Financial Center News / 31 July 2023
Our board member Hubertus V?th highlighted a milestone: the International Organization of Securities Commissions - IOSCO 's endorsement of International Sustainability Standards Board (ISSB) ’ sustainability standards, IFRS S1 and IFRS S2, following a two-year review.
This endorsement promotes a global baseline for sustainable finance, aiding investors in better risk assessment. This is an important progress towards global sustainability reporting.
Abu Dhabi Global Market?(ADGM)
Why is now the time for the world to come together and have global regulations on crypto-assets? What are the challenges to this approach, and what more needs to be done by each stakeholder to make this possible? We sat down with Arushi Goel from the World Economic Forum , to discuss their published white paper on Pathways to Crypto-Asset Regulation.
Click on the link to access the full episode: https://lnkd.in/dr8zFYh7
EVs: in the world and in Kazakhstan, and their role in reducing greenhouse gas emissions
This analytical report describes the role of electric vehicles (hereinafter - EV) in reducing greenhouse gas emissions (hereinafter - GHG emissions) and air pollution, as well as the current state of the EVs market in the world and in Kazakhstan. The report aims to inform the public about the benefits of EVs compared to fossil-fuel vehicles, and to inform financial and other institutions about the possibilities of attracting investments through sustainable financial instruments, such as green bonds and loans, to finance the purchase of EVs and clean transport infrastructure.
Busan Finance Center?(BFC)
2023 BIFC Maritime Finance Academy ended successfully
The completion ceremony of the 2023 Marine Finance Academy, operated by the Korea Maritime Promotion Agency, was held on July 26th in Central Busan.
Lectures and experiences of experts, academics, and practitioners with practical experience in maritime finance will be provided.
The Academy aims to create a center of excellence for maritime finance by helping to understand the trends, structure, and ecosystem of maritime finance. The Academy is designed to create a foundation for a maritime finance center by fostering talent for maritime financing.
Casablanca Finance City?(CFC)
The CFC Africa News of the Week is now available.
You will find business news, "hear it from the expert" on hot topics, and many other updates.
Click here for more details:?https://lnkd.in/dWb7DNB6
DIFC Innovation Hub launches the 9th Edition of #FinTech Accelerator Program which serves as a catalyst for innovative FinTech start-ups and scale-ups as they set out to revolutionize the financial services landscape.
The 9th edition of the FinTech Accelerator Program will focus on open banking and #AI, automation, innovative payment solutions, hyper-personalization, and customer experience, to enhance financial literacy.
A total of 20 start-ups will be onboarded this year and will gain invaluable access to some of the region's leading banks and insurance companies.
EDB Mauritius?(EDB)
Strengthening Economic Development: Tripartite Partnership between AFD, Business France, and EDB
A tripartite partnership agreement was signed in Ebène on Thursday, July 20th, between the French Development Agency ( AFD - Agence Fran?aise de Développement ), Business France , and the Economic Development Board Mauritius (EDB). The signing ceremony was attended by the Honorable Renganaden Padayachy , Minister of Finance, Economic Planning, and Development, and the French Ambassador to Mauritius, Mrs. Florence Caussé-Tissier . The main objective of this partnership is to facilitate knowledge sharing, enhancing the capabilities of institutions to promote responsible economic development in Mauritius.
FinanceMalta?is joining efforts with? 萬事達卡 to further empower the growth of Malta’s FinTech ecosystem! We are excited about this collaboration that will provide invaluable insights and knowledge to the stakeholders involved, to establish Malta as a FinTech Hub.
Register now at the FinanceMalta Annual Conference on September 13th, 2023, and find out more:?www.fmannualconference.org
By Naomi Takegoshi .
Transition bonds by Japanese carbon-intensive businesses such as JAL and MHI are winning traction from investors, including those from overseas. Financial institutions are playing a role in connecting demand for capital by companies to progress their transition plans to investors.
For banks, the energy transition is a new business opportunity. "Given Japan's industrial structure, with a relatively high share [for the] manufacturing industry, transition finance is an area Japan could take leadership in," said Masato Kikuchi, who works in sustainable solutions at SMBC Nikko Securities.
领英推荐
Frankfurt Main Finance?(FMF)
"It makes me proud to see how?World Alliance of International Financial Centers (WAIFC)?evolved. To work with this dedicated and passionate team is a privilege. I’m particularly happy to see the expansion of our global footprint and that we became a beacon of true?#diversity", said FMF Managing Director?Hubertus V?th?in his?#interview?with WAIFC.
The 香港金融发展局 successfully held the "Press Briefing for Release of #FSDC Annual Report 2022-23" today. We would like to thank the press and our speakers listed below for their great support!
Annual report: https://lnkd.in/gCGGmAju
At a glance: https://lnkd.in/gPA9CjVC
Press release: https://lnkd.in/g2_WfwdV
Joe Moynihan , CEO of Jersey Finance , explores the impact fintech will have on the future of Jersey’s finance industry.
Read the full blog on our website:?https://jsy.fi/3Nt1j8i
"Since 2010, financial inclusion has been a great focus for our community. Today, however, I would like to make the argument that it is time to move on from financial inclusion because it has not fulfilled its promise of helping the poor make their way out of poverty."
Iyinoluwa Aboyeji is a purpose-driven investor and entrepreneur focused on creating a prosperous African future. As the Founding Partner of Future Africa , an early-stage venture capital firm, he oversees a portfolio of 100+ companies valued at $6 billion. Prior to founding the Fund, he was the founding CEO of Flutterwave , a billion-dollar global payments platform, and Africa's most valuable startup.
Watch his full talk here - https://lnkd.in/gakZsH_s
Luxembourg for Finance?(LFF)
With its unique cross-border expertise, flexible legal framework, and investor-oriented partnership regimes,?#Luxembourg?has become a leading hub for alternative funds.
Watch our video to learn more: https://www.luxembourgforfinance.com/videos/luxembourg-theres-no-alternative/
Introduced by Financial Secretary, M. Chan Mo-po, Paul, and? Olivier BECHT , the?#ThinkBusinessThinkHongKong?of the? Hong Kong Trade Development Council will take place at the Carrousel du Louvre on 19 September 2023. It will be the occasion to meet, network and discuss potential collaborations around the challenges of innovation, sustainable finance, and smart city-living!
Inscription | Registration ??https://lnkd.in/eGr2d4aW.
Qatar Financial Centre?(QFC)
This year has been packed with fruitful partnerships - swipe left to learn more about our MoUs in 2023 so far!?
Stay up to date with important?#QFC?news via our media center:?https://lnkd.in/dfgtQeCs
It was a pleasure to welcome delegations from the UK and Singapore to our roundtable today in support of the 8th UK-Singapore Financial Dialogue, which will take place in London on Wednesday, 26 July. In partnership with the British High Commission in Singapore (UK in Singapore) we brought together sustainable finance experts from both countries to discuss the latest developments and policy priorities in sustainable finance and opportunities for international collaboration.?
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.