Digital Treasures Center Secures MPI Licence to Provide Digital Payment Token and Other Payment Services in Singapore

Singapore, Aug 1, 2022 – (ACN Newswire) – The Monetary Authority of Singapore (MAS) has granted Digital Treasures Center (DTC) the Major Payment Institution (MPI) licence. Securing the full licence means DTC has exited from the exemption status and is now a fully regulated provider (MAS licence number: PS20200531) of Digital Payment Token (DPT) and other payment services under the Payment Services Act (PSA).

Ms. Alice Liu, Chief Executive Officer and founder of DTC

“We are excited to obtain the full licence from MAS. With the full licensing, we will continue to build on the good work that the team is currently doing while looking to expand our footprint globally starting from our ASEAN neighbours,” said Ms. Alice Liu, Chief Executive Officer and founder of DTC. “Our base in Singapore provides us with the unique competitive advantage in leverage the country’s strong business infrastructure, strong government support, innovation ecosystem and strong regulatory framework to allow us to expand our company.

Effect 1 August 2022, DTC will be providing the following payment activities under the MPI licence:

  1. Account Issuance Service – open accounts for merchants and consumers to accept and pay e-money and non-card transactions.
  2. Merchant Acquisition Service – enable merchants to leverage DTC services to accept and process payment transactions online and offline.
  3. Domestic Money Transfer Service – provide local money transfer services in Singapore.
  4. Cross-border Money Transfer Service – provide cross-border money transfer services globally.
  5. E-money Issuance Service – issue e-money for merchants and consumers.
  6. Digital Payment Token Service – facilitate transactions with digital payment tokens.

“We are grateful for the support and trust that our clients and community have given us over the years. We are optimistic about the future of cryptocurrency as a use case for payment. Over the past few months, we are seeing an uptick of enquiries and onboarding from merchants and companies from healthcare to music, F&B and automobiles on enabling crypto payments,” Liu said. “As crypto payment gains momentum, we are hopeful to see more merchants from various industries coming onboard to accept crypto as an additional form of payment.”

About Digital Treasures Center

Digital Treasures Center Pte Ltd (“DTC”) is an enterprise payment service provider incorporated in Singapore with PCI-DSS level 1 certification and winner of the prestigious Fintech Partner Award at Singapore Fintech Festival. Our payment solution – DTC Pay, offers clients and merchants the ability to receive and settle payment, including cryptocurrency. DTC Pay is compliant, fast, secure and cost efficient. DTC is dedicated to building the payment infrastructure that would allow merchants and consumers to interact with fiat and cryptocurrency seamlessly.

Find out more at www.dtcpayment.com

For media related queries, please contact:
Mr. Desmond Yong
Email: desmond.yong@dtcpayment.com
Mobile: +65 8889 7802



Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

BFSI leaders in India are gathering to discuss the roadmap for the future of the BFSI sector in the country

Officially supported by NITI Aayog, the 10th edition of Big BFSI Future Tech Show & Awards is convening top-tier CXOs in India; to exchange information and effective techniques as they prepare for the next phase of tech-powered growth in India. Big BFSI Show and Awards is set to take place on 27 July 2022 at the Taj Lands End in Mumbai.

MUMBAI, INDIA, July 25, 2022 – (ACN Newswire) – Big BFSI Future Tech Show and Awards is hosting technology leaders from across India to meet, network, learn, and engage with some of the world’s most renowned technology thought-leaders, subject matter experts, and technology innovators in a constructive, open-dialogue environment – to find solutions to issues impeding their operations and services.

The show will feature interactive sessions, insightful tech talks, panel discussions and, engaging networking opportunities, providing a hands-on learning experience to the technology stakeholders converging from the Indian BFSI & NBFC space. Top tech leaders and key decision-makers will engage in dialogues on redefining the future of banking and discuss varied topics such as:

  • The Rise of Challenger Banks in India
  • The Future of Money
  • Transactions and the Decline of Cash
  • Data-driven CX for higher RoI
  • Chatbots as ‘Financial Concierge’
  • A transition towards Green Banking and much more.

The show will feature a ground-breaking collaboration of experts such as

  • Amitabh Ranjan, Chairman, Reserve Bank of India
  • Anila Rao, VP – APAC, Haptik
  • Sumeet Puri, Chief Technology Solutions Officer, Solace Corporation
  • Chandan Gupta, Vertical Head – Data Center Services, Web Werks – Iron Mountain India DCs
  • Harshwardhan Mittal, CTO, Yubi Pvt. Ltd (Formerly CredAvenue)
  • Somayajula Shekhar Rao, Head Sales – Strategic Accounts – EFLV India, Tata Communications Limited
  • Srinivasa Raghavan, Director, Product Management, Site24X7
  • Mohan Bhat, MD & Co-founder, Accops
  • Mahesh Ramamoorthy, CIO, Yes Bank
  • Amit Saxena, CTO, RBI, Innovation Hub
  • Prashant Thakkar, COOT, LIC Mutual Fund Asset Management Ltd (LICMF)
  • Nandkishore Purohit, Chief Digital and Technology Officer-IIFL Securities
  • Pinak Chakraborthy, CIO, Airtel Payment Bank
  • Karthikeyan Krishnaswamy, Co-founder and CTO, KreditBee
  • Navaneethan M, SVP- CISO & Head-it, Groww
  • Naseem Halder, CISO, Acko
  • Dheepak Rajoo, SVP, Digital Banking Technology, PMO, HR Technology, IT Governance RBL Bank
  • Prasanna Lohar, Chief Innovation Officer, DCB Bank, to name a few…

The show will feature Big BFSI Awards, an awards ceremony to honour the top 100 Leaders in India for their technology leadership, strategic influence, and significant contribution towards delivering excellence and innovation in the BFSI domain.

The winners will be announced at the Big BFSI Future Tech Show & Awards on 27 July 2022, taking place at Taj Lands End in Mumbai, India.

