long Finance initiative began with a conundrum – “when would we know our financial system is working?” Long Finance aims to “improve society’s understanding and use of finance over the long-term”, in contrast to the short-termism that defines today’s financial industry. The immediate objective of the initiative is to establish a Foundation that can ignite global debate on long-term finance, by examining how commerce should enable and encourage environmental and social [[LondonAccord:Sustainability|Sustainability]].<br /> <br /> The Foundation would have four major outcomes:<br /> <br /> #Expand frontiers - developing methodologies to solve ‘wicked’ financial problems by, for example, developing workshop tools, case studies, software, and training;<br /> #Change systems – providing evidence-based examples through research of how financing methods work, and don’t work; ranging from financial risk and problem-analysis to structural governmental and investment implications;<br /> #Deliver services – conferences and training using collaborative tools and theory;<br /> #Build communities – forming new collaborative groups and spin-offs through meeting, networking, events, and the use of social networking tools; engaging with communities by posing questions of broad interest, e.g., “how might a 20-year-old responsibly enter into a financial structure for his or her retirement?” or “when could investors safely fund a 75 to 100 year forestry project?”<br /> <br /> == Activities ==<br /> The iconic project for Long Finance is the [[ZYen:Eternal Coin|Eternal Coin]], a global educational experience about the meaning of money as a medium of exchange and a resilient [[LongFinance:Store of Value|store of value]]. The fundamental project for Long Finance is to develop a [[ZYen:Meta-Commerce|meta-commerce]] guide, a road map of the key questions that need resolution over the next 100 years. While we will restructure research priorities as we progress, Long Finance intends to conduct detailed research in eight thematic areas - [[long-term vs. short-term]], [[fiscal vs. monetary]], [[free vs. regulated]], [[selfish vs. selfless]], [[mutual vs. public-sector versus private-sector]], [[rational vs. behavioural]], [[sustainability vs. robustness vs. resilience]], and [[theory vs. practice]]. Long Finance research projects range from [[monetary systems]] to a [[Standards Markets approach to regulation]].<br /> <br /> Another theme - short-term implications of long term issues - is being carried forward by the [[ZYen:Long Finance Forum of Futurists (L3F)|Long Finance Forum of Futurists (L3F)]], to which Dr Oliver Sparrow has contributed the paper [[ZYen:Long Range Finance|Long Range Finance]].<br /> <br /> So far we have given presentations around Europe and North America and published a book, [http://www.zyen.com/index.php?option=com_content&amp;view=article&amp;id=26&amp;Itemid=118 The Road To Long Finance]. We had a successful launch at Gresham College in July 2009 to get the debate going which was attended by 120 financial people. We’ve assembled a “kitchen cabinet” of leading bankers, investors, risk managers, journalists, sharia financiers, students, regulators and politicians. We boast an official historian and a writer-in-residence. We have begun planning and budgeting core activities, as well as starting to assemble over 70 proposed research papers within the eight themes. These proposed research projects range from studying institutions that have demonstrated great longevity, e.g. the Vatican, to what we can learn from economics in harsh climates, to the value of high frequency trading. We aim to target the problems of finance by combining the styles of [http://www.longnow.org/ Long Now], [http://www.santafe.edu/ Santa Fe Institute], and [[LondonAccord:London Accord|London Accord]].<br /> <br /> == Next Steps ==<br /> The near-term objective is to get pilot funding. The scale of funding could range from £/$/€9M to £/$/€15M over three years. Discussions have begun with financial firms, professional firms, information services firms, financial centres, foundations and governments, leading to some formal proposals now being considered. More discussions are welcome!<br /> <br /> == See also ==<br /> George Bull, &quot;[http://www.zyen.info/joomla/zyen/PDF/GB_SIR_Feature221209.pdf Breaking Up The Banks]&quot;, Securities &amp; Investment Review, Chartered Institute for Securities &amp; Investment, pages 12-14 (January 2010).<br /> <br /> Michael Mainelli, &quot;[http://www.zyen.com/index.php?option=com_content&amp;view=article&amp;id=611&amp;Itemid=32 The Eternal Coin – Made From Real Money: Risks In Fiat Currencies]&quot;, Journal of Risk Finance, Volume 11, Number 1, pages 111-116, Emerald Group Publishing (January 2010).<br /> <br /> Mick James, &quot;[http://www.consultant-news.com/Article_Display.aspx?p=adp&amp;ID=6361 Dealing With Short-Term Consequences Of Short-Term Thinking]&quot;, Consultant-News.com (25 November 2009).<br /> <br /> Insurance Institute of Ireland, Industry Leaders Summit - &quot;[http://www.zyen.com/PDF/Long%20Finance%20-%20Insurance%20Institute%20Of%20Ireland.pdf Long Finance: When Would We Know Our Financial System Is Working?]&quot; Dublin, Ireland (8 October 2009).<br /> <br /> Key recommendation - Michael Mainelli, &quot;[http://www.zyen.com/index.php/activities/long-finance/227.html Rewiring Business]&quot;, Financial World, page 38, IFS School of Finance (July/August 2009).<br /> <br /> Gresham College - &quot;[http://www.gresham.ac.uk/event.asp?PageId=45&amp;EventId=896 Metamorphoses The Terrible Beauty of Change]&quot; - London, England (22 June 2009).<br /> <br /> Michael Mainelli, &quot;[http://www.zyen.com/index.php?option=com_content&amp;view=article&amp;id=613&amp;Itemid=14 From The Religion Of Regulation To Long Finance]&quot;, Reforming The City: Responses To The Global Financial Crisis, Chapter 11, Sam Whimster (ed), pages 159-167, Forumpress (2009).<br /> <br /> Original article - Michael Mainelli, &quot;[http://www.zyen.com/index.php/activities/long-finance/232.html Long Finance]&quot;, Journal of Risk Finance, Volume 10, Number 2, pages 193-195, Emerald Group Publishing Limited (April 2009).<br /> <br /> Michael Mainelli, &quot;[http://www.zyen.com/index.php?option=com_content&amp;view=article&amp;id=235 The Wicked Problem Of Good Financial Markets]&quot;, Journal of Risk Finance, Volume 9, Number 502-508, Emerald Group Publishing Limited (December 2008).</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=Template:List_subpages&diff=22 2023-07-20T06:16:01Z

<p>Ben Morris: Created page with &quot;&lt;div style=&quot;border:1px solid #CCC;&quot;&gt; {{{caption |{{#ifeq:{{{2|{{NAMESPACE}}}}}:{{{1|{{PAGENAME}}}}}|{{FULLPAGENAME}} |In this {{lcfirst:{{NAMESPACE}}}}space |Pages with the prefix '{{{1|{{PAGENAME}}}}}' in the '{{if empty|{{{2|}}}|{{SUBJECTSPACE}}}}' and '{{#if:{{{2|}}}|{{{2}}} talk|{{TALKSPACE}}}}' namespaces }}: }}}&lt;!-- --&gt;{{#ifeq:{{YesNo-No|{{{no subject namespace|}}}}}|no|&lt;div style=&quot;margin-bottom:-1px; padding:0.1em; border-bottom:1px solid #CCC; font...&quot;</p> <hr /> <div>&lt;div style=&quot;border:1px solid #CCC;&quot;&gt;<br /> {{{caption<br /> |{{#ifeq:{{{2|{{NAMESPACE}}}}}:{{{1|{{PAGENAME}}}}}|{{FULLPAGENAME}}<br /> |In this {{lcfirst:{{NAMESPACE}}}}space<br /> |Pages with the prefix '{{{1|{{PAGENAME}}}}}' in the '{{if empty|{{{2|}}}|{{SUBJECTSPACE}}}}' and '{{#if:{{{2|}}}|{{{2}}} talk|{{TALKSPACE}}}}' namespaces<br /> }}:<br /> }}}&lt;!--<br /> --&gt;{{#ifeq:{{YesNo-No|{{{no subject namespace|}}}}}|no|&lt;div style=&quot;margin-bottom:-1px; padding:0.1em; border-bottom:1px solid #CCC; font-size:0.9em;&quot;&gt;<br /> {{{2|{{SUBJECTSPACE}}}}}:{{#ifexist:{{{2|{{SUBJECTSPACE}}}}}:{{{1|{{PAGENAME}}}}}<br /> |&lt;table&gt;&lt;tr&gt;&lt;td&gt;[[{{{2|{{SUBJECTSPACE}}}}}:{{{1|{{PAGENAME}}}}}|{{{1|{{PAGENAME}}}}}]]&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;<br /> }}{{Special:Prefixindex/{{{2|{{SUBJECTSPACE}}}}}:{{{1|{{PAGENAME}}}}}/}}<br /> &lt;/div&gt;|}}<br /> {{#ifeq:{{YesNo-No|{{{no talk namespace|}}}}}|no|&lt;div style=&quot;padding:2px; font-size:0.9em;&quot;&gt;{{#if:{{{2|}}}|{{{2}}} talk|{{TALKSPACE}}}}:{{#ifexist:{{#if:{{{2|}}}|{{{2}}} talk|{{TALKSPACE}}}}:{{{1|{{PAGENAME}}}}}<br /> |&lt;table&gt;&lt;tr&gt;&lt;td&gt;[[{{#if:{{{2|}}}|{{{2}}} talk|{{TALKSPACE}}}}:{{{1|{{PAGENAME}}}}}|{{{1|{{PAGENAME}}}}}]]&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;<br /> }}{{Special:Prefixindex/{{#if:{{{2|}}}|{{{2}}} talk|{{TALKSPACE}}}}:{{{1|{{PAGENAME}}}}}/}}<br /> &lt;/div&gt;|}}&lt;/div&gt;&lt;noinclude&gt;<br /> {{Documentation}}<br /> &lt;/noinclude&gt;</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=Long_Finance&diff=21 2023-07-20T06:15:06Z

