Financial Center News #45

🎥✨ Highlight Reel: WAIFC Meeting in Mauritius, hosted by our member Economic Development Board Mauritius.

A few weeks ago, leaders from #WAIFC gathered in the beautiful Mauritius for a momentous Board of Directors meeting and Extraordinary General Meeting, hosted by the Economic Development Board of Mauritius.

📜 Exciting developments include:

- Launching the Africa chapter with a fresh Memorandum of Understanding, expanding our collaborative efforts with Casablanca Finance City, Kigali International Financial Centre, EnterpriseNGR and Economic Development Board Mauritius

- Engaging discussions and strategic advancements across key projects: Women in Finance, Green Transformation of Supply Chains, and Art & Financial Centers.

🌍💼 A special shoutout to Olivier Vigna for joining the WAIFC board, ready to help shape the future of international financial centers.

📣 Our latest newsletter for April 2024 is packed with impactful updates from the financial world.

🌱 In an insightful interview, Hortense Mudenge, Chief Strategy Officer of Kigali International Financial Centre highlights the vital role of WAIFC in addressing climate and social finance issues, especially post-COP 28.

✅ Learn about the significant strides being made across Africa through our newly established #WAIFC Africa Chapter with Casablanca Finance City, Kigali International Financial Centre, EnterpriseNGR and Economic Development Board Mauritius.

✅ Read also the new opinion by Thomas Krantz on the critical need to green supply chain finance amid global trade complexities and climate change.

🌟 We are also thrilled to welcome Future Finance Poland as the newest member of our network, expanding our reach to 20 members across five continents. Their commitment to financial growth and innovation is truly inspiring.

🔍 Plus, do not miss out on the innovative discussions and partnerships at the WAIFC Board of Directors meeting in Mauritius, where key global financial trends were addressed.

🗓️ Mark your calendars for the upcoming events like the Earth Forum 2024 and Dubai FinTech Summit 2024 organised by DIFC where leaders will gather to push forward the agenda on sustainable finance.

📚 Interested in more? Subscribe to our newsletter to stay updated with the latest trends and developments in the financial sector.

📲Read more: https://lnkd.in/e2FeJcsp

#WAIFC #Finance #Innovation #Sustainability #GlobalFinance

ADGM's historic expansion to Al Reem Island is underway, transforming it into one of the largest financial centers in the world. Tune in to this episode of ADGM THINK, where Natella Safar Ali and Bilal Malik from ADGM Registration Authority help us understand what this expansion means for businesses on Al Reem Island and how to ensure a smooth transition to ADGM jurisdiction.

Don't miss out! Click for the full episode! 🔗 https://lnkd.in/dt93s7TP

#ADGM #ADGMTHINK #AlReemIsland #AlReemExpansion #FinancialCentres #ADGMRegistrationAuthority

🌱Development Bank of Kazakhstan has successfully executed its inaugural issuance of sustainability Eurobonds, raising 100 billion tenge with a three-year maturity, on the Vienna MTF platform.

🏦This placement represents the first issuance of sustainability Eurobonds from the CIS region for a non-sovereign issuer in local currency in the entire history of Eurobond issuances by CIS issuers. The proceeds from the issuance will be directed towards financing and refinancing projects that meet both green and social project criteria.

🌿Green Finance Center (GFC) played a key role in this process, acting as the verifier for the issuance. The Second-Party Opinion assessment provided by the GFC emphasized the high level of management and transparency in the reporting of the DBK.

🌍"The issuance of sustainability Eurobonds by the DBK represents a significant milestone for the sustainable finance market in our region. We are honored by the designation of the GFC as the verifier for this inaugural issuance in Europe. This initiative paves the way for the further development of sustainable financial instruments in the region, reaffirming our role in shaping an environmentally and socially responsible financial market," remarked Daniyar Kelbetov, Chairman of the Board of Directors of the GFC.

Only a few days left until our new CFC Insights Conference on key findings of the "Dynamics of Development in Africa: Investing in Sustainable Development" report, co-produced by the African Union Commission and the OECD Development Centre, with the support of the European Union. Meet our speakers : - Said Ibrahimi, CEO of Casablanca Finance City Authority - Ragnheidur Elín Árnadóttir, Director of the OECD Development Center - Arthur Minsat, Head of the Africa, Europe and Middle East Unit at OECD Development Center - Ismail Douiri, General Manager of Attijariwafa bank - Larabi Jaïdi, Senior Fellow, Policy Center for the New South - Justyna Grosjean, Chief Technical Advisor at GIZ - Tshepidi Moremong, Chief Operating Officer at Africa 50 - Alexandre Kateb, Economist, CEO of Multipolarity Report

Click the link in the comments to register for the conference ⤵️ #CFC #CasablancaFinanceCity #CFCInsights #Africa #SustainableDevelopment

As we announce the launching of this year's DIFC Laws Certificate Program, we want to acknowledge our 2023 graduates and now alumni of the program for their outstanding commitment, passion, and drive for continuous learning and development and their excellent academic performance in the program!

