Couv BOOK v2-vct.pdf 1 22/02/11 22:26

Size: px
Start display at page:

Download "Couv BOOK 2009-2010-v2-vct.pdf 1 22/02/11 22:26"

Transcription

1 Couv BOOK v2-vct.pdf 1 22/02/11 22:26

2 PART 1 Backgrounder

3 BACKGROUNDER The mission of Paris EUROPLACE, a non-for-profit organisation created in 1993, is to develop and further modernize the Paris financial market and promote its key advantages at the regional, European and international level. Paris EUROPLACE, which today gathers 150 member institutions, brings together a multiplicity of players in the financial industry: corporate issuers, financial intermediaries, asset management companies, law and accounting firms and consultancies all of which participate to the association s actions and activities. Web Site: The Paris marketplace is well positioned for a post-crisis environment Paris has been resilient during the financial crisis primarily because of three main factors: French financial services benefit from efficient government regulation; diversification supports the French universal banking model; and France has a strong asset management pool, second in the world in size behind the US France has established a Prudential Control Authority, merging its Banking Commission and the Insurance Authorities, in effect creating a twin-peaks regulatory organization and improving efficiency and visibility of its regulatory environment. France offers an efficient market infrastructure that disseminates prices, brings buyers and sellers together, ensures that their obligations to each other properly are discharged, and provides a regulatory structure that underpins the process before, during and after the trade. Paris has enhanced its role as a center for global finance and investment NYSE Euronext is the world s largest stock exchange and its exchange in Paris is the largest in Europe, as measured by the value of equity trading and more than 200 companies listed in its European branch are non-european Paris EUROPLACE maintains close dialog with international financial centers in Russia and Asia, with Memorandum of Understanding agreements with Dubai, Qatar, Moscow, Almaty, Shanghai and anticipated agreements with Abu Dhabi, as Paris EUROPLACE believes a global crisis requires global solutions, cooperation and exchange Paris is very open: International investors hold 43% of equities listed in France, and Paris is second only to London in terms of a presence for international banks and financial institutions in Europe Paris attracts international talent in all areas of global finance

4 Paris is the leading corporate bond market in Europe, and through an active secondary bond platform known as Cassiopeia, it now has a fully transparent process for Euro corporate bonds issuance With 2.6 trillion under management, Paris hosts the second largest funds industry in the world after the US: Paris is home to more than 590 asset management firms, offering more than 11,300 funds to investors, and in 2009, France accounted for 21% of all funds under management in Europe (Germany is second with 18%, with UK third at 17%) Paris offers long-term savings tools through its international banks, particularly attractive to Sovereign Funds and international long-term investors The French funds industry has several core areas of excellence: commercial paper (with liquidity provided by the European Central Bank), financial research, project finance innovation, OTC derivatives, retail banking, investment banking (custody services and fund management), and distribution of financial and insurance/reinsurance products Four French asset management companies (AMUNDI, AXA Investment Managers, BNP Paribas Asset Management and Groupama AM) are among the 20 largest world players, with strong positions in Asia and three of its international banks are among the Top 20 in total assets (BNP Paribas, Crédit Agricole and Société Générale); Two of its insurance companies AXA and CNP are among the world s 10 largest insurers More than 70 innovation clusters fuel research & development, with participating companies launching 2,000 projects since 2005, engaging more than 10,000 scientists with non-french-based companies involved in nearly 500 sites with 173,500 employees Paris supports corporate financing for young innovative companies and through the Paris FINANCE INNOVATION initiative, France hopes to build industrial partnerships between French and international small- and medium-sized enterprises, offering opportunities for international private equity investment With BlueNext, Powernext and Metnext, Paris is the world leader in environmental finance having established the first commodities market of the 21 st Century and Paris also is a leading hub for socially responsible investing with more than 200 established funds Paris thrives as a center for global business France is world s fifth largest national economy and second largest in Europe (behind Germany); it is the world s third largest destination for foreign direct investment (behind US and UK); and is the world s fifth largest exporter for services Paris is home to 27 Global 500 companies trailing Tokyo (51) and ahead of Beijing (26), New York (18), and London (15) 15 France-based companies are world leaders in their respective industries (Fortune Global 500, 2009)

