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ASIC: Societe Generale Securities Australia Pty Ltd Fulfils Additional Licence Conditions

Date 24/06/2021

Additional Australian financial services (AFS) licence conditions imposed on Societe Generale Securities Australia Pty Ltd (SGSAPL) in June 2020 have been removed from 3 June 2021.

Indian Startups Raise US$8.1bn VC Funding During January To May 2021, Finds GlobalData

Date 24/06/2021

Indian startups stood next to Chinese counterparts in terms of venture capital (VC) funding value among the Asia-Pacific (APAC) countries during January to May 2021. A total of 499 VC funding deals were announced in India during the period while the corresponding disclosed funding value of these deals stood at US$8.1bn, according to GlobalData, a leading data and analytics company.

Canadian Securities Regulators Sign FinTech Co-Operation Agreement With The Financial Services Commission, Mauritius

Date 23/06/2021

Members of the Canadian Securities Administrators (CSA) have signed a fintech co-operation agreement with the Financial Services Commission, Mauritius (FSC Mauritius). The members are the securities regulatory authorities in British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario, Québec and Saskatchewan.

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.