Financial Center News #27

Graziella Grech DLJ MBA (Henley) CertFinTech (ACCA), newly appointed COO of FinanceMalta, shared with us her focus is on fostering global partnerships and aligning with WAIFC’s pillars of sustainable finance, innovation, and human capital for Malta’s continuous development in the international financial landscape.

📲Read the full interview: https://lnkd.in/eY9tXP5u

🎥 Our Journey to #COP28 with our #WAIFC members 🌳

We are thrilled to share with you our after-movie to showcase our commitment to the COP28 UAE. We would like to thank our partner, the Global Ethical Finance Initiative (GEFI), and our members, DIFC and TheCityUK.

#COP28 #Sustainability #ClimateAction #WAIFC

▶️ #WAIFC Newsletter is out - December 2023

🗣️ Voices: - Graziella Grech DLJ MBA (Henley) CertFinTech (ACCA), new COO of FinanceMalta, discusses Malta’s resilience amid #EU financial regulations and competition. Her focus: fostering global partnerships and aligning with WAIFC’s sustainable finance, innovation, and human capital pillars.

🔍 Opinions: - Thomas Krantz, Advisor to the Managing Director, stresses the need for financial center leaders to engage in tax rate discussions amid fiscal imbalances.

🤝 News from Members: - Economic Development Board Mauritius highlights investment opportunities at AGOA Exhibition. - AIFC (Astana International Financial Centre) declared the financial center of the Turkic world. - DIFC announces USD1mn FinTech World Cup. - Capital Market Authority launches ‘Customer Protection Statistics’ service. - The Hong Kong Academy for Wealth Legacy established for family office excellence. - Stuttgart Financial explores AI’s role in finance at Insurance Day. - Frankfurt Main Finance and Chengdu sign joint MOU.

📅 Upcoming Events: - Luxembourg for Finance’s “Focus On Global Competitiveness” - January 23, 2024. - Asian Financial Forum 2024 - January 24-25, 2024. - Future Skills Conference 2024 - March 5, 2024. - Dubai FinTech Summit 2024 - May 6-7, 2024.

📲 Read the newsletter and subscribe for free: https://lnkd.in/em2TFfPT

Abu Dhabi Finance Week 2023 achieved monumental success, attracting over 18,000 attendees who actively participated in crucial discussions covering this year’s theme, ‘Investing in the Transition Era.’

This success underscores ADFW’s pivotal role as a global hub for insightful dialogue and strategic partnerships, with 14 top-tier financial firms setting up operations in ADGM and 25 MoUs signed, reinforcing ADGM’s position as the leading financial center in the MENA region and its commitment to fostering a sustainable global economy.

Over 180 insightful sessions with 300+ speakers were held to delve into pivotal economic, technological, and sustainability shifts that impact the global landscape.

You can watch them all on demand here: 🔗 https://lnkd.in/dSu4H4jJ

#ADGM #ADFW #CapitalofCapital #FalconEconomy #sustainability #Economic #Technology

Casablanca Finance City strengthens its role as a facilitator of Doing Business for the benefit of CFC member companies by signing a Data-Tika agreement with the Commission Nationale de Contrôle de la Protection des données à Caractère Personnel (CNDP), with the aim of facilitating the compliance of member companies of the CFC community with Law No. 09-08.

The signing of this agreement was organized on the sidelines of a conference on the theme “Data Protection: A Challenge for Investment Attraction and Doing Business,” which brought together several members of the #CFC ecosystem.

#CFCLeadershipSeries #CNDP #DataTika

Navigating the ‘Great Resignation’ wave and unlocking new opportunities. The world of work is evolving, and professionals are reimagining their careers in response to the post-pandemic landscape. From re-evaluating career paths to embracing flexibility and well-being, the journey continues.

Discover how financial institutions are reshaping the future of work, attracting talent, and promoting upward mobility. Join the conversation on the changing world of work!

Read more: https://lnkd.in/ddF6H4HN

#DIFC #Refinitiv #DIFCXRefinitiv #Talent

Mauritius is seen as a model of stability and economic prosperity in the region and plays a strategic role on the premise of its geopolitical situation as it serves as a hinge between the Southern and Eastern parts of Africa on the one side and Asia on the other.

Leveraging the network of agreements signed recently, namely CECPA with India and FTA with China, Mauritius is ideally positioned to be the business platform linking Asia to Africa!

🌐 Mauritius: The ideal business and investment hub for Africa: https://lnkd.in/gyHEtdgK

📞 +230 2023800 | 📨 contact@edbmauritius.org

#edbmauritius #bilateralrelations #africabusiness

We are wishing you joy and warmth this Christmas season! Merry Christmas from all of us at EnterpriseNGR 🎄

#merrychristmas #yuletide #nigeria #enterprisengr #fps

Over the past decade, Zampa Debattista has gone from offering indirect taxation and financial reporting to a whole suite of business advisory services. VAT Leader Brandon Gatt traces this remarkable journey.

Read the interview 👉 https://shorturl.at/nHOR9

#FinancialServices

FinCity.Tokyo (東京国際金融機構) is encouraged by the wide-ranging approach being taken by Japan’s Financial Services Agency (FSA) in supporting the country’s development as a center for the global asset management industry.