<p>Ben Morris: </p> <hr /> <div>[[File:LF Logo red.jpeg|frame]]<br /> <br /> == Objective ==<br /> Established in 2007 by [[ZYen Wiki HOME|Z/Yen]] Group in conjunction with [[ZYen:Gresham College|Gresham College]], the Long Finance initiative began with a conundrum – “when would we know our financial system is working?” Long Finance aims to “improve society’s understanding and use of finance over the long-term”, in contrast to the short-termism that defines today’s financial industry. The immediate objective of the initiative is to establish a Foundation that can ignite global debate on long-term finance, by examining how commerce should enable and encourage environmental and social [[LondonAccord:Sustainability|Sustainability]].<br /> <br /> The Foundation would have four major outcomes:<br /> <br /> #Expand frontiers - developing methodologies to solve ‘wicked’ financial problems by, for example, developing workshop tools, case studies, software, and training;<br /> #Change systems – providing evidence-based examples through research of how financing methods work, and don’t work; ranging from financial risk and problem-analysis to structural governmental and investment implications;<br /> #Deliver services – conferences and training using collaborative tools and theory;<br /> #Build communities – forming new collaborative groups and spin-offs through meeting, networking, events, and the use of social networking tools; engaging with communities by posing questions of broad interest, e.g., “how might a 20-year-old responsibly enter into a financial structure for his or her retirement?” or “when could investors safely fund a 75 to 100 year forestry project?”<br /> <br /> == Activities ==<br /> The iconic project for Long Finance is the [[ZYen:Eternal Coin|Eternal Coin]], a global educational experience about the meaning of money as a medium of exchange and a resilient [[LongFinance:Store of Value|store of value]]. The fundamental project for Long Finance is to develop a [[ZYen:Meta-Commerce|meta-commerce]] guide, a road map of the key questions that need resolution over the next 100 years. While we will restructure research priorities as we progress, Long Finance intends to conduct detailed research in eight thematic areas - [[long-term vs. short-term]], [[fiscal vs. monetary]], [[free vs. regulated]], [[selfish vs. selfless]], [[mutual vs. public-sector versus private-sector]], [[rational vs. behavioural]], [[sustainability vs. robustness vs. resilience]], and [[theory vs. practice]]. Long Finance research projects range from [[monetary systems]] to a [[Standards Markets approach to regulation]].<br /> <br /> Another theme - short-term implications of long term issues - is being carried forward by the [[ZYen:Long Finance Forum of Futurists (L3F)|Long Finance Forum of Futurists (L3F)]], to which Dr Oliver Sparrow has contributed the paper [[ZYen:Long Range Finance|Long Range Finance]].<br /> <br /> So far we have given presentations around Europe and North America and published a book, [http://www.zyen.com/index.php?option=com_content&amp;view=article&amp;id=26&amp;Itemid=118 The Road To Long Finance]. We had a successful launch at Gresham College in July 2009 to get the debate going which was attended by 120 financial people. We’ve assembled a “kitchen cabinet” of leading bankers, investors, risk managers, journalists, sharia financiers, students, regulators and politicians. We boast an official historian and a writer-in-residence. We have begun planning and budgeting core activities, as well as starting to assemble over 70 proposed research papers within the eight themes. These proposed research projects range from studying institutions that have demonstrated great longevity, e.g. the Vatican, to what we can learn from economics in harsh climates, to the value of high frequency trading. We aim to target the problems of finance by combining the styles of [http://www.longnow.org/ Long Now], [http://www.santafe.edu/ Santa Fe Institute], and [[LondonAccord:London Accord|London Accord]].<br /> <br /> == Next Steps ==<br /> The near-term objective is to get pilot funding. The scale of funding could range from £/$/€9M to £/$/€15M over three years. Discussions have begun with financial firms, professional firms, information services firms, financial centres, foundations and governments, leading to some formal proposals now being considered. More discussions are welcome!<br /> <br /> == See also ==<br /> George Bull, &quot;[http://www.zyen.info/joomla/zyen/PDF/GB_SIR_Feature221209.pdf Breaking Up The Banks]&quot;, Securities &amp; Investment Review, Chartered Institute for Securities &amp; Investment, pages 12-14 (January 2010).<br /> <br /> Michael Mainelli, &quot;[http://www.zyen.com/index.php?option=com_content&amp;view=article&amp;id=611&amp;Itemid=32 The Eternal Coin – Made From Real Money: Risks In Fiat Currencies]&quot;, Journal of Risk Finance, Volume 11, Number 1, pages 111-116, Emerald Group Publishing (January 2010).<br /> <br /> Mick James, &quot;[http://www.consultant-news.com/Article_Display.aspx?p=adp&amp;ID=6361 Dealing With Short-Term Consequences Of Short-Term Thinking]&quot;, Consultant-News.com (25 November 2009).<br /> <br /> Insurance Institute of Ireland, Industry Leaders Summit - &quot;[http://www.zyen.com/PDF/Long%20Finance%20-%20Insurance%20Institute%20Of%20Ireland.pdf Long Finance: When Would We Know Our Financial System Is Working?]&quot; Dublin, Ireland (8 October 2009).<br /> <br /> Key recommendation - Michael Mainelli, &quot;[http://www.zyen.com/index.php/activities/long-finance/227.html Rewiring Business]&quot;, Financial World, page 38, IFS School of Finance (July/August 2009).<br /> <br /> Gresham College - &quot;[http://www.gresham.ac.uk/event.asp?PageId=45&amp;EventId=896 Metamorphoses The Terrible Beauty of Change]&quot; - London, England (22 June 2009).<br /> <br /> Michael Mainelli, &quot;[http://www.zyen.com/index.php?option=com_content&amp;view=article&amp;id=613&amp;Itemid=14 From The Religion Of Regulation To Long Finance]&quot;, Reforming The City: Responses To The Global Financial Crisis, Chapter 11, Sam Whimster (ed), pages 159-167, Forumpress (2009).<br /> <br /> Original article - Michael Mainelli, &quot;[http://www.zyen.com/index.php/activities/long-finance/232.html Long Finance]&quot;, Journal of Risk Finance, Volume 10, Number 2, pages 193-195, Emerald Group Publishing Limited (April 2009).<br /> <br /> Michael Mainelli, &quot;[http://www.zyen.com/index.php?option=com_content&amp;view=article&amp;id=235 The Wicked Problem Of Good Financial Markets]&quot;, Journal of Risk Finance, Volume 9, Number 502-508, Emerald Group Publishing Limited (December 2008).<br /> <br /> <br /> {{list subpages|London_Accord}}</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=MediaWiki:Sidebar&diff=20 2023-07-20T06:08:01Z

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Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=MediaWiki:Sidebar&diff=19 2023-07-20T06:07:06Z

<p>Ben Morris: </p> <hr /> <div><br /> * navigation<br /> ** mainpage|mainpage-description<br /> ** recentchanges-url|recentchanges<br /> ** randompage-url|randompage<br /> ** helppage|help-mediawiki<br /> ** /wiki/Special:AllPages?&amp;namespace=500|London Accord<br /> * SEARCH<br /> * TOOLBOX<br /> * LANGUAGES</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=MediaWiki:Sidebar&diff=18 2023-07-20T06:04:10Z

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Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=MediaWiki:Sidebar&diff=17 2023-07-20T06:03:53Z

