Gurus to examine world wide financial landscape at 14th Asian Economical Forum
The 14th Asian Economic Discussion board (AFF) will be held on the internet event on January 18 and 19, under the theme “Reshaping the Environment Economic Landscape”, and will cover a lot more than 50 sessions from 8.30am to 10pm Hong Kong time.
The intention is to examine the current economic landscape and take a look at world-wide company possibilities with far more than 160 influential policymakers, money authorities, traders, organization leaders and economists.


Guests at different periods will share insights on a vast variety of subjects together with the global financial outlook, socially dependable and effects investment decision, the asset and wealth management field in article-Covid era, climate-adjust threats and options for the insurance plan sector.


Mary Huen, chairperson of the AFF 2021 steering committee and CEO of Regular Chartered bank in Hong Kong, reported: “Covid has introduced unparalleled changes to the earth financial state, while the progress of vaccines will enable tackle some of the uncertainties. The global economic system is becoming reshaped even as economic and trade activities commence to get again to regular. Corporates require to aggressively embrace the new regular and turbocharge the implementation of transformation, such as technologies updates, to build new options for the economical market.”


Dr Patrick Lau, HKTDC deputy govt director, reported: “We endured a tough 12 months in 2020, which makes it all the additional essential for AFF participants to appear with each other to take a look at the latest industry developments and investigate modern remedies and financial investment chances from around the entire world. This year’s discussion board focuses on matters this sort of as sustainable progress, influence financial investment, fintech, 5G, philanthropy, household offices, entrepreneurship and undertaking cash, and will examine how businesses can transform crisis into chance beneath the new ordinary.”




1st plenary session


The pandemic has strike the world-wide economy tricky, and even as the vaccination programme gathers velocity the financial system is even now expected to recuperate at a slow pace. Irrespective of whether the world financial state will keep on on its frequent cycle or whether there will be a elementary modify brought about by the pandemic is a topic of desire to many, together with the effect of problems such as trade disputes, local weather change and technology enhancement.


The plenary session will examine the subject matter “Reshaping the World Economic Landscape”, with senior officers inspecting how the money products and services sector can contribute to the recovery of the world wide economic system and what chances await in the new financial landscape.


In the deal with of the world wide pandemic, several governments used unconventional economical insurance policies to roll out large-scale fiscal stimulus offers. The dialogue will emphasis on the performance of fiscal and financial procedures in supporting growth, and implications of the expanding use of fiscal technological innovation from the standpoint of regulators.


Wide spectrum of monetary challenges


As in earlier several years, the 4 panel discussions will be a critical concentrate of the AFF. In the session titled “Global Financial Outlook”, company leaders from the banking and money sectors will evaluate the transformation brought about by the current atmosphere of reduced fascination rates, greater compliance necessities and electronic innovation, alongside one another with a raft of problems ensuing from the pandemic. The panellists will share their views on the outlook for the world wide banking marketplace, although looking at how banking institutions ought to answer to regulatory improvements and improvements in engineering.


As socially responsible financial commitment and influence investment get much better floor, the pandemic has highlighted the significance of incorporating environmental, social and governance (ESG) factors into expenditure selections, building prolonged-expression value for businesses and creating greater returns for buyers. The dialogue on “Responsible and Influence Investment” will critique the long-term potential customers for sustainable investing.


The asset and wealth management industry has inevitably been impacted by Covid-19, but although there are worries to organization operations, the pandemic has also given increase to new answers and tactics and the emergence of new views and investment decision chances. The session titled the “Asset and Prosperity Administration Business in the Article-COVID Era” will take a look at the implications of Covid-19 on the asset and prosperity management industry, essential business traits in Asia and globally, and how market players can best situation themselves in this speedy-altering ecosystem.


Local weather alter is just one of the major rising threats in the a long time forward and is expected to reshape the framework of the financial system in the upcoming, bringing the two threats and alternatives to the real overall economy and the monetary sector. The insurance sector is anticipated to play a essential purpose in facilitating individuals and firms to deal with weather modify pitfalls and move in direction of a sustainable potential. In a dialogue titled “Climate Modify Threats and Possibilities for Insurance”, insurance policies leaders and authorities will search at how the sector is responding to climate change and how to capture chances for insurance coverage in the transition to a sustainable financial system.


Examining economic prospective customers


The effect of the pandemic and evolving global geopolitical troubles have merged to develop uncertainty in the world-wide overall economy. Around the two times of AFF, influential world-wide fiscal policymakers and enterprise leaders will get part in additional than 50 panel sessions to take a look at procedures that can help address the present-day financial situation.


Central lender digital currencies (CBDCs) are gaining traction in worldwide marketplaces. As a leading global financial centre and the world’s largest offshore renminbi hub, Hong Kong is perfectly positioned to aid the exploration and enlargement of CBDCs at the cross-boundary amount. In a dialogue themed “The Evolving Central Bank Electronic Currency Landscape”, panellists will share insights on possible use situations for CBDCs and how Hong Kong’s burgeoning fintech ecosystem can get superior equipped for the chances that lie forward.


This year’s discussion board will also attribute a selection of “Fireside Chat” periods showcasing experts from different fields, who will share insights on subjects these as technological innovation progress tendencies, enterprise funds, investing in the “she economy”, financing the circular financial system, and the condition of blockchain, delivering functional advice on how to start off a productive organization.


This year’s AFF will also kick off the “Dialogues for Tomorrow” series to evaluate the effects of Covid-19 on sectors these kinds of as banking, insurance, fintech, electrical power, health care, food items and agriculture and big tech, enabling market gamers to get a improved comprehending of the present scenario and means in which they can greatly enhance their competitiveness.


Showcase for improvements and expenditure options


The Fintech Showcase, FintechHK Startup Salon, InnoVenture Salon and World Financial commitment Zone will return in a digital structure for the 2021 AFF. The AFF Deal Move Matchmaking Session will arrange one-on-one particular conferences amongst much more than 670 traders, job proprietors and commence-ups to carry jointly cash and financial commitment assignments from all around the globe on a digital system. Much more than 700 conferences will be organized, masking financial commitment jobs like the Web of Items, digital technologies, healthtech, fintech, schooling, environment and electricity, food and agriculture, infrastructure and serious estate.


The InnoVenture Salon will continue to empower start-up enterprises by developing connections with global investors and possible enterprise partners, joining palms with Hong Kong economical regulators to remedy start off-up issues.


It will also present the inaugural “AFF Accelerate”, an open up innovation problem jointly organised by the HKTDC, 500 Startups and FWD Group, inviting start off-up business people to devise insurance policies technologies remedies for the insurance policy market, bringing innovative strategies into the professional environment.


Visit https://www.asianfinancialforum.com/aff/en/ for much more info.

