Equipment Leasing and Finance Association’s Post

John Ashbourne, in association with the Casablanca Finance City Authority (CFCA) shares key facts about #AfCFTA. Find out more about the impact of the AfCFTA deal: https://ow.ly/yWks50QU4RN Discover how our Advisory service can support you with bespoke research and co-branded content: https://ow.ly/XyIh50QU8vW #ConnectedThinking #Advisory #CFCINSIGHTS

Be Aware all the Financial Experts. SEBI imposed a fine of Rs 7.41 cr on some guest experts who appeared on Zee Business. The penalty is for making unlawful gains based on advance information. #SEBI #FinancialExperts #ZeeBusiness #50BusinessNews #BusinessNews #bikashsharmabb

#GIFT #IFSC #Update #Valuation of Assets of Schemes under IFSCA (Fund Management) Regulations, 2022 by Credit Rating Agencies at IFSC. Securities and Exchange Board of India (SEBI), vide #circular dated July 19, 2024 have permitted #CreditRatingAgencies registered with #SEBI to undertake rating activities in the IFSC. Therefore, CRAs registered with SEBI, desirous of providing rating services in the IFSC, shall apply for registration with IFSCA in accordance with the requirements provided under the IFSCA (Capital Market Intermediaries) Regulations, 2021. Now CRAs registered with IFSCA may also undertake the valuation of assets of the schemes under IFSCA (Fund Management) Regulations, 2022. Before 25 July, #FundAdministrators, #Custodians registered with the Authority as well as valuers registered with the Insolvency & Bankruptcy Board of India (IBBI) were allowed to undertake the valuation of assets of the schemes registered under the FME Regulations. Circular link is attached for reference: https://rb.gy/tahq43 https://rb.gy/x4brgl IFSCA Official | GIFT City #Schemes #Fund #Management #Developments #IFSCA #GIFTCity

SEBI CIRCULAR UPDATE 📢 ENABLING CREDIT RATING AGENCIES TO UNDERTAKE RATING ACTIVITIES UNDER IFSCA 📈 The Securities and Exchange Board of India (SEBI) has issued a new circular enabling Credit Rating Agencies (CRAs) to undertake rating activities under the International Financial Services Centres Authority (IFSCA) guidelines at IFSC-GIFT City. 🌐🏙️ Key Points: 🔹 Regulatory Inclusion: IFSCA is now added to the list of financial sector regulators under which CRAs can operate, per the SEBI (Credit Rating Agencies) Regulations, 1999 and the Master Circular for CRAs dated May 16, 2024. 🔹 Jurisdiction and Oversight: CRAs operating under IFSCA guidelines will fall under the purview of IFSCA. 🔍 IFSCA will handle all issues, complaints, and enforcement actions related to CRAs' activities in the IFSC, empowered by Sections 12 and 13 of the IFSCA Act. 🛡️⚖️ 🔹 Immediate Effect: This circular is effective immediately to ensure investor protection and promote market development. 🚀 This development marks a significant step in integrating CRAs' operations with global financial standards, enhancing their ability to operate within the international financial hub of IFSC-GIFT City. 🌏✨ For detailed information, refer to SEBI's circular dated July 19, 2024. #SEBI #IFSCA #CreditRating #Finance #Regulation #MarketUpdate #GIFTCity 💼📊

If your financial ‘planner’ is an unqualified CEO and ‘his team’, then here are a few quick reminders to ensure your best interests are considered: 1. Do not feel forced into investing 100% in equities - advisers lacking empathy or experience in dealing with real wealth often don’t appreciate the security that comes from holding multiple asset classes. 2. A review report should not be a 2-page portfolio overview lacking detail, with no recommendations or financial planning element. 3. If a company cannot retain its own staff, it has no divine right to retain you as a client. 4. If senior staff with decades of experience join and exit the business within months - buyer beware. 5. Dubai based expats should deal exclusively with DIFC firms. If a DIFC firm is giving you advice from their onshore entity, caution is required. 6. Only use firms with legitimate accolades from well known and prestigious organisations - at GSB | B Corp™ we are the only international Chartered financial planning firm, as judged by the The Chartered Institute for Securities & Investment (The CISI). #AvoidExpatScams #SCAM