The event will also host an exciting contest wherein 10 lucky winners will be awarded with gift hampers. The show will conclude with a networking cocktail for the attendees.

While speaking about the event, CEO of Trescon, Mithun Shetty stated “After 9 successful editions, we are excited to bring yet another Big BFSI Show and Awards which is bringing together pre-qualified leaders, marketers, and experts under one roof to provide the attendees with actionable insights for their business strategy through a mix of informative sessions, keynotes, case studies, fireside chats, one-on-one sessions, and panel discussions.” He further added, “The show will revolutionize the future of banking, innovation and technology, and everything will be in one distinct landscape where trust is the only thing you have to sell in banking and finance.”

Partners at Big BFSI Future Tech Show & Awards include:

Supported ByNITI Aayog
Gold partnersWeb Works and Iron Mountain, Haptik Technologies Limited, Solace
Award PartnerYubi
Silver partners Denodo, Accops, Tata Tele Business Services (TTBS) and Site 24X7
Bronze partnersNeoSOFT Technologies, Dista, ManageEngine and Kaleyra

To claim your complimentary passes to the event please visit the official event website.

About Big BFSI Future Tech Show

Big BFSI Future Tech Show & Awards is a thought-leadership-driven, business-focused effort that offers a platform for tech professionals who wish to investigate and use cutting-edge future technology within their company.

About Trescon

Trescon is a global business events and consulting firm that provide a wide range of business services to a diversified client base that includes corporations, governments and individuals. Trescon is specialized in producing highly focused B2B events that connect businesses with opportunities through conferences, roadshows, expos, demand generation, investor connect and consulting services.

For further details about the announcement, please contact:

Sagari S Satthianadhan,
Media, PR & Corporate Communications, Trescon
+91 81059 75937
media@tresconglobal.com



Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

ING spins out Pyctor digital assets technology to GMEX Group

London and Amsterdam, Jul 12, 2022 – (ACN Newswire) – ING announced today that it has spun out Pyctor to GMEX Group ("GMEX"), a leader in digital business and technology solutions for exchanges and post-trade market infrastructure.

Pyctor's digital post-trade market infrastructure technology is designed for firms operating in regulated environments. It provides highly secure digital custody and transactional network services for a broad range of digital assets, as well as delivering interoperability between permissioned and public blockchains. Pyctor was incubated in ING Neo's Amsterdam innovation lab, in collaboration with major financial institutions and regulators.

Pyctor is now a service offering within GMEX. Hirander Misra is appointed Chairman of Pyctor with other senior appointments to be announced in due course. ING will continue its relationship with Pyctor and collaborate through ING's digital assets team.

Olivier Guillaumond, Global head of innovation Labs & Fintechs, ING commented: "After spinning out Stemly last year from ING Labs Singapore, Pyctor has been another innovation success story at ING Neo. ING Labs incubated Pyctor leveraging ING's DLT expertise, deep digital assets knowledge and continuous feedbacks from regulators and network participants. We now have found the right partner in GMEX to scale Pyctor to the next stage. It brings the ideal connectivity between multiple trading parties and digital assets custodians, while addressing interoperability issues experienced in the market."

Hirander Misra, CEO of GMEX Group said: "Pyctor's decentralized network of institutional participants and Multi-Party Computation (MPC) proprietary custody technology offering compliments and strengthens the breadth of GMEX's MultiHub 'global network of networks' as part of our strategic ethos of stimulating growth in the digital assets market". He added: "With this acquisition, GMEX Group consolidates its position as the first platform to offer an end-to-end multi-asset, multi-sector Hybrid Finance (HyFi) solution that bridges the gap between off-chain Traditional Finance (TradFi) and on-chain Decentralized Finance (DeFi) across jurisdictions."

Combining the Pyctor digital assets post-trade market infrastructure for global custodians, institutional issuers and other capital market actors with GMEX's MultiHub will empower financial markets participants to securely issue, access, manage, store and transact digital assets in a regulatory compliant manner alongside their traditional assets.

About ING

ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is empowering people to stay a step ahead in life and in business. ING Bank's more than 57,000 employees offer retail and wholesale banking services to customers in over 40 countries.

ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).

Sustainability forms an integral part of ING's strategy, evidenced by ING's leading position in sector benchmarks.

ING's ESG rating by MSCI was upgraded to 'AA' in December 2020. ING Group shares are included in major sustainability and Environmental, Social and Governance (ESG) index products of leading providers STOXX, Morningstar and FTSE Russell. In January 2021, ING received an ESG evaluation score of 83 ('strong') from S&P Global Ratings.

For further information on ING, please visit www.ing.com. Frequent news updates can be found in the Newsroom or via the @ING_news Twitter feed.

About GMEX Group

GMEX is a global market infrastructure vendor providing multi-asset trading, exchange matching engine and post-trade business solutions, and Ecosystem-as-a-Service (EsaaS) technology.

These include, the GMEX MultiHub, which is a cloud based trading and post trade digital market infrastructure platform that as a 'multi-asset network of networks' facilitates a first of its kind collaboration across major institutions, regulatory regimes and start-ups with the goal of bringing digital assets to a wider audience.

For more information visit www.gmex-group.com or Twitter @GMEX_Group

About Pyctor

Pyctor is an institutional-grade custody solution for the digital asset ecosystem.
It provides safekeeping and transaction services for any digital assets, by utilising its patent-pending multi-signatory and multi-party approval protocol.

The solution implements a decentralized operating model that leverages upon hardware technologies like Hardware Security Module (HSM), as well as proprietary Multi-Party Computation (MPC) software. The benefits of this approach are increased security, resilience, 24/7 availability and risk mitigation.

Pyctor's Travel Rule Module (Pyxis), offers FATF Rule 16 compliance and is compatible with the Travel Rule Protocol (TRP). It enables regulated DeFi and digital assets AML compliance.

