Financial Center News / 23 October 2023
WAIFC
#WAIFC?Leaders Converge in New York: Preparing for AGM 2023
Today marks a momentous occasion as the foremost leaders from 29 of the world's most eminent international financial centers gather in New York under the banner of?#WAIFC. Our mission? To pave the way for the pivotal AGM 2023. Our discussions will revolve around cornerstone projects in finance including: - Women in Finance ?? - Championing Sustainable Finance ?? - Pioneering Fintech Initiatives ??? - Enhancing SME Financing ?? - Delving into the Role of International Financial Centers ?? - And exploring the intriguing nexus between Art and Finance ?? Join us as we embark on shaping the future of finance, ensuring it is innovative, inclusive, and impactful.
Keiichi Aritomo, Chair WAIFC, Executive Director FinCity.Tokyo (東京国際金融機構) -?Lamia MERZOUKI, Vice Chair WAIFC, Deputy General Manager?Casablanca Finance City -?Nicolas Mackel, WAIFC board member, CEO?Luxembourg for Finance -?Hubertus V?th,?Frankfurt Main Finance -?Nicola Watkinson (she/her),?TheCityUK -?Joe Moynihan,?Jersey Finance -?King Au,?Financial Services Development Council -?Nick Barigye,?Kigali International Financial Centre -?Alya Al Zarouni,?DIFC -?Obi Ibekwe,?EnterpriseNGR -?Yousuf Al-Jaida,?Qatar Financial Centre (QFC) Authority - Myongho Rhee,?Busan Finance Center -?Philippe Richard.?Abu Dhabi Global Market (ADGM) -?Timur Onzhanov,?AIFC (Astana International Financial Centre) -?Ivan Grech,?FinanceMalta -?Abdullah Alrabiei (BSc, MBA, CMgr MCMI),?Capital Market Authority -?Arnaud de Bresson,?Paris Europlace -?Ken Poonoosamy,?Economic Development Board Mauritius #WAIFC?#AGM2023?#FinanceLeaders?#NewYork?#GlobalFinance
Last night, we were privileged to host the?#WAIFC?Annual General Meeting's opening reception at the Luxembourg House, the Grand Duchy's Consulate in New York, dedicated to its mission to the United Nations. The historic Luxembourg House ???? offered not only a professional atmosphere but also a distinct flavor of home hospitality, providing an ideal setting for our gathering.
A heartfelt thank you to our?#WAIFC?board member and CEO of?Luxembourg for Finance,?Nicolas Mackel,?and HE?Paul Steinmetz, Luxembourg Consul General, for facilitating this incredible venue in collaboration with his government. Your unwavering commitment to the cause never ceases to inspire us. The crowning moment of the evening was, without a doubt, celebrating the 5th successful year of?#WAIFC. It was heartwarming to see familiar faces and to welcome new ones to this milestone event. Our Chairman?Keiichi Aritomo?and Vice Chair?Lamia MERZOUKI?delivered a speech on the?#WAIFC’s 5th anniversary and emphasized their commitment to ensuring that the?#WAIFC?continues its efforts.
We would like also to thank?Jochen Biedermann?and?Thomas Krantz?for their efforts in setting up and organizing this high-quality agenda for our members.
The?World Alliance of International Financial Centers (WAIFC)?announced at its AGM in New York the addition of three distinguished members to our Board of Directors:
-?Obi Ibekwe,?EnterpriseNGR?(Lagos, Africa)
-?Joe Moynihan,?Jersey Finance?(Jersey, Europe)
- Myongho Rhee,?Busan Finance Center?(Busan, Asia)
Our Vice Chair?Lamia MERZOUKI?welcomed the new WAIFC board members to sign and officially assume their new roles. ?? Info:?https://lnkd.in/ekShb4zZ
Our members are meeting with our Observer,?the City of Boston?to understand what the city government does in support of the large financial services segment in its jurisdiction, and to think together about how?#WAIFC?might interact.