<p>Ben Morris: Created page with &quot; * navigation ** mainpage|mainpage-description ** recentchanges-url|recentchanges ** randompage-url|randompage ** helppage|help-mediawiki ** Special:AllPages|London Accord * SEARCH * TOOLBOX * LANGUAGES&quot;</p> <hr /> <div><br /> * navigation<br /> ** mainpage|mainpage-description<br /> ** recentchanges-url|recentchanges<br /> ** randompage-url|randompage<br /> ** helppage|help-mediawiki<br /> ** Special:AllPages|London Accord<br /> * SEARCH<br /> * TOOLBOX<br /> * LANGUAGES</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=File:LF_Logo_red.jpeg&diff=16 2023-07-19T15:15:49Z

<p>Ben Morris: </p> <hr /> <div></div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=Long_Finance&diff=15 2023-07-19T15:12:32Z

<p>Ben Morris: Created page with &quot;frame == Objective == Established in 2007 by Z/Yen Group in conjunction with Gresham College, the Long Finance initiative began with a conundrum – “when would we know our financial system is working?” Long Finance aims to “improve society’s understanding and use of finance over the long-term”, in contrast to the short-termism that defines today’s financial industry. The immediate objecti...&quot;</p> <hr /> <div>[[File:LF Logo red.jpeg|frame]]<br /> <br /> == Objective ==<br /> Established in 2007 by [[ZYen Wiki HOME|Z/Yen]] Group in conjunction with [[ZYen:Gresham College|Gresham College]], the Long Finance initiative began with a conundrum – “when would we know our financial system is working?” Long Finance aims to “improve society’s understanding and use of finance over the long-term”, in contrast to the short-termism that defines today’s financial industry. The immediate objective of the initiative is to establish a Foundation that can ignite global debate on long-term finance, by examining how commerce should enable and encourage environmental and social [[LondonAccord:Sustainability|Sustainability]].<br /> <br /> The Foundation would have four major outcomes:<br /> <br /> #Expand frontiers - developing methodologies to solve ‘wicked’ financial problems by, for example, developing workshop tools, case studies, software, and training;<br /> #Change systems – providing evidence-based examples through research of how financing methods work, and don’t work; ranging from financial risk and problem-analysis to structural governmental and investment implications;<br /> #Deliver services – conferences and training using collaborative tools and theory;<br /> #Build communities – forming new collaborative groups and spin-offs through meeting, networking, events, and the use of social networking tools; engaging with communities by posing questions of broad interest, e.g., “how might a 20-year-old responsibly enter into a financial structure for his or her retirement?” or “when could investors safely fund a 75 to 100 year forestry project?”<br /> <br /> == Activities ==<br /> The iconic project for Long Finance is the [[ZYen:Eternal Coin|Eternal Coin]], a global educational experience about the meaning of money as a medium of exchange and a resilient [[LongFinance:Store of Value|store of value]]. The fundamental project for Long Finance is to develop a [[ZYen:Meta-Commerce|meta-commerce]] guide, a road map of the key questions that need resolution over the next 100 years. While we will restructure research priorities as we progress, Long Finance intends to conduct detailed research in eight thematic areas - [[long-term vs. short-term]], [[fiscal vs. monetary]], [[free vs. regulated]], [[selfish vs. selfless]], [[mutual vs. public-sector versus private-sector]], [[rational vs. behavioural]], [[sustainability vs. robustness vs. resilience]], and [[theory vs. practice]]. Long Finance research projects range from [[monetary systems]] to a [[Standards Markets approach to regulation]].<br /> <br /> Another theme - short-term implications of long term issues - is being carried forward by the [[ZYen:Long Finance Forum of Futurists (L3F)|Long Finance Forum of Futurists (L3F)]], to which Dr Oliver Sparrow has contributed the paper [[ZYen:Long Range Finance|Long Range Finance]].<br /> <br /> So far we have given presentations around Europe and North America and published a book, [http://www.zyen.com/index.php?option=com_content&amp;view=article&amp;id=26&amp;Itemid=118 The Road To Long Finance]. We had a successful launch at Gresham College in July 2009 to get the debate going which was attended by 120 financial people. We’ve assembled a “kitchen cabinet” of leading bankers, investors, risk managers, journalists, sharia financiers, students, regulators and politicians. We boast an official historian and a writer-in-residence. We have begun planning and budgeting core activities, as well as starting to assemble over 70 proposed research papers within the eight themes. These proposed research projects range from studying institutions that have demonstrated great longevity, e.g. the Vatican, to what we can learn from economics in harsh climates, to the value of high frequency trading. We aim to target the problems of finance by combining the styles of [http://www.longnow.org/ Long Now], [http://www.santafe.edu/ Santa Fe Institute], and [[LondonAccord:London Accord|London Accord]].<br /> <br /> == Next Steps ==<br /> The near-term objective is to get pilot funding. The scale of funding could range from £/$/€9M to £/$/€15M over three years. Discussions have begun with financial firms, professional firms, information services firms, financial centres, foundations and governments, leading to some formal proposals now being considered. More discussions are welcome!<br /> <br /> == See also ==<br /> George Bull, &quot;[http://www.zyen.info/joomla/zyen/PDF/GB_SIR_Feature221209.pdf Breaking Up The Banks]&quot;, Securities &amp; Investment Review, Chartered Institute for Securities &amp; Investment, pages 12-14 (January 2010).<br /> <br /> Michael Mainelli, &quot;[http://www.zyen.com/index.php?option=com_content&amp;view=article&amp;id=611&amp;Itemid=32 The Eternal Coin – Made From Real Money: Risks In Fiat Currencies]&quot;, Journal of Risk Finance, Volume 11, Number 1, pages 111-116, Emerald Group Publishing (January 2010).<br /> <br /> Mick James, &quot;[http://www.consultant-news.com/Article_Display.aspx?p=adp&amp;ID=6361 Dealing With Short-Term Consequences Of Short-Term Thinking]&quot;, Consultant-News.com (25 November 2009).<br /> <br /> Insurance Institute of Ireland, Industry Leaders Summit - &quot;[http://www.zyen.com/PDF/Long%20Finance%20-%20Insurance%20Institute%20Of%20Ireland.pdf Long Finance: When Would We Know Our Financial System Is Working?]&quot; Dublin, Ireland (8 October 2009).<br /> <br /> Key recommendation - Michael Mainelli, &quot;[http://www.zyen.com/index.php/activities/long-finance/227.html Rewiring Business]&quot;, Financial World, page 38, IFS School of Finance (July/August 2009).<br /> <br /> Gresham College - &quot;[http://www.gresham.ac.uk/event.asp?PageId=45&amp;EventId=896 Metamorphoses The Terrible Beauty of Change]&quot; - London, England (22 June 2009).<br /> <br /> Michael Mainelli, &quot;[http://www.zyen.com/index.php?option=com_content&amp;view=article&amp;id=613&amp;Itemid=14 From The Religion Of Regulation To Long Finance]&quot;, Reforming The City: Responses To The Global Financial Crisis, Chapter 11, Sam Whimster (ed), pages 159-167, Forumpress (2009).<br /> <br /> Original article - Michael Mainelli, &quot;[http://www.zyen.com/index.php/activities/long-finance/232.html Long Finance]&quot;, Journal of Risk Finance, Volume 10, Number 2, pages 193-195, Emerald Group Publishing Limited (April 2009).<br /> <br /> Michael Mainelli, &quot;[http://www.zyen.com/index.php?option=com_content&amp;view=article&amp;id=235 The Wicked Problem Of Good Financial Markets]&quot;, Journal of Risk Finance, Volume 9, Number 502-508, Emerald Group Publishing Limited (December 2008).</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=INDEX:Financial_Services_Group_of_Livery_Companies&diff=14 2023-07-19T15:11:04Z

