2019 Programme

Programme

2019 Programme

08:15

Registration

08:55

Welcome remarks

09:00

Keynote address: Global landscape of OTC derivatives regulations and domestic implementation

Kazunari Mochizuki, Director for International Financial Markets (Settlements), JAPAN FINANCIAL SERVICES AGENCY

09:30

Panel discussion: Navigating the regulatory maze with collateral and liquidity optimization

  • What value can a collateral manager add?
  • How the view on collateral optimization is changing as margining rules phase in over time?
  • Challenges for buy-side – how to source liquidity and access collateral?
  • How to take a forward approach in collateral inventory? What are the new types of collateral?
  • What are the latest developments on collateral transformation and funding?

Speakers:
Hiroshi Ohno, Head of RM & Business Development - Japan, The BANK OF NEW YORK MELLON SECURITIES COMPANY JAPAN LTD

10:10

Coffee break

10:40

Presentation: Future state of Collateral Management

O'Delle Burke, Executive Director, Head of Collateral Management Product, Investor Services Asia Pacific, J.P. MORGAN

11:10

Panel discussion: Initial margin big bang – what’s next?

  • How ready is the industry for the final phase in of margin rules?
  • What are the requirements for the mandatory exchange of the initial margin?
  • What are the challenges faced by regional banks and buy-side firms?
  • What were the lessons learnt from the previous phases?
  • What are the best practices in efficiency and control in margin call, collateral posting and administration?


Speakers:

Shinichiro Itozaki, Head of XVA Quantitative Research, Financial Engineering Division, MITSUBISHI UFJ MORGAN STANLEY SECURITIES CO., LTD
Teruhiko Kuniyasu, Counterparty Risk & Collateral Management Team, Credit Management Office, ALM Department, MIZUHO BANK, LTD
Yuichiro Terui, Managing Director, Head of Japan Investor Services Sales, J.P. MORGAN SECURITIES JAPAN CO., LTD
Hiroaki Usui, Deputy Head of Transaction Legal, Executive Director, Transaction Legal Department NOMURA SECURITIES CO., LTD

11:50

Presentation by CALYPSO (TBC)

12:20

Lunch

13:20

Presentation: Outcome of cross-industry committee on interest rate benchmark reform in Japan and future market challenges

Hiroyuki Shiozawa, Director, Head of Market Infrastructure Group, Financial Markets Department, BANK OF JAPAN

13:50

Fireside chat: Collateral management 2020

  • Collateral types for IM regulations
  • Developing an IM segregation mechanism
  • IM management: Tri-party collateralization, auto allocation and margin call process
  • Automated solution for optimizations and management of workflow
  • Variation Margin management, options for managing daily processes

Toru Hanakawa, Japan Business Manager, THE BANK OF NEW YORK MELLON SECURITIES COMPANY JAPAN LTD

14:20

Lessons learned from early phases

  • Practical considerations for on boarding
  • Future proofing

Shawn Paul, Managing Director, CloudMargin

14:50

Coffee Break

15:20

Panel discussion: Considerations of pricing CVA into derivatives trades

  • What is the industry progress in CVA and what is CVA desk responsible for?
  • What is the latest debate between CVA/ XVA in accounting and capital regulations?
  • What are the concerns over Basel III CVA rules interpretation?
  • How to hedge and manage CVA P&L?
  • How to achieve capital optimization through CVA hedges?

Confirmed Speakers:

Satoshi Kumeta, Director, Fixed Income Currency and Commodity (FICC) Department, DAIWA SECURITIES

16:10

Panel discussion: Implications of latest regulatory and settlement changes on collateral management operations

  • What are the operational challenges under the current regulatory landscape in Japan?
  • How has Brexit impacted collateral management strategies for Japanese firms overseas
  • How will post-Brexit shock affect your clearing decisions?
  • What is the impact of margin rules on the central clearing market?
  • How are institutions coping with heightened demand in transaction reporting and managing documentation? What is the effectiveness of standardization of CSA format?

Speakers:
Naoki Iida, Vice President, Collateral Management Group, Inter-Market Settlement Dept, SUMITOMO MITSUI BANKING CORPORATION
Seiichi Tanaka, General Manager, Wholesale Operations and Procedures Planning, Mitsubishi UFJ Morgan Stanley

16:50

Closing remarks and end of conference