Programme*

28th June 2011 

15:00  
Conference Registration  

 

15:00 - 16:00

Members Forum
Open update session on ISLA activities with Q&A

  

16:00 - 17:30  
Global Financial Regulation Workshops
Global Regulatory Developments Round up of the major regulatory developments affecting the financial markets.
Chris Bates,
Partner, Head of Financial Services and Markets Practice, Clifford Chance 

 

 European Regulatory Reform Who is driving regulatory change in Europe? What can the financial industry do to influence the regulatory agenda? Nick Reinhardt, Senior Policy Advisor, Fleishman Hillard 

 

18:30 - 20:30 
Welcome Poolside Drinks Reception  

Hosted by
BNY Mellon 
Kellner di Leo Logo   RBS   Santander    SocGen   UBS
 

 

29th June 2011

Electronic Voting Sponsored by  SecFinex 

08:00 - 09:00 
Late Registration & Breakfast  

 

09:00 - 09:10 
Welcome and Introduction
Tammy Phillips, Managing Director, Barclays Capital - Conference Chair 

 

09:10 - 09:40 
State of the Nation
A personal industry perspective from senior industry figures.

Moderator:
Kevin McNulty,
CEO, ISLA 

Panellists: 
Nick Bonn,
Executive Vice President, Head of Securities Finance, State Street  
Jack Inglis,
Managing Director, Head of Prime Services Distribution, EMEA, Barclays Capital
Tom Wipf,
Managing Director, Global Head of Bank Resource Management, Morgan Stanley 
 

09:40 - 10:20
Emerging Markets Panel   

Moderator:
Anthony Duggan, Head of Equity Finance Sales, Goldman Sachs
Panellists:
Carey Chamberlain,
Director, Asian Equity Finance Trading, HSBC   
Frederick Nadd-Aubert,
Global Head of Securities Lending Marketing, Prime Services, Credit Suisse
Enrique Verdu
, Executive Director, Securities Finance & Collateral Management, Santander Robb Wijgerse, Vice President, Head of Securities Lending, Robeco   

 

10:20 - 11:10

Regulatory Developments Affecting Securities Financing: Regulators and Market Participants  

Basel III, Solvency 2, MiFID, Short Selling. What are the regulators priorities? What steps are being taken to harmonise regulation globally? Do politicians driving regulatory change understand the market?  
Moderator: 
Richard Thompson
, Senior Vice President, Securities Lending Product Management, EMEA, Northern Trust 

Panellists:
Chris Bates,
Partner, Head of Financial Services and Markets Practice, Clifford Chance
Cristina Dias, Financial Attaché, Portuguese Permanent Representation to the European Union  

Hannah Gurga, Deputy Director, Securities and Markets, HM Treasury    

Kevin McNulty, CEO, ISLA 

   

11:10 - 11:40
Morning Coffee Break 
 

 

11:40 - 12:40
Fixed Income Panel - One Year and One Hike Later, has Anything Really Changed?
EU peripherals continue to dominate the news, though funding markets have improved most notably through covered bonds issuance. The key central banks have a tightening bias, with the ECB the first to move, though exit strategies still remain a challenge for all. Basel III has been agreed and Dodd-Frank enacted, with US regulators leading the way in Tri-Party Repo reform, greater use of CCPs and the use of “bail-inable” debt.
 

Moderator:
Mark Dearlove,
Head of Global Collateral and Liquidity, Barclays Capital 

Panellists:
Andreas Biewald,
Managing Director, Head of Funding, Treasury Department, Commerzbank AG
Kate Lander, Senior Vice President, Head of International Fixed Income, Securities Lending, Northern Trust
Thomas Kinnally, Morgan Stanley
Giuseppe Maraffino, Vice President, Fixed Income Strategist, Barclays Capital
Steve Meier, Executive Vice President, Global Cash Management Chief Investment Officer, State Street 

 

12:40 - 13:40
Roundtable Discussions 

After successful launch of roundtable discussions at last year’s conference we are pleased to announce that these will take place at this years’ conference. Interested parties will discuss in smaller groups important securities lending issues. Particular topics include:
  • Regulation: What is the impact of the regulation on securities lending market? What is happening now and what will be next? Leader: Richard ThompsonNorthern Trust 
  • Basel III: One year on from the Berlin roundtable - What are the likely implications for securities lending? Leader: Ian Hovey, State Street/James Buckland, UBS     
  • Cash Collateral Reinvestment: Managing investment risk post crisis - Segregated versus pooled funds? iia7 or bespoke guidelines? Leaders: Kevin McNulty, ISLA/Steve Meier, State Street/Kate Lander, Northern Trust 
  • Collateral Trends: Are borrowers and lenders still diverging and risk/return tradeoffs. Leader: Rob Coxon, BNY Mellon 
  • Electronic Trading and CCP: Is this market really right for eTrading? Leaders: Andy Krangel, Citi/Brian Lamb, EquiLend 
  • Market Transparency: Regulators and investors want it but what actually is 'market transparency'? Leader: Tim Smith, SunGard  

Please note that you will have to register for the roundtable discussions before the event as places are very limited.   