<p>Ben Morris: Created page with &quot;THE FINANCIAL SERVICES GROUP OF LIVERY COMPANIES ISSUES FOR CONSIDERATION BY THE LORD MAYOR Financial Services is more than Banking It is also:  Insurance  Shipping  Professional Services  Arbitration  IT  Information Services  Trade Facilitation  Inspection Insurance is different from Banking To simplify:  Insurance is long-term. Banking is short-term.  Insurance matches assets and liabilities by term. (Retail) banks borrow short and l...&quot;</p> <hr /> <div>THE FINANCIAL SERVICES GROUP OF LIVERY COMPANIES<br /> <br /> <br /> ISSUES FOR CONSIDERATION BY THE LORD MAYOR <br /> <br /> Financial Services is more than Banking<br /> It is also:<br />  Insurance<br />  Shipping<br />  Professional Services<br />  Arbitration<br />  IT<br />  Information Services<br />  Trade Facilitation<br />  Inspection<br /> Insurance is different from Banking<br /> To simplify:<br />  Insurance is long-term. Banking is short-term.<br />  Insurance matches assets and liabilities by term. (Retail) banks borrow short and lend long.<br />  Insurers pool risks. Banks price risks.<br />  Insurers ring-fence assets supporting their liabilities to their retail customers’. Banks don’t – yet.<br />  Insurers balance their books maybe monthly or yearly. Banks do it daily.<br />  Insurers and banks provide guaranteed benefits and benefits that can be matched. Insurers may also use discretion in contract benefits to smooth risks or to provide cover that could not be provided on a guaranteed basis.<br />  Insurers measure profit as value-added. Banks measure margins.<br />  Insurers allow for behavioural risks in pricing and provisions. Banks take them as they come.<br />  Insurers’ liabilities are relatively complex, their assets relatively straightforward. Banks’ liabilities are relatively simple, their assets relatively complex.<br /> Insurance should be regulated differently from Banking<br /> Regulation is dominated by bankers and banking thinking. Regulators seek to unite the two industries for simplicity. An example of a consequence is that solvency, for insurers and bankers, looks at a risk of ruin over only one year. It is important, particularly for regulatory discussions, to distinguish between the two sectors.<br /> <br /> Basel III applied to insurance is, basically, Solvency II. Solvency II works well for life assurance, but not at all for general risks (commercial and personal insurance lines). If Solvency II is enacted for life, it can work with relatively few problems, although at great administrative cost. If Solvency II is enacted for general risks, costs for approximately 85% of consumers will rise noticeably.<br /> <br /> Insurance is a significant contributor to UK’s economy and the balance of payments. It is the DNA of capitalism but it can be adversely affected if the BoE/PRA structure is too focused on treating everyone in a similar view to that set down for banks. There is a real need for the BoE/PRA to be balanced so that the business sectors other than banks are truly recognised and treated in accordance with their risks and not those modelled on the banking sector.<br /> <br /> The Best Interest of the City and Firms in the City is to fully meet Client Expectations and Shareholder Interests<br />  City provides world class standards in business services.<br />  Important to ensure it continues to do so.<br />  Excellent quality of managers and staff.<br />  Essential that all managers and staff recognise the importance of meeting client expectations and shareholder interests.<br />  Implications are not just about governance and regulation, but also the culture within firms.<br /> <br /> Marketing puts Customers’ Needs first – Good Product Design follows<br />  Good marketing is the major force to replace product-push with customer-pull.<br />  Marketing is the discipline that brings the voice of the customer to the Board and to decisions on business strategy.<br />  Good marketing compels firms to justify their existence by demonstrably satisfying identified customers’ needs – with excellent product benefits, advice and delivery.<br />  Marketing enables quantum increases in profitable “top-line” volume, so kicking off the process of value-creation in the firm. It is then for internal disciplines to turn that advantage into “bottom-line” profits.<br />  Promoting products and services that don’t meet customers’ needs is a short route to destroying shareholder value. <br />  Marketing is more than PR. Marketing includes communications alongside customer research, product development, packaging, pricing, distribution, brand and reputation management, customer relationship management et al. In turn, communications includes public relations alongside advertising, direct marketing, sponsorship etc. <br /> Hearts and Minds: Win one with Empathy; the other with Data; don’t confuse the two<br />  You will not overcome an emotional argument by using rational data.<br />  Perceptions are facts in the minds of the perceivers (beauty is in the eye of the beholder) – don’t underestimate the power of perception.<br /> Innovation and ‘Innovation’<br />  In wholesale markets and those with informed and sophisticated buyers, regulation should not be so prescriptive as to stifle innovation, which will forestall meeting client requirements, and prevent competitive success, especially in international markets.<br />  In some retail markets where the balance of information is heavily in favour of the product provider, ‘innovation’ can be an excuse to provide additional margins for the provider and the distributor at the expense of the customer.<br />  Where needs are simple, product benefits can be simple and understandable. Here, innovation in presentation, service quality and delivery is valid.<br /> The Professions Provide an Example to the City<br />  Many of the professions provide assurance of the expertise of individuals.<br />  They provide a set of expectations, even duties, on qualified people to maintain their professional development.<br />  Members are required not to bring the profession into disrepute. <br />  As a result, members of the professions in the UK are regarded as first rate internationally.<br />  Firms should consider independent accreditation as a prerequisite for prospective employees in many more areas of expertise.<br />  The very active jobs market in the City is a source of strength to the City. However firms should not rely on previous employment and interviews as an assurance of the detailed technical ability and reliability of recruited staff. <br />  Newer professional bodies should ensure they can provide high standards of ability and assessment, and provide codes of practice and have the means to deal with complaints about individuals.<br /> The City should look after the Society it depends upon.<br />  Firms in the City depend on the contribution of unskilled, skilled workers and tradesmen as well as staff with qualifications and experience in business matters <br />  Healthy public communities in Greater London providing such services are a long term strength of the City<br />  Many firms already have a fine record of assisting public communities and disadvantaged members of them<br />  The City through its Livery Companies likewise has a long tradition of supporting good causes.<br />  The City is made up of three interconnected but different communities: Professions, Livery and firms. <br />  Want to see all three providing support to public communities to a greater degree. More can and should be done.<br />  Adds to the strength and confidence of the City<br /> Board Accountability through an Independent Performance Review<br />  Reporting requirements for many public companies tend to be grounds for an annual tick box activity whereby their responses tend to address the form rather than substance. This approach conceals the Board’s real ethos in the myriad statements and disclosures made to shareholders and the public.<br />  Dominant directors, be they MD, FD or a non-Exec Chairman can be extremely dangerous to an organisation.<br />  If there had been substance in addressing the “real” spirit of the requirements perhaps the financial crisis may have been identified earlier.<br />  Board transparency and accountability can only come from a real and independent assessment of Board performance which can be tackled i) by an external performance evaluation or ii) by requiring a majority of all boards to be independent non-executives or iii) investors, particularly the institutions who represent the public (pension and insurance funds), taking a more proactive role in the sustainability of the DNA of a public company beyond the pure return motive.<br />  Points ii) and iii) are unlikely to find favour but the introduction into the City Code of a triennial mandatory external Board performance review by disinterested parties may be the answer.<br />  The Institute of Chartered Secretaries and Administrators Board Performance Unit is a disinterested body which can perform such a task. Those companies that have undertaken full external evaluations with the ICSA unit are generally the more successful and openly managed companies that seem to understand that the company belongs to its shareholders and is not the play thing of management.<br /> <br /> Banking, Financial Regulation and Competition<br />  The Independent Commission on Banking is drawing up plans to reform the banking sector, with the intention of increasing financial stability and promoting competition in the industry. At the same time, reforms will see the Financial Services Authority abolished with its macro prudential regulatory responsibilities transferred to the Bank of England.<br />  ICAEW welcomes the ICB’s preliminary conclusions as a valuable contribution to the debate, but warns that reforms to the banking sector or its regulators must balance the security of the banking system with the need to deliver finance for economic activity and recovery.<br />  Both the European Commission and the UK’s OFT are considering the competitiveness and regulation of the audit sector. Audit must serve investors, business and society better in the wake of the financial crisis. Competition in the sector is crucial but the dominance of some firms is a result of business preferences and market evolution. <br /> Concentration of audit provision is a regulatory failure<br />  Choice was restricted even before the implosion of Andersen. The regulators did not act to reverse the restriction.<br />  The banks’ insistence on using the Big 4 is a restraint of trade.<br />  The fact that most of the Big 4 are composed of separate legal entities makes demerger easier.<br /> Tax Simplification and Competitiveness<br />  The UK needs to develop a much more straightforward and stable tax system. It is increasingly and overly complex, often difficult to comply with and expensive to administer. It fails to offer businesses and taxpayers the certainty and stability they need, and risks undermining confidence in the UK as an investment destination. ICAEW’s economic research shows that UK enterprises see the tax and regulatory environment as their major concern.<br />  We should continue to reform the way tax law is formulated in order to encourage clarity, fairness, effectiveness and certainty. The Finance Bill process must allow meaningful consultation and scrutiny to take place, and the government’s plans for tax simplification require renewed commitment and enthusiasm. <br /> Tax Issues<br />  The competitiveness of the UK tax system is important. There are already welcome reductions in the corporate tax rate, and an indication of the intention to reduce personal tax rates (including the 50% rate) before the next election. The Government’s new approach to tax policy, making for a more stable and rational system, is also proving effective.<br />  There are many attractive features of the UK corporate tax system; the substantial shareholding exemption for capital gains, the exemption of overseas dividends and full interest relief (albeit tempered by complex anti avoidance provisions).<br />  However HM Revenue &amp; Customs’ (HMRC) approach to their perception of avoidance can be heavy handed. It remains to be seen whether the current review of a possible General Anti Avoidance Rule (GAAR) will lead to positive outcomes. <br />  Disguised remuneration: HM Revenue &amp; Customs have announced how they will settle existing cases where there is a link to employment with Employee Benefit Trusts. New legislation will tax such arrangements from 6 April 2011<br />  The tax rules for residence and domicile continue to be reviewed. A mooted statutory tax residence rule should provide more certainty in an oft disputed area. <br />  The long awaited new rules for Controlled Foreign Companies, particularly for finance companies, have been delayed again; now expected in June 2011 <br />  A consultation on the taxation of Life Insurance Companies to take effect from 1 January 2013 is underway<br /> Migration<br />  The UK government plans to cap non-EU immigration, as part of a broader policy intended to cut inward migration. ICAEW is concerned that an unintended consequence may be to diminish UK competitiveness by limiting the scope of UK-based businesses to hire the best talent. <br />  Accountancy is one of the many globally mobile financial and business professions which give the City of London a major competitive advantage.<br /> Skills<br />  The UK requires a strong skills base if it is to compete globally, particularly with emerging economies which place such emphasis on educating and training their workforces. More specifically, skills policy must facilitate the opportunities for innovators and entrepreneurs to turn their ideas into commercial success. Financial skills are crucial here.<br />  Addressing low levels of financial expertise and commercial awareness in the wider economy, particularly for young people who have been hit hard by the downturn, is another essential way of strengthening enterprise in the economy. <br /> European Regulation<br />  A significant proportion of regulation affecting the City originates at EU level. Government and business must present a united voice for the City of London in Europe and work to minimise the UK’s ‘gold plating’ of EU legislation and regulations.<br /> Legal Services are vital to the UK Economy and respected Abroad<br />  Profits of the largest 100 law firms in the UK – mostly in the City – increased by 1% in 2009/10 to £4.07bn.<br />  Legal services generated £23.1bn or 1.8% of the UKs GDP in 2009.<br />  The UK is one of the 2 leading centres for international legal services and the UK is the leading centre for international dispute resolution. <br />  Nearly 320,000 people were employed in legal services in the UK in 2009.<br />  Exports of legal services were estimated at £2.8bn in 2009 (down 14% on the previous year).<br />  15% of English &amp; Welsh solicitors work in the City.<br />  City firms have International Practice Rights<br />  Particularly relevant in China, India, Japan, South Korea and South Africa.<br />  Through the International Division of the Law Society and the City of London Solicitors’ Company.<br />  Important early input adds value to new legislation.<br />  European Commissions’ proposals on European Contract Law.<br />  Bribery Act 2010.<br />  UK Competition Reforms<br />  UK Insolvency Rules<br /> London is the place for Dispute Resolution<br />  Use of English Law<br />  New Commercial Court<br />  [More from the Arbitrators]<br /> The Love of Commission is the root of some Mis-selling<br /> Examples:<br />  PPI commission can be over 50% of the premium and paid to the loan provider. Many customers didn’t realise they were paying for it; many were paying for inappropriate cover eg redundancy cover doesn’t apply to the self-employed. PPI was bundled into the provision of the loan and sometimes implied as a condition of taking the loan. This practice may continue even when commission is reduced under the Retail Distribution Review.<br />  US sub-prime debt was imported to the UK on the back of brokers’ commission paid by underwriters who did not look at the underlying risks.<br />  Pensions mis-selling.<br />  Endowment mis-selling.<br />  Precipice bonds.<br /> Commission is different from bonus. Commission is paid before determining gross profits. Bonus is paid out of gross profits - if a ‘bonus’ is a cost in determining profits, it’s really commission.<br /> Sales targets can be as damaging as commission.<br /> <br /> Dominance Risk (by bad dominants) is a Killer and not provided for<br /> Examples:<br />  Robert Maxwell – Mirror Group<br />  Roy Ransom – Equitable Life<br />  Michael Bright – Independent<br />  Sir Fred Goodwin – Royal Bank of Scotland<br />  Long-Term Capital Management (a dominant culture)<br />  Enron, WorldCom<br /> Antidotes are rigid insistence on openness, transparency and accountability and honest attention to the findings of risk management and control systems.<br /> <br /> Commodities Markets drive up food prices<br />  Some evidence that food will become the &quot;new climate change&quot; as a big ticket issue.<br />  A series of bad harvests, including the disastrous fires in Russia last year, combined with high oil prices have pushed food prices to an all-time high.<br />  There is speculation that the recent wave of revolutions in the Middle East are in part due to food price hikes.<br />  The City is a centre for commodity trading. One of the commodities that is traded is food. There are accusations that certain institutions are speculating in food futures and driving costs higher.<br />  Some academic evidence that food prices overshoot due to trading; some academic evidence that speculators help prices find the right level.<br />  Could require anyone trading to be able to “take delivery” (however that might work).<br />  Greater market liquidity and financial risk structures help the entire food supply chain better manage risk.<br /> <br /> The following await supporting points<br /> <br /> Audit is too concentrated (more)<br /> <br /> Rating agencies are incompetent<br /> <br /> UK retail banks should be broken up<br /> <br /> Global investment banks should be broken up<br /> <br /> AML procedures are too onerous and catch nobody</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=London_Accord:_Green_Finance&diff=13 2023-07-19T15:10:07Z