For more information visit https://www.pyctor.com/

Media Contacts

GMEX Group & Pyctor
Helen Disney
The Realization Group
Tel: +44 (0)7792 376 546
Helen.disney@therealizationgroup.com
pr@gmex-group.com

ING Group
Marc Smulders
Tel: +31 (0)20 5762847
marc.smulders@ing.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

In Full Support of the Entrepreneurship of Hong Kong Youths, GF Securities Sponsors the HKUST Entrepreneurship Competition for the 6th Consecutive Year

HONG KONG, Jul 6, 2022 – (ACN Newswire) – The HKUST-Sino One-Million-Dollar Entrepreneurship 2022 Competition, sponsored by GF Securities Co., Ltd. ("GF Securities", stock code: 1776.HK; 000776.SZ) for the 6th consecutive year, has come to a successful end. After an intense competition, FLASH Diagnostics, which focused on developing an effective, low-cost, accurate and user-friendly handheld diagnostic testing platform, emerged with flying colours and won the "GF Innovation Award" sponsored by GF Securities. Their project put convenience and quality at the forefront of patients' nursing plans and was therefore highly commended and well received by the judges.


Mr. Liting Xiong (Left), Chief Executive Officer of GF Holdings (Hong Kong) Corporation Limited, presenting the "GF Innovation Award" to Flash Diagnostic


Established in 2011, the HKUST-Sino One-Million-Dollar Millions Entrepreneurship Competition has been held for 12 sessions. As the platinum sponsor of the competition for 6 consecutive years, GF Securities has fervently supported innovation and entrepreneurship of youths and has established the "GF Innovation Award" for 4 consecutive years to encourage and commend outstanding entrepreneurial teams in the field of innovation. The competition has expanded from Hong Kong to other regions in China since 2016 and has become a well-known entrepreneurial competition in Greater China, giving rise to numerous widely recognized entrepreneurial teams and projects. The competition this year covers other regions including Macau, Beijing, Foshan, Guangzhou, Shenzhen, and the Yangtze River Delta. The top 3 teams from Hong Kong will compete with the winners from the other 6 regions in the national finals for the exclusive million-dollar championship.

This year's competition in Hong Kong consisted of four rounds, attracting the participation of 175 teams. Projects covered various topics ranging from medical health, renewable energy, to smart technology. As the long-term sponsor of the competition, GF Securities proactively participated in the competition progress and was invited to the prize giving ceremony as one of the award presenters. Mr. Liting Xiong, Chief Executive Officer of GF Holdings (Hong Kong) Corporation Limited ("GF Hong Kong"), said, "The participants of this year's competition brought us innovative and groundbreaking projects covering different fields which filled up some of the lacunae in the commercial landscape. This competition has once again witnessed the strength and experience that HKUST has in fostering entrepreneurship. As an industry leader, GF Securities is committed to making full use of domestic and overseas capital markets to support quality enterprises at different stages of development. We will also continue to render our full support to outstanding entrepreneurs, promote the development of start-ups, and help young people realize their ideas and ambitions on their roads to entrepreneurship."

Ms. Mai Xiaoying, Executive Director of Private Equity at GF Investments (Hong Kong) Company Limited, provided professional advice and guidance to the participants as one of the judge panellists in the finals. Ms. Mai said, "I am so honored to act as one of the judges on behalf of GF Securities. As a direct investment firm that specializes in domestic and overseas premium equity and equity-like investments, GF Investments (Hong Kong) possesses vast resources for start-up investments and has ample management experience. GF Investments (Hong Kong) has always paid close attention to outstanding start-ups in various fields. This year's competition was particularly intense, and the excellent performance of the entrepreneur teams illustrated how passionate Hong Kong's youths were about entrepreneurship and innovation. GF Securities and its subsidiary will continue to help exceptional projects obtain funds and resources in order to boost the development of start-ups and to nurture more brilliant entrepreneurs."

As one of the most influential securities companies in China's capital market, GF Securities has always exerted its influence in devoting itself to substantial charity work. In the past 7 years, GF Securities has provided supporting funds of 5.5 million to over 300 projects in support of the youth's scientific and technological innovation achievements. With the participation of more than 200 micro-entrepreneurship tutors and nearly 40 universities, including Peking University and Tsinghua University, the campaign has impacted tens of millions of people through various online and in-person events, encouraging more students to participate in innovative and entrepreneurial projects, further promoting the integrated development of production, education and research. Due to its innovative practices and achievements in combatting the epidemic and in public welfare poverty alleviation, GF Securities was awarded the "2021 Philanthropy Collective Award" at the 11th Philanthropy Festival, recognising the Company's improvements in its comprehensive evaluation of social responsibility and its increasing brand influence. In the future, GF Securities will continue to adhere to its core value of "Gathering Love From the Bottom of the Heart", actively fulfil its social responsibilities, and strive to enhance the vigorous development of youth entrepreneurship both domestically and abroad.

About GF Securities Co. Ltd
Established in 1991, GF Securities Co., Ltd. is one of the first full-service securities firms in China. The Company was successfully listed on the main boards of the Shenzhen Stock Exchange (Stock code: 000776.SZ), and the Hong Kong Stock Exchange (Stock code: 1776.HK), in 2010 and 2015 respectively. Due to its excellent business performance, its continued refinement in risk management and its quality services, the company has achieved sustained and steady development, and remains one of the most influential securities companies in China. With holding position of GF Futures, GF Xinde, GF Qianhe, GF Asset Management, GF Holdings (Hong Kong), Guangfa Financial Leasing and GF Fund Management and investment in E Fund (tied the largest shareholder), the Company has formed a group structure and continuously improved its customer service capability. As of December 31, 2021, the Company operated 25 subsidiaries and 284 brokerage branches across 31 provinces, cities, and autonomous regions throughout China. The Company's market-leading capital strength and profitability has allowed it to rank top among domestic listed securities companies in terms of aggregate market value. "Enhancing Knowledge and Seeking Practical Contributions" lies at the heart of the Company's values and the Company is dedicated to its mission of "Making its Dreams of Repaying the Country with Financial Value Come True", as well as putting its philosophy of "Operating steadily, Maintaining innovation and Delivering results" into practice. In advocating professionalism, innovation, and committing themselves to achieving professional development, the Company strives to develop into a first-class investment bank and wealth management institution.


Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

AIIB Commits US$100 million in CEL Infrastructure Investment Fund II

HONG KONG, Jul 5, 2022 – (ACN Newswire) – CEL Infrastructure Investment Fund II ("Fund II"), a private equity fund sponsored and managed by China Everbright Limited ("CEL", stock code: 165.HK) has made significant progress in fundraising. On June 29, 2022, Asian Infrastructure Investment Bank ("AIIB") approved to commit of US$100 million including up to US$25 million co-investment sleeve in Fund II. AIIB is a multilateral development bank with 105 members from all over the world. Its vision is to finance "Infrastructure for Tomorrow" with sustainability at its core. AIIB is committed to unlocking new capital and investing in green, technology-enabled and cross-border connectivity infrastructure to promote sustainable economic development and regional connectivity in Asia and around the world. This will be the first time funds managed by CEL have raised capital from a multilateral development bank, marking a new stage of internationalization, professionalization and marketization for CEL. Fund II will focus on climate finance and ESG investing, and will introduce ESG investment, management, assessment and evaluation policy with international standards in order to ensure that future investments will have real-world positive impacts on addressing climate change and improving the environment and society.

Overseas Infrastructure Investment Fund team (the "Team") is one of the major teams under CEL pursuing overseas investment. Everbright Overseas Infrastructure Investment Fund L.P. ("Fund I"), established and managed by the Team, deployed more than US$450 million in infrastructure assets in Europe, Southeast Asia and Hong Kong SAR. Fund I, now at its harvest period, has achieved outstanding performance amongst its peers with distribution to paid-in capital over 1.0x. The Team is raising Fund II with a target size of US$600 million, focusing on green and low carbon themes. Fund II will primarily invest in renewable energy, new infrastructure and logistics projects in Southeast Asia and some other Asian countries. Fund II is expected to have its first closing within 2022.


Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Nomination Opens for “Directors Of The Year Awards 2022”

HONG KONG, Jun 22, 2022 – (ACN Newswire) – The "Directors Of The Year Awards 2022" organised by The Hong Kong Institute of Directors ("HKIoD") is open for nomination now. Themed "From Resilience to Sustainability", the Awards this year recognises directors and boards capable of leading their companies in adapting to changes and, with outstanding governance thinking and practical strategies skills, taking their companies towards sustainable development in the ever-changing business environment.



Dr Christopher To, Chairman of HKIoD, said, "Leadership in crisis calls for the ability to rethink and redefine some long-standing values or structure, and also the courage and strength to brave the uphill. In the at large uncertain environment now, we must keep learning, evolving, adapting and changing, to make sure the 'new normal' is a 'better normal'. Marking HKIoD's 25th Anniversary, this year's award is themed 'From Resilience to Sustainability', reflective of what we have learnt over the years. Resilience is the most important quality a company needs to survive in the ever-changing world and sustainability is the ultimate goal of every company. I hope all of you can nominate directors and boards standing out in these two aspects, that we may take as examples to inspire all in the business sector to excel."

Mr Richard Ho, Chairman of 2022 Directors Awards Organising Committee, said, "When discussing the award theme this year, the Committee thought though the global scene is still unpredictable and challenging, it has become clearer. Thus, we decided to have 'From Resilience to Sustainability' as the theme easier to grasp. We hope to commend those outstanding leaders who braved the challenges from the pandemic and helped their companies achieve good results, and also to remind those in different sectors to set their eyes on long-term strategy and advance towards their sustainable development goal."

Dr Carlye Tsui, CEO of HKIoD, said, "All of us, companies or individuals, have gotten used to staying clam in the turbulent environment. With our feet firmly on the ground, it is time that we head again towards our long-term targets. Directors, as leaders of a company, should be sensitive at all times to changes in the market and plan the 'next step' to take. For example, Web3.0 is the latest and a major trend likely to bring revolutionary changes in the near future to all of us. Business leaders who do not have a good understanding of it might just miss the opportunities that come with it. Offering diverse and innovative courses, HKIoD helps members refresh what has been learnt and acquire new knowledge, so that they may be ready any time to take their companies forward."

Nomination for the Awards will close on 1 August 2022. On the Judging Panel are business leaders, professionals and regulatory body representatives in Hong Kong. The Directors Of The Year Awards 2022 recognise excellence in the following categories:

Company Categories / Director Categories
1. Listed Companies / 1. Executive Directors
2. Non-Listed Companies / 2. Non-Executive Directors
3. Statutory/Non-Profit-Distributing Organisations* / 3. Boards
Notes: *A non-profit-distributing organisation is defined as an organisation which profits are not distributed to its shareholders, members, directors, employees or any other persons, and with objectives including, but not limited to, charitable welfare, social service, health and medical care, education, research, trade and industrial alliance, professional advancement, self-help support, etc.

The selection criteria for winners in the Individual Director Categories include: successful pursuit of strategic corporate business/non-profit functions, contribution to board effectiveness in strategic planning and monitoring of performance, implementing compliance, risk control and accountability measures, managing change and succession, and leadership and other attributes and qualities, including keen at continuing professional development, business ethics and other achievements. As for the Collective Board Categories, the judging criteria include: board composition, effectiveness in pursuing strategic corporate/non-profit functions, development and execution of strategic plans and monitoring of performance, implementing compliance, risk control and accountability measures, managing change and succession, development of the board, effectiveness of board committees, business ethics and other achievements.

The Awards nomination form and related information are available on The Hong Kong Institute of Directors website www.hkiod.com.

