Financial Center News / 29 July 2024
WAIFC
? It’s time to read our July 2024 Newsletter, packed with significant updates and insights:
?? VOICES: Interview with Henk Jan Hoogendoorn, Chief of Financial Services Qatar Financial Centre (QFC) Authority
He discusses the new MoU with Financial Services Development Council and the launch of the QFC's Digital Assets Lab, driving innovation in Qatar's fintech strategy.
?? EVENTS:
- WAIFC Annual General Meeting in Tokyo this October, hosted by our member FinCity.Tokyo (東京国際金融機構)
- Inclusive Fintech Forum 2024 in Kigali, Rwanda, August 26-28 by our member Kigali International Financial Centre
- Astana Finance Days 2024 in Kazakhstan, September 5-6 by our member AIFC (Astana International Financial Centre)
?? NEWS FROM OUR MEMBERS
- GCC Smart Investor Award 2024 honors 36 winners.
- Qatar Financial Centre (QFC) Authority and Masraf Al Rayan sign MoU to boost fintech in Qatar.
- ADGM and Bermuda Monetary Authority enhance digital assets cooperation.
?? HIGHLIGHTS:
- Rwanda and Luxembourg launch a €9 million project for Kigali International Financial Centre.
- Paris Europlace publishes a Shareholder Dialogue Guide.
??Read the newsletter and subscribe for free: https://lnkd.in/eJ-B2kCW
ADGM
ADGM strengthens its commitment to transparency and market integrity with the publication of its comprehensive whistleblowing framework, a coordinated initiative to?sustain accountability within the center, fostering a culture of trust and investor confidence in ADGM's progressive business environment.
Learn more here: ?? https://lnkd.in/d-HYYSeq
#ADGM #Whistleblowing #Transparency #MarketIntegrity #Accountability #InvestorConfidence #BusinessEnvironment #ADGMInitiatives #TrustBuilding #CorporateGovernance #ProgressiveBusiness #ADGMCommitment #MarketTrust #BusinessTransparency
Astana International Financial Centre?(AIFC)
Takaful business in the AIFC
?? We’re back with our latest guide focusing on Takaful business in the AIFC. This license provides the flexibility to enter into Takaful (insurance) contracts, covering a wide range of risks for diverse customers across industries.
?? Learn more by downloading our comprehensive guide. For further information, reach out to Madina Tukulova, Head of Islamic Finance, at [email protected]. Follow us for more insights on Islamic finance licenses in the AIFC!
Busan Finance Center?(BFC)
Greetings from Busan Finance Center ??
Today, the inaugural BFC concert, in collaboration with BIFC, was finally held! ?? The performance was led by the Busan Philharmonic Orchestra, featuring violin, viola, cello, and oboe. The program included Love's Greeting, Tango, Oblivion, Gabriel's Oboe, Donau Wallen Walzer, Pine Tree, Over the Waves, and the Scent of a Woman OST. Thanks to the increased interest and attendance compared to the pilot concert, it became a truly enriching BFC concert.
? The BFC concerts will continue with diverse programs every Thursday until September 19th, from 12:15 PM to 12:45 PM (KST). We appreciate your continued interest and support! ??
Casablanca Finance City?(CFC)
?? Discover WafR, a platform that enables small Moroccan merchants to sell phone recharges from all operators using a single balance, while maintaining wholesale prices and increasing profitability. ? Wafr's journey has been significantly enhanced by their participation in the Africa Innovation Lab, a fintech acceleration program launched by the Casablanca Finance City Authority in partnership with the Région Casablanca - Settat. ?
The Africa Innovation Lab has been essential to Wafr's success by providing access to personalized coaching sessions, crucial financial support for the startup's growth, and facilitating connections with other startups to expand their professional network and foster collaborations.
Join the community and stay tuned! Form link : https://lnkd.in/diWxyMfu
More startup success stories coming soon!
Ismail Bargach #Wafr #AfricaInnovationLab #Entrepreneurship #Innovation #MoroccanTech #ImpactInvesting
Dubai International Financial Centre?(DIFC)
Discover why #Dubai's #DIFC is attracting unprecedented numbers of hedge funds in an interview with Salmaan Jaffery, Chief Business Development Officer at DIFC. ?
With over 72,000 #UHNWIs, Dubai’s wealth concentration is unmatched. World-class regulatory standards, a robust legal framework, and a vibrant lifestyle make it the ideal platform for talent and business growth. Join the leading hub for hedge funds in the #MEASA region.
Discover more: https://lnkd.in/d7Vdq6wm
Economic Development Board Mauritius?(EDB)
With its advantageous location in the Indian Ocean, Mauritius serves as an easy entry point to both Asia and Africa. Its proximity to important rising markets in Africa presents logistical benefits for companies wishing to increase their presence on the continent.
With its low tax rate, numerous double taxation agreements, and incentives for foreign investors, Mauritius provides a favorable business climate for international investors. These elements facilitate company establishment and operation, attracting foreign direct investment (FDI).
