A delegation representing the best of Swiss financial technologies in the areas of artificial intelligence, big data & analytics, and cybersecurity will be present at the Swiss Pavilion at Singapore Fintech Festival 2023. The Swiss government is also present on site with State Secretary Daniela Stoffel. The Singapore Fintech Festival, whose first edition was held in 2015, has quickly evolved into the world’s largest fintech festival. At the upcoming SFF from 15 to 17 November 2023, organised by the Monetary Authority of Singapore (MAS) and its not-for-profit entity Elevandi, the theme is “Applications of Artificial Intelligence (AI) in Financial Services”.…
Author: Mario Tuor, editor-in-chief of finance.swiss
Switzerland has high ambitions: the Alpine country at the heart of Europe wants to be one of the world’s leading locations for sustainable finance. The foundations are in place. Switzerland is a world leader in the management of cross-border assets. A new Swiss Stewardship Code is now to ensure that financial institutions can exert concrete influence on investors and credibly demonstrate sustainable investments. A Swiss Stewardship Code for financial institutions is now in place, with the goal of encouraging active interaction with the companies in which they invest, as well as the exercise of shareholder rights at their annual general…
Global warming has dramatic impacts on nature and human society. Aligning financial flows with international climate goals is therefore essential. But how to tell if an investment portfolio is aligned? Switzerland has emerged as the first country worldwide to establish a set of internationally accepted transparency criteria for climate-aligned investing; the Swiss Climate Scores. On 29 June 2022, the Federal Council presented the Swiss Climate Scores for the first time. The government recommended that Swiss financial market players apply the Swiss Climate Scores to financial investments and client portfolios where appropriate. In this way, the financial sector can contribute to…