Financial Center News / 28 August 2023
Jochen Biedermann
Managing Director World Alliance of International Financial Centers (WAIFC), Managing Partner FinTech Consult
Join us for the first episode of the new Global Webinar Series on Generative AI in Financial Services
The first webinar of the series will be taking place in partnership with NVIDIA.
📅 Date: September 26, 2023
🕗 Time: 08:30-10:00 BST WEST / 09:30-11:00 CEST / 10:30-12:00 AST / 11:30-13:00 GST / 13:30-15:00 ALMT / 15:30-17:00 HKT / 16:30-18:00 JST KST
🎙️ Speakers:
Please register: https://lnkd.in/duekck4T
Abu Dhabi Global Market (ADGM)
Convened by the COP28 UAE Presidency, and hosted at #ADGM, a convergence of world leading #economists and financial leaders from institutions, including the World Bank, IMF, ECF and IFC, aligned at an IHLEG. The meeting determined steps towards establishing a comprehensive global climate finance framework, ahead of a transformative #COP28 Summit.
The gathering ignited essential discussions following the momentum of the Bridgetown Initiative and the Paris Summit, to develop the roadmap for the framework, which will address debt distress, particularly in developing economies, and the role of the private sector in increasing financial flows to facilitate the funding gap.
COP28 President-Designate, Dr. Sultan Al Jaber, issued a resolute call to action to the forum’s participants. Al Jaber communicated a clear mandate to develop a detailed action-orientated framework and tangible recommendations that lead to real results as a clear output from the meeting, with an impact that extends to COP30 and beyond, providing a concrete plan of action on international climate finance: 🔗 https://lnkd.in/d8DMGuc
Today at the AIFC, a significant meeting took place with His Excellency Cho Tae-ick, Ambassador of the Republic of Korea to Kazakhstan. The dialogue centered around bolstering ties between Kazakhstan and South Korea, highlighting Korea's esteemed position as a priority partner for AIFC.
With the Republic of Korea's ongoing interest in Central Asia, AIFC stands poised to extend its full-fledged support. Remarkably, in Kazakhstan, there are 740 enterprises with participation from Korean businesses, featuring industry leaders like Kia, Samsung Electronics, and SK.
As AIFC ambitiously expands its horizon, it has successfully registered over 2,000 entities from 75 nations on its platform. Notably, 15 of these companies originate from the Republic of Korea.
The similarities and shared aspirations between both nations foster a closer alliance, not only on global platforms but also bilaterally. AIFC is committed to playing a central role in nurturing these ties, offering an inviting environment for esteemed partners and investors from South Korea.
Busan Finance Center (BFC)
There is no news from last week. Therefore, I would like to share a publication about the Busan Financial Center here.
Casablanca Finance City (CFC)
#WorldHumanitarianDay annually pays homage to the dedication and efforts of humanitarian workers who tirelessly extend aid and assistance to vulnerable populations across the globe, irrespective of challenges or adversities.
Visit the International Humanitarian City booth commemorating #WorldHumanitarianDay at the #DIFC Marble Walk and record a message for all humanitarians until Thursday.
EDB Mauritius (EDB)
Vacancy – Business Analyst for China Desk
The Economic Development Board (EDB) is a leading agency mandated by the Government to provide strong institutional support for strategic economic planning, promote Mauritius as an attractive investment and business center, a competitive export platform as well as an international financial center. It also acts as the main institution responsible for country branding, investment promotion and facilitates both inward and outward investment, and fosters a conducive business environment.
The EDB is recruiting a business analyst for its China Desk.
Episode 59 of the #FinTalks podcast is now live! 🎙️
In this episode, we have a chat with Mr. Ramon Mizzi, Chairman, Association of Insurance Brokers, and Mr. John Tortell, Vice-Chairman, Association of Insurance Brokers about The Maltese Insurance Market landscape. Stream the #podcast now 👉 https://shorturl.at/mwCU9
The Association of Insurance Brokers of Malta invites you to an event being organized for the first time in London in conjunction with FinanceMalta. The event titled Malta – The Insurance Market Landscape will be hosted at the Lloyd’s of London, London, United Kingdom, on the 3rd of October 2023. The event will include a number of presentations on the Maltese Insurance market and the benefits of establishing a firm in Malta for UK brokers post-Brexit.