5 PART 2 Calendrier Prévisionnel Planning

6 Rencontres Financières Internationales de Paris EUROPLACE : Calendrier Prévisionnel 2011 Paris EUROPLACE International Financial Forums : Planning 2011 New York, le 18 avril / April, 18th Paris, les 5 & 6 juillet / July, 5th & 6th Tokyo, le 28 novembre / November, 28th Singapour, le 30 novembre / November, 30th D autres destinations telles que Sao Paulo, Mumbai, Istanbul sont à l étude et seront validées en fonction de l intérêt des membres de Paris EUROPLACE. Other destinations such as Sao Paulo, Mumbai, Istanbul are currently being considered and will be confirmed according to Paris EUROPLACE s members wishes.

7 PART 3 Paris EUROPLACE Rencontres Financières Internationales International Financial Forums 2010

8

9 Paris EUROPLACE - DIFC Wednesday, December 15 th 2010 The Dubai-Paris Partnership: Facing a Multi-polar World Venue DIFC Conference Center, Dubai, UAE 8:00 Welcome & Registration 9:00-9:15 Welcome Address: Dr. Nasser SAIDI, Chief Economist and Head of External Relations, DIFC Authority Arnaud de BRESSON, Chief Executive, Paris EUROPLACE 9:15 10:15 Plenary Session: Financial Centers in a Multi-Polar World In a multi-polar world and with the emergence of the BRIC countries, financial centers are facing new challenges to accompany economic growth. Financial centers should aim at building a global network and at developing an ongoing dialog ensuring a regulatory convergence, in order to serve the final purpose of efficiently financing the real economy. 10:15 10:30 Coffee break - Arnaud de BRESSON, Chief Executive, Paris EUROPLACE - Fahima Al BASTAKIYA, Senior Vice-President, Market Development, DUBAI FINANCIAL MARKET - Christian LAINE, Special advisor for the Middle East, Amundi - Pierre MENET, Managing Director, Société Générale - Structured Capital Finance - Dr. Nasser SAIDI, Chief Economist and Head of External Relations, DIFC Authority 10:30 11:30 Round Table 1: G20 Agenda - New Regulations: What Impact for Regulators and for the Industry? (Co-organized with European Institute of Financial Regulation) 1/ How do National regulators interact with increasingly influent global regulatory bodies, such as the Financial Stability Board? 2/ What are the propositions on the European market, and how do they fall under various European jurisdictions? How do they compare with emerging markets and Dubai trends? - Sophie BARANGER, Director of Accounting Affairs, French Market Authority (AMF)

10 - Dr. Ryan LEMAND, Economic Advisor and Head of Risk Management, Emirates Securities & Commodities Authority - Sylvie MATHERAT, Director Financial Stability, Banque de France - Pierre MENET, Managing Director, Société Générale - Structured Capital Finance - Prasanna SESHACHELLAM, Director, Supervision, DFSA Moderator: Edouard-François de LENCQUESAING, Chief Executive, European Institute for Financial Regulation 11:30-12:30 Round Table 2: Structured Finance : Asset Based Finance and Covered Bonds Two Way Opportunities How the French Covered Bond and Islamic Finance Regulation is an Opportunity for GCC Investors and Borrowers? (Co-organized with Société Générale - Structured Capital Finance) 1/ The French public infrastructure and home-loans markets offer high quality collateral assets. French Covered bonds give international investors a privileged access to secured French property and infrastructure projects as well as Sovereign credit. 2/ The UAE are undergoing a dramatic economic expansion, driven by a farreaching economic diversification strategy. Projects long term financing is a key issue for the region. It can be achieved through structured finance deals and covered bonds could be one the tools in the box to help long term funding. 3) Opportunities for French Issuers to tap the Islamic Finance market? Perception of the French Regulation vs. Traditional Structures - Thierry DISSAUX, Chief Executive Officer, French Deposits Guarantee Fund, and Former Special Adviser for Financial Affairs, French Treasury - Pierre MENET, Managing Director, Société Générale - Structured Capital Finance. - Tim ROSS, Attorney at Law, Partner, Latham & Watkins - Mohammed Moyn UDDIN, Executive Director, Al Waha Capital PJSC 12:30-13:30 Round Table 3: Islamic Finance New Opportunities in France (Co-organized with CMS Bureau Francis Lefebvre and HSBC) The French government and market authorities have shown a lasting commitment towards French regulatory environment opening to Islamic finance. With the toolbox being ready, investors and issuers still have to get a better understanding of the French market and its opportunities. - Ahsan ALI, Head of Islamic Origination, Standard Chartered Bank - Michel COLLET, Attorney at Law, Partner, CMS Bureau Francis Lefebvre - Thierry DISSAUX, Chief Executive Officer, French Deposit Guarantee Fund, and Former Special Adviser for Financial Affairs, French Treasury - Iza KAMALUDIN, Associate Director, Debt Capital Markets, HSBC Amanah - Malachy McALLISTER, Head of Global Banking, HSBC France 13:30-13:40 Closing remarks by Arnaud de BRESSON 13:40-14:30 Buffet Lunch

