FINAL PROGRAM

Day 1 (29 Nov 2017)
Morning

08:00-08:45
Women Breakfast Session

09:00-13:40
Stream A
PanelsAfternoon

Day 2 (30 Nov 2017)

09:00-13:40
Stream B
Panels08:30-12:15
Keynotes
Panels13:40-14:40
Lunch

12:15-13:30
Lunch

12:30-13:30
Lunch Workshop

14:40-17:00
KeynoteConcurrent Roundtables

13:30-17:00
Breakout 1 Asset Management
Panels13:30-17:00
Breakout 2 EU-Asia Dialogue

Evening

18:00-21:30
EU-Asia Dinner*Pre-registration to the different color-coded sessions is required or admission will be declined.
*Please refer to the registration details online here.

DAY 1: Wednesday 29 November 2017 – Capital Markets Topics
Location:

Renaissance Hong Kong Harbour View Hotel - Concord & Oasis Room, 8/F(1 Harbour Road, Wan Chai, Hong Kong)

Women Breakfast Session - organized by Women in Finance (WIFA)(Separate registration via WIFA is required, closed to the media)
08:00-08:45

Gender Equality in the Finance Industry: Progress Made and Battles Ahead
 Clarence Yang, Director, Blackrock
 May Tan, Former CEO, Standard Chartered Bank (Hong Kong) Limited
 Kirsty Hill, Head of Talent Management, APAC, Oliver Wyman (Moderator)

Morning Break-out Session – Stream A(For all ASIFMA Annual Conference registrants, open to the media)
09:00-09:50

Panel A1: Chinese Equity Markets Two Years After the Crash The current state of the markets
 What led to MSCI inclusion?
 What developments do China's equity markets need to further attract global
investors?
 How should Stock Connect evolve now to facilitate inclusion and better
access to the market?
 Are further reforms beyond the equity market required to encourage greater
investor participation?
 Romnesh Lamba, Co-Head of Market Development, Hong Kong Exchanges
and Clearing Limited (HKEX) Jonathan Garner, Chief Asia and Emerging Market Equity Strategist, Morgan
Stanley
 Chin-Ping Chia, MD, Head of Research, MSCI Fuzhong Liu, Vice Director of Strategy and International Relations, Shenzhen
Stock Exchange (SZSE) Julien Hage, Head of Electronic Trading Solutions, Asia Pacific, Societe Generale Chris Ryan, CEO, First Harbour Capital (Moderator)

09:50-10:40

Panel A2: China’s Debt Markets in the Current Economic Climate
 CIBM, Bond Connect and other channels: what is the best way to gain entry?
 Will international ratings start to be used?
 Will China gain access to global bond indexes?
 What is the ongoing need for derivatives market development including theimpact of margining and lack of netting?
 Panda vs Dim Sum, which will prevail?
 Does USD continue to have a role for China issuers?
 Grace Tian, Economist, Asian Development Bank (ADB) Danny Missotten, Deputy Head of Global Capital Markets and Funds
Services, Euroclear
 Stephen Chang, MD, Head of Asian Fixed Income, J.P. Morgan AssetManagement
 Ivan Chung, Associate MD, Head of Greater China Credit Research andAnalysis, Moody’s Investors Service
 Wilfred Yiu, Deputy CEO and COO, Beijing Gao Hua Securities (Moderator)

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DAY 1: Wednesday 29 November 2017 – Capital Markets Topics (Con’t)

10:40-11:10

Coffee Break

11:10-12:00

Panel A3: India Financial Markets: The Fall-out of De-monitisation on Market
Access The curse of round tripping and the impact on foreign access Is it really the death of ODI?
 FPI reform: Where are we headed?
 Block trading and equity market reform Shruti Rajan, Partner, Cyril Amarchand Mangaldas
 Rajesh Gandhi, Partner, Deloitte Haskins & Sells
 Edmund Lee, Head, Investment Operations, Fullerton Fund Management
 Ravi Varanasi, Chief Business Development Officer, National Stock Exchange
of India (NSE) Binay Chandgothia, MD, Portfolio Manager, Principal Global Investors
 H. Jayesh, Founding Partner, Juris Corp (Moderator)

