International Financial Centres Global Series 2013
 
11/02/2014
08:00 - 08:50Registration and Refreshments
08:50 - 09:00Opening remarks from the Chair
Silvia Pavoni, Economics Editor, The Banker
09:00 - 09:20Keynote address: Capitalising on opportunities for growth in a changing global economy
  • As the world emerges from economic downturn what are the new opportunities and challenges ahead?
  • What role is risk appetite playing in the changing balance of power between financial centres in North America, Asia and Europe
  • What role will regulation take in shaping the finance industry in the coming years?
Benjamin Tal, Deputy Chief Economist, CIBC

09:20 - 09:45Keynote Address: Beyond the downturn – the importance of location in competing in the new world market
Emerging from the crisis and looking to sustainable growth
Selecting locations to drive expansion – learning from best practice

Keith Skeoch, Chief Executive, Standard Life Investments

09:45 - 10:30Panel: 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 and should this be stopped or is it necessary?
Introductory remarks:

Saskia Goedhart, Partner Financial Services Risk Management, EY 

Moderator: 

Silvia Pavoni, Economics Editor, The Banker

Panelists:

Charles Alexander, General Counsel, Citibank Canada 
Marion Wrobel, Vice President, Policy and Operations, Canadian Bankers Association

10:30 - 11:15Panel: Attracting investment and driving growth in the current climate
  • What is the finance sector looking for from their IFC in today’s economy? Who is investing and to what extent is regulation/transparency informing their choice?
  • Linking monetary policy, fiscal policy and economic growth strategies to inward investment
  • 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?
Introductory remarks:

Richard Corrigan, Global Head of Business Development, Jersey Finance

Moderator:  

Silvia Pavoni, Economics Editor, The Banker

Panelists:

Greg Ward, Director of Economic Development, City of Edinburgh Council
Olof Zetterberg, Chief Executive Officer, Stockholm Business Region
Gloria Lo, Director, Hong Kong Economic and Trade Office in Canada, Government of the Hong Kong Special Administrative Region
11:15 - 11:45Refreshments and networking
11:45 - 12:30Sector Focus Panel: Is now the right time to rethink the model for banking and how should financial centres facilitate this?
  • Can the traditional banking model survive under ever changing regulations in the US and around the world? What are investors looking for?
  • Evaluating and redefining core vs. non-core activities across the portfolio
  • Expansion for the future – where are the opportunities likely to come from?
  • How has the downturn and regulation impacted on risk appetite?
  • Where are the opportunities for financial centres as banks look to rebuild critical mass and confidence?
Moderator:

Michal Kaczmarski, Americas Editor, fDi Magazine

Panelists:

Surjit Rajpal, Executive Vice President and Chief Risk Officer, BMO Financial Group
David Beattie, Vice President, Senior Credit Officer, Moody’s Investors Service
Gregory Smith, Partner, Financial Services Advisory, EY
Andrew Fleming, Managing Partner, Norton Rose Fulbright

12:30 - 13:15Panel: 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
Moderator:

Michal Kaczmarski, Americas Editor, fDi Magazine

Panelists:

Janet Ecker, President and CEO, Toronto Financial Services Alliance
Bruce Flexman, President, AdvantageBC
Nicolas Mackel, Chief Executive Officer, Luxembourg for Finance

13:15Closing remarks followed by Lunch