ICAI Doha Chapter hosts session on cross-border wealth and RWA tokenisation

The Institute of Chartered Accountants of India (ICAI) Doha Chapter recently organized a professional development session focused on 'Future-Proofing Capital: Cross-Border Wealth & RWA Tokenisation'. Approximately 100 members attended the event, indicating the increasing interest among professionals in emerging trends within global finance, investment, and wealth management.

Arun Somanath, the chairperson of the ICAI Doha Chapter, addressed the attendees and outlined the upcoming programmes and the chapter's ongoing commitment to future-oriented learning and professional development. Somanath announced the theme for the 12th Annual Conference of the ICAI Doha Chapter, scheduled for October 22-23 at the Marriott Marquis City Center Doha Hotel. He also encouraged members to attend the World Forum of Accountants (WOFA), which the ICAI will host in December.

Amit Kumar Kedia, a director at Kedia Corporate Advisors, presented the first session titled "The Global NRI & Professional Wealth Blueprint." Kedia's presentation centered on the emerging cross-border financial opportunities for Qatar-based NRIs and professionals. He discussed the growing financial and economic ties between Qatar and India, emphasizing the potential of the GIFT IFSC as an international financial center, presenting opportunities in various sectors, including cross-border banking, investments, insurance, capital markets, fund management, and wealth management.

The second session of the event was delivered by Narayanan Ganapathy, co-founder and director of Bambucorn. Ganapathy focused on 'RWA (Real World Assets) Tokenisation,' offering a practical perspective on the subject. He explained how blockchain-based digital tokens can symbolize legally enforceable claims on underlying real-world assets during his presentation.

The event concluded with a 'vote of thanks' from Dewaki Nandan Tibrewal, the vice chairperson of the ICAI Doha Chapter. The ICAI Doha Chapter is dedicated to providing its members with contemporary and professionally enriching learning opportunities, staying attuned to the evolving landscape of global finance.