12:00-12:50

Panel A4: Digital Currency: The New Frontier of Initial Coin Offerings
 How is it structured? What are the distribution models?
 Recent trends
 Regulatory responses and way forward – what does it mean for the future oftoken sales?
 Institutional investor interest Hugh Madden, CTO, ANX International Rocky Mui, Senior Associate, Clifford Chance Urszula McCormack, Partner, King & Wood Mallesons
 Henri Arslanian, FinTech and RegTech Lead, China & Hong Kong, PwC
 Syed Musheer Ahmed, General Manager (interim), FinTech Association ofHong Kong (Moderator)

12:50-13:40

Panel A5: Asia’s Financial Centers: Competition vs. Cooperation
 HK vs SG vs SH: Is integration overshadowed by rivalries? What topics canthey cooperate on? Perhaps fintech? Onshoring vs offshoring? Data? KYC?
 Is the battle to raise capital becoming a race to the bottom? Does borderless
capital demand greater collaboration? Or does fragmentation mean markets
should pull up the drawbridge and load for bear?
 Has ASEAN integration sputtered?
 Is the time right for China leadership?
 Is there a strong role for the IOSCO Asia-Pac Committee to play? Or EMEAP?
 Andrew Ng, Chair, ASIFMA; Group Executive, Head of Treasury & Markets, DBS
 Gene Kim, Head of International & Americas, Global Markets Division, Credit
Agricole Enoch Fung, Head of Market Development Division, Hong Kong Monetary
Authority (HKMA) Michael Falcon, CEO, Global Investment Management, Asia Pacific, J.P.
Morgan Asset Management
 Lieven Debruyne, CEO, Asia Pacific, Schroders
 Jennifer Hughes, Asia Finance Editor, Thomson Reuters (Moderator)

13:40-14:40

Buffet Lunch
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DAY 1: Wednesday 29 November 2017 – Capital Markets Topics (Con’t)Morning Break-out Session – Stream B(For all ASIFMA Annual Conference registrants, open to the media)
09:00-09:50

Panel B1: Reg Tech Developments in Asia Onboarding, KYC and AML monitoring The challenges of front office control and surveillance External communications including chat rooms
 The way forward in regulatory reporting Fin tech best practices
 Lapman Lee, MD, Regulatory Consulting, Duff & Phelps
 James Lloyd, Asia-Pacific FinTech Leader, EY
 Carl Wegner, MD, Head of Asia, R3
 Guy Sheppard, Head of Shared Services, APAC, SWIFT Douglas Arner, Kerry Holdings Professor in Law, University of Hong Kong
 James McKeogh, Partner, KPMG (Moderator)

09:50-10:40

Panel B2: Cybersecurity, Privacy and Digital Identity: The Future Are our markets safe from hackers? Is more regulatory cooperation
required? Are governments the weakest link in our protection? Will thecloud make everything more difficult?
 Does our notion of privacy need to change to support the Fintech
revolution? Can digital identity solve our issues? Will China and India leadthe world on solving for digital identity?
 Have state-sponsored cyber-threats eliminated the possibility of maintaining
free cross-border flows of financial data?
 Cedric Jeannot, Founder and CEO, Aprivacy
 Catherine Simmons, MD & Head of Global Public Affairs, Asia Pacific, Citi
 Ben Wootlif, Partner, Control Risks
 Sivarama Krishnan, Leader, Cyber Security, PwC
 Gram Milosevic, Alchemist and CTO, WHub Henry Shek, Partner, Head of Cybersecurity, KPMG (Moderator)

10:40-11:10

Coffee Break

11:10-12:00

Panel B3: MIFID II: Europe’s Dodd-Frank Moment?
 No LEI, no trade A lot of reporting: pre-trade, post-trade, and market reference data – someof this touches on regional privacy issues, necessitating changes in laws
 The impact of best execution requirements on Asia
 Research unbundling: indirectly coming to Asia?
 Trading obligation: shares/derivatives
 3rd country equivalence Product Manufacturing/Distribution
 Carol Williamson, Senior Counsel, Hong Kong Exchanges and Clearing
Limited (HKEX) Chiew Fai Chan, Head of Legal Financial Markets, Asia Pacific, ING
 Sumit Indwar, Partner, Linklaters
 Tasos Zavistanakis, Director, PwC
 Neil Pabari, MD, Financial & Risk, North Asia, Thomson Reuters Vijay Chander, ED – Fixed Income, ASIFMA (Moderator)
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DAY 1: Wednesday 29 November 2017 – Capital Markets Topics (Con’t)

12:00-12:50
Asia?

