News Centre

New SEC Public Service Campaign: Investing Regularly Really Adds Up

Date 23/06/2021

The Securities and Exchange Commission’s Office of Investor Education and Advocacy (OIEA) today unveiled a public service campaign (PSC) to educate investors on the benefits of investing and encourage them to use the free financial planning tools and information on the SEC’s online resource − Investor.gov. More than 30 million users have accessed Investor.gov since it launched in October 2009. The SEC expanded its outreach program in 2016 to include PSCs to reach and educate more investors.

U.S. Department Of The Treasury: Testimony Of Deputy Assistant Secretary For Community And Economic Development Noel Andrés Poyo Before The Subcommittee On Financial Services And General Government, Committee On Appropriations, U.S. Senate

Date 23/06/2021

Introduction

Chairman Van Hollen, Ranking Member Hyde-Smith, and Members of the Subcommittee, it is my honor and my pleasure to speak with you today.  My name is Noel Andrés Poyo. I am the Deputy Assistant Secretary for Community and Economic Development at the Treasury Department. Thank you for the opportunity to provide testimony on Treasury’s Fiscal Year 2022 Budget and specifically about Community Development Financial Institutions (CDFIs) and Treasury’s CDFI Fund.

Financial Institutions Can Now Provide Consumers Easy Access To Bitcoin Via Fiserv And NYDIG

Date 23/06/2021

Financial institutions of all sizes now can enable consumers to buy, sell and hold bitcoin through their bank accounts via an integration between Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, and NYDIG, a leading bitcoin technology and financial services company. This will enable banks and credit unions to meet growing mainstream interest in bitcoin, retain and grow their customer base, and increase non-interest income opportunities.

Testimony Of US Secretary Of The Treasury Janet L. Yellen, Before The Subcommittee On Financial Services And General Government Committee On Appropriations, United States Senate

Date 23/06/2021

Chairman Van Hollen, Ranking Member Hyde-Smith, thank you for inviting me to join you today. I look forward to your questions, but first, I want to briefly discuss the state of our economy and the state of the Treasury Department. Because I believe one depends on the other.

Canadian Securities Regulators Adopt New Nationally Harmonized Start-Up Crowdfunding Rules

Date 23/06/2021

The Canadian Securities Administrators (CSA) today adopted harmonized rules for securities crowdfunding.

FG, Corporates Raised N4.58trn From The Fixed Income Market – NGX

Date 23/06/2021

Despite the weak macroeconomic situation, Nigerian Exchange (NGX) Limited continues to provide issuers with a platform that allows them meet their strategic business objectives as Federal Government and corporates have so far raised N4.58 trillion from the capital market via the fixed income segment from Jan to June 3, 2021.

Finansinspektionen: Maiden Life Receives Warning And Administrative Fine

Date 23/06/2021

Finansinspektionen (FI) is issuing Maiden Life Försäkrings AB a warning. The company must also pay an administrative fine of SEK 5.5 million.

Digital Transformation, Key to Growth of Nigerian's Capital Market – NGX CEO

Date 23/06/2021

The increase in data collection and analysis recorded in the global markets presents an opportunity for Nigeria's capital market to achieve key sustainable development targets across other sectors of the economy via digital transformation.

Kaiko Closes $24 Million Series A To Scale Crypto Financial Data Services For Institutions

Date 23/06/2021

Kaiko, the leading cryptocurrency market data provider, announced today a $24 million Series A funding round led by global financial services investors Anthemis and Underscore VC. Point Nine, Alven and Hashkey Capital also joined the round, bringing to the table an international investor base with a strong background in fintech, financial services, software and crypto. 

EBA Publishes Its Report On Management And Supervision Of ESG Risks For Credit Institutions And Investment Firms

Date 23/06/2021

• This report provides institutions with common definitions of ESG risks and their transmission channels and identifies evaluation methods that are needed for effective risk management.
• The EBA recommends integrating ESG risks into business strategies, governance and risk management as well as supervision in a timely manner.
• This report provides steer on supervisory expectations and sets the foundations for future EBA Guidelines on the topic.