<p>Ben Morris: Created page with &quot;==Green Financial Services Industry== If financial services accounts for around 8 percent of global GDP, and Information and Communication Technologies (ICT) account for about 4 percent of total energy consumption, then the financial services industry is responsible for at least 0.32 percent of global carbon emissions. Call it 0.5 percent, given the industry’s fascination with and intense use of ICT. A reasonable target is to reduce electricity consumption a bit, bu...&quot;</p> <hr /> <div>==Green Financial Services Industry==<br /> <br /> If financial services accounts for around 8 percent of global GDP, and Information and Communication Technologies (ICT) account for about 4 percent of total energy consumption, then the financial services industry is responsible for at least 0.32 percent of global carbon emissions. Call it 0.5 percent, given the industry’s fascination with and intense use of ICT. A reasonable target is to reduce electricity consumption a bit, but many climate change analyses talk of impact reductions in the order of 80%, i.e. reduce consumption by four-fifths. A 2009 report by SAMI Consulting for the City of London pointed out that finance's growing ICT intensity made future power supplies the City's major infrastructure problem[http://www.cityoflondon.gov.uk/NR/rdonlyres/BD28AC92-B6DE-45AF-8690-9ACE76E09D2B/0/RS_BC_assessingICT.pdf].<br /> <br /> One change underway is roving grid computing for heavy MIP (million instructions per second) applications. Value-at-risk (VAR) or portfolio optimization applications could be dynamically scheduled to run where carbon emissions are lowest. Smart grids and energy sourcing strategies mix. A New York bank could take advantage, for example, of cheap French overnight nuclear (low carbon) power or Danish wind energy. As carbon and power markets converge, roving processing correlates with low power prices.<br /> <br /> A second change is to optimise the efficiency of applications and operating systems. Reduce MIPs. Today’s ICT departments can easily and materially reduce usage through simple expedients such as software that shuts down unused machines. However, years of organic growth have resulted in grossly inefficient ICT infrastructure that requires replacement. ICT departments have been profligate with scores of unused features now lurking on desktops, gobbling processor time and energy, waiting aimlessly to be called into action. Computational efficiency used to be a badge of pride among assembler programmers. Project managers, systems analysts and programmers can radically reduce MIP usage through redesign at all levels - applications, middleware, operating systems, hardware and grid. <br /> <br /> Of course, reducing MIPs also reduces latency, so a third, more radical change would be to challenge the excessive importance of latency itself. Low latency, with its knock-on implications for market data rates and gross power, has been on the agenda of buy and sell side firms for a few years. Today multi-lateral trading facilities (MTFs) and suppliers talk about &quot;ultra low&quot; latency. By co-locating servers close to exchanges, banks, investment managers and traders subject themselves to local power sources. Financial services firms need to rethink markets. Can we redesign markets so that traders using an Icelandic geothermally-powered, low-carbon emission server farm trade on equal terms with a London-based server farm near the London Stock Exchange’s server farm running on electricity produced by a coal-fired power station? Should the London Stock Exchange server farm be based near New Zealand geothermal energy?<br /> <br /> Financial services could break loose of latency binds if firms convinced exchanges to use periodic auctions every few seconds, easing today’s latency pressures by several orders of magnitude. Most algorithmic and time-sensitive trading occurs in a limited number of typically highly liquid instruments. On the London Stock Exchange, it’s a score of stocks led by Vodafone. Periodic block auctions have attracted academic interest as exhibiting potentially more efficient allocation, pricing and efficiency across the market, as opposed to existing simplistic &quot;first-in, first-out&quot; models. There are numerous variations on periodic auctions that deserve examination. As buy-side firms, sell-side brokerages and exchanges trumpet their environmental credentials, it seems hypocritical to structure markets in environmentally damaging ways when there might be more environmentally benign structures that also equate with more efficient markets.<br /> <br /> Roving processing and energy sources, slashing MIP requirements, and redesigning exchange architectures will all matter when seeking an 80 percent reduction in environmental impact. <br /> <br /> ===Publications===<br /> Michael Mainelli, [http://www.zyen.com/index.php/knowledge/index.php?option=com_content&amp;view=article&amp;id=229 &quot;Green Data: Impact Versus Low Latency?&quot;], Inside Market Data, Volume 24, Number 32, page 9, Incisive Media Limited (11 May 2009).<br /> <br /> Interesting article about a Verdantix report praising cloud computing as cutting emissions - http://www.climateactionprogramme.org/news/cloud_computing_a_silver_lining_for_climate_change/ - and the report itself - https://www.cdproject.net/Documents/Cloud-Computing-The-IT-Solution-for-the-21st-Century.pdf<br /> <br /> &quot;Koomey's Law&quot; related to Moore's Law, that we can expect comparable improvements in IT energy efficiency - http://www.economist.com/node/21531350<br /> <br /> Long Finance Discussion - http://www.longfinance.net/groups7/viewdiscussion/30-fast-and-furious-or-fair-not-fast.html?groupid=4</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=LongFinance:Confidence_Accounting&diff=12 2023-07-19T15:09:25Z

