Financial Center News #81

🌍 Six Years of Growth for the World Alliance of International Financial Centers (WAIFC). Over the past six years, the WAIFC has grown to unite 29 leading financial hubs worldwide, driving global collaboration, fostering best practices, and empowering members to shape the future of finance. Strategic partnerships with organizations like the World Economic Forum and the Global Capacity Building Coalition allow WAIFC to spearhead initiatives in innovation and climate finance. From facilitating MoUs to hosting high-impact events and publishing cutting-edge resources, WAIFC is strengthening the global financial ecosystem one partnership at a time.

The WAIFC Opinion Platform is dedicated to providing valuable reflections on the evolving global financial landscape. In 2020, Edouard-François de Lencquesaing, Honorary Chairman of EIFR, shared a forward-looking perspective: "Financial centers with their multidisciplinary components are one of the proper tools to address those challenges. The first lesson is that we are in the same boat – to maximize the chances to win this war, we must share and work together. That is the essence of WAIFC." Since 2020, the WAIFC has grown significantly, welcoming new members and expanding its global network, publishing numerous reports and driving initiatives on sustainable finance, innovation, and inclusion.

The Financial Services Regulatory Authority (FSRA) of ADGM has signed an MOU with the UAE Ministry of Interior to strengthen cooperation against financial crime in virtual assets. Emmanuel Givanakis, CEO of ADGM's FSRA, stated: "Financial crime is constantly evolving, and it is crucial that regulators stay ahead of potential threats. Our goal is to build long-lasting collaboration across the UAE to prevent financial crime in financial services, including virtual assets."

📊 Presenting the AIFC's 2024 Highlights! 🚀 This year was marked by growth, new opportunities, and significant achievements. Watch the recap video for all the key moments!

✨ Casablanca Arbitration Days 2024: A Landmark Event ✨ Over two days, #CAD2024 explored key topics in sports and financial arbitration. A special highlight was the exceptional contribution of Pierluigi Collina, FIFA's Referees Committee Chairman, sharing insights on excellence and impartiality. Thank you to all speakers and participants for making this event a success and reinforcing Casablanca's role as a global arbitration hub.

We are proud to celebrate the outstanding individuals who completed specific modules of the DIFC Laws Certificate Program. Their hard work and dedication to advancing legal knowledge are truly inspiring, recognized at the awarding ceremony with certificates handed by Alya Al Zarouni, Chief Operating Officer at DIFC Authority, and Dr. Tenia Kyriazi, Deputy Director Teaching and Learning at Middlesex University Dubai.

🎄✨ Season's Greetings from the Economic Development Board of Mauritius! As we embrace the holiday spirit, let's reflect on the year gone by and look forward to a brighter future together. Merry Christmas and Happy New Year 2025! May this festive season fill your hearts with joy and hope. As we step into the new year, let's unite in our efforts to build economic resilience and prosperity.

🔷️ The CMA directs securities and insurance companies to take the necessary measures to improve the quality of call centers.

#Newsletter | Catch up on the latest news from the financial center Frankfurt. 🌍 #F4T | FOOD for THOUGHT on "FIDA: The next step towards open finance in Europe" with Sebastian Maus, Partner at Oliver Wyman. 📊 #CFS-Index: Financial service providers faced significant revenue, earnings, and investment declines. Despite these challenges, Germany's international financial market importance remains stable. 🎧 Episode 40 of Mein Finanzplatz with Matthias Hübner on Germany's path to leadership in Sustainable Finance.

🎄 Merry Christmas from the Future Finance Poland team: Pawel Widawski, Piotr Brewiński, Katarzyna Multan, Kasia Jedlińska, Gabriela Mrozek, Zuzanna Krauzowicz, Aneta Girdwoyń (Kmoch), Anna Malanowska.

🎄 Merry Christmas and Happy New Year from FSDC! May your holidays be filled with joy, and your new year with success. ✨

Discover the Istanbul Financial Center: 21 buildings, a 1.3 million sqm workspace, a 5-star hotel, and a 2,100-capacity conference center. A financial hub built to connect, innovate, and elevate Türkiye's financial potential.

In his latest blog post, Joe Moynihan, CEO of Jersey Finance, discusses the current sentiment around global ambitions to tackle climate change and the continual rising of global carbon emissions. Emphasizing the importance of sustainable finance and support for the climate crisis, Joe highlights the key role Jersey's finance industry can play in driving capital to support global-scale initiatives.

Rwanda continues to stand out as a promising financial services hub, ranking among the Top 3 jurisdictions for investment vehicle domiciliation. This achievement is highlighted in the latest report on Africa as a jurisdiction for the domiciliation of investment vehicles, published by MEDA and its partners. The recognition highlights Rwanda's leadership in driving capital mobilization and fostering inclusive growth, with KIFC engaging at major investment forums in South Africa: Early-Stage Investor Summit #AESIS2024 and SuperReturn Africa.

Our 2024 Financial Sector Team. It has been an honor to work with you and I am proud of what we achieved and contributed to the growth of the Financial Sector in Qatar and the Qatar Financial Centre (QFC) Authority. Career moves for Ayman Doukali and Nasr J Al-Nasr. Looking forward to making 2025 another successful year in cooperation with QFC's partners across Qatar's financial ecosystem.

🎄✨ Happy Holidays from TRIFIC SEZ! As the festive season unfolds, TRIFIC SEZ extends warmest wishes to all clients, partners, and team members. This is the season of gratitude, reflection, and togetherness. May your holidays be filled with joy, peace, and cherished moments. Let's celebrate the achievements of 2024 and look forward to an even brighter 2025 together.