About Directors Of The Year Awards
Launched in 2001, the Directors Of The Year Awards was the first of its kind organised in Asia. It is now an annual project of impact in the community. Its objectives are to recognise directors and board of directors for outstanding director practices and corporate governance, to publicise the significance of good corporate governance and to promote awareness of good corporate governance and director professionalism in Hong Kong. Nominations are open to the public. As good corporate governance is vital to all types of organisations, and professional practices from directors in all board roles are encouraged, the Awards recognise excellence in categories by company types, including listed companies, private companies and statutory/non-profit-distributing organisations, and categories by roles, including Executive Directors, Non-Executive Directors and Boards. For more details on the previous years' Awards, please visit http://www.hkiod.com/dya-awardees.html.

About The Hong Kong Institute of Directors
The Hong Kong Institute of Directors is Hong Kong's premier body representing directors to foster the long-term success of companies through advocacy and standards-setting in corporate governance and professional development for directors. A non-profit-distributing organisation with membership consisting of directors from listed and non-listed companies, HKIoD is committed to providing directors with educational programmes and information service and establishing an influential voice in representing directors. With international perspectives and a multi-cultural environment, HKIoD conducts business in biliteracy and trilingualism. Website: http://www.hkiod.com.

Media Enquiries:
Strategic Public Relations Group
Brenda Chan +852 2114 4396 brenda.chan@sprg.com.hk
Chak Yau +852 2114 4395 chak.yau@sprg.com.hk
Fax: +852 2114 4948

Directors Of The Year Awards 2022 Enquiries:
The Hong Kong Institute of Directors
Odessa So +852 2889 4988 odessa.so@hkiod.com
Joanne Yam +852 2889 1414 joanne.yam@hkiod.com
Fax: +852 2889 9982


Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Asia’s Payments, E-Commerce & Banking Leaders to Gather Live Online in June, to Chart the Future of Commerce in the Region

Singapore, Jun 15, 2022 – (ACN Newswire) – Seamless Asia (www.terrapinn.com/virtual/seamless-asia/index.stm) returns live online this 22-23 June, gathering over 1,700 attendees virtually to explore the latest innovations in Asia across the payments, e-commerce and banking sectors.



"With digital payments in Asia forecast to exceed US$350 billion by 2026, e-commerce spending in Southeast Asia expected to reach US$180 billion by 2025 and more than 40 million new users joining the internet economy every year, there's never been a more exciting time in commerce," says Paul Clark, Managing Director – Asia for Terrapinn. "Over the last two years, these sectors have been at the forefront of innovation – now it's time to make sure they are positioning themselves for a post- pandemic era and securing their future growth. Seamless Asia offers them exactly that."

Seamless Asia will bring together over 100 expert speakers across six key content pillars: payments innovation, e-commerce strategy, online payments, e-commerce marketing, banking and financial inclusion. Attendees will enjoy free access to all sessions on the platform, and all sessions will be available for on-demand viewing for one month after the event, truly offering attendees a chance to fit the event around their own schedule. Speakers at the event include:

– Bonnie Mak, Head of eCommerce, Samsung
– Julian Foo, Head of Payments & Instore, ShopBack
– Theodora Lai, Chief Strategy Officer, Burpple
– Brad Jones, Chief Executive Officer, Wave Money
– Vrutika Mody, Head of Global Partnerships, GoPay
– Kannan Rajaratnam, Regional Director of Payments & Customer Operations, Zalora
– Jessica Lam, Chief Strategy Officer, WeLab
– Dmitry Bocharov, Chief Product Officer, BigPay
– Sarita Singh, Regional Head & Managing Director, Southeast Asia, Stripe
– Cecilia Chan, Head of Marketing Hong Kong, Carousell Group
– Dennis Valdes, President, Cebuana Lhuillier Bank
– Kristy Duncan, Founder & CEO, Women in Payments
– Arvie de Vera, Co-Founder & Chief Executive Officer, UnionDigital
– Loek Berendsen, Global Platform Strategy Leader, IKEA
– Esel de Sagun-Madrid, Head of Data Science & Advanced Analytics, Metrobank
– Karthick Chandrasekar, Head of Product & Commercial, Digital Payments Group, DBS Bank
– Sonal Kapoor, Senior Director, Flipkart
– Kell Jay Lim, Head of Grab Financial Group (FinTech), Grab
– Jean Thomas, Chief Marketing Officer, Pomelo Fashion
– Debbie Watkins, Chief Executive Officer & Co-Founder, LUCY

More than 30 sponsors, exhibitors & partners are supporting this year's virtual edition of Seamless Asia, including Title Sponsor Stripe, returning for the third year, Customer Retention Sponsor CleverTap and Platinum Sponsors Limelight Networks & Zendesk. All sponsors & exhibitors will be hosting a virtual booth on the platform for attendees to find out more about their products and services. Attendees will get a chance to interact directly with their teams.

Details of the two-days event are as follows:
Seamless Asia 2022
22-23 June 2022 | Virtual Free-to-Attend

About Terrapinn

Terrapinn has been sparking ideas, innovations and relationships that transform business for over 30 years. Using our global footprint, we bring innovators, disrupters and change agents together, discussing and demonstrating the technology, strategies and personalities that are changing the way the world does business. Whether you're looking to make new connections, introduce product or inspire change in your industry, we invite you to join us as agitators of change. Terrapinn – spark something.