 

13:40 - 14:40
Networking Lunch Hosted by  StateStreet 

 

14:40 - 18:00
Afternoon of Networking (free time) 

 

18:00 - 19:30
Medieval Drinks Reception
Hosted by    Banca IMI  BarCap   Credit Suisse
 

 

22:00
Eurex Club Night Hosted by   Eurex Logo 

 

 

30th June 2011 

Electronic Voting Sponsored by  JPMorgan 

 

08:00 - 09:00
Breakfast   

 

09:00 - 09:05
Welcome and Introduction
Tammy Phillips,
Managing Director, Barclays Capital - Conference Chair 

 

09:05 - 10:00
Supply - Lending Agent Panel 
How are agent lenders adapting to the changing demands and priorities of beneficial owners? What do beneficial owners require of the securities lending market?

Moderator:
Julian Pittam,
Managing Director, Data Explorers  

Panellists:
Rob Coxon, Managing Director, Head of International Securities Lending, BNY Mellon  

Stefan Kaiser, Director, Investment Strategist, BlackRock 
Roelof van der Struik, 
Investment Manager, PGGM
Paul Wilson, International Head of Client Management & Sales for Financing & Markets Products, J.P. Morgan     

 

10:00 - 10:50
Demand - Market Dynamics Panel
Macro trends, how do these impact the securities lending? What are trigger points in increasing demand?  

Moderator:
Bill McIntosh, Editor, Hedge Fund Journal 

Panellists:
Gemma Godfrey,
Investment Committee Chairman, Head of Research, Credo Capital
Lars Kroijer,
Ex-Hedge Fund Manager, Author
Andrew Jamieson, Managing Director, Prime Brokerage - Equity Finance, J.P. Morgan     

Further speakers will be confirmed shortly.   

 

10:50 - 11:20
Coffee Break
 

 

11:20 - 12:20
Roundtable Discussions
After the successful launch of roundtable discussions at last year’s conference we are pleased to announce that they will be taking place again this years. Stakeholders in a particular local market place will discuss in smaller groups the topics, challenges and opportunities pertinent to securities lending in that market. Matters of interest will include local perceptions of lending amongst beneficial owners and the impact of local regulation on the market.  
Each roundtable will discuss issues relevant to one of the countries below:

  • Emerging Markets - Leaders: Patrick Avitabile, Citi/Kirtes Bharti, Credit Suisse 
  • Germany - Leaders: Martina Szameitat, Morgan Stanley/Walter Kraushaar, Maple Bank 
  • France - Leaders: Tammy Phillips, Barclays Capital/Jane Karczewski, Citi 
  • Italy - Leader: Richard Thompson, Northern Trust/Barbara Ferri, Banca IMI   
  • Nederlands - Leaders: Rob Coxon, BNY Mellon/Mohamed Moursy, ABN Amro 
  • Scandinavia - Leader: Andrew Jamieson, J.P. Morgan 
  • Spain and Portugal - Leaders: Kevin McNulty, ISLA/Enrique Verdu, Santander 
  • Switzerland - Leaders: Casey Whymark, UBS/Felix Oegerli, ZKB 

Please note that you will have to register for the roundtable discussions before the event as places are very limited.

 

 

12:20 - 13:00
Closing Keynote Address 

 

Seb Coe_Final 

 
 

13:00 - 13:05
Closing Remarks
  
Tammy Phillips, Managing Director, Barclays Capital - Conference Chair 

 

13:05 - 14:00
Networking Lunch Hosted by  SocGen   

 

14:00
ISLA/AFME Official Golf Tournament  BNP Paribas Deutsche Bank Logo  Northern Trust 

To sign up and compete in the event golf tournament please contact Fleurise Luder on +44 (0) 20 7743 9361 or via the email on fleurise.luder@afme.eu

 

18:00
Closing Drinks Reception  

 

*The programme may be subject to change

 

Please  click here to access 2010 International Securities Lending Conference programme.

 

For more information about the main programme and speaking opportunities, please contact:

Michala Kocurova
Tel: +44 (0)20 7743 9337
Email: michala.kocurova@afme.eu