Securities Finance  - Different Perspectives, New Opportunities

Tuesday, 19.06.2018

14:00 – 14:45                    Registration

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14:45 – 15:00                    Welcome Remarks

Andrew Dyson, CEO, ISLA

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15:00 – 15:20                    European Political and Regulatory Update

A retrospective review of the regulatory landscape since the crisis of 08.  This session will also focus on key regulatory initiatives still in flight..

Bertrand Huet, Senior Vice President & Partner, Co-Head of Financial Services, FleishmanHillard

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15:20 – 16:20                      ISLA's Legal & Tax Initiatives 2017/18

A comprehensive review of the work ISLA has been undertaking on behalf of its members within our legal and netting services business, as well as major tax developments during 2017/18.  This will include considerations for new and existing netting jurisdictions, legal documentation including Pledge as well as German and Swiss tax developments.  

Habib Motani, Partner, Clifford Chance
Steve Raddon, Tax Manager, BNY Mellon

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16:20 – 16:50                    Opening Keynote Speech

                                          

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17:00 - 18:30                     SFTR Workshop – 'Making Sense of it All'

SFTR is probably the most significant regulatory reporting obligation ever seen in our industry, and this session will allow delegates to understand how well the industry is preparing for this regime. The session will bring together all of the important stakeholders and provide attendees with a concise overview of the regulation and how the market is working towards compliance. 

 Session 1                ISLA Update on Legislation

                                 Andrew Dyson, CEO, ISLA
                                 Sarah Nicholson, Consultant, ISLA
                                 Nikolay Arnaudov, Senior Policy Officer, ESMA
                                 

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 Session 2                 Connectivity & Reporting Obligations

                                 EquiLend
                                 FIS
                                 IHS Markit
                                 Pirum
                                 Tradeweb
                                 TRAX
                                 Broadridge
                                 

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 Session 3                Reporting & Delivery of Data to Trade Repositories

                                 DTCC
                                 NEX Regulatory Reporting
                                 UnaVista, LSEG
                                 REGIS-TR

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 Session 4               Round Up - Including Implications & Considerations for the Industry

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18:30 – 20:30                     Welcome Drinks Reception

Kindly hosted by: 
          

Wednesday, 20.06.2018

08:00 - 09:00                  Beneficial Owners Breakfast (Closed door event for Beneficial Owners ONLY - to attend                                                    please contact Sejal Amin)

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08:30 – 09:10                     Breakfast & Registration

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09:10 – 09:20                    Welcome Remarks

                                        Roy Zimmerhansl, Global Head of Securities Lending, HSBC Securities Services

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09:20 – 09:50                    Keynote Speech

                                                 

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09:50 - 10:50                     The Brexit Debate

On the 29th March 2019, the United Kingdom will leave the European Union. Regardless of the final terms of that exit, there is no doubt our market will face considerable change. This opening panel of the conference will debate the implications of these changes set against a backdrop of the political negotiations. It will consider amongst other things the relocation of businesses, implications on documentation/law and third country issues.

Moderator:

James Knightley, Chief International Economist, ING

Speakers:

Ed Bracken, Executive Director & International COO & Head of Business Strategy, Morgan Stanley
Stephen Fisher, Managing Director, BlackRock
Matthias Graulich, Chief Strategy Officer, Member of the Eurex Clearing Executive Board , Deutsche Boerse AG
Michael Huertas, Partner, Dentons
Hubertus Vaeth, Managing Director, Frankfurt Main Finance e.V.

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10:50 – 11:20                      Networking Coffee Break

                                                 Kindly hosted by:        

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11:20 – 12:20                     Trading through the Lens of Current Political and Regulatory Change

This panel will consider how the current regulatory and political agenda is shaping market behaviour. This will include key topics such as prudential capital and conduct based regimes, Mifid including best execution, and SFTR.


Moderator:

Richard Hochreutiner, Director Group Treasury, Head Global Collateral, Swiss Re

Speakers:

Jennifer Grenside, International Head of Equity Finance Resource Management, Citigroup
Simon Heath, Managing Director, State Street Global Markets
Simon Sourigon, Executive Director, Global Head of Security Optimisation, Natixis
Alan Williams, Managing Director, Short Term Markets, Santander Global Corporate Bank

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12:20 - 13:20                    Evolution of the Business Operating Model

At a time when we strive for efficiencies and scalable solutions, the world is getting more complex and bespoke. This final panel of the day will consider how our industry has to evolve to reflect the sentiments expressed in the earlier sessions. Will operating and collateral models have to change ahead of SFTR? In a post Brexit world, will collateral be less mobile across jurisdictions? Is the legacy ALD process sustainable once SFTR is implemented? Are 'smart' buckets a viable solution to meet changing borrower requirements?


Moderator:

Andrew Dyson, CEO, ISLA

Speakers:

Ben Challice, Managing Director, J.P. Morgan
Alessandro Cozzani, Managing Director, Head of Equity Funding, Bank of America Merrill Lynch
Robert Goobie,  Assistant Vice President of Derivatives & Collateral Management, HOOPP (Healthcare of Ontario Pension Plan)
Timothy Tomalin-Reeves, Head of EMEA Treasury, Citadel

This panel will look to the future in terms of key drivers affecting investment decisions and the implications for securities lending. This will include the trend towards passive asset management strategies, the use of ETF's as the investment vehicle of choice by many institutions and the future of the UCITs brand. Looking further into the political horizon, this session will also look at other initiatives being socialised in Brussels such as the green agenda.


Moderator:

Tim McLeod, Director, Trading & Liquidity Strategies, BlackRock

Speakers:

Xavier Bouthors, Head of Collateral Management and Securities Lending, NN Investment Partners
Carla Jane Findlay-Dons,  Chief Global Regulatory and Market Strategist, Brown Brothers Harriman
Andrew Jamieson, Managing Director, Global Head of ETF Product, Citi
Nas Karim, Director, Wealth & Asset Management Transformation, Ernst & Young
Will Martindale, Head of Policy, Principles for Responsible Investment (PRI)

Concurrent                     Tech Hub: Technology and Peer-to-Peer Securities Lending Round Table 
11:00 - 12:00                    (Location: Vitis IV)                         
                                       This session is not organised by ISLA and therefore not part of the main conference 

This final panel of the day and the overall conference will consider remarks from across the panels in the context of Brexit, investment and trading behaviour and the evolution of technology to see how our business will look in the future.


Moderator:

Brian Staunton, Managing Director, BNY Mellon Markets

Speakers:

Matthew Collins, Managing Director & Head of EMEA Securities Lending, Morgan Stanley
Maurice Leo, Director, Deutsche Bank
Ludovic Poidatz, Head of Equity Finance Trading Europe, Societe Generale
Jane Wagner, Global Head of Securities Lending, Global Investment Operations, Vanguard

If you have any questions, queries or speaker suggestions, please contact us on: