Financial Center News #23

Interview with the 🥉 #WAIFC Young Academic Award 2023 ]

We are thrilled to announce that Lionel Mok has clinched the 3️⃣rd place in the prestigious WAIFC Young Academic Award 2023! 🏆

In a ceremony that brought together the #WAIFC members from around the globe, Lionel stood out with his groundbreaking research titled « Charting the Way Forward for #SustainableFinance Talent Development. »

Immediately after the award presentation, Lionel Mok graciously dedicated time for an exclusive interview with us, sharing his insights and the potential impact of his work. His dedication to exploring innovative solutions for sustainability in finance has earned the recognition of all #WAIFC members and sets a new benchmark for academic excellence.

We are proud to support emerging talents like Lionel Mok who are not only shaping the future of finance but are also actively contributing to a more sustainable world.

Congratulations, Lionel 🌱

We would like to thank Jochen Biedermann, Akshu S Campbell-Holt, Nancy Murphy, Hortense Mudenge, Mohammad Alblooshi, Thami Ghorfi, Tomohiko, Peter Ware, Laurent Marliere, Prof. Prof. Joseph Falzon and Joe Moynihan for contributing to this initiative.

#WAIFCYAA2023 #Sustainability #Finance #Blockchain #Innovation #YoungAcademics

#ADGM's FSRA has released its 2024 Business Plan Report, outlining our strategies and priorities in financial services regulation. Learn how the #FRSA played a pivotal role in providing opportunities for growth through a robust and comprehensive regulatory framework, based on international standards.

Learn more on our website: 🔗 https://lnkd.in/d9rX4n6q

In a distinguished ceremony, AIFC team members were awarded by the "30 Years of Tenge" medals. Timed to coincide with National Currency Day, the accolades celebrate significant contributions to the prosperity and stability of Kazakhstan's financial system.

The honourees receiving the medals included:

Aliya Seytova, Senior Associate of the Prudential Division at the Astana Financial Services Authority (AFSA), recognized for her rigorous supervision over banks, investment companies, and insurance agencies.

Nurlybek Orumbayev, Director of the AIX Registrar, honoured for his diligent and meticulous work in controlling the settlement of exchange and off-exchange transactions with securities.

Bakytzhan Sansyzbayuly, Director of Budgeting and Planning at the AIFC Authority, has been acknowledged for his analytical acumen, perseverance, and forecasting ability, aiding the company in making informed decisions.

Madina Tukulova, Head of the Islamic Finance & Business Department at the AIFC Authority, applauded for her invaluable contribution to the development of the Islamic finance industry in Kazakhstan and Central Asia. She ranks among the top 30 most influential women in Islamic finance and business.

The medals, presented by the National Bank and awarded on behalf of the President of the Republic of Kazakhstan, recognize individuals who have significantly contributed to the development of Kazakhstan's financial system.

We sincerely congratulate our respected colleagues for their steadfast commitment and outstanding achievements. Please join us in celebrating these achievements by leaving your warm wishes and congratulations in the comments below.

#AIFC #TengeAnniversary

CFC Africa News is back.

For more details about CFC Africa Insights, click the link below and share your thoughts in the comments section.

Link: https://lnkd.in/dWb7DNB6

#AfricaNews #CFCInsights #AfricaUpdates

#DIFC and the Financial Services and the Treasury Bureau (FSTB) of Hong Kong aims at strengthening ties between #Dubai and #HongKong.

Arif Amiri, CEO of DIFC Authority and the Under Secretary for Financial Services and the Treasury, Joseph HL Chan met to discuss the cooperation of the financial hubs in both regions and strengthening cooperation in the fields of green and #sustainable finance, #FinTech, capital markets and family office business.

Flashback to this Historic Moment in London

This time last Saturday, November 11th, 2023, EnterpriseNGR collaboratively launched Lagos on the global map as Nigeria's centre of excellence became the first city from the continent of Africa to participate in the prestigious Lord Mayor's Show in the UK.

In this report by Channels Television, amid the colourful display, EnterpriseNGR's CEO Obi Ibekwe reiterated the commitment of the member-led advocacy group promoting Nigeria's Financial and Professional Services (FPS) sector to continue to project Lagos & Nigeria as a preferred investment destination.