<p>Ben Morris: Created page with &quot;Confidence Accounting is a proposal to consider using distributions, rather than discrete values, where appropriate in auditing and accounting. In a world of Confidence Accounting, the end results of audits would be presentations of distributions for major entries in the profit &amp; loss, balance sheet and cashflow statements. The proposed benefits of Confidence Accounting include a fairer representation of financial results, reduced footnotes, more measurable audit quality...&quot;</p> <hr /> <div>Confidence Accounting is a proposal to consider using distributions, rather than discrete values, where appropriate in auditing and accounting. In a world of Confidence Accounting, the end results of audits would be presentations of distributions for major entries in the profit &amp; loss, balance sheet and cashflow statements. The proposed benefits of Confidence Accounting include a fairer representation of financial results, reduced footnotes, more measurable audit quality and a mitigation of mark-to-market perturbations.<br /> <br /> It is important to note that confidence accounting, and the estimation of measurement error in general, deals with known unknowns: the impact of known sources of uncertainty (such as the range of discount rates used for valuing infrastructure projects) on the values of asset, liabilities, income and expense. Company disclosures can and should also deal with an assessment of the unknown (such as stress scenarios like war or natural disasters), in discussions about future plans, events, the economic environment, risk levels etc., but confidence accounting does not address those aspects of disclosure. The relationship between confidence accounting based financial statements and disclosures about risk is an area which will need further development.<br /> <br /> ‍Short Background<br /> <br /> Two ACCA published explanations: <br /> <br /> Audit With Confidence: Putting Scientific Measurement Into Audit<br /> Michael Mainelli<br /> 2011<br /> Accounting for Confidence, Accountancy Futures, Edition 3, ACCA (March 2011), pages 56-57<br /> <br /> ACCA Accounting and Business - Confidence Accounting<br /> Michael Mainelli<br /> 2011<br /> Accounting for Confidence, Accounting &amp; Business, ACCA (February 2011), page 35<br /> <br /> <br /> as well as a short Chartered Institute for Securities &amp; Investment publication:<br /> <br /> Banking on Confidence: Rethinking Audits of Financial Institutions<br /> Professor Michael Mainelli<br /> 2011<br /> Securities &amp; Investment Review, Securities &amp; Investment Institute (September 2011), pages 22-23.<br /> <br /> <br /> Z/Yen, the City of London think-tank that initiated Confidence Accounting, has followed three themes on financial service reforms:<br /> <br /> •confidence accounting – looking at the fundamentals of audit and accounting;<br /> •financial statements insurance – providing indemnity for audits;<br /> •being more aggressive about standards market principles as a third way between regulation and overly free markets.<br /> ‍Additional Background - Confidence Accounting<br /> <br /> Confidence Accounting evolved from an earlier term, &quot;Stochastic Accounting&quot;. It gained significant attention in discussions around the 2009 publication The Road To Long Finance and the Long Finance movement. It is also introduced to the wider public and students in Michael Mainelli and Ian Harris's book, &quot;The Price of Fish: A New Approach to Wicked Economics and Better Decisions&quot;, which won the Gold Medal in the Finance, Investment and Economics category of the 2012 Independent Publisher Book Awards.<br /> <br /> Other related publications include:<br /> <br /> <br /> •Michael Mainelli, &quot;Confidence Accounting: Putting Essential Uncertainty Back Into Auditing And Accounting&quot;, Journal of Risk Finance, Volume 10, Number 3, Emerald Group Publishing Limited (June 2009); and event on same - [[ZYen:Gresham College|Gresham College]] – &quot;Reforming Auditing - Incremental Change or Radical Action?&quot; – London, England (6 February 2006).<br /> <br /> <br /> •original formal attempt to start debate - Michael Mainelli and Ian Harris, &quot;Balancing the Odds: Stochastic Accounting&quot;, Balance Sheet, Volume 10, Number 2, pages 22-27, MCB University Press (2002).<br /> <br /> ‍Additional Background - Financial Statements Insurance<br /> <br /> <br /> •Michael Mainelli and Joshua Ronen, “Put Your Money Where Your Audit Is: Financial Statement Insurance In The UK?&quot;, Journal of Risk Finance, The Michael Mainelli Column, Volume 7, Number 4, pages 446-450, Emerald Group Publishing Limited (August 2006).<br /> <br /> <br /> •Michael Mainelli and Joshua Ronen, &quot;Accounting: Progress May Lie In Insurance&quot;, Financial World, pages 38-39, Institute of Financial Services and Centre for the Study of Financial Innovation (May 2006).<br /> <br /> ‍Additional Background - Standards Markets<br /> <br /> On the role of standards markets, e.g. what’s ISO got to teach finance: <br /> <br /> &quot;Standards Markets: The Free Market Response to Regulation?&quot;, Monday 16 October 2006 at 18:00, Barnard's Inn Hall, Holborn, London EC1 - &quot;Many societal goals for markets can be achieved with more innovative regulation using standards markets that seem to bridge the market-government divide. Standards markets, such as those based on the International Standards Organisation or the International Social and Environmental Accreditation and Labelling (ISEAL) Alliance, counter Screaming Lord Sutch's sublime question. &quot;Why is there only one Monopolies Commission?&quot; - transcript - picked up by Peter Day at the BBC for Radio 4 - http://www.bbc.co.uk/radio4/features/in-business/peter-days-comment/20100401/ <br /> <br /> The key principles applying to standards markets:<br /> <br /> •there is an open standard available to all - many standards do not wholly fulfil this as they frequently charge significant fees for a copy of the standard, e.g. ISO affiliates such as the BSI typically charge three figures for short documents; <br /> •certification agencies compete for audit business – thus encouraging rational interpretation(s) of the standard and controlling cost and quality via reputational risk and competition, and the system can prove exclusion, e.g. certifiers actually mark down organisations that fail to meet the standard; <br /> •outputs such as certifications and grades awarded are published; ideally some benchmarking on the degree of pass or fail is given to participants; <br /> •ideally the certifier bears some indemnity and that indemnity can, with the price paid by the buyer, be made publicly available; <br /> •development of the standard is an open, structured, inclusive process involving interested stakeholders, conflicts of interest are eliminated and comparators available; <br /> •there is an authorised, responsible accrediting body for certification agencies, e.g. the United Kingdom Accreditation Service (UKAS) or the Marine Stewardship Council in the case of sustainable fish, that helps to ensure proportionality and consistency; accreditors ensure the separation of standards development from the commercial elements of implementation and review; accreditors regulate the market; <br /> •accreditors can sanction certifiers, for instance ensuring that certification is separate from improvement, e.g. there are no conflicts of interest where firms sell consultancy services to attain a standard alongside certification services; <br /> •accreditation bodies are independent from commercial conformity assessment activities and, unless the system is seriously flawed, accreditation is probably best left to a sole entity, i.e. non-competitive. <br /> <br /> Looking a bit wider and applying standards markets to financial services regulation:<br /> <br /> <br /> •Michael Mainelli, &quot;The Rules Of Practical Principles&quot;, Journal of Risk Finance, The Michael Mainelli Column, Volume 8, Number 5, pages 508-510, Emerald Group Publishing Limited (October 2007). <br /> <br /> <br /> •Michael Mainelli, “Standard Differences: Differentiation Through Standardisation&quot; ISO9001, SAS70 and management systems), Journal of Risk Finance, The Michael Mainelli Column, Volume 6, Number 1, pages 71-78, Emerald Group Publishing Limited (January 2005).</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=File:Extzy_graph.jpg&diff=11 2023-07-19T15:07:50Z