FinCity.Tokyo will hold an event on October 19 to showcase where the financial industry is today as Tokyo's international financial center in New York, USA. We will share with you the latest trends in the financial industry as it works to solve Japan's social issues, such as green transformation and an aging society.
This event will be held in New York. We look forward to seeing you at the event.
Frankfurt Main Finance (FMF)
For the current upheavals in the economy, the capital market is the most powerful financing instrument," says Matthias Bock, Member of the Management Board and General Counsel Goldman Sachs Bank Bank Europe SE in the latest episode of our podcast #MeinFinanzplatz.
Recommended by LinkedIn
In conversation with Marcus Schult on the expansive roof terrace of the Marienturm, he sheds light on Goldman Sachs' expansion into Frankfurt's financial center, the consequences of #Brexit, and the resulting new #competition among European financial centers.
Episode 28 of the Frankfurt Main Finance Podcast is live! 👉 https://lnkd.in/eXWbNBk2 (in German)
Episode 4【Hong Kong's RMB Story Series 香港的人民幣故事系列】:
Exploring RMB cross-border payments and bond business
Hong Kong excels in offshore #RMB activities, encompassing insurance and banking. Witnessing a 200% surge in new business insurance premiums driven by #Mainland visitors in 2022, and with nearly all offshore RMB bonds issued in Hong Kong, often oversubscribed. The momentum of RMB internationalization fosters a thriving landscape for diverse RMB products and services.
Watch the video now: https://lnkd.in/g4w5mK63
With special thanks to our distinguished speakers:
- Ms Luanne Lim, HSBC
Earlier this year, we hosted a series of events in key Asian cities showcasing Jersey’s growing appeal as a financial center for supporting the global aspirations of Asian fund managers.
A number of industry professionals from Jersey firms were involved in the events. Hear from Dilmun Leach from Walkers as he reflects on those events and how Jersey is evolving its proposition for Asian fund managers and investors.
Read the full article on our website: https://lnkd.in/ectGasUY
In light of Rwanda's ambition to develop its national taxonomy, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH is offering a complimentary certified course that provides technical knowledge to understand the concept of Sustainable Finance Taxonomies better.
Click here to register👇 https://lnkd.in/dtV5FCVN
Luxembourg for Finance (LFF)
Talent attraction and retention have become perhaps the most critical challenge for the global financial services industry. In today’s fast-paced and ultra-competitive business landscape, offering the best environment to star employees who are of the right mindset and willing to grow their skills is essential.
Don’t miss our livestream “Focus on Talent” on 27 September, where we will hear from leading financial services firms and high-level recruiters about this issue.
Register here: bit.ly/3DY3RXX
InfraNextGen - One month left to apply for the Trophées du Jeune Professionnel des Infrastructures: https://lnkd.in/dmKKhye
As part of Paris Infraweek, the InfraNextGen trophy honors young infrastructure talent from the Paris financial marketplace for their active role in developing, financing and/or advising on one or more major infrastructure projects. Three categories: Investment (debt, equity), Consulting, Industry.
🏆 The Trophy will be awarded on the opening day of Paris Infraweek, Monday, October 9, at Bercy. 📽️ Replay edition 2022: https://lnkd.in/ewWzXXgf
Qatar Financial Centre (QFC)
Join us for a groundbreaking event!
Qatar Financial Centre (QFC) Authority is launching the QFC Digital Assets Lab to accelerate Qatar's digital ecosystem. 🌐
Yousuf Al-Jaida Aditya Kumar Sinha Henk Jan Hoogendoorn Nasr J Al-Nasr Sadiq Hamour Ayman Doukali Jiazhong Wang Yousef Fakhroo Nasser Altaweel
Unlocking global talent: fuelling UK's financial innovation
In her latest blog, Nicola Watkinson (she/her), Managing Director, International, looks into the crucial role of international talent in making the UK a global financial powerhouse.
Find out more here: https://lnkd.in/eaPkrSRt
About the WAIFC:
The World Alliance of International Financial Centers (WAIFC) is a non-profit association registered in Belgium, representing 29 leading international financial centers on five continents.
WAIFC members are city governments, associations, and similar institutions developing and promoting their financial centers.
WAIFC facilitates cooperation between its members, the exchange of best practices, and communication with the general public.