Financial Center News #114

🌍 Exciting News! Frankfurt Main Finance is proud to host the World Alliance of International Financial Centers (WAIFC) 2025 Annual General Meeting from September 29 to October 2, alongside SIBOS.

This event will bring together global financial leaders for strategic dialogue on the future of international financial centers, featuring key sessions on AI in Finance and Corporate Sustainability Reporting. The week concludes with a special visit to Stuttgart Financial.

Stay tuned for updates at https://brnw.ch/21wUJkH

ADGM has released the 2024 DNFBP Common Findings Report, highlighting key insights from AML and TFS assessments.

This report offers practical guidance for Designated Non-Financial Businesses and Professions (DNFBPs), including: - Common areas for improvement in AML/TFS compliance - Insights to strengthen internal controls and risk frameworks - A foundation for more effective supervision and enforcement moving forward

By sharing these findings, ADGM reinforces its commitment to transparency and its proactive role in supporting compliance excellence across the DNFBP sector.

Read the report here: https://lnkd.in/grMMJ5Md

📱 How is the crypto industry structured in Kazakhstan?

💬 It's important to note that the local platform, Bybit Kazakhstan, operates with full transparency and in strict compliance with the regulatory requirements of the AIFC and Kazakhstan's legislation. These regulations primarily focus on protecting the interests of Bybit Kazakhstan's clients.

🔗 Ablaikhan Aubakir, Regional Manager at Bybit Kazakhstan, shares more insights in the full episode here: https://lnkd.in/dBGZ8Yte

#BFC FINANCE

How #MASGA Amplifies Korea and Busan's #Shipbuilding Power

The MASGA project "Make America Shipbuilding Great Again" is unlocking major opportunities for Korea and especially for Busan.

South Korea has committed $150 billion to support shipbuilding investment in the U.S., anchored by a public–private task force that includes HD Hyundai, #Hanwha Ocean, and #Samsung Heavy. The initiative includes construction of new shipyards, training U.S. workers, and expanding maintenance contracts for the U.S. Navy

🤝 Aligning MASGA with Busan's vision: The initiative will likely draw new streams of policy finance, guarantees, foreign investment, and insurance flows areas where BIFC institutions and services play a pivotal role. As Korea's global shipbuilding leadership grows, Busan's role as a marine finance center becomes even more central.

#DIFC, in collaboration with DealCatalyst, will host the inaugural Dubai Fixed Income Alternatives Conference, this event is the first of its kind in Dubai, bringing together business leaders, investors and innovators to explore opportunities in fixed income alternatives. The conference agenda now live.

Explore key sessions on: • Macroeconomic Outlook • Assessing the Local Private Credit Market • Private Wealth Strategies in Private Credit • Selecting Fixed Income Alternatives Strategies • Workshops: Funding, Structuring & Strategic Partnerships

Join leading investors and finance experts as they shape the future of alternative finance in the region.

View the full agenda & register: https://hubs.ly/Q03xFVBs0

[ FICCI delegation visits Mauritius to strengthen bilateral economic ties and explore new investment opportunities ]

A distinguished high-level delegation, comprising over 15 senior industry leaders, from the Federation of Indian Chambers of Commerce and Industry (FICCI) led by Mr Rajiv Wahi, arrived in Mauritius on 27th July 2025 for an official visit. During their stay, which extended until 30th July 2025, the delegation engaged with various public and private stakeholders to explore avenues for collaborative ventures and new investment opportunities across key sectors of mutual interest.

🌐 Learn more: https://lnkd.in/d6RFhezb

In Q1 2025, the Nigerian Exchange (NGX) hit a market capitalization of over ₦66 trillion.

Yes, trillion.

That's not just a number. It's a signal.

A signal that Nigeria's capital markets are maturing fast. Driven by rising domestic investor participation, tech-enabled access, and renewed foreign confidence.

So… do we still call this market "emerging"?

The State of Enterprise Report 2025 unpacks the data behind the headlines.

Download the report now below: https://lnkd.in/dSkK9Nfx

🏦 Opening Doors: The Role of the EIB Group Office in Malta

Lawrence Martin C. Walsh, Head of the European Investment Bank (EIB) Office in Malta, shares how the new office is helping local businesses access EIB and EIF financing.

👉 Explore the complete story: https://lnkd.in/g-PxNdwx

✨ Because small dreams can make a big difference!

Join us for the story of "The Tower Girl" and see how a dream becomes a community investment 💡🏰

📢 An important step for the European securitization market!

