Financial Center News #4

In the latest edition of our newsletter, we covered some significant updates and achievements in the international financial industry:

Interview with Hubertus Väth, Managing Director of Frankfurt Main Finance and a board member of the #WAIFC and highlighted their efforts to promote the financial sector.

WAIFC Objectives: As a co-founder of WAIFC, Hubertus Väth expressed pride in the organization's evolution and emphasized the importance of global collaboration, diversity, and capacity building. He also discussed the goal of aligning with the UNDP Financial Centres for Sustainability (FC4S) network and supporting the International Sustainability Standards Board (ISSB).

WAIFC's Success: While refraining from singling out one project, Hubertus Väth emphasized the collective strength of #WAIFC, which is becoming a global voice for the financial industry. The organization aims to amplify its impact and promote the industry's benefits by fostering collaboration and unity.

Subscribe to WAIFC’s Monthly Newsletter: https://bit.ly/WAIFCNewsletter

During an exclusive interview with FINTECH.TV, Chris Hughes, Editor of Abu Dhabi Finance Week, provided valuable insights into the remarkable growth of the Falcon Economy in #AbuDhabi in recent years, highlighting the significant contribution of wise #leadership in shaping the country's financial landscape.

Hughes also discussed the highly anticipated 2023 edition of the Abu Dhabi Finance Week, recognised as the #MENA region's most influential finance, investment, and economic event, confirming that this year's edition is set to be even more remarkable following the resounding success of the previous year.

Watch the interview here: https://lnkd.in/d8DMGuc

AIX waives the initial fee for public ESG bonds

Busan City Announces 'Busan Financial Industry Fostering Plan' to Establish a Foundation for an International Financial City

«Even if #Africa is the weakest link in green finance and attracts less than 5% of global green #investmentflows, it is the continent that has the greatest potential to make massive leapfrogs in #sustainabledevelopment. In this regard, we still need to build expert as well as institutional capacity among all the stakeholders, policymakers, regulators and industry players.”

DIFC Academy and CFA Institute sign a partnership agreement to upskill investment management professionals by launching a knowledge hub of thought leadership and professional development insights for banking, finance and investment professionals.

Togolese Delegation visits EDB for Knowledge Exchange and Partnership Building

During the Africa CEO Forum 2023, the Deputy CEO of the EDB and the Togolese Minister discussed potential areas of collaboration between Mauritius and Togo. Minister Mivedor reiterated Togo’s commitment to strengthening relations with Mauritius and expressed a keen interest in learning from the country’s successful practices in economic diversification and attracting foreign direct investment.

The EDB is actively supporting this initiative by facilitating the coordination of the delegation’s activities in Mauritius. These activities will include networking sessions between the Togolese delegation and relevant stakeholders from the local public and private sectors.

The program of work for the delegation also encompasses knowledge exchange and sharing sessions in various sectors, including:

1. Doing Business Environment, Investment Facilitation & Attraction

2. Digital Economy and ICT/BPO

3. Industry, Textile, and Apparel

4. Financial Services

5. Agro-Industry

6. Real Estate & Tourism

Cyber+ALT Scheme Webinar | 27th July | 11:00 am-12:00 pm (CEST)

A live webinar by FinanceMalta and MITA (Malta Information Technology Agency). Recently, MITA, through the National Cybersecurity Coordination Centre MT for Malta, launched the Cyber+ALT ‘Agħżel Li Tipproteġi’ scheme aimed specifically for SME’s.

Vanessa Macdonald, the moderator, will be entering into a one-hour discussion with NCC MITA representatives Katia Bonello (Project Manager) and Martina Bonanno (Analyst) with a view to understanding how the financial services industry can benefit from this scheme. Delegates will be able to participate in a Q&A session during the webinar as well.

On Tuesday, August 29, 2023, we will hold a Global Startup Pitch & Networking Event featuring foreign companies that have established themselves in Tokyo with the aim of creating a decarbonized society. The event will feature the latest information from high-profile companies supported by the Tokyo Metropolitan Government.

The second company to take the stage is EnergyX. EnergyX provides financing rateforms for small- and medium-scale renewable energy projects. We will provide the latest information for those who are looking for financing for installation of solar power generation systems, zero energy buildings, etc.

For more information, please visit https://lnkd.in/ghCpkMjj

#Montréal – a bridge between the old and new world...

The city is not only building bridges on a cultural level but also in the world of finance through the latest collaboration of Finance Montréal and FMF.

Just recently FMF signed a MoU with Finance Montréal to support the work of the International Sustainability Standards Board (ISSB) with the goal of advancing #sustainability reporting. With our international cooperation partner, we strive together for positive change in the future of #finance through fostering global sustainability standards and exchanging expertise.

Click on the link to find out more about Montréal and its financial center initiative: https://lnkd.in/dE_nYqvJ

Hong Kong's RMB Story Series 香港的人民幣故事系列

Functioning as the preferred gateway for overseas investors who aim to access the Mainland's financial market, #HongKong has initiated a diverse range of projects and measures to facilitate the two-way flow of #RMB funds over the years.

We have invited Mr Christopher Hui, GBS, JP, Secretary for Financial Services and the Treasury, to share Hong Kong's unique RMB Story with you in this video.

Let’s check out to know more the unique Hong Kong's RMB Story: https://lnkd.in/gdMYA-F5

Jersey’s reputation as a digitally-driven and forward-thinking jurisdiction forms part of our ambition to be an IFC of excellence.

Joe Moynihan, CEO at Jersey Finance, discusses this more in his most recent blog.

Read more: https://jsy.fi/3Nt1j8i

Today we had the pleasure to welcome the Hon. Minister of Finance of the Republic of Poland Mrs. Magdalena Rzeczkowska and her delegation for an introduction to #KIFC and a discussion around potential areas of collaboration.

A new chapter begins today as I join Luxembourg for Finance as Deputy CEO. I’m very pleased to be working with Nicolas Mackel and the team and I look forward to meeting our stakeholders and contacts here and abroad. Thank you LFF for such a warm welcome!

Paris Europlace is delighted to share with you the event organized by our partner Bpifrance: Bpifrance Inno Génération, which returns for its 9th edition on October 5!

Over 1,000 speakers will be on hand this year to share their experiences and their pride in entrepreneurship.

Entrepreneurs, start-ups, students, researchers: we look forward to seeing you at the Accor Arena for Europe's biggest business event!

Free registration: https://lnkd.in/etnkFts8

Did you know that the #financial services industry stands tall as one of the largest and most profitable segments of the global economy?

The industry represents $12.5 trillion in annual revenue pools, creating an estimated $2.3 trillion in annual net profits or additional value.

Stay tuned for upcoming updates on the dynamic world of finance.

In her latest blog, our Chief Economist, Anjalika Bardalai, analyses the evolution of financial and related professional services employment over the past decade using visually interactive charts. She analyses growth patterns and offers a detailed view of how industry employment has evolved over the period.

Read more here: https://lnkd.in/eKuxa9b2