Baku hosts Financial Innovation Forum
Today, June 4th, opened in Baku Azerbaijan Financial Innovation Forum , which brought together more than 150 local and foreign companies operating in different fields.
The main topics of discussion at the two-day event are «private banking», asset management, luxury real estate, investment funds, brokerage, and management of personal and family capital. Law firms will touch the legal aspects of structuring investments in Azerbaijan, Azerbaijan's integration into the global financial market. The event will also address current challenges to the banking sector, the model holding companies as a tool for the protection of property, etc.
The participants of the forum were Brian Johnson (representative of Platinum Financial Services, UK) , Alan de Saram (CARD, Cayman Islands ) , Marina Kuznetsova (SAXO Bank, Cyprus) , who spoke of their proposed financial instruments , as well as the establishment of offshore companies .
Participation in the Forum will give firms the opportunity to find new business partners and customers, to find opportunities for the international market, learn about new trends in world finance, investment and legislation, according to the company Hansa Fincon, being the organizer of the forum.
In Azerbaijan, despite the presence of the legal framework, there is no investment funds and collective investment institutions. The forum discussed the use of ready-made solutions for the creation of venture capital funds abroad. Venture Fund - an investment fund focused on work with innovative companies and projects. Venture capital funds invest in securities or shares of enterprises with high or relatively high degree of risk in anticipation of extremely high profits.
The forum will be attended by representatives of BSE, Azerbaijan Export Promotion and Investment Fund (AZPROMO) and JSC AtaHolding. - 08C-
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