We also want to honor all the esteemed lecturers of the program: the Middlesex University Dubai lecturers, Outer Temple Chambers barristers, the DIFC Courts, and all the DIFC registered practitioners and specialists who are experts in their fields! Salute to all of you for your hard work and dedication, your passion for teaching and learning, and for going above and beyond in providing quality educational experience, mentoring and advising!

Here's last year's graduation ceremony that very briefly but beautifully captures the moment of celebration!

To know more about the program: https://lnkd.in/dnSnffvU

DIFC Laws Certificate Program 2023 Lecturers: Tenia Kyriazi Samantha Roberts Ayesha Bin Kalban Raza Mithani Simon Perhar Adrian Chadwick Sarah Malik Michael Patchett-Joyce FCIArb Lubna Khan Alessandro Tricoli Patrick Dillon-Malone Philip Punwar Bushra Ahmed Graham Lovett Yasmin Sebah Sheila Shadmand Deena Bhoyroo LLB LLM FHEA Suzanna Kalendzhian Dan Partovi Thomas Vanhee توماس فانهي Dustin Appel Lori Baker Thenji Moyo Faisal Attia James Counsell KC Oliver Powell David Russell AM KC John McKendrick, KC Nicholas Hill Jonathan Hand KC PETER LINSTEAD David Holloway Hayley Norton

Maryke Luijendijk-Steenkamp Rhoda Martinez Sharlene Rubillos Paul Mutia Natalie Ojerio

During a courtesy call with the Mauritius Prime Minister Hon. Pravind Kumar Jugnauth at the Treasury Building in Port-Louis yesterday, Mr. Pham Hoang Kim, the Ambassador-Designate of the Republic of Vietnam, reaffirmed the intention to deepen cooperation between Mauritius and the Republic of Vietnam. 🌐 𝐑𝐞𝐚𝐝 𝐦𝐨𝐫𝐞 : https://lnkd.in/d4Vmnenp

The Association of Southeast Asian Nations, or ASEAN, is crucial to Mauritius' regional involvement and foreign policy. Despite not being a member of ASEAN, Mauritius actively pursues collaboration and cooperation with its fellow members as well as the organization.

Acknowledging the economic vitality and strategic importance of the ASEAN region, Mauritius`s "Look East" policy lays a heavy emphasis on fortifying economic, political, and cultural connections with these states. To align its interests with the organization's values of peace, security, and economic development, Mauritius actively participates in ASEAN-led forums such as the Asean Regional Forum (ARF), a crucial venue for security discourse in the Asia-Pacific area. It also looks for opportunities for trade, investment, and knowledge exchange with ASEAN member states.

#bilateralrelations #EconomicDevelopment #ForeignPolicy #ASEAN

Episode 91 of the #FinTalks podcast is now live! 🎙️

In this episode, we met with Pier Massa, Programme Office Leader of the Malta Financial Services Advisory Council (MFSAC) to discuss the one-year update on the strategy document. Join us as we explore the progress, challenges, and future plans shaping Malta's financial services sector.

Stream the #podcast now 👉 https://lnkd.in/effKsHHp

#FinancialServices

Germany's strength lies in its decentralization and diversity.

Unlike France, where Paris is the sole financial center (14), Germany has five leading financial centers – Berlin, Frankfurt, Hamburg, Munich, and Stuttgart – in the top half of the Global Financial Centre Index (GFCI). This diversity is a strength if we succeed in closing ranks within Germany and working more closely together.

This was pointed out jointly by Hamburg's Senator for Finance, Dr. Andreas Dressel, and Frankfurt Main Finance President Gerhard Wiesheu. We would like to thank all participants and the #Bundesbank as host.

Jan Bringezu, Christoph Frank, Axel Hoops, LL.M., Jörg Kube, Alexander Nagl, Stefan Otto, Eberhard Sautter, Cornelia Schwertner, Christoph H. Seibt, Britta Stövesand-Ruge, Clemens Vatter, Marcus Vitt, Nikolaus von der Decken, Dr. Nicholas Ziegert

🎉 We are thrilled to announce that the Individual Investors Association Stowarzyszenie Inwestorów Indywidualnych) has become a proud partner of Future Finance Poland!

