ACI FMA Insights Newsletter Nº 18

Welcome to the latest Edition of the ACI FMA Insights Newsletter.

In this Edition, we spotlight perspectives from ACI FMA leaders around the world, offering insights into key market developments, strategic priorities, and lessons from recent financial cycles:

• Roy Daniels, ACI FMA Chairman & Africa President – reflects on the impact of global market volatility, while providing an update on ACI FMA’s key initiatives and internal progress, including operational enhancements and strategic projects. He also highlights engagement across Working Groups & Committees and encourages members to register early to the ACI 2026 World Congress in Ghana.

• Elie Chami, ACI Lebanon President – examines the evolution of Lebanon’s Eurobond market over the past six years, from severe distress following the 2019 crisis and 2020 default to a gradual recovery driven by improving sentiment. He highlights key market shifts, including reduced bank exposure and renewed investor interest, and reflects on the role of expectations and confidence in distressed debt recoveries.

• Marcel Zimmermann, ACI FMA Europe Co-President – emphasizes the importance of active feedback within ACI FMA, encouraging members of our Affiliated Associations to share input to enhance decision-making and engagement. He notes that, while not all feedback can be implemented, initiatives such as the Webinar Series demonstrate its tangible impact.

• Farid Yahya Ally, ACI FMA Tanzania President – provides an overview of Tanzania’s financial market structure, highlighting the central role of the banking sector, ongoing regulatory reforms, and the expansion of capital markets and digital finance. He underscores gradual capital account liberalisation and positions continued reform and innovation as key drivers of resilience and growth.

This Edition continues our mission to keep our members informed, connected, and engaged with developments across the ACI FMA global community.

The ACI FMA Insights Newsletter remains proprietary to ACI FMA and its Affiliated Associations.

You can also access this edition via the ACI FMA website or through our LinkedIn page.

Thank you for your continued support of ACI FMA.

ACI FMA

ACI FMA Insights Newsletter 18_March 2026.pdf