by Ekrem Duman | Sep 5, 2026 | Finance, Insurance
⚡ TL;DRInsurable interest is the relationship between a person or business and a potential insured loss. Having an economic stake in an asset or life is a starting point; the policy still has to insure the right entity, interest and event. Insurable Interest: this...
by Ekrem Duman | Sep 5, 2026 | Finance, Mortgages & Loans
⚡ TL;DRBorrowing against your home can provide business capital, but it connects business uncertainty to household housing security. Compare the full repayment obligation and collateral exposure before comparing interest rates. Home Equity for Business: this guide...
by Ekrem Duman | Sep 5, 2026 | Banking, Finance
⚡ TL;DRAn interbank deposit is money one bank places with another bank. It helps banks manage funding and liquidity. A business normally encounters this market indirectly, through its bank’s pricing, funding conditions and ability to provide credit. Interbank...
by Ekrem Duman | Sep 5, 2026 | Finance
Last updated: September 5, 2026 ⚡ TL;DR Australia’s corporate and financial regulator, ASIC, published its Corporate Plan 2026–27 on August 26, 2026, naming artificial intelligence a named priority area for the first time at this level of specificity. ASIC will...
by Ekrem Duman | Sep 4, 2026 | Finance
Last updated: September 4, 2026 ⚡ TL;DR As of September 1, 2026, the FCA’s new COCON 1.1.7FR rule extends its Code of Conduct beyond banks to roughly 37,000 non-bank financial firms — insurers, asset managers, investment firms, and wealth managers. Serious...
by Ekrem Duman | Sep 3, 2026 | Finance
⚡ TL;DR The Fed cut rates three times in late 2025, then held the federal funds target at 3.50%–3.75% through five consecutive 2026 meetings, most recently on 29 July 2026. Bank prime is 6.75% (Federal Reserve H.15). SBA 7(a) variable-rate ceilings sit at Prime plus...