Press Release BVI MAINTAINS ROBUST REGULATORY ENVIRONMENT TO SUPPORT LEGITIMATE BUSINESS The British Virgin Islands Financial Services Commission (FSC) is making substantial strides in its regulatory framework to cement the BVI's position as a leading global financial centre. In a BVI Finance Breakfast Forum, on the 24th of July, Glenford Malone, Deputy Managing Director of Regulation, highlighted the FSC's commitment to implementing the recommendations from the Caribbean Financial Action Task Force’s Mutual Evaluation Report and other key regulatory updates. "The response from our industry partners has been exceptional, allowing us to make rapid progress on key regulatory actions," Malone said. "Since the report's publication, we've seen exceptional engagement from various sectors, enabling us to advance on several significant legislative amendments." Key Legislative Amendments and Industry Collaboration Malone emphasized the critical role of industry feedback in refining the Business Companies Amendment and other regulations. "We have incorporated the industry's insights to ensure that the BVI remains competitive while adhering to global standards," he noted. These legislative amendments reflect a balance between robust regulation and industry needs, ensuring that BVI remains an attractive jurisdiction for legitimate business activities. To read more, click the link below: https://lnkd.in/eXR6jSzg #BVI #BVIFinance #Regulations #BVIFinancialServices

International Financial Services Centres Authority (IFSCA) has issued a Consultation Paper on IFSCA (Informal Guidance) Scheme, 2024. All stakeholders are requested to provide their feedback/comments on the proposed Scheme by September 10, 2024.   📄 The Scheme intends to provide an avenue for financial institutions and persons intending to set up a Unit in IFSC to seek clarity and guidance on various issues pertaining to their potential business activity and transactions, which are under the regulatory ambit of IFSCA.   For detailed information, please visit IFSCA website or access the consultation paper here.   🌟Your comments will help in facilitating Ease of Doing Business in GIFT-IFSC further! 🌟   #IFSCA #Informalguidancescheme #ConsultationPaper #GIFTIFSC #Finance #PublicConsultation

CBAM reporting is on the calendar for January - so be prepared. Read how our exports can help you! #CBAM #PwC #solvers #customs #internationaltrade

𝗕𝗿𝗶𝗱𝗴𝗶𝗻𝗴 𝘁𝗵𝗲 𝗔𝗱𝘃𝗶𝗰𝗲 𝗚𝗮𝗽: 𝗔𝗱𝘃𝗼𝗰𝗮𝘁𝗶𝗻𝗴 𝗳𝗼𝗿 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝗮𝗻𝘁𝘀 𝗶𝗻 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗔𝗱𝘃𝗶𝗰𝗲 🌐💼 🔍 In its submission to Treasury, the SMSF Association advocates for a tailored licensing framework to enable qualified accountants to provide financial advice.    📉 Highlighting concerns about the shrinking pool of financial advisers and the emerging advice gap.    🔑 Emphasizes the crucial role accountants can play in advising SMSF members.    ⏳ Urges urgent legislative action to address the oversight of accountants in the Quality of Advice Review.    💡 Proposes a more practical licensing regime for accountants.    🤝 By bridging the gap between financial advisers and proposed advice models for superannuation funds.   📈 Accountants can enhance access to quality advice, especially for clients facing cost barriers.   📚 Underscores the need to expand the role of accountants in improving financial literacy and addressing tax-related matters.   🚀 Calls for swift government action to rectify the current regulatory misalignment. SMSF Association Financial Advice Association Australia (FAAA) CPA Australia Infinity Globus Australia Vivek Shah Tejas Gandhi, CA CPA, Co-Founder and Director Brijesh Purohit Amit B. Aman (Adam) Singh Nirmal Bhavsar #cpaaustralia #financialadvisory #smsf #accountingfirm

Receiving 'The Best Islamic Finance Cooperative’ Award by a global authority in Islamic Finance is not just a testament to our efforts, but a reflection of the unwavering trust and support our members and the community have placed in us. Read more about this remarkable achievement in the latest feature by AMUST: https://buff.ly/3vKTl5j