Press Release
2021 BRICS Think Tank International Symposium Held in Xiamen: Grasp important development directions and promote practical cooperation in multiple fields
On June 10th, the 2021 BRICS Think Tank International Symposium, co-sponsored by the China Council for the BRICS Think Tank Cooperation and the Xiamen Municipal People’s Government, with the theme of “Joining Hands to Build an Innovation Center to Create a Model of BRICS Cooperation” was held in Xiamen. More than 200 think tank experts, scholars and industry representatives from the BRICS countries discussed the construction of the BRICS innovation center through online and offline methods, and jointly sought practical cooperation among the BRICS countries.
Xiamen is the venue for the ninth meeting of the leaders of the BRICS countries. In December last year, the innovation center of the BRICS Partnership on New Industrial Revolution was officially launched here. This year is the first year for the construction of the BRICS Innovation Center.
In the keynote speech at the opening ceremony, Guo Yezhou, Chairman of the China Council for BRICS Think Tank Cooperation and Vice Minister of the International Department of the Central Committee of the Communist Party of China, shared some ideas and thoughts on the construction of the BRICS Innovation Center by the China Council. He addressed that to build the BRICS Innovation Center, we must adhere to true multilateralism, uphold the principle of extensive consultation, joint contribution and shared benefits, strengthen unity, collaboration and strategic docking, and create a win-win and shared cooperation platform. We must persist in open innovation, tap the potential of the BRICS countries in the new generation of information technology, deepen industrial cooperation, integrate innovative resources, and create a pioneering zone for innovation cooperation. It is necessary to adhere to the “three-wheel drive”, focus on the three major areas of policy coordination, talent training, and project development, and create a key link for pragmatic cooperation. It is also important to adhere to sustainable development and realize the “carbon peak and carbon neutral” roadmaps respectively through cooperation and create a new benchmark for green development.
On behalf of the Xiamen Municipal Party Committee and Municipal Government, Zhao Long, member of the Standing Committee of the Fujian Provincial Party Committee and Secretary of the Xiamen Municipal Party Committee, expressed warm congratulations on the convening of the seminar and extended a warm welcome to the guests attending the meeting in Xiamen. He mentioned that Xiamen hopes to work with the BRICS think tanks to uphold the BRICS partnership spirit of “openness, tolerance, cooperation, and win-win”, be a good “staff” to study and put forward constructive and operable policy recommendations; be a good “promoter” to tell the story of BRICS cooperation, and spread the voice of BRICS development; be a good “liaison” to sow the seeds of friendship, build bridges of cooperation, and promote the continuous deepening of exchanges and expansion of cooperation among BRICS countries.
Huang Haikun, the vice governor of Fujian Province, expressed that to build the BRICS innovation center in Xiamen is a major historical mission given to Fujian and Xiamen by the Party Central Committee and the State Council. He hopes that everyone can give full play to the role of think tanks in gathering talents, gather the wisdom of BRICS, and work together to build the Xiamen BRICS Innovation Center into a landmark and exemplary cooperation platform for the BRICS countries under the framework of the new industrial revolution partnership.
Anil Kishola, Deputy President of the New Development Bank, announced in his speech that the New Development Bank will actively support the construction of the BRICS innovation center, share best practices and experience, and help the BRICS cooperation and innovation base construction.
Jin Xin, Secretary-General of the China Council for BRICS Think Tank Cooperation and Director of the Research Office of International Department Central Committee of CPC, presided over the opening ceremony. The leaders of the relevant departments of the Ministry of Industry and Information Technology and the Ministry of Science and Technology, and the leaders of the BRICS think tanks Brazil, Russia, India, and South Africa also gave speeches or video speeches at the opening ceremony. Xiamen City leaders Chen Qiuxiong, Huang Wenhui, Huang Yanqiang, Huang Xiaozhou, Lin Jian and Huang Guobin attended the opening ceremony.
At the seminar held that day, participants from the BRICS think tanks, business, and financial circles conducted in-depth discussions on topics such as promoting the construction of the BRICS innovation center, promoting investment and trade facilitation, and promoting financial innovation cooperation.