Press attendance is complimentary. Enquiries should be directed to:
Jia Le Lim
Marketing Manager
Terrapinn Asia
jiale.lim@terrapinn.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Dah Sing Bank and Friends of the Earth (HK) Jointly Present: The SME ESG Best Practices Recognition Programme

HONG KONG, Jun 8, 2022 – (ACN Newswire) – Dah Sing Bank, Limited ("Dah Sing Bank") and Friends of the Earth (HK) have jointly launched the "SME ESG Best Practices Recognition Programme" ("the Programme") today. The Programme encourages SMEs to adopt best practices in environmental, social and governance (ESG), enhancing their competitiveness while achieving sustainable development. The major initiative at today's kick-off ceremony was the "Partnership Commitment Signing Ceremony" to mark the contribution to the realisation of the United Nations Sustainable Development Goals (UNSDG). The Programme is the first ESG Recognition Programme targeting SMEs in specific industries. It is also one of the highlights of Dah Sing Bank's 75th anniversary celebrations this year.


Ms. Phoebe Wong, Deputy Chief Executive, Senior Executive Director, Group Head of Personal Banking, Dah Sing Bank (right); Mr. Anthony Cheung, Board Governor & Green Finance Convenor, Friends of the Earth (HK) (left)

(Right to Left) Jude Chow, Deputy Chairman, FHKI; Simon Ng, CEO, BEC; Cheung Hau-wai , Chairman, HKGBC; Allen Shi, President, CMA; Anthony Cheung, Board Governor & Green Finance Convenor, FoE (HK); Phoebe Wong, Deputy Chief Executive, Senior Executive Director, Group Head of Personal Banking, Dah Sing Bank; Ophelia Lin, Founding President, SMESS; Michael Lai, Vice President, HKGCSMB; Andrew Kwok, Chairman, HKSME; Lotus Choi, Senior Manager, Corporate Communications, CIC

Kick-off ceremony


With sustainable development becoming a mainstream trend, it has become necessary for SMEs to implement ESG practices to stay relevant and competitive. The Programme aims to provide SMEs with industry-specific knowledge to help them recognise the relevance of ESG practices in their industry ecosystem. Through the use of an easy-to-understand assessment framework, the Programme aims to raise their ESG awareness, encourage them to make appropriate improvements and to implement ESG best practices to improve the sustainability of their business.

Ms. Phoebe Wong, Deputy Chief Executive, Senior Executive Director, Group Head of Personal Banking of Dah Sing Bank, said, "Our Bank is committed to supporting SMEs. We want to help SMEs in their transition to a sustainable economy by enhancing their competitiveness and ability to embrace new challenges and opportunities. With ESG becoming a global mainstream agenda, large corporations in various sectors are already leading the way to implement sustainable practices. SMEs must act quickly to adapt to the changing business environment in order to maintain or even improve their competitiveness. Advocacy for sustainable economies and lifestyles and support for local SMEs are key focuses for us as we celebrate our 75th anniversary this year. Our collaboration with Friends of the Earth (HK) in this Programme aims to target SMEs with relatively less resources and knowhow in implementing ESG practices, and is intended to equip them with better understanding ESG trends that are relevant to their business operating models. To encourage more SMEs to embark on their transition towards sustainable growth, participants assessed to have made the most progress with the adoption of ESG best practices will be commended for their achievements."

As ESG issues of concern tend to be industry-specific, there are no generalised recommendations for SMEs from different industries. As such, the Programme has specially designed a series of industry forums, inviting captains of industries to share expertise, enabling SMEs to understand the ESG factors that are relevant to their industry ecosystems. In particular, the Programme leverages the UNSDGs as framework for evaluating the sustainable development strategies and policies of SMEs, including their ability to manage and promote sustainable development performance. If a certain level of improvement is attained within the specified period, the companies that uphold the best practices will be commended for their commitment and contribution. Furthermore, in order to encourage higher participation, all participants in the Programme and/or receiving recognition will be able to enjoy incentives offered by Dah Sing Bank, in the form of fee discounts and cash rebates. For details, please refer to the attached fact sheet.

Mr. Anthony Cheung, Board Governor and Green Finance Convenor of Friends of the Earth (HK), said, "We are honoured to cooperate with Dah Sing Bank to launch this best practices Programme as a means to further promote ESG to SMEs, so that everyone not only can practise ESG knowledge in business activities, but, more importantly, can better prepare for the new trends of green financing against ESG risks as soon as possible by joining the Programme".

He added, "Given the backdrop of immense macro-economic pressures and the ongoing impact of the pandemic at present, many SMEs are facing unprecedented external and internal challenges, including difficulties in securing orders, reducing costs, collecting payments and obtaining financing. Amid the ever-changing business environment, we believe now is the time for SMEs to review whether their existing operating models are in line with global long-term development strategies. Adopting the ESG agenda will help SMEs enhance their competitiveness and vitality in the face of adversity".

This year marks the 75th anniversary of Dah Sing Bank. A series of celebratory activities will be launched from June onwards to reach out to the community, SMEs and customers as well as to promote green lifestyles. Through these activities, the Bank hopes to thank and share its joy with the public and its customers, express its advocacy for sustainable lifestyles, and bring vitality to Hong Kong's communities and economy. For details, please visit the Bank's 75th anniversary webpage on http://www.dahsing.com/75Anniv/en.

About Dah Sing Bank
Dah Sing Bank, Limited ("Dah Sing Bank") is a wholly-owned subsidiary of Dah Sing Banking Group Limited (HKG:2356) which is listed on the Hong Kong Stock Exchange. Founded in Hong Kong 75 years ago, Dah Sing Bank has been providing quality banking products and services to our customers with a vision to be "The Local Bank with a Personal Touch". Over the years, Dah Sing Bank has been rigorous in delivering on our brand promise to grow with our customers in Hong Kong, the Greater Bay Area and beyond – "Together We Progress and Prosper". Building on our experience and solid foundation in the industry, Dah Sing Bank's scope of professional services now spans retail banking, private banking, business and commercial banking. Meanwhile, Dah Sing Bank is also making significant investments in our digital banking capabilities to stay abreast with smart banking developments in Hong Kong and to support financial inclusion at large.