Panel B4: Infrastructure Financing: What is the Role for the Private Sector in
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The challenges to make a project bankable?
The role of the MDBs?
Will project bonds replace loans at least after construction?
Are local currency markets developed enough or will project owners need totake currency risk?
Given the challenges, will OBOR/BRI be successful?
Brian Murray, Group Chief Economist, Group Investment, AIA Group
Roger Lui, Partner, Allen & Overy
Thierry de Longuemar, Vice President, Chief Financial Officer, AsianInfrastructure Investment Bank (AIIB)
Philippe Ahoua, Manager, IFC Treasury Client Solutions - Asia & PacificRegion, International Finance Corporation (IFC)
Haihai Yuan, MD, Head, Corporate Finance, China; Head, Structured Export
Finance, Greater China, Standard Chartered
Vivian Tsang, Associate MD, Public, Project & Infrastructure Finance,
Moody’s Investors Service (Moderator)

12:50-13:40

Panel B5: Green Finance and Sustainable Investing: Flavor of the Month or a
Game Changer?
 What is the case for green finance?
 What are the current trends in the market?
 How can sovereigns facilitate its development? What kind of incentives canthey offer?
 Discussion of TCFD disclosure recommendations and their impact
 Encouraging the development of the Green Bond Market
 Josh Warren, Head of FIG Debt Capital Markets, Asia, Global Markets, BNP
Paribas Mary Leung, Head, Advocacy, Asia Pacific, CFA Institute Sean Kidney, CEO and Co-Founder, Climate Bonds Initiative Herry Cho, Director – Head of Sustainable Finance, Asia Pacific, ING
 Mervyn Tang, Vice President, ESG Research, MSCI Matthew Arnold, MD, Global Head of Sustainable Finance, J.P. Morgan(Moderator)

13:40-14:40

Buffet Lunch

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DAY 1: Wednesday 29 November 2017 – Capital Markets Topics (Con’t)

14:40-14:55

Keynote Presentation –US Administration and Financial Market Reform: Where Do We Stand?
 Carter McDowell, MD and Associate General Counsel, SIFMA

Afternoon Concurrent Roundtables(For all ASIFMA Annual Conference registrants, closed to the media)
14:55-15:00

Concurrent Roundtables*There are two consecutive sessions of 4 simultaneous roundtables, each
representing a designated topic with about two moderators leading thediscussion. Delegates are able to join any table of their choosing.

15:00-15:40

Roundtable 1: MIFID II - Research Unbundling, Impact on Asian Firms
 Grace Chong, Registered Foreign Lawyer (Singapore), Herbert Smith Freehills
 Benjamin Quinlan, CEO & Managing Partner, Quinlan & Associates
 David Mackenzie, Head of Asian Equity Management, Schroders
Roundtable 2: Tax Policy: The Silent Assassin to Capital Markets Development
 Gaetan Gosset, Head of Network Management - Asia and Middle East, Euroclear
 Greg Elliott, Global Head of Tax, CIB and Client Businesses, Standard
CharteredRoundtable 3: The Rise of Accountability Through Senior Manager Regime, MIC,
etc.
 William Hallatt, Partner, Herbert Smith Freehills
 Barbara Leach-Walters, Senior VP, Head of Compliance, APAC, State Street
Roundtable 4: Bank Booking Models: Headed Towards Regionalization After Brexit?
 Tom Lodder, Head of Regulatory Policy, Barclays
 Tom Jenkins, Partner, Financial Services, KPMG

