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Smart Centres Index 3: Investment In Advanced Education And Innovation Clusters Generates Innovation Advantage

Date 16/06/2021

The Smart Centres Index (SCI 3) explores the ability of global commercial centres to be hubs for the development of new technology. In SCI 3 London retakes first place and New York returns to second place.

Bank For International Settlements And Nordic Central Banks Launch Innovation Hub Nordic Centre

Date 16/06/2021

• Bank for International Settlements and four Nordic central banks launch the BIS Innovation Hub Nordic Centre.
• Expansion marks the fifth BIS Innovation Hub Centre to be opened in the past two years.
• Nordic Centre to help advance Innovation Hub's work on priority themes.

Testimony Of US Secretary Of The Treasury Janet L. Yellen To The Committee On Finance, U.S. Senate

Date 16/06/2021

Chairman Wyden, Ranking Member Crapo, it’s a pleasure to be with you.

When I took office back in January, the first – and most urgent – problem confronting our economy was obviously the pandemic: helping people make it to the other side of the crisis and ensuring they were met there by a robust recovery. Thanks to this Congress – and its passage of the American Rescue Plan – I believe we are well on our way towards that goal.

The UK Financial Conduct Authority And The Bank Of England Encourage Market Participants In A Switch To SOFR In US Dollar Interest Rate Swap Markets From 26 July

Date 16/06/2021

Following close engagement with market participants, and to support the US-led ‘SOFR First’ initiative, the FCA and Bank of England support and encourage liquidity providers in the US dollar linear interest rate swaps market to adopt new trading conventions for interdealer trading based on SOFR instead of LIBOR from 26 July this year. This is to facilitate a shift in market liquidity towards SOFR, bringing benefits for a wide range of users as they move away from LIBOR.

BME Appoints Gloria Martínez-Picazo As The Spanish Stock Exchange’s Investor Ombudswoman

Date 16/06/2021

BME has appointed Gloria Martínez-Picazo as Investor Ombudswoman of the Madrid, Barcelona, Bilbao and Valencia stock exchanges. Martínez-Picazo is the first woman to hold this position since this figure was created, in 1991, whose aim is to inform and protect retail investors in the exercise of their rights, as well as arbitrating in the event of incidents that so require.

Nasdaq Announces Results from 2021 Annual Meeting of Shareholders, Ten Directors Re-elected, Nasdaq Board Re-elects Michael R. Splinter as Chairman of the Board

Date 16/06/2021

Nasdaq, Inc. (Nasdaq: NDAQ) shareholders elected all nominated directors at the company’s Annual Meeting of Shareholders on Tuesday, June 15, 2021. All directors will serve one-year terms. 

Fetch.ai And Poland's Poznan Supercomputing And Networking Center (PSNC) Partner To Develop AI-Powered Collective Learning Module For Cancer Cell Detection

Date 16/06/2021

Fetch.ai (https://fetch.ai/), a Cambridge-based artificial intelligence lab building an open-access decentralized machine learning network for smart infrastructure, announced today that Poland's Poznan Supercomputing and Networking Center (PSNC) will be joining its Collective Learning initiative. This partnership will allow PSNC to use and contribute data to train algorithms that can be used by hospitals and research centers worldwide to identify and detect circulating cancer cells in patients' blood or tissue biopsies in the upcoming future. 

Bank Of England: Minutes Of The Wholesale Distribution Steering Group – 2 June 2021

Date 16/06/2021

ETFGI Reports Assets In The Global ETFs And ETPs Industry Broke Through The US$ 9 Trillion Milestone At The End Of May 2021

Date 16/06/2021

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reported today that assets invested in the global ETFs and ETPs industry broke through the US$ 9 trillion milestone at the end of May 2021.   ETFs and ETPs listed globally gathered net inflows of US$97.08 billion during May, bringing year-to-date net inflows to a record US$559.48 billion which is higher than the prior record of US$229.34 billion gathered at this point last year. Assets invested in the global ETFs and ETPs industry increased by 2.8% from US$8.96 trillion at the end of April 2021, to a record US$9.21 trillion at the end of May, according to ETFGI's May 2021 Global ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

IOSCO: Paul Munter Appointed Co-Chair Of The Monitoring Group

Date 16/06/2021

The Monitoring Group (MG) is pleased to announce the appointment of Mr. Paul Munter as Co-Chair of the Monitoring Group for a two-year term. He joins Mr. Jean-Paul Servais, Chairman of Belgium’s Financial Services and Markets Authority (FSMA), who was named Co-Chair of the Monitoring Group in January 2021.