In addition to its Hong Kong banking operations, Dah Sing Bank also has wholly-owned subsidiaries including Dah Sing Bank (China) Limited, Banco Comercial de Macau, S.A., and OK Finance Limited. It is also a strategic shareholder of Bank of Chongqing with a shareholding of about 13%. Dah Sing Bank and its subsidiaries now have around 70 operating locations in Hong Kong, Macau and Mainland China.

About Friends of the Earth (HK)
Friends of the Earth (HK), as a leading environmental advocate, focuses on protecting our local and regional environment, offers equitable solutions to help create environmentally sustainable public policies, business practices and community lifestyles and engages government, business and community to act responsibly. Friends of the Earth (HK) is dedicated to promote green finance and cultivate ESG talents to transition HK and Asia Pacific region into a carbon neutral economy. Friends of the Earth (HK) closely partners with SME associations in Hong Kong (with coverage >3,000 companies), as well as international associations (e.g., World Benchmarking Alliance), with strong access to ESG & green finance talents professionals in Hong Kong, through our CESGA alumni network.

Friends of the Earth (HK) launched the first Green Finance Roadmap of its kind in the APAC region in 2019. One of our key focus would be on building capacity for industry practitioners and general public towards green finance, and hence our events are centered around "Green Finance Connect Education Series". Examples include Sustainability Leadership Seminars, our Green Finance Symposium on ESG integration. We aim to work with all sectors of the community to build a sustainable society and environment.


Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

BDO announces winners of the BDO ESG Awards 2022

HONG KONG, May 19, 2022 – (ACN Newswire) – BDO, the world's fifth largest accountancy network, today announced and honoured the winners of the fourth BDO ESG Awards (the "Awards"). This competition is widely supported by listed enterprises and this year's winners were selected from a pool of 90 nominations, all of which showcased excellence in ESG reporting and disclosure. The awardees were chosen by a prestigious and professional panel of judges in recognition of the outstanding sustainability initiatives they have implemented. Due to the COVID-19 pandemic, this year's BDO ESG Awards Presentation Ceremony was held online, with stakeholders and the general public invited to witness the efforts and achievements of the winning companies in relation to ESG reporting over the past year.


The virtual BDO ESG Awards ceremony 2022 is held to pay tribute to businesses with strong ESG commitment and outstanding ESG efforts.

Clement Chan, Managing Director of Assurance, BDO in Hong Kong (left) and Johnson Kong, Managing Director of Non-Assurance, BDO in Hong Kong (right).

Ricky Cheng, Director and Head of Risk Advisory, BDO in Hong Kong.


In response to rapid global warming, companies should fulfil their corporate responsibilities and implement measures to reduce carbon emissions and greenhouse gases generated from business activities, thus realising a long-term net zero emission business model. This year, the Theme Award adopts the theme of "Carbon Neutrality", and in 2021 BDO International launched the BDO Sustainability Movement, promising to achieve net zero greenhouse gas emissions by 2050. All BDO offices are working together to fulfil this commitment and to avoid adverse impacts on the planet. BDO also aims to recognise companies that have achieved net zero emissions and have performed well in all aspects of carbon reduction (see the full list below).

Dr Carlye Tsui BBS MBE JP, Chairman of the Judging Panel of the "Best in Reporting Awards" and Chief Executive Officer of The Hong Kong Institute of Directors, said, "ESG adoption is driven by board leadership, corporate culture and staff action together. ESG reporting serves to convey the company's values and contribution to the stakeholders. I am pleased with the entries of high standards and the awarded report of excellence. The awards project is once again laudable in promoting sustainability."

Dr William Yu, Chairman of the Judging Panel of the "Best in ESG Awards" and Founder and Chief Executive Officer of World Green Organisation, said, "As we know ESG is currently the spotlight of the market, it's good to see how award participants are addressing business precedents in their reports and preparing for TCFD frame work so as to address the primaries. Being a board member, I will encourage active participation as it is equally important. Overall, I'm delighted to see BDO continues the determination to bring a positive impact to the society.

Ms Karen Ho, Chairman of the Judging Panel of the "Theme Award" and Head of Corporate and Community Sustainability, WWF-Hong Kong, said, "Thanks to BDO for organising this ESG "Theme Award" with focus on carbon neutrality. We are at a defining moment in the fight to tackle climate change, to limit warming to 1.5 degree Celsius and avoid the most catastrophic impacts for people and nature. The corporate sector has a central role to play by rapidly reducing your emissions in line with climate science. Companies must work with your supply chain, customers, investors, regulators and civil society to take decisive actions for sustainability."

Mr Clement Chan, MH JP, Managing Director of Assurance, BDO in Hong Kong, said, "The BDO ESG Awards has entered its fourth year. We aim to continue encouraging listed companies to raise their awareness of social responsibility and sustainable development initiatives. 2022 is a challenging year, with each company needing to find ways to reinvent itself to maintain operations as the epidemic rages on. We are pleased to see many old friends, as well as some new faces, participating in this year's Awards, demonstrating their continuous efforts and outstanding achievements in ESG. As this year's Awards has adopted the theme of "Carbon Neutrality", we are also happy to see many companies showcasing their efforts to achieve net zero emissions through carbon reduction, in addition to incorporating this goal into their long-term business model. BDO as part of the Net Zero Financial Service Providers Alliance, has committed to supporting the goal of global net zero greenhouse gas emissions by 2050.

Mr Johnson Kong, Managing Director of Non-Assurance, BDO in Hong Kong, said, "We received nearly 90 nominations for this year's Awards. On behalf of BDO, I would like to express our sincere gratitude to the judges, media partners and supporting organisations for making this year's Awards possible. I would also like to thank all participating companies. We are excited to witness their achievements and continuous growth in the area of ESG. Affected by the pandemic, we have shifted the award presentation ceremony to an online mode for two consecutive years. We look forward to meeting you next year to share the joy and witness the achievements of the winning companies together." Going forward, we at BDO will continue to offer support to Hong Kong listed companies, help them raise ESG standards and performance and in turn promote the overall development of ESG in Hong Kong."

