News Centre

New York Racing Association Expands Use Of Alessa For AML - Leading Thoroughbred Racing Organization And Gaming Facility Uses AML Compliance Solution By Tier1 Financial Solutions For Sanctions Screening, Transaction Monitoring And Regulatory Reporting.

Date 15/06/2021

Tier1 Financial Solutions, a leading provider of client relationship management, compliance, and fraud prevention solutions, has announced that The New York Racing Association, Inc. (“NYRA”) has expanded its contract with Alessa to help enhance its compliance and anti-money laundering (AML) capabilities under the Bank Secrecy Act (BSA).

World Bank, IMF Launch High-Level Advisory Group On Sustainable And Inclusive Recovery And Growth

Date 15/06/2021

In the face of two crises—COVID-19 and climate change—the World Bank Group and International Monetary Fund launched a High-Level Advisory Group (HLAG) on Sustainable and Inclusive Recovery and Growth today to help secure a strong recovery and set a path for green, resilient, and inclusive development over the coming decade.

SEC Charges Issuer With Cybersecurity Disclosure Controls Failures

Date 15/06/2021

The Securities and Exchange Commission today announced settled charges against real estate settlement services company First American Financial Corporation for disclosure controls and procedures violations related to a cybersecurity vulnerability that exposed sensitive customer information.

Persistence Launches pSTAKE Public Alpha To Unlock Global Crypto Asset Liquidity - Testnet Of The Liquid Staking Protocol And Bug Bounty Program First Step Towards Bridging Gap Between Staking And Decentralized Finance

Date 15/06/2021

Persistence, the ecosystem of multi-chain DeFi products designed to stimulate global liquidity and enable seamless value exchange, has opened its testnet to the public. This launch will enable anyone to test pSTAKE’s liquid staking services, with test tokens initially available to users in the public alpha. 

HANetf Launches Its Sports Betting And iGaming ETF On Deutsche Börse Tracking Solactive Index

Date 15/06/2021

After the successful launch of its Fischer Sports Betting and iGaming UCITS ETF (BETS) on the London Stock Exchange, the British White Label ETF provider HANetf brought this innovative concept to Continental Europe, now launching BETS on Deutsche Börse on June 15th. The ETF includes sports and online betting companies, which experienced a surge in demand during the Covid 19 pandemic and in the light of loosened restrictions for online gambling opportunities in the US. The Fischer Sports Betting and iGaming UCITS ETF tracks the Solactive Fischer Sports Betting and iGaming Index.

Innovation To Serve The Public Interest - Speech By Andrew Bailey, Governor, Bank Of England, Given At The City UK Annual Conference

Date 15/06/2021

Andrew Bailey talks about how public policy makers think about innovation in financial services. He focuses on new forms of payment. He says the public interest must be at the heart of innovation in this area.

Greentech namR Lists On Euronext Growth Paris

Date 15/06/2021

• €8 million raised

• Market capitalisation of €38.2 million

• 17th admission on Euronext Paris this year

BME: MARF’s Issuers Contribute A Turnover Of 78 Billion Euros To The Spanish Economy

Date 15/06/2021

• The study reveals that the non-financial companies that rely on this market for funding maintain 380,000 jobs and generate income worth 21 billion euros 
• All sectors are represented in the market: 40% belong to the heavy industry and energy, 36% to consumer goods and services and the remaining 24% to other activities
• Madrid (48% of the companies), the Basque Country (18%) and Catalonia (7%) are the regions with the largest presence in MARF
• The ICO's public-private collaboration through MARF is making it possible to channel financial aid to meet the liquidity needs faced by companies due to the pandemic

Big Data And Artificial Intelligence: New Paper Published By BaFin To Outline Principles

Date 15/06/2021

On 15 June 2021, BaFin published supervisory principles for the use of algorithms in decision-making processes by financial institutions. Those principles are intended to promote the responsible use of big data and artificial intelligence (BDAI) and facilitate control of the associated risks. Financial market institutions are increasingly using technologies such as BDAI. In its 2018 study, "Big data meets artificial intelligence", BaFin noted that while BDAI applications would open up opportunities for institutions as well as for consumers, the risks that might be involved with them had to be kept in check (BaFin Perspectives Issue 1 | 2018)

Bank Of England: Minutes Of The London FXJSC Operations Sub-Committee Meeting - 3 March 2021

Date 15/06/2021

The Bank of England chairs the London Foreign Exchange Joint Standing Committee (FXJSC) Operations Sub-Committee. The FXJSC is made up of market participants, infrastructure providers and the UK financial regulators.