She said: "We had hoped to portray Lagos in the right light on the world stage, and... we achieved that; to let the world know that things are changing..."

In alignment, the EnterpriseNGR's Director of Policy and Public Affairs, Lami Adekola: "We want to let the investing public know that Lagos is the destination to be when you are thinking of investment on the Continent."

#throwbackthursday #LMS2023 #EnterpriseNGR #Lagos #LIFC

Highlights from the Web Summit 2023.

Malta Enterprise | Tech.mt | Malta Digital Innovation Authority

#FinancialServices

FinCity.Tokyo (東京国際金融機構)’s Executive Director, Keiichi Aritomo, and Ambassador, Chang Li, were invited to speak at the Tokyo American Club for the inaugural Transaction Innovation Forum 2023 on Monday. We would like to thank the event’s organisers, Dr Michael Salmony and Harry Smorenberg, for putting together the day's programme, which brought together speakers from across fields including cross-border payments, central bank digital currencies, and trade finance.

FinCity.Tokyo’s Ambassador Ms Li gave a keynote welcome address, in which she reflected on financial technology’s role in building Tokyo’s future as a global financial city. “In my view, it is crucial for Japan to continue embracing progress in the transactions space,” said Ms Li. Fintech is one of the strategic priorities established by the Tokyo Metropolitan Government in its ‘Global Financial City: Tokyo’ Vision.

On a national level, transaction technologies are important for Japan’s small-to-medium-sized enterprises, noted Ms Li. SMEs contribute over half of the country’s Gross Domestic Product and two-thirds of employment, but have been underserved by banks in the past. “Ensuring that they can execute payments quickly and securely, is imperative to the health of these businesses, and the overall health of the economy,” said Ms Li.

Overall growth in the global payments business is expected to slow over the next 5 years, but the APAC region will gain greater prominence, according to a presentation from BCG X’s Managing Director Kentaro Ogata. APAC is expected to achieve near-parity in market size with North America by 2027, with global industry revenues at $2.2 trillion, he explained.

Japan’s position in the region, as a mature and highly-developed economy, makes it well-placed to seize the opportunities of new payment technology to improve efficiency.

“Objectively, Tokyo is strong,” said Mr Aritomo in his closing address to the conference, drawing on a recent ranking of global financial cities by The Mori Foundation’s Institute for Urban Strategies in 2023. Tokyo ranked as third in the world, after New York and London, for its strengths as a hub for banking and financial intermediaries, but there remains clear room for improvement in product innovation, and in attracting and developing Fintech talent, noted Mr Aritomo.

Part of the challenge lies in decreasing Japanese companies’ reliance on legacy technologies. “Let’s get rid of the fax machine,” said Mr Aritomo. “Before talking about blockchain, or AI, or any other modern technology, we have to stop using the fax.”

#Frankfurt and #Chengdu signed a joint statement 🤝

The financial centre initiative Frankfurt Main Finance (FMF) and the China Innovation Finance Institute | Chengdu (CDIFI) intend to work more closely together in the future. The memorandum serves to strengthen the Sino-German #cooperation in the financial sector. To this end, the two financial centre initiatives will organize joint training courses, conferences and other activities to increase market awareness and media presence of both financial centres. In addition, CDIFI and FMF will cooperate on research and thought leadership articles.

"Starting from this MOU and the joint efforts behind it, we believe the government, industry and financial sector of Western China will have more new financial and investment collaboration with Frankfurt, the leading international financial centre with world-class financial service and ecosystem", says Calvin Chenggang/傅诚刚 FU, CDIFI Director.

“The Frankfurt financial center would like to thank the China Innovation Finance Institute Chengdu for the excellent cooperation. The mutual support in a broad range of topics is the right step to further advance our profile as leading financial centres", says Andreas Glänzel, FMF Managing Director.

Read the full press release 👉 https://lnkd.in/eg83BndD

Our flagship #FSDC Career Festival is in full swing, we have collaborated with The University of Hong Kong's HKU iCube for the Lunch Career Talk series. In our latest session, we had the privilege of hosting a captivating talk featuring Mr Bojan Obradović, Chief Digital Officer of HSBC Hong Kong.