11 Paris EUROPLACE International Financial Forum 2010 / DIFC Dubai «The Dubai-Paris Partnership: Facing a Multi-polar World» Wednesday, December 15, 2010 Paris, Dubai, December 15, 2010 PRESS RELEASE Paris EUROPLACE, the association representing the global finance, investment and related business community of Paris, France and Dubai International Financial Centre (DIFC), the UAE-based financial and business centre and gateway between the Middle East, Africa and South Asia region (MEASA) and the world, have jointly organized today their first International Paris EUROPLACE Financial Forum in Dubai. This event is being held following a Memorandum of Understanding signed between DIFC and Paris EUROPLACE in January 2009 to strengthen the links between the two financial market places. In the context of the French presidency of G20 in 2011, this one-day event titled "The Dubai-Paris Partnership: Facing a Multi-polar World" has seen senior representatives of both Dubai and Paris financial centres participate in a meaningful debate and discussion. Dr. Nasser Saidi, Chief Economist and Head of External Relations, DIFC Authority, and Arnaud de BRESSON, Managing Director, Paris EUROPLACE have jointly opened the Forum. Arnaud de BRESSON has highlighted the dynamic role played by Paris EUROPLACE in the European and international discussions to set up a new post-crisis international financial architecture. More specifically, in the current context, he has stressed the strong political will amongst the European Union Member States to preserve and reinforce European monetary union. He has underlined that European governments are committed to reduce budget deficits with penalties in case of failure, to increase the European stability fund and to create new mechanism for sovereign debt restructuring. As the Paris marketplace has proved more resilient in the financial crisis than many other financial centers, it is well positioned to facilitate the access to GCC (investors and issuers) to all the opportunities offered by the Euro markets said Arnaud de Bresson, Managing Director of Paris EUROPLACE. Paris financial center benefits from diversified portfolio of activities: - a booming stock market with the presence of NYSE Euronext (the leading stock exchange in the world in terms of market capitalization and trading volumes), - a leading position in Europe for corporate bonds (with 35% of total issuance) - the strength of its asset management pool: with 2,610 billion under management, Paris ranks n 2 in

