Baltic Horizon Fund publishes its NAV for January 2021 Baltic Horizon Fund / Northern Horizon Capital Tallinn, ESTONIA
Estonian
The net asset value (NAV) of Baltic Horizon Fund (the Fund) unit at end of January 2021 amounted to EUR 1.1442 per unit. Compared to the previous month, NAV per unit increased by +0.41%. The total net asset value of the Fund rose to EUR 136.9 million over the month. The NAV was affected positively by the operating performance of properties and cash flow hedge movement during the month. EPRA NAV, EPRA NRV and EPRA NTA as at the end of January 2021 increased to EUR 1.2270 per unit, corresponding to an increase of +0.42% over the last month.
Anti-Money Laundering Platform Salv Raises €1.5 Million to Expand AML Bridge Pilot to Various European Countries
Salv, an Estonia-based anti-money laundering platform, recently announced it secured €1.5 million to expand the pilot program AML Bridge to other European countries. According to Salv, the pilot comes in cooperation with four of Estonia’s largest banks – LHV, Luminor, SEB Estonia and Swedbank Estonia, and Estonian Financial Supervisory Authority, Financial Intelligence Unit and Data Protection Inspectorate.
Salv further revealed that the AML Bridge pilot was introduced in Estonia two months ago. The aim of this pilot is threefold:
To prove that collaborative crime-fighting in the banking industry is the best way to fight money laundering.