Offering a well-regulated financial services industry with proficiency in banking, insurance, asset management, and capital markets, Mauritius is acknowledged as a premier financial hub in Africa. The flow of investments into and out of Africa is supported by this infrastructure. The country provides access to regional markets through various trade agreements and economic partnerships. It serves as a platform for companies to access the broader African market of over a billion consumers and growing middle class. ?
Africa presents diverse opportunities across sectors such as agriculture, manufacturing, energy, infrastructure, telecommunications, and financial services. Mauritius offers expertise and a supportive environment for businesses looking to capitalize on these sectors.
??Learn more about the Mauritius Africa Strategy: https://lnkd.in/gyHEtdgK
#edbmauritiusMauritius #Africa #investment #financialservices #tradeagreements #economicpartnerships #businessdevelopment
EnterpriseNGR
Chapel Hill Denham is excited to have contributed to the State of Enterprise (SOE) 2024 Report. The report which will be released by EnterpriseNGR will provide invaluable insights into the financial and professional services sector, highlighting its achievements and contributions to Nigeria's economy.
Updates to come. ?
FinanceMalta
With more than 200 delegates in attendance, the Sunset Soirée – FinanceMalta Members' gathering, sponsored by Calamatta Cuschieri and Moneybase, was a standout event for 2024.
Catch a 2-minute recap of the evening and explore our new microsite for the 17th Annual FinanceMalta Conference. Book your tickets now, discover the latest speakers, and check out the full agenda!
Book your early bird tickets today ?? https://lnkd.in/gi_Bat8t
The FinanceMalta 17th Annual Conference is Sponsored by: Moneybase/Calamatta Cuschieri, Dominion , Croftz Limited, AQA Capital Ltd, Bank of Valletta plc, Finco Trust Services Limited, Dolfin Europe, Mastercard, Mediterrania Capital Partners, Malta Stock Exchange plc, Systemic, 21Shares, Atlas Insurance, Epic Malta, Ganado Advocates, FACT, Malta Enterprise, Forvis Mazars in Malta, RS2 , PwC Malta, Cascade, Gamma Capital Markets, Malta Business School, Alter Domus, TalentBet: iGaming & Fintech Recruitment Experts!, Avenue 77, Antes Insurance Brokers, BNF Bank p.l.c., Finance Incorporated Limited, and Kyrrex. #FinancialServices #FM17AC
Financial Services Authority Oman (FSA)
The Financial Services Authority (FSA) celebrated the conclusion of the “Financial Explorer 3” summer program for school students, which was organized by the College of Banking and Financial Studies under the patronage of? Dr. Abdullah Khamis Ambusaidi, Undersecretary of the Ministry of Education for Education on Wednesday, July 10, 2024 ?as the FSA ?contributed to supporting the program during the period from June 30 to July 10, 2024 for students transferring to the seventh to twelfth grades in the presence of Ahmed ?Ali Al Maamari, Vice President of the FSA, Dean of the College, Dr. Zahran ?Salem Al-Salti, college employees and participating students and parents in addition to representatives of the institutions supporting the program such Bank Sohar International and Khaznah project of the Ministry of Education.
FinCity.Tokyo
Network between overseas startups that have expanded into Japan and domestic companies & 1-on-1 event. Tokyo Innovation Base will be held on July 31. Five companies operating in Tokyo took the stage. Introduction of the first company.
Registration: https://lnkd.in/gCeW46VM
Frankfurt Main Finance?(FMF)
?? First "Capital Markets Conference on Energy Transition for Germany": Successful dialogue to expand the energy infrastructure in Germany
On 9 July 2024, the first investor conference of the KfW and Deutsche Bank took place in #Frankfurt, with more than 180 high-ranking representatives from the financial and energy sectors as well as politics. The aim was to discuss investment opportunities in the German energy sector and to promote dialogue between institutional investors, energy companies, and politicians.
Federal Minister of Economics Robert Habeck used the event to emphasize the importance of a climate-neutral energy supply by 2045. Stefan Wintels, Chairman of the Executive Board of KfW, and Christian Sewing, Chief Executive Officer of Deutsche Bank, also underlined the importance of a strong capital market for the financing of the #Energiewende. ?
?? The press release can be found here: https://frankfurt-main-finance.com/en/kfw-deutsche-bank-cmcet/
Future Finance Poland
领英推荐
? The Future Finance Poland initiative is dedicated to promoting the sustainable development of businesses. As part of this commitment, we are proud to announce our patronage and involvement in the upcoming Greenpact - European ESG Summit
?? The GREENPACT European ESG Summit aims to facilitate meaningful discussions and inspire tangible actions for a sustainable future for both society and the environment. The event will bring together business representatives, investors, social activists, scientists, and government officials. The summit will feature approximately 200 Polish and international speakers. The agenda for the summit will focus on important issues such as effective pollution management, promoting equality, safeguarding whistleblower protection, and addressing migration within the Polish policy framework in the face of global challenges. Join us on October 29-30, 2024!
Read more: ?? https://greenpact.pl/en
Hong Kong Financial Services Development Council?(FSDC)
The "Press Briefing of the #FSDC Annual Report 2023-24" was successfully held today. Our heartfelt gratitude goes out to the media and our Chairman, Vice Chairmen, and Executive Director for their tremendous support!
