Financial Center News #10

Join our new Global Webinar Series on Generative AI in Financial Services #1, presented by the World Alliance of International Financial Centers (WAIFC) in partnership with NVIDIA. 🤝

🗓️ Date: September 26, 2023

👨‍🏫 Spotlight Speaker: Dr. Jochen Papenbrock, Head of Financial Technology EMEA, NVIDIA 👨‍🏫

Dr. Jochen Papenbrock is a thought leader in Financial Technology, and his role at NVIDIA places him at the forefront of AI-driven transformations in the financial sector.

With years of experience and in-depth knowledge, Dr. Jochen Papenbrock will elucidate the transformative potential of Generative AI for financial systems, risk management, and data analytics. Do not miss this opportunity to learn from one of the industry's most distinguished experts.

Register: https://lnkd.in/duekck4T

#EmiratiWomensDay celebrates the spirit of resilience, determination and entrepreneurship within the national female community of the #UAE.

This year, in honor of their achievements and contributions, #ADGM hosted a panel discussion and an exhibition that featured 20 pioneering Emirati female-owned businesses. In partnership with First Abu Dhabi Bank (FAB) and the Abu Dhabi Department of Economic Development, the event illuminated the female role, cultivating their contributions towards forging the building blocks of the future under the theme of ‘We Collaborate for Tomorrow.’

In his Address to the people of Kazakhstan, President Kassym-Jomart Tokayev emphasized the importance of 'green' financing and ESG principles in the modern economy. He highlighted the role of the Astana International Financial Centre as a key platform for attracting 'green' investments in the region.

These words reaffirm AIFC's commitment to being at the forefront of innovation and sustainable development, providing a platform for environmentally responsible investing.

CMA held a panel discussion with claims managers, compliance and customer service officers in insurance companies on: -Compliance with setting standards for evaluating repair shops. - Dealing with customer complaints properly. - The Unified Motor Vehicles Insurance Policy.

Delve into the heart of #DataPrivacy with insights from Max Schrems, Founder of noyb.eu, as he uncovers the essence of effective data privacy laws. From efficient enforcement to #AI's impact and a global framework, discover how #NOYB champions privacy through powerful victories, reshaping the landscape for the individual's rights in an article jointly written by Richard Chudzynski CIPP/E CIPM FIP, Data Privacy & Protection Legal Leader, PwC Middle East Legal and Lori Baker, Vice President Legal and Director of #DataProtection, #DIFC Authority.

Read the article here: https://lnkd.in/dRiPmJTk

We are very happy to see the overwhelming support that we received from the Financial Services Community leading up to the FinanceMalta 16th Annual Conference. This year, we surpassed the attendance of 300 delegates from the previous conference and you still have time to buy your tickets by simply visiting our website fmannualconference.org

A heartfelt thank you goes to our 20 sponsors:

Moneybase, Mastercard, Bank of Valletta plc, Systemic RM S.A., Malta Stock Exchange plc, Finance Incorporated Limited, CyberSift.io, Cascade, Ganado Advocates, Malta Enterprise, Aspida Group, Lockton European Brokers Limited, Finom, Creditinfo Group, Trust Stamp, Malta Digital Innovation Authority, Gamma Capital Markets, Alter Domus, BMIT Technologies, and Finaro (formerly Credorax).

#FM16AC #FinancialServices

FinCity.Tokyo will hold "Financial Seminars for Young People" on Saturday, September 23rd, Saturday, October 28th, and Saturday, November 18th. This year, we will be collaborating with the Tokyo Stock Exchange Money Department, which promotes financial literacy education!

#Frankfurt continues its growth as an important international banking center.

Despite a shortage of qualified professionals, several foreign banks in Frankfurt have expressed expansion plans to pursue business opportunities in Germany and surrounding countries.

"Frankfurt is considered a place-to-be in the banking world and can grow even further in this important role [...]. Especially the good exchange in the local community and renowned institutions of the financial world promote the attraction of Frankfurt to foreign banks," comments Helaba in the current Financial Center Focus.