12 the world in investment funds - a strong presence of international investors (40% hold Paris equity markets) Furthermore, Paris financial center offers new promising post-crisis opportunities in: - covered bonds which offer high return and low volatility to institutional investors, - long-term savings, to attract long-term investors, including Sovereign Funds, - commodities and environmental finance, - Islamic finance: Paris EUROPLACE has played a leading role in developing the positioning of Paris in Islamic finance with development of Sharia compliant investment funds, the organization of favorable regulatory environment to issue Sukuk and the welcoming of Islamic banks in Paris. Thierry DISSAUX, Special adviser for financial affairs at the French Treasury, has announced the approval during the AAOIFI annual Sharia board meeting, of Sukuk structures governed by French law which will soon be available on the marketplace. Last, Mr. de BRESSON has focused on the benefits driven from the MoU signed between Paris EUROPLACE and DIFC which aims to reinforce cooperation between the two marketplaces. The MoU that we signed end at developing exchanges of information on financial regulation, enhancing links in financial education for market professionals, developing cross initiatives in Islamic finance as well as joint financial forums in Dubai and Paris. Malachy McALLISTER, Head of Global Banking, HSBC France, has underlined the assets of the Paris financial marketplace to attract Islamic Finance: - Important players in key sectors: energy, communications, transportation and a good quality of corporate debt - Good reservoir of very clever and competent skills as HSBC which is an important player in Paris has testified - Recognized expertise in real assets which is key for Islamic finance - French government has a very important approach to organize Islamic finance and French legal system can provide a robust framework - France has a very ethical approach to regulation Dr Nasser Saidi emphasized the increasing importance of emerging markets as they have become the main engine of world growth during the last two years while advanced economies experienced a deep contraction, unseen since the Great Depression. He explained that the tectonic shift of the world economy towards the East is highlighted by the new role of emerging markets which contributed for more than two-thirds to global economic growth since 2002, as well as a similar share of both the growth in world trade and foreign direct investment. He also pointed out that most foreign direct investments (FDI) are now South South, with the Middle East being the second fastest growing region in the world for FDI. He further underscored that emerging economies have developed an endogenous capacity to grow decoupling from mature economies. Dr Saidi has then stressed the need of emerging financial centres to cooperate and build a stronger and more sustainable network across the world for the benefit of all stakeholders, especially after the recent global financial crisis gave rise to a multipolar world. He said that the crisis will contribute to the demise of the hub-spoke financial markets model centered on London and New York and give impetus to a transition to a decentralized model, which will prevent the enormous accumulation of savings in just one or two financial centres. He explained that the world now needs a new international financial architecture of networked financial markets which provides a more stable and sustainable spider web structure based on the new economic geography. He highlighted that the emerging spider-web nodes all have names ending in ai : Dubai, Mumbai and Shanghai.

13 Dr Saidi illustrated the latest IMF GDP figures for the GCC, showing how the region continues to grow even during the last two years. He also gave an example of how the DIFC with its state of the art regulatory framework, judicial system, and modern physical infrastructure, was able to contribute positively Dubai's economy resilience and how it enables the Gulf region to manage and control its natural and financial wealth. Dr Saidi then confirmed the deep commitment of both the DIFC and Paris Europlace to developing economic co-operation between and initiating a continuous dialogue to share knowledge and expertise. He pointed out that the DIFC would like to work with Europlace to set up the legal and regulatory framework for Shariah compliant products and services in France and continental Europe, and gave an example where the DIFC would be able to facilitate the issue and listing of Sukuk and other Shariah compliant securities by French companies and by the Government of France. Dr. Saidi emphasized that the DIFC has a lot to offer the French business community and was confident in the success of the partnership. He explained that the DIFC is located in the heart of the United Arab Emirates, which has a safe, secure, economically, politically and socially stable environment with superb infrastructure and a highly skilled, educated and multi-cultural workforce.with its deep pool of wealth, the region offers an exciting opportunity for French companies seeking to grow, with the DIFC constituting their ideal launch platform. - Ends For further information on the 2010 Dubai/Paris EUROPLACE Financial Forum, please visit the website: About the DIFC The Dubai International Financial Centre (DIFC) is an onshore finance and business hub connecting the Middle East, Africa and South Asia region (MEASA) and the rest of the world. Since its launch in 2004, the DIFC has established a current client base of 780 firms which have registered at the Centre, including 16 of the world s largest 20 banking institutions. Thousands of employees operate in an open environment complemented by international regulations, laws and standards. The DIFC offers its member institutions incentives such as 100 per cent foreign ownership, zero percent tax rate on income and profits and no restriction on capital convertibility or profit repatriation. In addition, the DIFC s clients benefit from modern infrastructure, operational support services and business continuity facilities. About Paris EUROPLACE The mission of Paris EUROPLACE, a non for profit organisation created in 1993, is to develop and further modernize the Paris financial market and promote its key advantages at the regional, European and international level. Paris EUROPLACE, which today gathers 150 member institutions, brings together a multiplicity of players in the financial industry: corporate issuers, financial intermediaries, asset management companies, law and accounting firms and consultancies all of which participate to the association s actions and activities. Paris EUROPLACE also contributes to the competitiveness clusters program, and aims at making the Paris financial market a full-fledged center, thereby confirming its leading position, particularly in asset management and financial research. Web Site : Press Contacts For Paris EUROPLACE: Arnaud de Bresson / Managing Director / Tel / / For DIFC: Shaima Omar Al Zarouni / Tel: /