A number of guests pointed out that the new round of technological revolutions and industrial changes such as artificial intelligence, big data, and quantum communications have brought new opportunities and new key links to BRICS innovation cooperation. The construction of the BRICS innovation center should take digitization, intelligence, and networking as important development directions, and strive to promote pragmatic cooperation in the fields of digital economy, smart manufacturing, and green and low-carbon.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Mayfair Southern Expands Institutional Offering Through Strategic Global Banking Partnership
London, United Kingdom, 4th December 2025, ZEX PR WIRE— Mayfair Southern, an FCA-regulated appointed representative (AR) specialising in structured and fixed-income investments, today announced a new strategic relationship with a leading international banking institution. The collaboration will enhance Mayfair Southern’s ability to deliver regulated bond and fixed-income opportunities to its growing client base of professional and high-net-worth investors.
While the bank’s identity has not been formally disclosed, it is understood to be a London-based institution with a strong international footprint and a long-standing presence across key emerging markets. The partnership is expected to broaden Mayfair Southern’s access to global credit markets, enabling the firm to source high-quality, institutionally originated fixed-income products within a transparent and regulated framework. “Fixed income has always been a cornerstone of disciplined investing,” said a spokesperson for Mayfair Southern. “Our new partnership strengthens our capacity to offer clients access to regulated bonds and structured products that meet the highest standards of due diligence, governance, and performance potential.” Delivering Regulated Fixed-Income Solutions Mayfair Southern’s platform focuses on providing investors with exposure to regulated bond issuances and other fixed-income instruments designed to deliver stability and predictable returns within a risk-managed structure. The firm works exclusively with authorised counterparties and approved product providers to ensure all offerings comply with FCA standards. This latest collaboration will enable Mayfair Southern to offer a wider range of investment-grade bonds, infrastructure-linked securities, and other interest-bearing instruments sourced through its partner’s extensive international network. “Institutional-quality fixed-income access is typically reserved for large investors,” the spokesperson added. “Our goal is to make those opportunities available to private and professional clients in a way that is both accessible and fully compliant.” Strengthening the Firm’s Global Reach By aligning with a global banking partner, Mayfair Southern aims to extend its distribution and research capabilities, improving its ability to identify yield opportunities across different credit environments. This partnership also enhances the firm’s ability to monitor and manage risk, using institutional-grade analytics and independent oversight to maintain transparency for investors. Industry commentators have noted that regulated firms offering fixed-income products play a vital role in today’s market, where investors are seeking predictable returns amid macroeconomic uncertainty. The combination of Mayfair Southern’s compliance-led approach and its partner’s international reach positions the firm to serve as a trusted conduit between capital markets and investors seeking stability. About Mayfair Southern Mayfair Southern is an FCA-regulated appointed representative providing bespoke investment solutions for professional investors, institutions, and high-net-worth clients. The firm specialises in regulated bonds, fixed-income instruments, and other structured investments designed to deliver transparent, risk-adjusted outcomes.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Mayfair Southern Expands Institutional Offering Through Strategic Global Banking Partnership
London, United Kingdom, 4th December 2025, ZEX PR WIRE— Mayfair Southern, an FCA-regulated appointed representative (AR) specialising in structured and fixed-income investments, today announced a new strategic relationship with a leading international banking institution. The collaboration will enhance Mayfair Southern’s ability to deliver regulated bond and fixed-income opportunities to its growing client base of professional and high-net-worth investors.