<p>Ben Morris: </p> <hr /> <div></div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=Ye_Olde_Watling&diff=10 2023-07-19T14:45:39Z

<p>Ben Morris: </p> <hr /> <div>[[File:Ye-old-watling.jpg]]<br /> <br /> Taking pride of place on Watling Street, London, Ye Olde Watling is just a short two-minute walk from Cheapside, Mansion House Underground Station, and Cannon Street. Bank Underground Station is just a five-minute walk away.<br /> <br /> Many of London’s most iconic attractions are also on our doorstep, including the Millennium Bridge, the Royal Exchange, the City of London, and, of course, St Paul’s Cathedral.<br /> <br /> Ye Olde Watling is a great spot to catch up with friends, relax with family, chat with colleagues, and generally enjoy the finer things in life in unique surroundings near you.<br /> <br /> == Find Us ==<br /> <br /> Ye Olde Watling&lt;br/&gt;<br /> 29 Watling Street&lt;br/&gt;<br /> London&lt;br/&gt;<br /> Greater London&lt;br/&gt;<br /> EC4M 9BR<br /> <br /> Tel: 020 7248 8935<br /> <br /> {{#coordinates:51.51308839559851|-0.0935545312981714|primary}}<br /> {{SHORTDESC:A historic pub on Watling street}}</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=File:Ye-old-watling.jpg&diff=9 2023-07-19T14:43:02Z

<p>Ben Morris: </p> <hr /> <div></div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=Ye_Olde_Watling&diff=8 2023-07-19T14:37:06Z

<p>Ben Morris: </p> <hr /> <div>Taking pride of place on Watling Street, London, Ye Olde Watling is just a short two-minute walk from Cheapside, Mansion House Underground Station, and Cannon Street. Bank Underground Station is just a five-minute walk away.<br /> <br /> Many of London’s most iconic attractions are also on our doorstep, including the Millennium Bridge, the Royal Exchange, the City of London, and, of course, St Paul’s Cathedral.<br /> <br /> Ye Olde Watling is a great spot to catch up with friends, relax with family, chat with colleagues, and generally enjoy the finer things in life in unique surroundings near you.<br /> <br /> == Find Us ==<br /> <br /> Ye Olde Watling&lt;br/&gt;<br /> 29 Watling Street&lt;br/&gt;<br /> London&lt;br/&gt;<br /> Greater London&lt;br/&gt;<br /> EC4M 9BR<br /> <br /> Tel: 020 7248 8935<br /> <br /> {{#coordinates:51.51308839559851|-0.0935545312981714|primary}}<br /> {{SHORTDESC:A historic pub on Watling street}}</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=Ye_Olde_Watling&diff=7 2023-07-19T14:05:30Z

<p>Ben Morris: </p> <hr /> <div>Taking pride of place on Watling Street, London, Ye Olde Watling is just a short two-minute walk from Cheapside, Mansion House Underground Station, and Cannon Street. Bank Underground Station is just a five-minute walk away.<br /> <br /> Many of London’s most iconic attractions are also on our doorstep, including the Millennium Bridge, the Royal Exchange, the City of London, and, of course, St Paul’s Cathedral.<br /> <br /> Ye Olde Watling is a great spot to catch up with friends, relax with family, chat with colleagues, and generally enjoy the finer things in life in unique surroundings near you.<br /> <br /> == Find Us ==<br /> <br /> Ye Olde Watling&lt;br/&gt;<br /> 29 Watling Street&lt;br/&gt;<br /> London&lt;br/&gt;<br /> Greater London&lt;br/&gt;<br /> EC4M 9BR<br /> <br /> Tel: 020 7248 8935<br /> <br /> {{#coordinates:51.51308839559851|-0.0935545312981714|primary}}</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=Ye_Olde_Watling&diff=6 2023-07-19T12:54:05Z

<p>Ben Morris: Created page with &quot;Taking pride of place on Watling Street, London, Ye Olde Watling is just a short two-minute walk from Cheapside, Mansion House Underground Station, and Cannon Street. Bank Underground Station is just a five-minute walk away. Many of London’s most iconic attractions are also on our doorstep, including the Millennium Bridge, the Royal Exchange, the City of London, and, of course, St Paul’s Cathedral. Ye Olde Watling is a great spot to catch up with friends, relax wit...&quot;</p> <hr /> <div>Taking pride of place on Watling Street, London, Ye Olde Watling is just a short two-minute walk from Cheapside, Mansion House Underground Station, and Cannon Street. Bank Underground Station is just a five-minute walk away.<br /> <br /> Many of London’s most iconic attractions are also on our doorstep, including the Millennium Bridge, the Royal Exchange, the City of London, and, of course, St Paul’s Cathedral.<br /> <br /> Ye Olde Watling is a great spot to catch up with friends, relax with family, chat with colleagues, and generally enjoy the finer things in life in unique surroundings near you.<br /> <br /> == Find Us ==<br /> <br /> Ye Olde Watling&lt;br/&gt;<br /> 29 Watling Street&lt;br/&gt;<br /> London&lt;br/&gt;<br /> Greater London&lt;br/&gt;<br /> EC4M 9BR<br /> <br /> Tel: 020 7248 8935<br /> <br /> {{#coordinates:51.51308839559851|-0.0935545312981714}}</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=MediaWiki:Mainpage&diff=5 2023-07-19T12:42:38Z

<p>Ben Morris: Created page with &quot;Z/Yen_Wiki_HOME&quot;</p> <hr /> <div>Z/Yen_Wiki_HOME</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=Z/Yen_Wiki_HOME&diff=4 2023-07-19T12:27:38Z