14

15 1 st French - Russian Financial Forum Moscow, December 9 th 2010 Developing New Cooperation and Business Opportunities between Paris and Moscow Venue: Hotel RADISSON SLAVIANSKAYA, MOSCOW 08:30 09:00 Welcome & Registration 09:00 09:15 Welcome Address by Arnaud de BRESSON, Chief Executive, Paris EUROPLACE 09:15-09:45 Introduction by Gérard MESTRALLET, Chairman and CEO, GDF SUEZ, Chairman, Paris EUROPLACE 09:45 10:15 Keynote Addresses Alexeï KUDRIN, Vice Prime Minister, Ministry of Finance, Russian Federation Christine LAGARDE, French Minister for Economy, Finance and Industry 10:15 11:30 Plenary Session: The Contribution of Finance to the Modernization of the Economy: Areas of cooperation between Paris EUROPLACE and Moscow Financial Center Ronald KENT, Executive Vice President, NYSE Euronext Jean LEMIERRE, Special Advisor to the Chairman, BNP Paribas Jacques Der MEGREDITCHIAN, Chief Business Officer, Troïka Dialog, Chairman of the Board, RTS Bernardo SANCHEZ INCERA, Deputy Chief Executive Officer, Société Générale Sergueï PAKHOMOV, Chairman, Moscow City Debt Committee Jean-Pierre THOMAS, Partner, Lazard Frères Serguey VASILIEV, Deputy Chairman, VEB Moderator: Arnaud de BRESSON, Chief Executive, Paris EUROPLACE Closing Remarks: Arkady DVORKOVICH, Aide to the President of the Russian Federation, Russian Federation

16 11:15 11:30 Coffee Break 11:30-12:45 Parallel Sessions Panel 1 Raising Capital on Europe s Largest and Most Liquid Exchange (organized by NYSE Euronext) Daniel BRAVERMAN, Partner, Cleary Gottlieb Steen & Hamilton Darius DAUBARAS, Director and Head of Russia, CIS and CEE equity capital markets, BNP Paribas Ronald KENT, Executive Vice President, NYSE Euronext Panel 2 VEB and CDC Cooperation in Financing Projects: New Challenges for Long Term Investors (organized by Caisse des Dépôts) Christian BADAUT, International Affairs Advisor, Caisse des Dépôts Long terms Investors Challenges in PPP Financing Vladimir SIDOROV, PPP director, Vnesheconombank Paul-Marie RINGWALD, Head of International Affairs, Egis, Caisse des Dépôts Innovative SME S financing Mikhail KOPEIKIN, Deputy Chairman, Vnesheconombank Jean-Jacques YARMOFF, International Partnership Director, OSEO Panel 3 Fuelling the Corporates' Drive for Growth in Russia (organized by Société Générale) Russia s Macroeconomic Prospects: Growth, Investments, Savings Mikhail ERSHOV, Senior Vice-President, Rosbank Russia s Strategic Sectors as Growth Drivers and Investment Centres Andrey KLEPACH, Deputy Minister, Ministry of Economic Development, Russian Federation Together Through the World Crisis and Beyond: Renault-Avtovaz a prominent French-Russian Strategic Business Partnership Maxime BONITEAU, Director of Plan & Strategy, Renault Russia Eduard VAINO, Vice-President/External relations, Avtovaz Development of the Russian and International Derivatives Market: Facilities and Experience from Société Générale Group as a Global Leader Jurgen GRIEB, Head of SGCIB Russia, Rosbank Moderator: Vladimir GOLUBKOV, CEO, Rosbank