While the bank’s identity has not been formally disclosed, it is understood to be a London-based institution with a strong international footprint and a long-standing presence across key emerging markets. The partnership is expected to broaden Mayfair Southern’s access to global credit markets, enabling the firm to source high-quality, institutionally originated fixed-income products within a transparent and regulated framework. “Fixed income has always been a cornerstone of disciplined investing,” said a spokesperson for Mayfair Southern. “Our new partnership strengthens our capacity to offer clients access to regulated bonds and structured products that meet the highest standards of due diligence, governance, and performance potential.” Delivering Regulated Fixed-Income Solutions Mayfair Southern’s platform focuses on providing investors with exposure to regulated bond issuances and other fixed-income instruments designed to deliver stability and predictable returns within a risk-managed structure. The firm works exclusively with authorised counterparties and approved product providers to ensure all offerings comply with FCA standards. This latest collaboration will enable Mayfair Southern to offer a wider range of investment-grade bonds, infrastructure-linked securities, and other interest-bearing instruments sourced through its partner’s extensive international network. “Institutional-quality fixed-income access is typically reserved for large investors,” the spokesperson added. “Our goal is to make those opportunities available to private and professional clients in a way that is both accessible and fully compliant.” Strengthening the Firm’s Global Reach By aligning with a global banking partner, Mayfair Southern aims to extend its distribution and research capabilities, improving its ability to identify yield opportunities across different credit environments. This partnership also enhances the firm’s ability to monitor and manage risk, using institutional-grade analytics and independent oversight to maintain transparency for investors. Industry commentators have noted that regulated firms offering fixed-income products play a vital role in today’s market, where investors are seeking predictable returns amid macroeconomic uncertainty. The combination of Mayfair Southern’s compliance-led approach and its partner’s international reach positions the firm to serve as a trusted conduit between capital markets and investors seeking stability. About Mayfair Southern Mayfair Southern is an FCA-regulated appointed representative providing bespoke investment solutions for professional investors, institutions, and high-net-worth clients. The firm specialises in regulated bonds, fixed-income instruments, and other structured investments designed to deliver transparent, risk-adjusted outcomes.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Brandon, MB, 4th December 2025, ZEX PR WIRE, Multicurrency functionality is a valuable feature for businesses that deal with international clients, suppliers, or operations. It allows companies to manage transactions, invoices, and payments in multiple currencies, providing flexibility and accuracy in global trade. However, there are scenarios where a business may choose or need to remove multicurrency features from their accounting software, whether due to a change in business strategy, compliance issues, or software limitations.
Removing multicurrency support can have significant implications on how financial data is recorded and reported. Typically, once multicurrency is enabled in an accounting system, it becomes deeply integrated with the way transactions are handled. This includes currency conversions, exchange rate tracking, and foreign currency reporting. As a result, disabling or removing multicurrency support is not always straightforward and often requires careful planning.
One of the primary reasons a business might decide to remove multicurrency functionality is if it has ceased international operations or consolidated its activities to a single currency environment. This decision simplifies accounting processes by eliminating the need to track fluctuating exchange rates and reduces the complexity of tax reporting. However, businesses must ensure that all existing foreign currency transactions are properly reconciled before multicurrency is removed. This often involves settling outstanding balances, converting open transactions into the base currency, and finalizing any exchange gains or losses.
Another consideration is the impact on historical financial data. Some accounting software does not allow multicurrency to be turned off once enabled because it affects the integrity of past records. In such cases, the business may need to create a new company file or accounting database without multicurrency features and migrate their current financial data accordingly. This process can be time-consuming and requires attention to detail to avoid data loss or inconsistencies.
It is also important to consult with accounting professionals before making any changes to multicurrency settings. They can help assess the implications for tax compliance, reporting standards, and audit requirements. Furthermore, they can assist with reconciling foreign currency transactions and ensuring that financial statements remain accurate and compliant with regulatory guidelines.
In conclusion, removing multicurrency features from accounting software is a significant step that requires thorough evaluation and preparation. While it can streamline accounting processes for businesses operating exclusively in one currency, the transition must be managed carefully to preserve data accuracy and maintain compliance. Seeking expert advice and planning the removal process diligently will help businesses navigate this change successfully.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Mayfair Southern Expands Institutional Offering Through Strategic Global Banking Partnership
Mayfair Southern Expands Institutional Offering Through Strategic Global Banking Partnership
How to Remove QuickBooks Multicurrency and Simplify Your Accounting
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