Programme - 25 October 2011

8:00	Registration
8:55	Chairman’s opening remarks Chris Jeffery, Editor, ASIA RISK
9:00	Keynote address: An insider's perspective on the Basel reforms Marc Saidenberg, Senior Vice President, Bank Supervision Group, THE FEDERAL RESERVE BANK OF NEW YORK
9:30	Panel discussion: Dim sum, anyone? Charting the growth of the CNH market - what's driving it and where is it heading? Opportunities and prospects - what types of companies should be eating them up but aren't? What types of risks do investors need to be aware of in the CNH market? Are we ignoring significant risks due to positive opportunities? Moderator: Frank Packer, Head of Financial Stability and Markets, Asia Pacific, BANK FOR INTERNATIONAL SETTLEMENTS Panelists: Jacy He, Derivatives Product Specialist, Asia Pacific, BLOOMBERG Francis Ho, Group Treasurer, CLP HOLDINGS Clifford Lee, Managing Director & Head, Fixed Income, DBS Dr. Hing S. Tang, Managing Director, Quantitative Strategy Business Unit, BOCI PRUDENTIAL
10:15	Keynote address: The Implementation of Basel Reforms and its implications for China Luo Ping, Director General, CHINA BANKING REGULATORY COMMISSION (CBRC)
10:45	Coffee break
	Stream one: Getting to grips with regulatory development	Stream two: Risk-managing your investments
11:15	Executive address: Key elements of the Dodd-Frank Act Brief overview of the Dodd-Frank Act and its intended objectives Key elements of the Act, including resolution plans ("living wills"), designation of financial companies as systemically important, and OTC derivatives Potential implications for foreign financial institutions Stacy L. Coleman, Vice President, Financial Institution Supervision, THE FEDERAL RESERVE BANK OF NEW YORK	Presentation: OTC Derivatives challenges for the buy side The adoption of new trading venues; SEFs or OTFs The drive towards a mixed "bilateral and central" clearing environment and associated impact The extended use of trade repositories Collateral and margin management implications Martin Loxley, Commercial Director, Collateral Management, OMGEO
11:45	Presentation: Challenges in ICAAP: Risk Measurement vs. Risk Culture Overcoming the challenges in determining "accurate" risk measurement Incorporating the risk measurement into capital planning Implementing the EC risk measurement into day-to-day operations in Asia Elaine Wong, Managing Director, Risk Management Services & Professional Development Services, MOODY'S ANALYTICS	Presentation: Commodity exposure through UCITS compliant funds Commodities market inefficiencies and solutions Focus on commodities indices Critical analysis of UCITS commodity funds versus other commodity vehicles Marco Montanari, Director, Head of db X-trackers ETFs and db-X funds, Asia, DEUTSCHE BANK
12:15	Panel discussion: The role of CCPs in OTC derivatives trading What is the role of CCPs? Will we see the creation of fragmented markets? What is the implication of fragmentation? The impact of Basel III and risk weightings Will clearing through CCPs reduce systemic risk? Factors to consider when selecting a clearing member Moderator: Georgina Lee, Senior Staff Writer, ASIA RISK Panelists: Karim Chabane, Director, Collateral Management Regional Securities Finance APAC, CITI Mark Cox, Director, Clearing Solutions and Services, CME GROUP Darren Measures, Executive Director, Head of Risk, Asia Pacific, JP MORGAN	Panel discussion: The raging Renminbi How have investors evolved their strategy since the internationalization of RMB? Hong Kong's role in developing the offshore RMB market What implications does the RMB's inconvertibility have on capital markets and financial stability in a wider global context? Moderator: Philip S. Cheng, Adjunct Associate Professor, HKUST & Ex-Chief Investment Officer, METLIFE TAIWAN Panelists: Lieven Debruyne, CEO, SCHRODER INVESTMENT MANGE Richard Harris, Chief Executive, QUAM ASSET MANAGEMENT Gideon Ho, Executive Director, Asset Management, AUSTEN CAPITAL MANAGEMENT Philip Wee, Senior Vice-President & Senior Currency Economist, Group Research, DBS