Our Chairman?Keiichi Aritomo, our Vice Chair?Lamia MERZOUKI,?and our Managing Director?Jochen Biedermann?ensured availability for any interest from the?City of Boston?to collaborate with members of the?#WAIFC, an international network spanning five continents. We would like to thank?the City of Boston?for hosting?us.
Abu Dhabi Global Market?(ADGM)
ADGM , in collaboration with?COP28 UAE,?International Renewable Energy Agency (IRENA),?and?UN Climate Change, unveils the key takeaways from the Second Global Dialogue event, with COP28 at the forefront of discussions. The event explores the critical issue of accelerating a just?#energy?transition in transport systems and covers a wide range of?#financial?and?#technological?solutions and challenges.
Astana International Financial Centre?(AIFC)
AIFC (Astana International Financial Centre) , Regional Office of Green Investment Principles for the Belt and Road (GIP) in Central Asia and Eurasian Development Bank invites banks and finance professionals to the workshop “ESG risk integration and sustainability disclosure in banks” at 10:00-13:00 on October 24, 2023. This event offers an ideal platform to exchange regional experiences on ESG and climate risk integration and to share the of approaches to sustainability disclosure in banks, showcasing available carbon accounting methodologies and other options for disclosure. This workshop will:
The workshop is free of charge and will be conducted in English-Russian with simultaneous translation. To join the event, please follow the link:?https://lnkd.in/eSS2qG2Y
Busan Finance Center?(BFC)
Capital Market Authority Oman (CMA)
Casablanca Finance City?(CFC)
We're back with our weekly CFC Africa News update.
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
Dubai International Financial Centre?(DIFC)
#DIFC?hosted an event on “Capitalizing on Uncertainty: How family businesses can navigate a volatile market environment”. The event brought together prominent regional and international family enterprises, investment experts, wealth advisors, and industry leaders to deliberate on investment strategies aimed at safeguarding, nurturing, and augmenting the financial assets of family businesses.
Here are some key learnings from the event:
??Embrace Change: Successful family businesses understand the importance of adaptability. They actively seek opportunities within uncertainty and are not afraid to pivot their strategies when needed. ?
??Risk Mitigation: Implementing a robust risk management framework is key for family businesses to navigate volatile markets. Identifying potential risks early on and developing contingency plans are crucial for long-term success. ?
??Innovation, diversification, and asset allocation: Thriving in uncertain times requires creativity and innovation as well as discipline. Exploring new revenue streams, diversifying investments, and product offerings, and leveraging technology to stay ahead of the curve. ?
??Knowledge, Education, Network, and Partnerships: Building strong networks and partnerships can provide family businesses with valuable resources, knowledge, and support. Collaborating with industry peers and experts enhances resilience and fosters growth. ?
??Strategic Planning & Structuring: Developing a well-defined strategic plan is vital for family businesses operating in volatile markets. This includes setting clear goals, appropriate structures, regularly evaluating performance, and adjusting strategies to seize emerging opportunities.
Thank you to our experts Khadija Ali,?Jacques John Visser,?David Hayers,?Robert Willock, Amr Al Sayed, Adil Khan,?Ali Taqi, CFA,?Ismael Hajjar,?and?Yann Mrazek?for sharing their insights and actionable approaches to capitalize on uncertainty within a volatile market environment.
EDB Mauritius?(EDB)
EnterpriseNGR
FinanceMalta
Between the 8th and 9th of November 2023,?FinanceMalta?will be exhibiting during the European Captive Forum in Luxembourg. Four FinanceMalta members will join the delegation to the?#ECF2023:?Atlas Insurance,?Bee Insurance Management Ltd,?Ganado Advocates, and?MAMO TCV Advocates.
Visit our booth number 402 and engage in insightful conversations with our?#members. #FinancialServices?#Insurance
领英推荐
FinCity.Tokyo
After the introduction of?Yuriko Koike, Governor of Tokyo, Chairman of?FinCity.Tokyo (東京国際金融機構),?stated at the?#FincityTokyo?Global Forum in NYC: ??The transition to carbon neutrality has activated the Japanese market??. ??https://lnkd.in/eqsKXmCb
Frankfurt Main Finance?(FMF)
The autumn vacations are just around the corner, and #Frankfurt has plenty of exciting activities on offer for young and old.
