Regulatory Update

Clearing and Settlement Seminar

09 September 2009  Pinners Hall, 105-108 Old Broad Street, London EC2N 1EX

Member Price £228.85 including VAT
Non-Members Price £343.85 including VAT

Introduction

The collapse of Lehman Brothers highlighted serious deficiencies in the post trade infrastructure. Regulators, commentators and practitioners have been debating changes to the clearing and settlement infrastructure, recent have put the deficiencies in the spotlight and accelerated the need for change.

The ECB’s is making real progress with its TARGET2 Securities project, with the technical phase due to conclude at the end of 2009. Industry consensus is moving towards having a central counterparty service for European securities, while the European Commission is preparing a directive to harmonise securities law. With the changes to the operation of clearing and settlement now inevitable, you must seriously consider how these developments will impact on your business.

The BBA’s Clearing and Settlement seminar provides a critical update on the progress of the key legal and operational initiatives currently being reviewed. It also examines business objectives and strategies in the post-Lehman environment, the potential impact of the EC’s proposals on derivatives clearing, and whether the code of conduct is still an important issue.

Featuring contributions from:

Helmut Wacket, Head of Section External Stakeholder Management, European Central Bank
Joanna Perkins, Secretary, Financial Markets Law Committee
Natalie Westerbarkey, Vice President, Securities and Fund Services, Citigroup
Richard Barber, Securities Country Manager UK & Ireland, Citigroup
Byron Baldwin, Senior Vice President, OTC Clearing Sales, Eurex
Rory Cunningham, Director of Public Affairs, LCH. Clearnet
Paul Symons, Director and Head of Public Affairs, Euroclear
Cassandra Kenny, Director, British Bankers’ Association

Key benefits of attending:

  • Get an update on the current status, potential impact and future implementation of TARGET2 Securities
  • Assess the practicalities and benefits behind a European central clearing centre
  • Find out the latest developments on securities law and upcoming changes to the legal landscape
  • Hear the custodian’s perspective on the current post trade challenges
  • Evaluate how clearing and settlement will operate in the future

Who should attend?
This afternoon seminar will be of particular interest to directors and senior and middle management from the following areas:

  • Custody
  • Clearing and Settlement
  • Treasury
  • Foreign Exchange
  • Operations
  • Capital Markets
  • Finance
  • Legal
  • Outsourcing
  • Policy
  • Regulatory Affairs
  • Securities

Media Partners:

Supporting Organisation:

Additional Information

to top