Anbima (Brazilian Financial and Capital Markets Association) has joined the World Alliance of International Financial Centers (WAIFC), a global network that brings together international financial centers and organizations dedicated to promoting the development of these markets.

Anbima became an observer member on June 26, further advancing its internationalization strategy and its efforts to raise the profile of Brazil’s financial and capital markets abroad.

WAIFC is a non-profit association based in Brussels that promotes cooperation, the exchange of experiences and discussions on strategic issues for the financial sector. The organization currently includes 22 international financial centers among its members, including major European hubs such as TheCityUK, Frankfurt Main Finance and Luxembourg for Finance, as well as centers in fast-growing regions, including Dubai International Financial Centre in the United Arab Emirates and Hong Kong’s Financial Services Development Council.

Global dialogue

Anbima was invited to join the alliance because of its role as the leading representative of Brazil’s capital markets and the country’s position as Latin America’s largest market.

“Being part of WAIFC gives Anbima direct access to the experience of financial centers operating under different market and regulatory models. It also creates opportunities to identify emerging trends, share Brazil’s expertise and work jointly on solutions to challenges facing the industry,” said Anbima CEO José Carlos Doherty.

As an observer, Anbima will be able to take part in WAIFC discussion groups, annual conferences and networking initiatives. The status does not include voting rights or formal participation on the organization’s board, which are reserved for full members.

The move will allow Anbima to broaden its relationship with international institutions, follow global debates on the evolution of financial centers more closely and contribute to the positioning of Brazil in these discussions.

International agenda

Joining WAIFC is part of Anbima’s broader strategy to strengthen ties with global forums and increase international visibility for Brazil’s financial and capital markets.

The initiative also reinforces the association’s engagement with discussions that are central to the development of financial centers worldwide, including market infrastructure, innovation, sustainability, competitiveness and regulatory cooperation.