15:40-16:10

Coffee Break

16:10-16:50

Roundtable 5: Deep Dive into Post-trade Data Reporting Under MIFID II: What
are the Specific Challenges for Asia-Pacific?
 Harps Sidhu, Partner, Capital Markets, KPMG
 Daniel Hayden, MD, Institutional Equity Division, Morgan Stanley
Roundtable 6: KYC Compliance: Can the Financial Services Industry Cooperate on
KYC to Keep Costs Down?
 Brian Elders, Director and Partner, KYC-Chain
 Brent Sellors, Consulting Director, Forensic Services, PwC
Roundtable 7: Big Data, its Management and Analytics including the Impact ofArtificial Intelligence and Machine Learning Florian Spiegel, COO, FinFabrik
 Alexander Vander Elstraeten, Director, Reference Data, SWIFT
Roundtable 8: Improved Corporate Governance: Is this Required for Financial
Market Development?
 Jamie Allen, Secretary General, Asian Corporate Governance Association
 Keith Pogson, Senior Partner, Financial Services, Asia Pacific, EY
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16:50-17:00

Wrap Up Day 1

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DAY 2: Thursday 30 November 2017 – Global and Regulatory Topics

Location:

Renaissance Hong Kong Harbour View Hotel - Concord & Oasis Room, 8/F(1 Harbour Road, Wan Chai, Hong Kong)

Morning Plenary Session(For all ASIFMA Annual Conference registrants, open to the media)
08:30-08:45

Welcome Remarks
 Mark Austen, CEO, ASIFMA

08:45-09:00

Keynote 1
 James Lau, Secretary for Financial Services and the Treasury, The
Government of the Hong Kong Special Administrative Region (HKSAR)

09:00-09:15

Keynote 2
 Verena Ross, Executive Director, European Securities and Markets Authority(ESMA)

09:15-10:05

Panel 1: Perspectives on the Global Regulatory Agenda: Is the Death ofInternational Cooperation Premature?
 G 20 agenda
 Progress of the FSB
 Delivering on Basel Verena Ross, Executive Director, European Securities and Markets Authority(ESMA)
 Tara Rice, Member of the Secretariat, Financial Stability Board (FSB) Eric Pan, Director, Office of International Affairs, U.S. Commodity Futures
Trading Commission
 Nick Collier, Global Head of Government Affairs, Thomson Reuters(Moderator)

10:05-10:35

Coffee Break

10:35-11:25

Panel 2: Recalibration of Regulation: Is It Time?
 Have the G20, Europe and Asia reached the peak of the regulatory stage?
 The CMU Agenda: an opportunity for regulatory recalibration?
 How should the EU and Asia react to the new US regulatory agenda?
 Oliver Harvey, Senior Executive Leader, Market Infrastructure, Australian
Securities & Investments Commission (ASIC) Bruno Cabrillac, Director for International Relations, Banque de France Robert Steigerwald, Senior Policy Advisor, Financial Markets, Federal
Reserve Bank of Chicago
 Yao Loong Ng, Executive Director, Head of the Markets Policy &Infrastructure Department, Monetary Authority of Singapore
 Nickolas Reinhardt, Director, Afore Consulting (Moderator)

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DAY 2: Thursday 30 November 2017 – Global and Regulatory Topics (Con’t)

11:25-12:15 Panel 3: Compliance as Differentiator: The Challenges Faced by the Industry of aMultitude of Regulations in a Fragmented World Is the cost of compliance undermining the industry’s role to intermediate
finance and facilitate economic growth?
 Would the industry welcome the non-implementation of FRTB and NSFR?
 How is the industry coping with KYC, AML, CRS, FATCA, MIFID II, privacy
ordinance?
 Have we realised the full impact of margining?
 Is FinTech a possible solution to all of this?
 Philippa Allen, CEO, ComplianceAsia Consulting Ltd
 David Lynne, Head of Fixed Income and Currencies, Asia Pacific, Deutsche Bank Larry Thompson, Vice-Chairman, DTCC
 Andrew Malcolm, Head of Asian Capital Market, Linklaters Duncan Fitzgerald, Partner, PwC
 Andy Mukherjee, Columnist, Bloomberg (Moderator)
12:15-13:30

