Source: ICMA
The International Capital Market Association (ICMA), the Islamic Development Bank (IsDB) and LSEG (London Stock Exchange Group) today publish new guidance on the issuance of green, social and sustainability sukuk (together, “sustainable sukuk”).
Senior payment experts from the European Central Bank have characterized the SEC's recent approval of spot exchange-traded funds (ETFs) for bitcoin as a stark illustration of the "Emperor's New Clothes" phenomenon. They argue that this move legitimizes a currency whose intrinsic value as an asset is essentially negligible.
Source: XTB
XTB, a global fintech offering online investing platform and mobile app, announced today the appointment of Tomasz Gawron to lead the company's Artificial Intelligence (AI) department.
Source: Kroll
EverC, a pioneer in AI-driven merchant and marketplace risk intelligence and insights for ecommerce and payment providers, recently announced a new investment by the & Opportunity Fund and strategic partnership with Kroll, the leading independent provider of risk and financial advisory solutions.
Binance says it will not go ahead with plans to buy FTX, citing the results of due diligence and reports of US regulatory investigations into its rival crypto exchange.
Source: CFA Institute
BNP Paribas Asset Management (BNPP AM) and CFA Institute today announced the global launch of an e-learning primer to support the understanding of the importance of acquiring ESG (Environmental, Social and Governance) skills and the growing need for greater sustainability knowledge and awareness among finance and investment professionals.
Ethical considerations should feature more prominently in the use of artificial intelligence (AI) in the investment management world, according to a recently published paper.
Source: FinCEN
The Financial Crimes Enforcement Network (FinCEN) today announced that it has assessed a $140 million civil money penalty against USAA Federal Savings Bank (USAA FSB) for willful violations of the Bank Secrecy Act (BSA) and its implementing regulations.