13:00	Lunch
13:50	Presentation: Exploiting inefficiencies in China's derivative markets Background and outlook of the CSI 300 Futures market Arbitrage opportunities Potential impact of opening up to QFII Erik But, Market Specialist, Equity & Derivatives, BLOOMBERG	Presentation: Insurance investment strategy under Solvency II What changes to investment portfolios might be suggested? How does S-II impact risk-return decisions for investments? Doug Caldwell, Chief Risk Officer, ING ASIA PACIFIC
14:20	Panel discussion: Stress-testing counterparty risk Why do we need stress-testing? Challenges in managing counterparty credit risk Assessing fundamental credit drivers Linking macroeconomic factors and risk parameters Developing the right combination of back and forward-testing Moderator: Jon Gregory, Counterparty Risk Consultant, OFTRAINING Panelists: Vivek Pathak, Director, Credit Review Department, INTERNATIONAL FINANCE CORPORATION Aurel Lavedrine, Chief Risk Officer, Asia Pacific, CREDIT AGRICOLE CIB Felix Fung, Head of Risk Management, BANK SINOPAC	Panel discussion: Capital inflows - complicating the Asian policy environment? Emerging markets in Asia and speculative money How to diminish risks of exchange rate fluctuation, asset bubbles and inflationary pressures? How to manage the volatility, respond to overshooting exchange rates and contain domestic liquidity expansion? Moderator: Chris Jeffery, Editor, ASIA RISK Panelists: Binay Chandgothia, Managing Director, Portfolio Manager, PRINCIPAL GLOBAL INVESTORS Manish Singhai, CIO, Equities, Asia, AVIVA INVESTORS ASIA Lei Lei Song, Senior Economist, ASIAN DEVELOPMENT BANK
15:05	Presentation: Regulatory update - Dodd Frank What does it mean for Asian financial institutions? What is required in relation to central clearing? What approach are regulators taking for new product guidelines post-crisis? Assessing the key features of the MiFID review in relation to the OTC derivatives market Assessing buyside specific legislation and its interaction with central clearing regulation Jack Callahan, Director, OTC Products, CME GROUP	Presentation: The convergence of risk management and portfolio construction Going beyond traditional mean-variance approaches for portfolio design Properly incorporating the passage of time for asset allocation purposes Leveraging an ERM architecture for risk based decision support Andrew Aziz, Executive Vice President, Buy-Side Business, ALGORITHMICS
15:35	Coffee break
16:00	Insurance CRO roundtable: Aligning strategy with emerging regulations Assessing the impact of Solvency II and emerging regulations on internal processes and systems Who are the winners and losers of SII? Ensuring that internal governance, operational and compliance resources are up to the task Moderator: Ka-Man Wong, Chairperson of the Investment & Risk Management Committee, ACTUARIAL SOCIETY OF HONG KONG (ASHK) Panelists: Doug Caldwell, Chief Risk Officer, ING ASIA PACIFIC Mark Stamper, Regional Chief Risk Officer & Chief Life Actuary, Regional Actuarial Solutions, AXA (Asia) Sigurd Volk, Regional Chief Risk Officer, ALLIANZ SE INSURANCE MANAGEMENT ASIA PACIFIC
16:45	CRO Roundtable: The evolving role of the Chief Risk Officer in an increasingly quantitative regulatory regime Assessing risk governance and its quantitative impacts on capital Investor appetite: does good risk governance have implications for investors? Being the chief: should CROs have merely a qualitative control role or be involved in strategic, capital-sensitive enterprise-wide decision-making? Moderator: Edwin Yuen, Chief Analytics Officer, BANK OF CHINA Panelists: David X. Li, Managing Director, Chief Risk Officer, CICC Wilkie Lai, Chief Risk Officer, TRIBRIDGE INVESTMENT PARTNERS Brian Lo, Head of Market & Liquidity Risk, DBS
17:30	Closing remarks Chris Jeffery, Editor, ASIA RISK
17:35	End of conference