During this highly engaging session, Bojan guided us through the digital transformation of the banking industry and shared invaluable insights into his own career journey. He shed light on the game-changing potential of Web3 and Digital Currency in banking and underscored the significance of emotional intelligence (EQ), especially for students navigating the rapid advancements in AI technology.

Having Bojan as our speaker was an absolute honor, and we're thrilled to provide students with such exceptional opportunities. Stay tuned for more updates from our #FSDC Career Festival!

#Finance #banking #FSDCCareerFestival #FinanceFuture #fsdc #StudentEmpowerment #FutureLeaders #fsdchk #fsdchongkong

Financial Services and the Treasury Bureau (FSTB)

Last week we published groundbreaking research on the key issues, challenges and opportunities faced by next generation family business leaders in Saudi Arabia, produced jointly with Pearl Initiative, Alfaisal Corporate Governance Center and the National Center for Family Businesses in Saudi Arabia.

The aim of the study is to deepen the understanding of the attitudes of family business leaders in the Kingdom of Saudi Arabia, and to drill down into the challenges and opportunities presented to them because of the considerable impending transfer of both wealth and responsibility, in the context of future sustainable prosperity for the Kingdom and its ambitions.

Jersey has a long history of working with Saudi families, family businesses, companies and their on-the ground advisers in the Gulf region; and our ability to provide stability, certainty, high levels of governance and superior service, including Islamic finance capabilities, has positioned us strongly as a partner to investors and families in the region.

Our hope is that this study will support even greater understanding of how we, and the entire ecosystem of intermediaries, fiduciaries, and other advisers, whether in the Kingdom, in the region or globally, can support the ambitions of this new, next generation of wealth leaders, and enable them to realise both their potential and that of the Kingdom of Saudi Arabia.

Discover more: https://jsy.fi/49JpHwS

#saudiarabia #jerseyfinance #familybusiness #nextgen

Our Legal Team recently organized a public lecture for law students at the Institute of Legal Practice and Development (ILPD) to enhance their understanding and knowledge of the legal reforms under the Kigali International Financial Centre.

Join our "Focus On 2024" livestream where we delve into the coming year with a stellar cast of speakers who will shed light on a variety of financial and economic issues that are likely to impact financial services.

Register here: https://bit.ly/40Im9GX

#LFF2024 #finance #livestream #2024 #financialservices

Join us on December 7 at Station F for #Finnov', a key event in innovative finance organized by Finance Innovation.

On the program:

🗣 Round tables and keynotes led by qualified experts to reveal the latest changes in the sector.

🤝 A village of stands for networking galore with participants

🏆 An awards ceremony to announce the Fintech of the Year 2023

🥂 A closing cocktail reception

Reserve your place 👉🏻https://lnkd.in/eWaWdFsA

#QFC proudly sponsored the ninth edition of the ROWAD Entrepreneurship Award & Conference where Aditya Kumar Sinha, our Head of Fintech and #Digital #Innovation, shared key insights in his presentation on the Digital Assets Lab. 🤝

This flagship event took on an expanded regional significance by hosting the 3rd #GCC Entrepreneurship Forum. #Doha welcomed Ministerial representatives from the GCC, along with prominent entrepreneurial figures, experts, and startups & #SMEs from five neighbouring Gulf countries.

🔗To learn more about the digital assets lab, visit: https://lnkd.in/ddNQ7EsN

Hello Young Corporate Community! Discover @Fintogether in the latest podcast episode!

In this episode, Kati Nayeri and Dr. Philipp Veit from fintogether accelerator - Beyond finance, building future. talk about how they support start-ups in the finance, insurance and real estate industry. Take a moment, sit back and be inspired by their exciting insights!

Flick Gocke Schaumburg

Good morning from Manchester! Getting ready for our 2023 National Conference to kick off, sponsored by PwC UK and interactive investor. We’ve got a great line-up speakers across the day. If you’re not joining us in person, tune in live on our website.

https://lnkd.in/eVCd4eDn