17 12:45 14:00 Lunch 14:00 15:15 Parallel Sessions Panel 4 For A Secured Post Crisis Environment, The Market infrastructures and Securities Law Issues : Share of experiences (organized by European Institute for Financial Regulation) Sébastien COCHARD, Public Affairs, Strategy and Corporate Development, BNP Paribas Securities Services Evgueniy ELLINSKIY, Vice President and Member of the Executive Board, MICEX Rostislav KOKOREV, Deputy Director, Corporate Governance, Minister for Economic Development Philippe LANGLET, Head of Legal, Société Générale Vladimir MILOVIDOV, Chairman, Russian Federal Financial Market Service Alexey TIMOFEEV, Chief Executive Officer, Naufor Edouard VIEILLEFOND, Managing Director, Regulation Policy & International Affairs Division, AMF Moderator: Edouard de LENCQUESAING, Managing Director, European Institute for Financial Regulation Panel 5 Long Term Financing in Russia and Europe (organized by BNP Paribas) Sergey AVRAMOV, General Counsel, BNP Paribas Group Russia, Member of the Management Board, BNP PARIBAS ZAO Laurent COURAUDON, Head of Country, BNP Paribas Group Russia, President, BNP PARIBAS ZAO Sven DE SMET, Head of Acquisitions, Investment and Financial Advisory, GDF SUEZ Sergueï PAKHOMOV, Chairman, Moscow City Debt Committee Panel 6 Legal and Tax Innovation of French Financial Markets for Russian Investors (organized by CMS Bureau Francis Lefebvre) Stéphane AUSTRY, Partner, CMS Bureau Francis Lefebvre, Maxim BULBA, Partner, CMS Russia Stanislav TOURBANOV, Partner, CMS Russia Bruno ZABALA, Senior Associate, CMS Bureau Francis Lefebvre 15:15 15:30 Coffee break

18 15:30 16:45 Parallel Sessions Panel 7 Innovation and Risk Management: Culture & Practices (organized by Finance Innovation) Jean-Christophe BORIES, Director, Riskalis Raphaël DOUADY, Director of Research, co-founder, Riskdata Aleksey MIROSHNICHENKO, Head of Department of Risks of Operations on Financial Markets, GAZPROMBANK Philippe PELE CLAMOUR, Professor, HEC Mikhail POMAZANOV, Vice-Director of Credit Risk Management, Bank Zenit Victor VERESHCHAGIN, President, Association RusRisk Serguey SMIRNOV, Director, Financial Engineering and Risk Management Laboratory at State University Higher School of Economics Moderator: Edouard de LENCQUESAING, Managing Director, European Institute for Financial Regulation Panel 8 France: your Gateway to Europe - Russia : New Opportunities for Investors (organized by Invest in France Agency and CCIFR) Jérôme CLAUSEN, Executive Director, Invest in France Agency Emmanuel QUIDET, Chairman, CCIFR Boris SHAROV, Chief Executive Officer, Doctor Web 16:45 End of the Forum

19 Contact: Arnaud de Bresson, Managing Director Paris EUROPLACE Tel : Paris EUROPLACE International Financial Forum «Developing New Cooperation and Business Opportunities between Paris and Moscow» Thursday, December 9 th, 2010 PRESS RELEASE Paris, Moscow, December 9, 2010 Paris EUROPLACE and the City of Moscow held the 1 st French-Russian Financial Forum in Moscow on December 9, Mrs Christine LAGARDE, French Minister of Economy and Finance and Mr Alexey KUDRIN, Vice-Prime Minister, Minister of Finance of Russian Federation have opened together the Forum. Mrs LAGARDE stressed that Financial Services item is becoming one of the central theme of the French Russian economic bilateral relations. For a long time already, the main French industrial groups and financial institutions are investing in Russia, and they are willing to participate and support the project launched by President MEDVEDEV to make Moscow an international financial center. On this occasion and as a concrete example, Caisse des Dépôts and VEB, announced that EGIS (a 100% subsidiary of CDC) and Evraziïski (a particular investment of VEB), have launched a joint venture specialized in engineering and developing PPP and infrastructures projects. In the context of the Project to make Moscow an international financial center and the Memorandum of Understanding (MOU) signed last June between the City of Moscow and Paris EUROPLACE, Paris and Moscow have decided to set up regular and frequent exchanges of information and experiences on financial practices on 6 areas: - Securities legal environment and regulation: the Moscow financial center needs the implementation of a regulatory framework to develop new financial instruments in equity markets, bonds, derivatives et.. Paris will bring its expertise in this area as well as to accelerate training and education between the regulatory Authorities - Debt Management : Paris will bring its expertise in the public debt management as well as the organization and the development of corporate bond markets - Long-term savings: exchange of expertise and recommendations will be accelerated for the development of the insurance sector in Russia, as well as the asset management industry - Market infrastructures: recommendations will be elaborated for a better regulation and the development of new initiatives in terms of depositaries, CCPs and settlement solutions. - New promising sectors: carbon/climate, commodities. Share experiences and promote initiatives.

