| | | | | |  08:00 - 08:50 | Registration and refreshments | | 08:50 - 08:55 | Opening remarks from the Chair
Speaker: Silvia Pavoni, Economics Editor, The Banker | | 08:55 - 09:00 | Welcoming address
The Hon Mrs. Laura
Cha, Chairman, Financial Services Development Council, Hong Kong
| | 09:00 - 09:20 | Introductory Keynote: Mapping the future for financial centres in a local and global context
- As
the world emerges from economic downturn what are the new opportunities and
challenges facing IFCs?
- Exploring
the drivers behind the changing balance of power between leading IFCs in
Asia, North America and Europe
- What
will drive the competitiveness of IFCs in the future? Prospects for innovation, diversification and
specialisation
- Benefits
of increased cooperation between regional and global centres
Speaker: Dr.
Victor Fung, Group
Chairman, Fung Group
| | 09:20 - 09:35 | Keynote Address: Competitiveness and growth in the changing global economy
Rt Hon Alex Salmond MP MSP, First Minister for Scotland
| | 09:35 - 10:20 | Panel: How is increasing regulation impacting on the competitiveness of financial centres?
- How important is a strong regulatory framework to the reputation and competitiveness of IFCs?
- Designing financial regulation that is risk based and not more burdensome than is necessary
- To what extent are current changes in financial services regulation leading to regulatory arbitrage? Can this and should this be stopped or is it necessary?
- Is there an increased risk of protectionism as a response to regulatory overload?
Introductory remarks:
Geoff Cook, Chief Executive, Jersey Finance
Panelists:
David Scott, Partner, Financial Services Risk Management, EY
Con Tzatzakis, Managing Director, Head
of Compliance Asia Pacific, BlackRock
Keith Noyes, Regional Director, Asia Pacific, International Swaps and Derivatives
Association, Inc.
Paul Smith, Managing Director, Asia Pacific, CFA Institute
Moderator: Silvia Pavoni, Economics Editor, The Banker
| | 10:20 - 11.00 | Panel: How to attract investment and drive growth in the current climate
- What are investors looking for from their IFC in today’s economy? Who is investing and to what extent is regulation/transparency informing their choice?
- Getting the fiscal issues right to maximise competitiveness
- Key sectors attracting investment – asset management, insurance, banking, professional services, government and regulatory
- Attractiveness of emerging vs. established IFCs to investors? What are the criteria driving investment decisions?
- Risks and rewards of looking beyond local markets for investment to a more global approach
Panelists:
Vincent Duhamel, Head of Asia, Lombard Odier Darier Hentsch (Asia) Ltd
Robert Petty, Co-Founder and Managing Partner, Clearwater Capital Partners
Julian Taylor, Executive Director – Asia Pacific, Scottish Enterprise – Scottish Development International
Simon Galpin, Director General of Investment Promotion, Invest Hong Kong (InvestHK)
Moderator: Silvia Pavoni, Economics Editor, The Banker
| | 11:00 - 11:30 | Refreshments and networking | | 11:30 - 12:15 | Panel: What is the role of financial centres in facilitating the growth of sustainable offshore renminbi market?
- What
is the progress towards developing the renminbi into a global reserve currency?
- What
are the limits to which the currency can be internationalised through offshore
channels?
- What
impact will the expansion of the RQFII have on market prospects and what is the
potential for further extensions?
- How
are financial centres in Asia and globally
competing and cooperating in this key growth market?
Introductory remarks:
Jack Chan, Managing partner, Financial Services, Greater China, EY
Panelists:
Mr.
Chen Shuang, Executive Director and Chief Executive Officer, China Everbright
Limited
Alicia Garcia-Herrero, Chief Economist, Emerging
Markets, Banco Bilbao Vizcaya Argentaria
(BBVA)
Carmen Ling, Global Head RMB Solutions,
Client Coverage, Wholesale Banking, Standard Chartered
Moderator: Andrew Wood, Financial Journalist and Broadcaster
| | 12.15 - 13.00 | Panel: Redefining the IFC model for the new global economy
- How
are IFCs current defined? Do the
existing models of global, regional and sub-centres still apply?
- How
is the IFC model evolving to meet the demands of the changing economic
landscape? Are further changes still
needed to ensure sustainability?
- What
makes an IFC competitive – regulation, governance, innovation, services etc?
- How
important is connectivity with other IFCs regionally and globally?
- The
importance of creating the right business environment: addressing human
resources, infrastructure, market access issues etc
Panelists:
Roy Halliday, Chief Executive, Standard Life, Hong Kong
Boyd Winton, Director – Financial Services, Bahrain Economic Development Board
Isabella de Feudis, Chief Executive Officer, Swedish Venture Capital Association (SVCA)
Moderator: Andrew Wood, Financial Journalist and Broadcaster
| | 13:00 | Closing Remarks |
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