Buffet Lunch

Lunch Workshop(Separate registration via ASIFMA’s Policy and Regulatory Affairs Division is required, closed tothe media)
12:30-13:30 Lunch Workshop: EU Benchmarks Regulation in Asian Markets
 EU BMR Regulation: what impact for Asian markets and indexes?
 Why is this urgent?
 The way forward for Asian benchmark administrators
 Cindy Leiw, VP, Regulatory Affairs, Global Markets Debt, APAC, Corporate &Investment Bank, Deutsche Bank
 Mauro Catasta, Policy Officer, Financial Markets, European Commission - DG
Financial Stability, Financial Services & Capital Markets Union
 William Hallatt, Partner, Herbert Smith Freehills
 Philippe Shah, Regional Head of Benchmarks and Indices, Thomson Reuters Wayne Arnold, ED - Head of Policy and Regulatory Affairs, ASIFMA(Moderator)
Note: Please proceed to Boardroom 6, Mezzanine Floor, Renaissance Hong Kong Harbour View
Hotel for this lunch workshop. (Address: 1 Harbour Road, Wan Chai, Hong Kong)

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DAY 2: Thursday 30 November 2017 – Global and Regulatory Topics (Con’t)

Afternoon Break-out Session I –Asset Management Panels(For all ASIFMA Annual Conference registrants, open to the media)
13:30-13:35

Welcome13:35-14:30

Panel AM1: Private Fund Management WFOEs: Opportunities and Challenges
 What are PFM WFOEs allowed to do that other WFOEs cannot
 How easy is it to set up a PFM WFOE in China
 Opportunities for PFM WFOEs
 Issues and challenges with operating a PFM WFOE
 Alternative avenues to access China
 Jackson Lee, Country Head, China, Fidelity International
 Sow Kheng Ling, Senior VP, Corporate Strategy China, Fullerton Investment
 Natasha Xie, Partner, JunHe Law Offices
 Jinhua Xu, Deputy Director, Department for Financial, Shipping andInnovation Industry, Shanghai Lujiazui Financial City Authority
 Aries Tung, MD, Head of Strategy and Business Development, China, UBS
Asset Management
 Eugenie Shen, MD - Head of Asset Management Group, ASIFMA (Moderator)

14:30-15:25

Panel AM2: Investors’ Preferences and Opportunities for Product Innovation
 What kinds of funds/products are investors in the region buying/looking for What are fund selectors putting on their platform What is driving product development across the region
 Are there still opportunities for product innovation
 Are fund/product choices limited due to regulation
 Roger Bacon, Head of Investments, Asia Pacific, Citi Private Bank
 Ben Waterhouse, Head of Intermediary Business SEA & Middle East, Country
Head of Singapore, Fidelity International Joe Fernandes, MD, Asia and Head of Global Product Group, First State
Investments
 Bruno Neukirch, Director, Head of SG Index and Fund Solutions, Asia Pacific,
Societe Generale Stewart Aldcroft, Chairman, Cititrust Limited (Moderator)

15:25-15:50

Coffee BreakPage 10

DAY 2: Thursday 30 November 2017 – Global and Regulatory Topics (Con’t)

15:50-16:45

Panel AM3: Digital Advisory/Distribution Platforms: Are they Gaining Tractionin the Region?
 What does digital mean in practice?
 Are fund manufacturing and distribution blurring particularly in the digitalspace?
 How are asset managers adapting?
 How are regulators striking the balance between encouraging fintech
development and protecting retail investors?
 What will the asset management industry look like in 5 years?
 Aki Ranin, Co-founder and COO, Bambu
 Yao Loong Ng, Executive Director, Head of the Markets Policy &Infrastructure Department, Monetary Authority of Singapore
 Julia Leung, Executive Director, Intermediaries Division, Securities andFutures Commission (SFC), Hong Kong
 Clare Zhao, General Manager, Vanguard Investment Management(Shanghai) Limited
 Ting Li, Executive Director & CEO, Yunfeng Financial Group Mark Wightman, Partner, Advisory Wealth & Asset Management, EY(Moderator)

16:45-17:00

Closing Remarks

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DAY 2: Thursday 30 November 2017 – Global and Regulatory Topics (Con’t)