20 Contact: Arnaud de Bresson, Managing Director Paris EUROPLACE Tel : Research and education : development of exchanges and new initiatives between French and Russian Universities and high schools to develop research in finance ; assistance of Paris EUROPLACE to support the new Risk Management Institute launched by Moscow City. The Forum was also the occasion to express views on key subjects related to the Euro, to the G20 and to the latest development of the Paris financial marketplace. Gérard MESTRALLET, Chairman, Paris EUROPLACE, Chairman & CEO, GDF SUEZ, has highlighted the new perspective for the Euro zone and has presented the Paris EUROPLACE Action Plan, supported by the High Level Marketplace Committee, chaired by Mrs. Christine LAGARDE, French Minister of Economy, Finance and Industry to draw lessons from the crisis and attract new international investors and issuers. * * * The 2010 Moscow/Paris EUROPLACE Financial Forum is co-organized with: Invest in France, BNP Paribas, Caisse des Dépôts, CMS Legal, European Institute for Financial Regulation, GDF SUEZ, Finance Innovation, NAUFOR, NYSE Euronext, Société Générale, and with the kind support of the Economic Department of the French Embassy in Russia. For further information, please visit the website:

21

22 SHANGHAI / PARIS EUROPLACE Financial Forum DEVELOPING NEW COOPERATION AND BUSINESS OPPORTUNITIES BETWEEN FINANCIAL CENTERS co-hosted by Shanghai Municipal Financial Services Office and Paris EUROPLACE Shanghai, December 1st, Venue: Hotel Pudong Shangri-La Shanghai, 33 Fu Cheng Lu, Pudong, Shanghai , China 08:00 08:30 Welcome & Registration 08:30 08:35 Introduction by Arnaud de BRESSON, Chief Executive, Paris EUROPLACE 08:35 08:45 Opening Address Gérard MESTRALLET, Chairman & CEO, GDF SUEZ, Chairman, Paris EUROPLACE 08:45 09:30 Keynote Addresses Central Banks: DU Jinfu, Deputy Governor, People s Bank of China (PBoC) Jean-Paul REDOUIN, Deputy Governor, Banque de France Markets Authorities : Jean-Pierre JOUYET, Chairman, French Financial Markets Authority (AMF) YAO Gang, Vice-Chairman, China Securities Regulatory Commission (CSRC) 1

CHINESE AND EUROPEAN CAPITAL MARKETS NEXT STEPS TOWARDS GLOBALISATION

CHINESE AND EUROPEAN CAPITAL MARKETS NEXT STEPS TOWARDS GLOBALISATION Hong Kong Financial Forum co-organized with CHINESE AND EUROPEAN CAPITAL MARKETS NEXT STEPS TOWARDS GLOBALISATION Hong Kong September 24 2007 JW MARRIOTT HOTEL Paris EUROPLACE is the organization whose

More information

Paris Fund Industry Forum INVITATION

Paris Fund Industry Forum INVITATION INVITATION Zurich, Wednesday 29th May 2013 Park Hyatt Hotel Share innovative solutions to face global concerns The first annual forum held in Switzerland will focus primarily on answering the needs of