Mr Ricky Cheng, Director and Head of Risk Advisory, BDO in Hong Kong, said, "As a keen advocate for continuous enhancements in ESG, we are delighted to see more and more listed companies committing to raising the quality of ESG practices and disclosure. With the increasing standard of ESG reporting and the outstanding performance of the participating companies, competition was intense for this year's 'ESG Report of the Year Awards', making it extremely difficult for the judges to select the winners. We would like to thank the judges who have applied their expertise and experience in the judging process to ensure the Awards are credible and representative. To capitalise on this trend, BDO will spare no efforts to increase ESG engagement, thereby further strengthening Hong Kong's leading position as an International Financial Centre."

BDO ESG Awards 2022 Winners (listed in alphabetical order)

Best in ESG – Large Cap
CLP Holdings Limited (002.HK)
New World Development Company Limited (017.HK)
The Hong Kong and China Gas Company Limited (003.HK)

Best in ESG – Mid Cap
COSCO SHIPPING Ports Limited (1199.HK)
Kerry Properties Limited (683.HK)
Xinyi Energy Holdings Limited (3868.HK)

Best in ESG – Small Cap
China Everbright Greentech Limited (1257.HK)
Miramar Hotel and Investment Company Limited (071.HK)
Sunlight Real Estate Investment Trust (435.HK)

Best in ESG – GEM
Allied Sustainability and Environmental Consultants Group Limited (8320.HK)
Roma Group Limited (8072.HK)

Best in Reporting – Large Cap
CLP Holdings Limited (002.HK)
Lenovo Group Limited (992.HK)
New World Development Company Limited (017.HK)

Best in Reporting – Mid Cap
China Everbright Environment Group Limited (257.HK)
China Power International Development Limited (2380.HK)
Kerry Properties Limited (683.HK)

Best in Reporting – Small Cap
China Everbright Greentech Limited (1257.HK)
Miramar Hotel and Investment Company Limited (071.HK)
Tai Hing Group Holdings Limited (6811.HK)

Best in Reporting – GEM
Allied Sustainability and Environmental Consultants Group Limited (8320.HK)
Roma Group Limited (8072.HK)

ESG Report of the Year – Large Cap
CLP Holdings Limited (002.HK)

ESG Report of the Year – Mid Cap
Kerry Properties Limited (683.HK)

ESG Report of the Year – Small Cap
China Everbright Greentech Limited (1257.HK)

ESG Report of the Year – GEM
Allied Sustainability and Environmental Consultants Group Limited (8320.HK)

Theme Award
CLP Holdings Limited (002.HK)

About BDO
BDO's global organisation extends across 164 countries and territories, with more than 95,000 professionals working out of over 1,700 offices – and they're towards one goal: to provide our clients with exceptional service. BDO was established in Hong Kong in 1981 and is committed to facilitating the growth of businesses by advising the people behind them. BDO in Hong Kong provides an extensive range of professional services including assurance services, business services and outsourcing, risk advisory services, specialist advisory services and tax services. For more details, visit www.bdo.com.hk.

Contacts:
BDO in Hong Kong
Sala Lo
Senior Marketing Manager, BDO
Hong Kong
Tel +852 2218 3042
Mobile +852 9613 5175
salalo@bdo.com.hk

Heidi Lau
Marketing Manager, BDO
Hong Kong
Tel +852 2218 2325
Mobile +852 9285 4151
heidilau@bdo.com.hk

Strategic Financial Relations Limited
Heidi So
Tel +852 2864 4826
heidi.so@sprg.com.hk

Margret Lam
Tel +852 2114 4956
margaret.lam@sprg.com.hk


Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

G20 urges World Bank to prepare FIF Establishment: Indrawati

Washington, Apr 21, 2022 – (ACN Newswire) – G20 members have urged the World Bank to immediately prepare for the establishment of the Financial Intermediary Fund (FIF), Finance Minister Sri Mulyani Indrawati stated. FIF should be formed immediately in the framework of pandemic preparedness and response (PPR) in the future, the minister emphasized.


Indonesian Finance Minister Sri Mulyani Indrawati met with World Bank Group President David Malpass at the G20's second meeting of the FMCBG in Washington D.C on Wednesday (April 20, 2022). Minister Indrawati and President Malpass discussed structural reforms and other steps toward a sustainable post-pandemic recovery.


"The (G20) presidency concluded that the World Bank should start exploring the process for developing and establishing FIF," Indrawati remarked at the second meeting of the G20 Finance Ministers and Central Banks Governors (FMCBG) press conference here on Thursday.

G20 members view FIF as being the most effective choice for new financial mechanisms, especially in preparing for other potential pandemics in future. Indrawati believes this is because the establishment of FIF is viewed as being able to overcome the financing gap in the health sector as had occurred during the current COVID-19 pandemic.

"Most (G20) members agree on the need for a new financial mechanism dedicated to addressing the financing gap in PPR," she stated, explaining that G20 members hope that the establishment of FIF would mitigate the health financing needs in line with the World Health Organization's (WHO's) expectations.

Moreover, G20 members called on the World Bank to explore discussions on the governance and operational regulations of FIF by involving the WHO. "There is widespread support for WHO and the World Bank regarding the assessment of significant financing gaps that need to be addressed," Indrawati remarked.

Earlier, on April 1, the Indonesian finance and health ministries resumed the third G20 Joint Finance and Health Task Force (JFHTF). At the meeting, JFHTF co-chair Wempi Saputra invited G20 member countries to draw up a financing action plan for pandemic preparedness and response (PPR).

"The third JFHTF meeting is an important step for all member countries in drafting the financing strategies for prevention, preparedness, and response to the pandemic or PPR," Saputra stated.

Meanwhile, one of the main agendas of Indonesia's G20 Presidency is global health architecture.

Written by Astrid H, Kenzu T, Editor: Suharto (c) ANTARA 2022

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com