Financial Services Development Council

📊 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 #𝗙𝗦𝗗𝗖’𝘀 𝗡𝗲𝘄 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗣𝗮𝗽𝗲𝗿 – 𝗦𝘁𝗿𝗲𝗻𝗴𝘁𝗵𝗲𝗻𝗶𝗻𝗴 𝗛𝗼𝗻𝗴 𝗞𝗼𝗻𝗴'𝘀 𝗣𝗼𝘀𝗶𝘁𝗶𝗼𝗻 𝗮𝘀 𝗮 𝗚𝗹𝗼𝗯𝗮𝗹 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗛𝘂𝗯 Hong Kong, as a prominent #InternationalFinancialCentre in the Asia-Pacific region, has solidified its position as a premier global #InsuranceHub. This report highlights the insurance industry's crucial role in Hong Kong's economy and presents key strategies to elevate its global standing. Gain insights into Hong Kong's #GlobalConnectivity and initiatives to reinforce its position. Key recommendations include accelerating #DigitalTransformation, promoting #TransitionFinance, and exploring new growth opportunities. 📖 Access the full report here: https://lnkd.in/gjZsmxgF 🎧 Webinar recording: https://lnkd.in/gsy5cKSa #Research #Insurance #FinancialServices #IFC #FSDC #FSDCHongKong Financial Services and the Treasury Bureau (FSTB)

𝗘𝘅𝗽𝗹𝗼𝗿𝗶𝗻𝗴 𝗤𝗮𝘁𝗮𝗿'𝘀 𝗪𝗲𝗮𝗹𝘁𝗵 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝘄𝗶𝘁𝗵 #𝗣𝗪𝗠𝗔 Private Wealth Management Association (PWMA) and #FSDC co-hosted an exclusive training session, featuring Ms Abby C. from Qatar Financial Centre (QFC) Authority, who shared invaluable insights into Qatar’s financial landscape and opportunities. We thank our Vice Chairman, Mr Andrew Weir, for his insights on long-term strategic areas, highlighting synergies between Hong Kong and Qatar. Special thanks to Ms Vivien K. for spearheading this meaningful engagement. We look forward to strengthening ties between Hong Kong and Qatar and driving deeper collaboration in the wealth management sector. #FinancialServices #CrossBorderCollaboration #SustainableFinance #GreenInvestment #HongKong #Qatar #QFC

[𝟮𝟰 𝗛𝗼𝘂𝗿𝘀 𝗟𝗲𝗳𝘁 𝗳𝗼𝗿 𝗥𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻] Join us in a #Zoom webinar on latest strategic insights on driving sustainable growth and #innovation to cement Hong Kong's status as a leading global #InsuranceHub!

🌏 𝗨𝗻𝗹𝗼𝗰𝗸 𝗡𝗲𝘄 𝗚𝗿𝗼𝘄𝘁𝗵 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗶𝗻 𝘁𝗵𝗲 #𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗦𝗲𝗰𝘁𝗼𝗿 𝗶𝗻 #𝗛𝗼𝗻𝗴𝗞𝗼𝗻𝗴 – 𝗝𝗼𝗶𝗻 𝗢𝘂𝗿 𝗪𝗲𝗯𝗶𝗻𝗮𝗿! How can Hong Kong further cement its status as a leading global #InsuranceHub? Join our Zoom webinar to delve into strategic insights and policy recommendations aimed at driving sustainable growth, innovation and competitiveness in the insurance industry.  Don’t miss this opportunity to hear from distinguished experts and stay ahead in the field. 📅 𝗗𝗮𝘁𝗲: March 27, 2025 (Thursday) ⏰ 𝗧𝗶𝗺𝗲: 3:30 pm - 4:30 pm 🌍 𝗟𝗮𝗻𝗴𝘂𝗮𝗴𝗲: English 💻 𝗙𝗼𝗿𝗺𝗮𝘁: Virtual - Join us on Zoom.  𝗥𝗲𝗴𝗶𝘀𝘁𝗲𝗿 𝗛𝗲𝗿𝗲 👉 https://lnkd.in/ga23-nAD 🎤 𝗣𝗮𝗻𝗲𝗹𝗹𝗶𝘀𝘁𝘀: - Mr Damien Green, Chairman (non-executive), Manulife Financial Asia Limited  - Ms Orchis Li, General Manager, Gen Re’s Hong Kong Branch  - Mr Fred Ngan, Co-Founder & Director, Bowtie Life Insurance Company Limited  - Ms Winnie Wong, JP, CEO & Executive Director, Asia Insurance Co., Ltd.; Avo Insurance Co., Ltd. 🎙 𝗠𝗼𝗱𝗲𝗿𝗮𝘁𝗼𝗿: - Dr Rocky Tung, Director & Head of Policy Research, FSDC #IFC #TransitionFinance #digitaltransformation #NewGrowthAvenues #FinancialServices 

𝗥𝗲𝗽𝗼𝗿𝘁 𝗟𝗮𝘂𝗻𝗰𝗵: 𝗧𝗵𝗲 𝗛𝗼𝗻𝗴 𝗞𝗼𝗻𝗴 #𝗙𝗶𝗻𝘁𝗲𝗰𝗵 𝗘𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺 𝗥𝗲𝗽𝗼𝗿𝘁 We are pleased to announce the release of the Hong Kong #FintechEcosystem Report, published by HKUST Business School in collaboration with Invest Hong Kong, FinTech Association of Hong Kong and #FSDC. This report provides key insights, the latest statistics, and essential information about the ecosystem, offering comprehensive understanding of Hong Kong’s fintech sector and its development. 📖Access the full report here: https://lnkd.in/gtK5sRtx Financial Services and the Treasury Bureau (FSTB) #GlobalFinance #FinanceHub #IFC #FinTechDevelopment

𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗘𝘅𝗰𝗵𝗮𝗻𝗴𝗲 𝘄𝗶𝘁𝗵 𝗛𝗞𝗜𝗙𝗔 𝗼𝗻 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲 #FSDC engaged in a dynamic exchange with the Hong Kong Investment Funds Association (#HKIFA), joined by industry leaders and regulators, exploring key developments in HK’s #InvestmentFunds landscape. Our dialogue covered enhancing #MutualFundRecognition and #WealthManagementConnect schemes, supporting regulatory initiatives for #HongKongDomiciledFunds and #ListedAlternativeFunds, and identifying growth opportunities in #MainlandPension development, #SoutheastAsian and #MiddleEastern markets. We also highlighted the importance of #InvestorEducation as a foundation for sustainable growth. We look forward to collaborating with #HKIFA and stakeholders to strengthen Hong Kong's #FinancialEcosystem. #IFC #GlobalFinance

The FSDC recently visited Ho Chi Minh City and Hanoi, Vietnam, where Dr King Au, Dr Rocky Tung and Wivinia Luk engaged with key public sector stakeholders, as well as representatives from the stock exchange, industry associations, and think tanks. These engagements provided valuable insights into Vietnam's evolving financial landscape and its broader strategies for developing regional and international financial centres. We had the opportunity to share Hong Kong’s experience as a leading international financial centre, along with insights from the FSDC's research, covering key areas such as capital markets, fintech innovation, green and sustainable finance and others. With global financial markets becoming increasingly interconnected, cross-border exchanges remain crucial in driving sustainable growth. We look forward to further exploring synergies between the two financial markets. We sincerely thank Dr Jonathan Choi, Member of the FSDC’s ASEAN Advisory Group, for his support in facilitating this visit. Special thanks to the following organisations for the engaging discussions: Ministry of Planning and Investment, Vietnam HCMC Finance & Investment Company HCMC Institute for Development Studies HCMC Stock Exchange The State Bank of Vietnam State Securities Commission of Vietnam (SSC) Vietnam Chamber of Commerce and Industry Vietnam Institute for Economics and Policy Research

𝗙𝗦𝗗𝗖 𝗪𝗲𝗹𝗰𝗼𝗺𝗲𝘀 𝘁𝗵𝗲 𝟮𝟬𝟮𝟱-𝟮𝟲 #𝗕𝘂𝗱𝗴𝗲𝘁 #FSDC applauds the Government’s forward-looking approach, which introduces measures to enhance listing and market efficiency, foster #FinancialInnovation, and attract talent. By advancing initiatives such as family office development, green and sustainable finance, and asset digitization, the Budget strengthens Hong Kong’s position as a premier international investment hub and a vital conduit for global capital flow. As a financial super-connector bridging Mainland China and global markets, the FSDC is dedicated to embracing innovation and inclusivity for a prosperous future. By leveraging Hong Kong’s strengths, we can build a future-ready financial ecosystem that serves both local and global needs. Together, we are shaping the future with innovation, talent, and global connectivity. Press release: https://lnkd.in/gdSEF4rq #Budget2025 #HongKong #FinancialInnovation #Talent #GlobalGateway #IFC Financial Services and the Treasury Bureau (FSTB)

𝗙𝗼𝘀𝘁𝗲𝗿𝗶𝗻𝗴 𝗦𝘁𝗿𝗼𝗻𝗴𝗲𝗿 𝗧𝗶𝗲𝘀: 𝗔 𝗡𝗲𝘄 𝗖𝗵𝗮𝗽𝘁𝗲𝗿 𝗼𝗳 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝗼𝗻 𝗯𝗲𝘁𝘄𝗲𝗲𝗻 𝗛𝗼𝗻𝗴 𝗞𝗼𝗻𝗴 𝗮𝗻𝗱 𝗞𝘂𝘄𝗮𝗶𝘁 We are proud to announce the signing of a Memorandum of Understanding (#MOU) with the Capital Markets Authority - Kuwait (CMA), marking a milestone in strengthening our financial ties, unlocking opportunities in Islamic finance and investment innovation, and fostering a sustainable financial ecosystem that benefits both regions and beyond. The MOU was signed by Dr. King Au, Executive Director of the FSDC, and Prof Ahmad A. Al-Melhem, Chairman of the CMA, in the presence of four esteemed witnesses: • Mr Benjamin Hung, FSDC Chairman • Mr Andrew Weir, FSDC Vice-Chairman  • Mr Othman Al-Issa, CMA Vice-Chairman   • His Excellency Ambassador Naser S. Alghanim, Consul General of the State of Kuwait to HKSAR and Macao SAR. We look forward to delivering meaning outcomes that benefit both regions and the global financial community. Financial Services and the Treasury Bureau (FSTB) #CrossBorderCollaboration #HongKong #Kuwait #FSDC #FinancialServices #SustainableFinance #GlobalConnectivity

FSDC wishes you a prosperous and joyful Year of the Snake! 🐍 May this year bring you success, happiness, and good health. Happy Lunar New Year!