Afternoon Break-out Session II –EU-Asia Financial Services Dialogue(For regulator, central bank and policy-maker attendees of ASIFMA Annual Conference, andselected 100 dinner sponsors and special guests who receive a separate EU-Asia Financial
Services Dialogue confirmation email by invitation only, closed to the media)

In collaboration with:

13:30-13:45

Keynote Carmen Cano, Head of the EU Office to Hong Kong and Macao, European
Union

13:45-14:35

Panel EU1: Equivalence in the EU: Is It Equivocal?
• Is Brexit a game-changer for granting equivalence?
• What will be the future role of the European Supervisory Authorities in theprocess?
• CCP allocation policy: what impacts for Asian firms?
 Josina Kamerling, Head of Regulatory Outreach, EMEA, CFA Institute Peter Kruschel, Director, Banking Supervision, Federal Financial Supervisory
Authority (BaFin), Germany Allison Parent, ED, Government Policy & Finance, GFMA Keith Noyes, Regional Director, Asia Pacific, ISDA Eric Pan, Director, Office of International Affairs, U.S. Commodity Futures
Trading Commission
 Tom Lodder, Head of Regulatory Policy, Barclays (Moderator)

14:35-15:25

Panel EU2: FinTech: Getting the Best of European and Asian Practices• How can Europe and Asia leverage on the growth opportunities offered by
FinTechs?
• Which trade-offs between innovation and regulation?
• Fintech regulatory & supervisory issues and responses
 Matti Hellqvist, Senior Economist, Bank of Finland Jon Rout, Business Development Director for APAC, Digital Asset Holdings
 Nelson Chow, Chief Fintech Officer, Hong Kong Monetary Authority (HKMA) Matthew Reilly, Regional Chief Operating Officer, Zurich Insurance
 Karen Farzam, Co-Founder, WHub; Member, Board of Directors, FinTech
Association of Hong Kong
 Peter McMillan, Head of Market Development, North Asia, Thomson
Reuters (Moderator)

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DAY 2: Thursday 30 November 2017 – Global and Regulatory Topics (Con’t)

15:25-15:50

Coffee Break

15:50-16:40

Panel EU3: EU Legislation and Its Impact on Asian Markets• How key EU legislation in financial services (MIFID, Benchmarks, EMIR review,
STC (Simple Transparent & Comparable) Securitizations, Covered Bonds) impact
Asian market players.
• How do European firms operating in Asia see their operations being impacted in
Asia by European regulation?
 Wayne Arnold, ED - Head of Policy and Regulatory Affairs, ASIFMA Bruno Cabrillac, Director for International Relations, Banque de France John Laws, Head of Regulatory & Government Relations, APAC, Barclays
 Francis Edwards, Partner, Clifford Chance Tracey McDermott, Group Head of Corporate, Regulatory and Public Affairs,
Standard Chartered Henny Sender, Chief Correspondent, International Finance, The Financial
Times (Moderator)

16:40-16:55

Closing Keynote: The ESM’s role in a robust Economic and Monetary Union
 Rolf Strauch, Chief Economist, Member of the Management Board,
European Stability Mechanism (ESM)

16:55-17:00

Concluding Remarks

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DAY 2: Thursday 30 November 2017 – Global and Regulatory Topics (Con’t)

Evening Session –EU-Asia Financial Services Dinner Reception(For selected 100 dinner sponsors and special guests who receive a separate EU-Asia Financial
Services Dinner Reception confirmation email by invitation only, closed to the media)

In collaboration with:Dinner Venue: Grand Hyatt Hotel Hong Kong - Salon Rooms, Mezzanine Level(1 Harbour Road, Wan Chai, Hong Kong)
18:00-18:45

Cocktail (and Guests Check-in)

18:50-19:00

Welcome Remarks (and Guests Seated)

19:00-19:15

Keynote Address 1
 Ashley Alder, Chair, IOSCO Board; Chief Executive Officer, Securities andFutures Commission (SFC), Hong Kong

19:15-19:30

Keynote Address 2
 Valdis Dombrovskis, Vice-President and Commissioner, Euro and Social
Dialogue, Financial Stability, Financial Services and Capital Markets Union,
European Commission

19:30-21:30

DinnerPage 14

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