?? No matter if sports, culture, art, or adventure, we have collected the most exciting activities for you in one article. ??
Hong Kong Financial Services Development Council?(FSDC)
Financial Services Development Council's collaboration with?HKUST MBA?on 13 October was a resounding success!
Our esteemed speakers delved into the future of finance and innovation, illuminating various facets. Beyond their invaluable insights, this event also offered a fantastic opportunity to connect industry experts with the students. We extend our gratitude to?The Chinese Financial Association of Hong Kong?for their venue support. Our distinguished speakers shared their thoughts on Innovation in Financial Services and its career implications, explored the talent market in Hong Kong and China, and discussed career transitions in Fintech, all while engaging in a dynamic Q&A session. Stay tuned for more insights!
Speakers:
Moderator: Mr?Benno Jaeggi, Consultant, Banking and Markets and Fintech Practices, Egon Zehnder ? #Innovation?#Finance?#Technology?#FSDCCareerFestival?#FinanceFuture?#fsdc?#StudentEmpowerment?#FutureLeaders?#fsdchk?#fsdchongkong Financial Services and the Treasury Bureau (FSTB)
Jersey Finance
All attendees are now enjoying a networking reception, ending our 2023?#SustainableFinanceAwards?ceremony. Look out for the official photos on our Flickr account in the coming days. Thanks again to our Co-sponsors,?BNP Paribas,?KPMG in the Crown Dependencies?and?PwC Channel Islands, and to?Durrell Wildlife Conservation Trust?for hosting us. Thank you to everyone who took part and congratulations to all of tonight's winners!?#Jersey?#SustainableFinanceAwards?
Kigali International Financial Centre?(KIFC)
Luxembourg for Finance?(LFF)
During our Focus on Talent livestream, experts from?Baloise LU,?Linklaters?London &?KPMG Luxembourg?discussed how companies are adapting operations to attract and retain talent, highlighting the importance of putting employees at the core of the business and fostering a positive environment. ?
Watch the full replay here:?bit.ly/3DY3RXX ? #LFFTalent?#livestream?#finance?#talent?#career?#Luxembourg
Paris EUROPLACE
Register for the event organized with our Finance Innovation?cluster on "Market outlook: real estate and fund liquidity"
? face-to-face registration: https://lnkd.in/eaZaekAF
? digital registration: https://lnkd.in/eeqv8suH Beatrice Guedj?Matthew Green?Olivier Vigna?José BAEZ
Qatar Financial Centre?(QFC)
We are thrilled to announce our Memorandum of Understanding (MOU) with the?Asian Institute of Digital Finance?(AIDF), a prestigious research institute affiliated with the?National University of Singapore?(NUS). This significant collaboration is poised to ignite a transformative era of innovation and sustainable development.
Within the framework of this MOU, the?#QFCA?and?#AIDF?will jointly pinpoint areas of mutual interest and strategic significance. Working hand in hand, they will embark on a diverse range of projects spanning?#ESG,?#FinTech,?#DigitalAssets, Web 3.0, and other emerging technologies. In addition to these endeavors, both partners are committed to actively fostering the exchange of knowledge and insights, thus reinforcing their shared vision and objectives. For more:?https://lnkd.in/dGmPfbdw
Stuttgart Financial
TheCityUK
We are pleased to be supporters of the 'London Sukuk Summit 2023' taking place on 1-2 November at The Institute of Directors. ? This summit is a great opportunity for knowledge exchange and strategic discussions on the theme of 'the future of Sukuk innovation through ESG and green Sukuks and the mitigation of risks against the backdrop of volatile markets.' ?
?? Register here:?https://lnkd.in/esXX8FVA #SukukSummit?#ESG
About the WAIFC:
The?World Alliance of International Financial Centers?(WAIFC) is a non-profit association registered in Belgium, representing?29 leading international financial centers on five continents.
WAIFC members are city governments, associations, and similar institutions developing and promoting their financial centers.
WAIFC facilitates cooperation between its members, the exchange of best practices, and communication with the general public.
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