👉 The Individual Investors Association (SII) stands as the largest organization uniting stock investors in Poland, with a rich history dating back to 1999. As a member of prestigious European investor organizations like EuroFinuse and Euroinvestors, as well as the World Federation of Investors WFIC, SII proudly represents nearly 13,000 members!

👉The capital market serves as a paramount arena where modern and innovative enterprises can not only raise capital for growth but also enhance their credibility, brand recognition, and product/service promotion. Hence, it plays a pivotal role in the endeavors of FFP.

We are excited about the opportunities this partnership will bring and look forward to fostering growth and innovation in the financial landscape together! 🚀💼

#FutureFinancePoland #SII_Partnership #CapitalMarket #Innovation #FinancialGrowth

Pawel Widawski Piotr Brewiński Katarzyna Multan Jaroslaw Dominiak, AMP Kasia Jedlińska Anna Malanowska

🌟 #FSDC supports the 25th Annual Corporate and Regulatory Update (25th ACRU) organized by the HKCGI – June 7, 2024 Connect with regulators and gain insights into crucial corporate and regulatory themes, along with enforcement trends, at the 25th ACRU, featuring discussions led by six key regulators on company and securities law, listing regulations, competition law, GBA cross-boundary personal information flow, and ethical governance. 📢 Early-bird discount deadline: April 30, 2024 Program details & Registration: https://acru.hkcgi.org.hk/ Inquiries: cpd@hkcgi.org.hk or (852) 2881 6177 #ACRU2024 #CorporateGovernance #RegulatoryUpdate #HKCGI #fsdchk #fsdchongkong

Looking to attract the next generation of financial professionals?

Our Life in Finance scheme gives local firms the platform to speak to local students about what a career in your firm looks like.

Whether you are looking to expand your junior roles or want a chance to share your brand with students, Life in Finance is a great opportunity for you and your firm.

Learn more about the benefits of the scheme on our website and apply.

Find out more now: https://jsy.fi/3OH5pLG

In his remarks at yesterday’s training session on International Sustainability Disclosure Standards, co-organized by Garnet Partners, KIFC & Rubicola Consulting, our CEO Nick Barigye invited the audience to embed sustainable principles into every facet of financial decision-making.

On the occasion of the Luxembourg State Visit to Belgium, we hosted a breakfast in the presence of H.M. the King and H.R.H. the Grand Duke, as well as Their Excellencies Gilles Roth and Vincent Van Peteghem, bringing together 45 leaders of financial services firms and associations from Luxembourg and Belgium. They discussed the pivotal role the financial sector plays in driving our economies, reaching our sustainability ambitions, providing capital to entrepreneurs, and helping people save for retirement.

Financial services are a key part of building a more resilient and competitive EU and the close ties between our two nations' financial services only further cement our shared desire to strengthen the EU for both its people and its companies.

This morning's breakfast symbolised the friendship between our countries in every sector and financial services is no exception.

#LUinBELGIUM #finserv #financialservices #finance

📢 Paris Europlace recently published its report dedicated to the European priorities identified by the Paris financial center for the next legislative mandate 2024-2029. This report aims to identify the levers that will enable the European Union to preserve its competitiveness and better finance its investment needs. In particular, the energy transition and a more digital-oriented economy require colossal investments for which the European financial sector, banks and markets, must be decisively mobilized.   We would like to highlight and thank the work of the working group chaired by Véronique Ormezzano which gathered the main financial players to of the Paris financial center. This report is an opportunity to promote our proposals to the European and national authorities in order to strengthen the European Union’s position in the world.

The #StartupQatar pavilion, hosted by Invest Qatar at Web Summit Qatar, emerged as a vibrant hub for companies and startups to register their businesses. It offered exclusive incentives such as waived registration and annual fees for the initial 5 years, along with tax waivers, making it a unique opportunity for budding entrepreneurs. 🤝

Hear from Abdulrahman Joud, one of the 200+ entrepreneurs who seized this opportunity at the global summit.

🔗Learn more about Startup Qatar: https://startupqatar.qa/en

We’ll be launching a report in partnership with Freshfields Bruckhaus Deringer on advancing the UK's international competitiveness and economic growth, and why regulators comparison matters. Stay tuned and sign up for our newsletter to receive the report on 18 April 📅: https://lnkd.in/e_d5NXVU #TheCityUK