Last week, the FSA published a comprehensive package of policy proposals that incorporated many of FinCity.Tokyo (東京国際金融機構)’s flagship policy recommendations, including launching an Emerging Managers Program to bring innovative investment strategies and growth capital to Japanese markets, the abolition of Japan-only business conventions, and a focus on the potential benefits of outsourcing.

We would like to thank our members from across the public, private, and academic sectors for their fruitful collaboration and cooperation in shaping FinCity.Tokyo (東京国際金融機構)’s policy recommendations. If you would like to learn more about FinCity.Tokyo (東京国際金融機構)’s recommendations and the FSA’s latest policy package, we have summarized the recent developments in an article below.

Casablanca, Montréal, Shanghai, Dubai, Berlin, London, New York – but most importantly, Frankfurt. As 2023 draws to an end, let me reflect on some highlights:

The year started in the heart of Europe at Eintracht Frankfurt. The third edition of Block im Park covered generative AI, blockchain, and the tokenization of traditional financial products.

With the German African Business Association, we were guests at Casablanca Finance City, where we jointly hosted a conference to strengthen business cooperation between the Eurozone and Africa on amongst others financing Hydrogen.

For International Sustainability Standards Board (ISSB), it was an impressive year: The Integrated Thinking & Reporting Conference was held in Frankfurt. Shortly after, the first two standards for sustainability reporting were published. With IFRS S1 & S2, there’s now a unified framework for detailing the impact of climate-related risks and opportunities on a company’s outlook. At COP 28, more than 400 organizations came forward in support of ISSB’s standards.

In June, at the 14th Lujiazui Forum in Shanghai, we laid the groundwork to be the partner for 2024. Stay tuned for June 19th & 20th 2024!

Together with the City of Frankfurt, we hosted this year’s reception in honor of European Insurance and Occupational Pensions Authority (EIOPA). We are proud to have EIOPA in Frankfurt.

Frankfurter Akademie für Finanzjournalismus hosted its third introductory seminar aimed at young female journalists about economics and finance. We supported Börsen-Zeitung’s Financial Centre Germany Initiative. We will only be successful if we join forces across Europe & across sectors.

With Green and Sustainable Finance Cluster Germany e.V. as our partner, we welcome Finance Montréal in Frankfurt en route to Cop 28. The COP28 UAE was eventful & successful.

Mainstreaming women’s financial inclusion is the need of the hour. I wish everybody a joyful Christmas & a good start into a prosperous 2024.

We are pleased to announce our latest report, “Hong Kong: Gateway to China and the World,” in collaboration with Oxford Metrica. This publication explores Hong Kong’s dynamic financial landscape on the #global stage.

The report highlights our city’s #resilience and #progress amidst challenges. Discover recent accomplishments, evaluate industry progress, and explore opportunities shaping Hong Kong’s future as a financial powerhouse.

Laurence Li SC, Chairman of #FSDC, emphasizes our commitment to growth despite global challenges. Dr Rory Knight, Chairman of Oxford Metrica, applauds Hong Kong’s remarkable development pace, a testament to its determination and adaptability.

Dive into key growth areas like #greenfinance, #assetmanagement, and #techinnovation that contribute to Hong Kong’s thriving success.

🌱 Download the full report here: https://lnkd.in/gRGNND3b

#FSDC #FSDCHK #finance #investment #GBA #globalconnections #hongkong #ifc

All of us at Jersey Finance would like to thank you for your support throughout 2023. Wishing you a peaceful and relaxing Christmas and New Year, and we look forward to working with you in 2024.

Don’t forget, you can create a website account with us to stay informed of our 2024 activities and news: https://jsy.fi/3GTj11P

📅 SAVE THE DATE

We are delighted to announce that the CFA Society East Africa Annual Investment Conference will be hosted in Rwanda for the first time on March 28, 2024. Watch this space for more details!

#InvestEastAfricaConf24

Law firms in Luxembourg’s financial center are seeing a growing number of requests relating to ELTIF investment products. The trend has picked up pace following recent European regulatory changes. ELTIF 2.0 steps in with revamped rules that better cater to investors’ and asset managers’ needs. The question that remains is what role this will play in opening up the EU’s capital markets.

In our new Portfolio article, we sat down with Olivia Moessner, partner at Elvinger Hoss Prussen, as well as Marc Meyers and Sebastiaan Hooghiemstra of Loyens & Loeff to discuss opportunities arising from the growth of ELTIF products.

Read the whole article: https://bit.ly/3v1NM1Y

#privateequity #investment #Luxembourg #finance #regulation #financialservices

Daniel Lam, the Regional Director of Middle East & Africa at the Hong Kong Trade Development Council, and Nassif Mahfoud, the Marketing Manager, paid a visit to #QFC!

In a meeting with our CEO, Yousuf Al-Jaida, and our Professional Services team, the participants engaged in fruitful discussions exploring avenues for collaboration. The focus was on highlighting the pivotal role of QFC as a proactive partner in fostering economic and investment cooperation between #Qatar and #HongKong. The conversation also delved into potential investment opportunities and current developments in Qatar.

This is a landmark agreement - one that can potentially set a standard for future financial services agreements between advanced economies.

Find out more here: https://lnkd.in/eDv4hnSe

#financialservices #internationalcooperation #TheCityUK

Please find the full text of the agreement here: https://www.gov.uk/government/publications/the-berne-financial-services-agreement