<p>Ben Morris: Created page with &quot;Z/Yen invites you to share your knowledge and expertise on the Wiki, contributing on topics from Confidence Accounting to Green Finance. We are also happy to host related wikis, e.g. Financial Services Group of Livery Companies. &lt;br&gt; =CommunityZ= File:SpringConference2012.jpg|thumb|200px| [http://www.longfinance.net/events/long-finance-conferenc...&quot;</p> <hr /> <div>Z/Yen invites you to share your knowledge and expertise on the Wiki, contributing on topics from [[LongFinance:Confidence Accounting|Confidence Accounting]] to [[LondonAccord:Green Finance|Green Finance]]. We are also happy to host related wikis, e.g. [[INDEX:Financial Services Group of Livery Companies|Financial Services Group of Livery Companies]].<br /> &lt;br&gt;<br /> <br /> =CommunityZ=<br /> [[File:SpringConference2012.jpg|thumb|200px| [http://www.longfinance.net/events/long-finance-conferences.html Spring Conference 2012]]]<br /> Through a belief that community building facilitates knowledge sharing, encourages innovation and enables the development of sound strategies to achieve objectives, Z/Yen has founded several on- and off- line communities. These communities flourish through online activities, including community websites, blogs and surveys; and real world events, including conferences, colloquies, round table discussions and report launches. <br /> &lt;br&gt;<br /> <br /> Z/Yen CommunityZ include [[ZYen:Long Finance|Long Finance]] ([[LondonAccord:Summary|London Accord]], [[FinancialCentreFutures:Summary|Financial Centre Futures]], [[Meta-Commerce:Summary|Meta-Commerce]] &amp; the [[EternalCoin:Summary|Eternal Coin]]), in addition to [[ExtZy:Summary|ExtZy]] and the [[RealTimeClub:Summary|Real Time Club]].<br /> &lt;br&gt;<br /> ==Long Finance==<br /> The Long Finance Initiative began in 2007 with a question:<br /> '''''When would we know our financial system is working?'''''<br /> &lt;br&gt;<br /> <br /> [[ZYen:Long Finance|Long Finance]] aims to improve society’s understanding and use of finance over the long term, by posing awkward questions and encouraging innovative answers. <br /> &lt;br&gt;<br /> <br /> As a [http://www.longfinance.net/online-community.html community] Long Finance seeks to expand frontiers, change systems and deliver services. Long Finance activities include providing evidence based examples of how financing methods work and don’t work, and then developing the methodologies to solve these financial problems. Long Finance research interests range from a Standards Markets approach to regulation to the nature of money. [[ZYen:Long Finance|Long Finance]] hosts roughly 30 [http://www.longfinance.net/events.html events] a year including the bi-annual [http://www.longfinance.net/events/long-finance-conferences.html conferences], and runs four programs including: the [[LondonAccord:Summary|London Accord]], the [[FinancialCentreFutures:Summary|Financial Centre Futures]], the [[ZYen:Eternal Coin|Eternal Coin]] and [[ZYen: Meta-Commerce |Meta-Commerce]].<br /> &lt;br&gt;<br /> ====[[LondonAccord:Summary|London Accord]]====<br /> Recognising that today's extra financial issues are tomorrow's key investment drivers, the [[LondonAccord:Summary|London Accord]] acts as a nexus between the financial services industry and society to encourage long-term thinking on finance and environmental, social &amp; governance (ESG) issues. This is achieved through sharing [http://www.longfinance.net/la-reports.html recent reports], writing [http://www.zyen.info/mediawiki/newzyen/index.php?title=Special:AllPages&amp;namespace=500 wiki articles] and promoting [[LondonAccord:Awards|awards]] that acknowledge contributions to [[LondonAccord:Sustainability|sustainability]]. The London Accord [http://www.longfinance.net/groups/viewgroup/3-london-accord.html group] on the [http://www.longfinance.net/online-community.html Long Finance community] offers opportunities to network with like-minded thought leaders, and get updates on future events. <br /> &lt;br&gt;<br /> ==== [[FinancialCentreFutures:Summary|Financial Centre Futures]]====<br /> The [[FinancialCentreFutures:Summary|Financial Centre Futures]] program seeks to initiate discussion on the changing landscape of global finance and explore how it might work in the future. The programme includes the [[ZYen:Global Financial Centres Index|Global Financial Centres Index]] (GFCI). This is a bi-annual publication, first produced by the [http://www.zyen.com Z/Yen Group] in March 2007, which examines major financial centres across the world in terms of competitiveness.<br /> &lt;br&gt;<br /> <br /> The index draws on the experience of a community of nearly 2000 financial services professionals worldwide, who take the questionnaire. These contributions are combined with a selection of instrumental factors to form a factor assessment model, which is used calculate the ratings and rankings. People can engage further in the Financial Centre Futures program through joining the community [http://www.longfinance.net/groups/viewgroup/5-financial-centre-futures.html group]. <br /> &lt;br&gt;<br /> ====[[ZYen:Meta-Commerce|Meta-Commerce]]====<br /> The [[Meta-Commerce:Summary|Meta-Commerce]] programme aims to map the road to [[ZYen:Long Finance|Long Finance]] by identifying a set of core questions that need solving in order to have a working financial system. The program links economics, finance and society. Inspired by [http://en.wikipedia.org/wiki/Hilbert's_problems David Hilbert's 23 questions] project of 1900, the [[Meta-Commerce:Summary|Meta-Commerce]] programme aims to use a road map of questions to help prioritise future research and direct action. So far, the community has developed over 70 [http://www.zyen.info/mediawiki/newzyen/index.php/ZYen:Meta-Commerce#The_Question.27s questions] and topics for discussion.<br /> &lt;br&gt;<br /> ====[[EternalCoin:Summary|Eternal Coin]]====<br /> The [[EternalCoin:Summary|Eternal Coin]] programme aims to initiate a global discussion on the nature of money and the concept of value. It takes a long-term and inter-generational approach and is an educative programme teaching the theory and mechanics of currencies.<br /> &lt;br&gt;<br /> ==[[ExtZy:Summary|ExtZy]]==<br /> [[File: Extzy graph.jpg|thumb|100px|[http://www.extzy.net/ ExtZy Index]]]<br /> [[ExtZy:Summary|ExtZy]] is a [http://www.extzy.net/ community] created by Z/Yen that explores prediction markets through web-page popularity. Players can [http://www.extzy.net/ buy shares] in those sites that they think will grow in popularity and then trade their dividends in for real prizes.<br /> &lt;br&gt;<br /> <br /> ==[[RealTimeClub:Summary|Real Time Club]]==<br /> Founded in 1967, the [http://www.realtimeclub.org/ Real Time Club] is believed to be the world’s oldest IT dining Club. The Club is dedicated to participative [http://www.realtimeclub.org/index.php/component/rtcmeetings/?Itemid=22 events] that provide “rapid responses to the challenges of the information society”.<br /> &lt;br&gt;<br /> <br /> In addition to the events hosted, the Real Time Club’s [http://www.realtimeclub.org/index.php/your-profile?view=registration online community] and [http://www.zyen.info/mediawiki/newzyen/index.php?title=Special:AllPages&amp;namespace=502 Wiki pages] provide a space for members to interact, network and organize future events. <br /> &lt;br&gt;<br /> =Online Tools=<br /> Z/Yen has developed several tools for its communities. These include tools to calculate potential future CO2 prices and to estimate the potential impact of different policy scenarios on your business, such as a [http://zyen.info/Qv3/QPyIn.py?qrid=6824156999406202&amp;state=new&amp;set=63|735 Price Impact Calculator], a [http://zyen.info/Qv3/QPyIn.py?qrid=7870709104438437&amp;state=new&amp;set=63|735 Carbon Footprint Calculator] and a [http://www.longfinance.net/component/tcmodel/?task=investment&amp;iid=3347891746244936&amp;Itemid=128 Investment Return Calculator]. <br /> &lt;br&gt;<br /> <br /> '''Top Financial Centre – [http://www.zyen.info/mediawiki/newzyen/index.php/File:London(Black),_NewYork(Navy),_HongKong(Blue).png London, New York or Hong Kong?]'''<br /> Other tools allow you to compare and track [http://www.longfinance.net/component/gfcigraph/ city’s progress in GFCI], or to engage other members at the [http://www.extzy.net/ website trading game].</div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=File:SpringConference2012.jpg&diff=3 2023-07-19T12:25:10Z

<p>Ben Morris: </p> <hr /> <div></div>

Ben Morris https://veracity-wiki.zyen.info/w/index.php?title=London_Accord:_Awards&diff=2 2023-07-19T11:45:42Z

<p>Ben Morris: Created page with &quot;== Environmental, Social and Governance Awards == Numerous environmental, social and governance (ESG) awards exist that are of interest to the London Accord community. The London Accord itself sponsors the Farsight Award for the best in long-term ESG investment research. The Farsight Award is now part of the [http://www.cityoflondon.gov.uk/ City of London Corporation's] [http://www.cityoflondon.gov.uk/corpo...&quot;</p> <hr /> <div>== Environmental, Social and Governance Awards ==<br /> <br /> Numerous environmental, social and governance (ESG) awards exist that are of interest to the [[LondonAccord:London Accord|London Accord]] community. The London Accord itself sponsors the [[LondonAccord:Farsight Award|Farsight Award]] for the best in long-term ESG investment research. The Farsight Award is now part of the [http://www.cityoflondon.gov.uk/ City of London Corporation's] [http://www.cityoflondon.gov.uk/corporation/LGNL_Services/Environment_and_planning/Sustainability/Sustainable_City_Awards/ '''Sustainable City Awards''']<br /> <br /> Michael Mainelli will be on the judging panel for the [http://www.london-accord.co.uk/images/PDF/banking%20tech%20awards.pdf Banking Technology Awards 2010] - noteworthy is the '''Green IT Initiative by a Financial Institution''' category. Entries close 6 August and voting ends 31 August 2010. Read more on our [[LondonAccord:Sustainability|Sustainability]] page... <br /> <br /> <br /> Distinguished award schemes:<br /> * [[LondonAccord:Farsight Award|Farsight Award]]<br /> * [http://www.bankingtech.com/bankingtech/resourceNoAds.do?id=bat:awardsreaders&amp;section=awards Banking Technology Awards]<br /> * [[LondonAccord:Rushlight Awards|Rushlight Awards]]<br /> * [http://www.thegreenorganisation.info/ Green Apple Awards]<br /> * [http://www.queensawards.org.uk/ The Queen's Awards]<br /> * [http://ec.europa.eu/environment/awards/index_en.htm European Business Awards for the Environment]</div>

Ben Morris