The full report is available for download here: https://frankfurt-main-finance.com/wp-content/uploads/2023/08/finanzplatz-fokus-20230829-data.pdf (in German)

Mark your calendar! Join us for the #FSDC Industry Exchange Series #webinar on 31 Aug 2023. We’ll be delving into our latest #research paper, "Boosting Market Liquidity and Diversity: Enhancing Hong Kong’s Competitiveness as an International Capital Formation Centre".

#Register HERE and for more details:

https://lnkd.in/gf6RMFAP

Speakers:

Mr Edward Au, Southern Region Managing Partner, Deloitte China

Ms Lisa Chung, Partner, Slaughter and May

Ms Angelina Kwan, Managing Director, Stratford Finance Limited

Dr King Au, Executive Director, FSDC

Moderator:

Dr Rocky Tung, Director & Head of Policy Research, FSDC

In his first Jersey Heard podcast episode, Jersey Finance’s Yiow Tan, Business Development Director – South East Asia, joins Maria McDermott, Business Development Consultant – Asia, to share mid-year reflections on their respective regions.

Listen to ‘Navigating Asian Financial Markets: The Jersey Perspective’ now: https://jsy.fi/3P8UyuF

#JerseyFinance #JerseyHeardPodcast #PrivateWealth #Funds #China #Singapore #HongKong

Did you know that Rwanda is positioning itself to become a FinTech Hub on the continent?

Watch highlights of our inaugural Inclusive Fintech Forum to catch a glimpse of innovation and digital transformation in action!

https://lnkd.in/dDrBnqqi

What are some of the key initiatives and actions leading financial services firms take to ensure they have the best talent? Sally Nelson, Chief People Officer at Fidelity International, delves into this at our "Focus on Talent" livestream.

Register here: bit.ly/3DY3RXX

#LFFTalent #talent #livestream #finance #financialservices #employees #workinginfinance

As part of the “Have Your Say” phase opened by the European Commission on its “Retail Investment Strategy” project, Paris Europlace expressed the concerns of its members about the risks associated with the provisions envisaged in the current state. These could lead to the opposite of the objectives sought in terms of the quality of investments by European households in financial products, the development of their savings and the financing of the economy.

https://lnkd.in/exsBdqpv

#QFC had the privilege of hosting Lubna Shuja, the esteemed President of the Law Society of England and Wales. During her visit, she engaged in discussions with Yousuf Al-Jaida, CEO, QFC, along with Nasser Altaweel, our Deputy CEO, Chief Legal Officer, and Board Secretary. 🤝

Nasser emphasized, "the meeting underscores the QFC's commitment to facilitating opportunities that contribute to the development of Qatar's legal environment which is a key driver of its continued economic growth.” He also noted that the President of the Law Society's visit to Qatar "serves as a testament to the profound value we place on meaningful dialogues." 🌍

Stay tuned for more impactful visits from our global stakeholder community, as we continue to cultivate connections that transcend borders and foster mutual growth. 📈

#QatarFinancialCentre #LawSociety #Doha #Qatar

Scandinavian state of mind

By Dr. Matthias Voelkel

Discussions on the capital market of the future dominated our latest board meeting at Deutsches Aktieninstitut (DAI).

While Germany has started to make some progress in this regard, it is still far from being enough. So, let’s take a closer look at positive examples in our neighbourhood. Our first-hand insights:

- Education: In Sweden and other Scandinavian countries, financial literacy is promoted in educational institutions from an early age.

- Trust: With high levels of transparency and corporate governance, Scandinavia excels in this pivotal area that determines the success of any equity market.

- Collaboration: Teamwork is at the heart of Swedish equity culture, with its close-knit ecosystem of investors, entrepreneurs, analysts, and policymakers creating an environment conducive to growth.

- Tax: In Sweden, citizens are encouraged to invest in equities through investment savings accounts. The legislator defines the annual investment amount that can be saved in equities or funds, while dividends and capital gains on these investments are tax-free.

- Choice: Sweden ensures a future proof system by providing citizens with adequate, independent, and varied investment options for their retirement planning.

- Inclusivity: Hurdles to access and safely use capital markets are very low, allowing citizens to successfully participate according to their knowledge and competence.

A decade of ups and downs!

Our Chief Economist and Head of Research, Anjalika Bardalai’s latest blog looks at the dynamic landscape of UK financial & professional services employment.

Find out more here: https://lnkd.in/eKuxa9b2