The European Commission has presented a proposal to revise the EU securitization framework with the aim of strengthening securitization as a financing instrument for investment and growth in Europe. 🇪🇺📈

The central changes at a glance: ▪️ A risk-based, proportionate approach to due diligence (Article 5) ▪️ A new definition of public and private securitization ▪️ Simplified reporting requirements and reduced reporting fields (Article 7)

As European DataWarehouse emphasizes, these reforms can reduce regulatory complexity while improving transparency and efficiency – provided that they are implemented in a practical and market-oriented manner.

🌍 There is still a need for clarification in the treatment of non-EU transactions – a key point for the international connectivity of the EU market.

👉 Read the full post: https://frankfurt-main-finance.com/en/edw-welcomes-eu-proposal-to-boost-the-securitisation-market/

Innovation, opportunity and design converge at the Istanbul Financial Center. The gateway to 1.6 billion people and a $30 trillion market.

Discover how you fit in: https://lnkd.in/dxA9i6YC

We're excited to announce that the latest enhancements to the Jersey Private Fund (JPF) regime have officially come into effect as of today! These targeted updates are designed to meet the evolving needs of international professional investors and reinforce Jersey's position as a leading alternative funds jurisdiction 🌍💼

Key changes now in force: ✅ Removal of the 50-offer / investor cap 📈 Broader definition of a professional investor 📃 Option to list interests in JPFs (with JFSC consent) ⚡️ 24-hour authorization for applications submitted by registered Designated Service Providers

👉 Learn what these changes mean for you: https://jsy.fi/4m2Mppo

🔥🎙️ It's out! Episode 5 of the Fired Up for Finance podcast is now live.

In this episode, Hortense Mudenge, the new CEO of the Kigali International Financial Centre, reflects on her transition from Chief Strategy Officer to CEO - and how she's anchoring KIFC's growth by embedding sustainability, maintaining leadership continuity, and focusing on long-term institutional success.

🎧 Catch the full episode: https://lnkd.in/d7QUTciy

There's never been a better time to move to Luxembourg! An enhanced impatriate tax regime offers substantial financial benefits for international employees relocating to Luxembourg.

International employees can receive a 50% tax exemption on salary, up to €400,000 gross, for those earning at least €75,000. To qualify, you must not have lived within 150 km of Luxembourg or worked/paid tax there in the past five years.

This is part of Luxembourg's broader strategy to attract and strengthen its financial center talent.

Read more in our latest article: https://bit.ly/4mofHid

Preview the agenda for Finance Summit 2025 🗓️

The program preview for Boerse Stuttgart Group's flagship event is now available on our website. This year's agenda is dedicated to boosting European growth – with new technologies and a strong capital market.

The Finance Summit offers a high-caliber forum for exchange and inspiration. This is where we bring together industry leaders, political decision-makers, technology experts, and leading representatives of the financial sector.

🔗 Explore the agenda and discover what's ahead: https://lnkd.in/dU7Y2ZSp

Follow us for further updates and program highlights. We look forward to welcoming you to Stuttgart on September 18, 2025!

Through the International Regulatory Strategy Group (IRSG) – our joint venture with the City of London Corporation – we have responded to the Financial Conduct Authority (FCA)'s consultation paper on stablecoin issuance and cryptoasset custody (CP25/14).

Overall, we support the FCA's work to bring qualifying stablecoin issuance and custody within the regulatory framework. A sound regulatory framework for stablecoins is essential to allow their potential to be realised sustainably, while proportionately managing the associated risks. The UK must move swiftly to implement an ambitious and attractive regulatory regime while seeking interoperability with key international frameworks.

Our response highlights some key considerations to ensure the future framework is a proportionate, effective and globally competitive regime.

📖 Download or read our full submission here: https://lnkd.in/eDAK_v8t 🔗 Learn more about our work: https://lnkd.in/eAZ9Hidp

We're Hiring: General Manager – TRIFIC SEZ

TRIFIC SEZ is on a mission to become Africa's leading gateway for global services, capital, and innovation. Since our gazettement in 2023, we've welcomed over 30 enterprises- including global BPOs, tech firms, consulting groups, and holding companies- and we're just getting started.

As a proud member of the World Alliance of International Financial Centers (WAIFC), we're building a world-class business environment right here in Nairobi.

We are now recruiting a General Manager to lead the next phase of our growth. This is a unique opportunity for a commercially driven, globally experienced leader to shape the future of one of Africa's most dynamic Special Economic Zones.

The GM will report to the Board and lead business development, global marketing, stakeholder engagement, and enterprise success across the TRIFIC platform.

If you've led similar roles in SEZs, innovation hubs, or international business parks and you're ready to build something exceptional - we'd love to hear from you.

View the full job advert below. Interested and qualified candidates are encouraged to submit their applications to careers@centum.co.ke by COB Wednesday 6th August 2025, clearly indicating the role applied for.