Mr Laurence Li SC, FSDC Chairman Dr King Au, FSDC Executive Director Mr Andrew Weir, FSDC Vice Chairman Mr Daniel Fung, FSDC Vice Chairman Ms Ding Chen, FSDC Vice Chairwoman
Annual Report: https://lnkd.in/gDZmxvDb ?
At a Glance: https://lnkd.in/g32cxGQW ?
Press Release: https://lnkd.in/gZ7WmCyW ?
#financialservices #pressrelease #annualreport #research #promotion #talent #fsdchk #fsdchongkong Financial Services and the Treasury Bureau (FSTB)
Jersey Finance
In a world of rapid financial transformation, Jersey’s international finance center (IFC) stands firm in its commitment to stability. Our CEO, Joe Moynihan, shares insights on why maintaining a stable financial environment is crucial for long-term success. By combining foresight with a strong foundation, our IFC is positioned to navigate the future with confidence.
Explore Joe's perspective on the importance of stability in his latest blog: https://jsy.fi/4bPOz60
Kigali International Financial Centre?(KIFC)
Exciting update! Ravi Menon, Ambassador for Climate Action and Senior Adviser to the National Climate Change Secretariat,?Singapore, will be speaking at the Inclusive FinTech Forum this August in Kigali, Rwanda.
Register now?? https://lnkd.in/d3FtF2up
Luxembourg for Finance?(LFF)
???Join us for our upcoming livestream "Focus on Cross-border Investments" and hear insights from Jillien Flores, EVP and Head of Global Government Affairs at the MFA - Managed Funds Association. Jillien will discuss the future pathways for international investors in the EU, offering valuable insights into emerging opportunities and challenges for cross-border investments.
Register: bit.ly/3WnRsWY
Paris EUROPLACE
[Call for applications] | InfraNextGen is back, it's time to apply for the Young Infrastructure Professional Awards! ?? ?
?? Have you contributed to the construction of a large-scale infrastructure? Do you want to highlight your work, your expertise and that of the people who took part in the project?
Candidate here ??: https://lnkd.in/eCCb4F3s ?
?? Would you like to highlight one of your colleagues? You can nominate him! ?? https://lnkd.in/ePSr-K4g ?
All the conditions of participation below! ? #ParisInfraWeek
Qatar Financial Centre?(QFC)
QFC's legal system is based on the English Common Law - what does that mean? Roscoe Banks & Michael Dalby are here to explain!
???????? Our Associate General Counsel and Legal Manager explain the legal benefits of registering with QFC. What other legal topics would you like to learn about? Let us know below! ??
Stuttgart Financial
General Assembly of Startup Stuttgart
?? This week we got together at Stuttgart Financial. A big thank you goes to Dr. Philipp Veit, who generously made the premises available to us!
On this occasion, the members were given comprehensive insights into the association work of our board members Anja Schr?der, Johannes Ellenberg and Tobias Sick. We got a first taste of upcoming highlights, such as our #Gründerwasen. It will celebrate its premiere in autumn! Look forward to the entrepreneurial spirit in a relaxed Wasn atmosphere right in the heart of Stuttgart. We thank you for the active participation and look forward to the next general meeting!
Michael Krueger Konstantin Hristozov Andreas Chatzis Tim Rieger ?? Tim Rühle Ann-Sophie Golder Christian Dittrich Thomas Gaiser Bettina Banaj Helmut Leibner Birgit Tantner Jan-Paul Buchwald Michael Heimrich Daniela Gorka Nils Hoegsdal Wirtschaftsf?rderung Region Stuttgart GmbH (WRS) Innovationsmetropole NEW Stuttgart
Photographer: Dominik Krau?
TheCityUK
We are delighted to announce the new cohort of our Next Generation Leadership Council (NGLC):
- Alex Guerin, Marsh
- Amit Thaker, EY
- Charlotte M., BNY
Our NGLC is made up of the industry’s future leaders who provide fresh perspectives, ideas and constructive challenge to the work we do on behalf of the industry. We look forward to working with them. More details here: https://lnkd.in/eKE8Ryb6
About me:
Managing Director of the World Alliance of International Financial Centers
Managing Partner of FinTech Consult, a network of FinTech experts in Asia, Europe, and Africa supporting FinTechs in expanding globally
Non-Executive Director of Eastnets, a global provider of compliance and payment solutions for the financial services sector
Expert at the Sino-German Center for Finance and Economics in Frankfurt
Fellow of the Think Tank of the Asian Financial Cooperation Association
Founding Board Member of the International Digital Economies Association
Mentor at Cyberport in Hong Kong, OneEleven in Toronto, the Plug and Play Tech Center, the Accelerator Frankfurt, and 1000 Black Voices
Advisory Board member of a number of FinTech companies
About the WAIFC:
The?World Alliance of International Financial Centers?(WAIFC) is a non-profit association registered in Belgium that represents?25 leading international financial centers globally.
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.