Latest news with #financialtransactions
Asharq Al-Awsat
5 days ago
- Business
- Asharq Al-Awsat
Damascus Stock Exchange to Reopen on June 2
Syrian Finance Minister Mohammad Yasar Barnieh announced that the Damascus Stock Exchange will reopen on Monday, June 2, following the completion of necessary reviews and procedures. According to the Syrian state news agency SANA, the minister confirmed that measures have been taken to ensure compliance with anti-money laundering regulations and to prevent the misuse of the market. Initially, trading will be limited to three days per week. Barnieh stated that the reopening aims to help stimulate the economy and revitalize financial transactions. He also revealed that preparations are underway for a comprehensive development plan for Syria's capital markets. This plan includes upgrading trading systems, implementing electronic clearing and settlement processes, enhancing digital services, expanding investment tools, and encouraging both supply and demand in the financial markets. Raising public awareness about the market is also part of the initiative. The minister noted that a thorough review and update of existing financial legislation is being planned to align with modern trends, global standards, and sound international practices. The goal is to strengthen the role of the stock exchange in supporting economic development and funding. Trading on the Damascus Stock Exchange was suspended in early December last year due to the urgent need to assess the operational and financial status of listed companies. The suspension allowed time for these companies to disclose the extent of damages and losses and to reduce the risk of market manipulation and capital flight.
Finextra
5 days ago
- Business
- Finextra
Griffin begins build of agentic bank
UK Banking-as-a-Service bank Griffin is opening up access to a Model Context Protocol (MCP) server, providing a way for AI agents to autonomously perform tasks on behalf of customers. 1 Griffin, which secured a full banking licence in March last year, says the initiative is the beginning of massive technological platform shift, which will see people delegating more and more of their work to AI. "There have been a few test cases floating around of people getting AI agents to engage in financial transactions, but these are generally limited to proofs-of-concept like getting an agent to buy a cup of coffee," states a spokesperson. "We think there is much further to to get there, the financial system has to be fundamentally rewired to accommodate a world in which agents can freely transact — while still retaining appropriate safeguards." Potential use cases cited include end-to-end wealth management, payment admin and transactional capabilities. "This is early for us - we're in beta - but it shows the power of what's possible," says the bank in a statement. "You can use the Griffin MCP server to have an agent open accounts, make payments, and analyse historic events. You can also use it to build complete prototypes of your own fintech applications on top of the Griffin API - which we're already seeing customers doing in real time." Currently limited to a sandbox environment, Griffin is now inviting customers for input and to get it deployed in a production environment.
Washington Post
24-05-2025
- Business
- Washington Post
Trump administration lifts broad sanctions against Syria
The Trump administration on Friday lifted a wide range of sanctions against Syria, taking steps to fulfill a promise made this month during a trip in which President Donald Trump met with the country's new leader in Saudi Arabia. The Treasury Department in a 'general license' lifted sweeping regulations that had banned U.S. citizens and companies from making most financial transactions with Syria's government or entities that worked with Syria's government.
Yahoo
19-05-2025
- Business
- Yahoo
Trading in GN Store Nord shares by board members, executives and associated persons
GN Store Nord has received notification pursuant to article 19 of regulation (EU) no. 596/2014 of the below transactions related to shares in GN Store Nord made by persons discharging managerial responsibilities in GN Store Nord and/or persons closely associated with them. 1. Details of the person discharging managerial responsibilities/person closely associated Name Jørgen Bundgaard Hansen 2. Reason for the notification Position/status Member of the Board of Directors Initial notification/Amendment Initial notification 3. Details of the issuer Name GN Store Nord A/S LEI 5493008U3H3W0NKPFL10 4.1 Details of the transaction(s) Description of the financial instrument, type of instrumentIdentification code Shares DK0010272632 Nature of the transaction Purchase of shares Price(s) and volume(s) Price(s) DKK 93.66DKK 93.66DKK 93.66DKK 93.66DKK 93.66DKK 93.66DKK 93.66 Volume(s) 2,748846609779687635600 Aggregated information- Aggregated volume- Price 6,904 sharesDKK 93.66 per share Date of the transaction 2025-05-15 Place of the transaction Nasdaq Copenhagen 4.2 Details of the transaction(s) Description of the financial instrument, type of instrumentIdentification code Shares DK0010272632 Nature of the transaction Purchase of shares Price(s) and volume(s) Price(s) DKK 98.34 Volume(s) 96 Aggregated information- Aggregated volume- Price 96 sharesDKK 98.34 per share Date of the transaction 2025-05-16 Place of the transaction Nasdaq Copenhagen For further information, please contact: Investor RelationsRune Sandager +45 45 75 92 57 Media Relations Steen Frentz Laursen +45 20 65 34 20 About GN GN facilitates communication between people through intelligent hearing, audio, video, and gaming technology. Inspired by people and driven by our passion for innovation, we leverage technologies to deliver unique user experiences that bring people closer through the power of sound and vision. GN was founded more than 150 years ago with a vision to connect the world. Today, we proudly honor that legacy with our world-leading expertise in the human ear, audio, video and speech, wireless technologies, software, miniaturization, and collaboration with leading technology partners. GN's solutions are marketed by the brands ReSound, SteelSeries, Jabra, Beltone, Interton, BlueParrott, Danavox and FalCom in 100 countries. Founded in 1869, the GN Group employs 7,000 people and is listed on Nasdaq Copenhagen ( Visit our homepage - and connect with us on LinkedIn, Facebook and in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