More information

STRATEGY FOR SEEDING THE NEW GENERATION OF INNOVATIVE EMERGING ASSET MANAGERS

STRATEGY FOR SEEDING THE NEW GENERATION OF INNOVATIVE EMERGING ASSET MANAGERS STRATEGY FOR SEEDING THE NEW GENERATION OF INNOVATIVE EMERGING ASSET MANAGERS Alain LECLAIR, Chairman, Emergence International July 4 th, 2012 1 PRESENTATION OF THE ROUND TABLE STRATEGY FOR SEEDING THE

More information

8:30 AM 8:35 AM Welcome Address by Frank Herring, Partner - Frankfurt am Main, Allen & Overy

8:30 AM 8:35 AM Welcome Address by Frank Herring, Partner - Frankfurt am Main, Allen & Overy Latest version: 05/09/2014 8:00 AM - 8:30 AM Registration 8:30 AM 8:35 AM Welcome Address by Frank Herring, Partner - Frankfurt am Main, Allen & Overy 8:35 AM 8:45 AM Opening address by Paul-Henri de La

More information

BNP Paribas Official Institutions Programme of events 2015I 1. WELCOME to the BNP Paribas Official Institutions Training and Conference agenda

BNP Paribas Official Institutions Programme of events 2015I 1. WELCOME to the BNP Paribas Official Institutions Training and Conference agenda BNP Paribas Official Institutions Programme of events 2015I 1 WELCOME to the BNP Paribas Official Institutions Training and Conference agenda 2015 BNP Paribas Official Institutions Programme of events

More information

Kiyohiko G Nishimura: Financial factors in commodity markets

Kiyohiko G Nishimura: Financial factors in commodity markets Kiyohiko G Nishimura: Financial factors in commodity markets Speech by Mr Kiyohiko G Nishimura, Deputy Governor of the Bank of Japan, at the Paris EUROPLACE International Financial Forum, Tokyo, 28 November

More information

PRESS RELEASE Paris, 20 February 2014

PRESS RELEASE Paris, 20 February 2014 DIRECTION DE LA COMMUNICATION SERVICE DE PRESSE PRESS RELEASE Paris, 20 February 2014 LE GROUPE LA POSTE 2013 2 ANNUAL RESULTS Consolidated revenue: 22,084 million up 2 % (+1 % at constant structure and

More information

Altrad strengthens its capital by 100 million to finance a major acquisition

Altrad strengthens its capital by 100 million to finance a major acquisition Press release Lyon, 17 March 2015 Altrad strengthens its capital by 100 million to finance a major acquisition Altrad's financial partners are making a 100 million equity investment to help it form a marketleading

More information

FRANCE GERMANY SPAIN USA CANADA SINGAPORE

FRANCE GERMANY SPAIN USA CANADA SINGAPORE Summary Track Record Introduction to Inovalis Business Model Inovalis Team 2 I N T RO D U C T I O N T O Introduction 1998 Inovalis was established in 1998 in Paris by three Associates who are still managing

More information

The Chinese corporate credit bond market. Broad prospects for development

The Chinese corporate credit bond market. Broad prospects for development The Chinese corporate credit bond market Broad prospects for development Dear Mr. Martin Scheck, Mr. Spencer Lake, Distinguished Guests, Ladies and Gentlemen, Good Morning! I am very pleased to attend

More information

Introduction for Financial Services in China (Shanghai) Pilot Free Trade Zone. Mar.2014

Introduction for Financial Services in China (Shanghai) Pilot Free Trade Zone. Mar.2014 Introduction for Financial Services in China (Shanghai) Pilot Free Trade Zone Mar.2014 Contents I II About Shanghai FTZ Opportunities For FTZ Company III ICBC Preparation and Capability Part I. About Shanghai

More information

Innovation and Regulation: What Inspiration for Europe and China? Illustrative Cases: Securities Law and Accounting Framework

Innovation and Regulation: What Inspiration for Europe and China? Illustrative Cases: Securities Law and Accounting Framework Innovation and Regulation: What Inspiration for Europe and China? Illustrative Cases: Securities Law and Accounting Framework INTRODUCTION GLOBALISATION IS A REALITY, IT IS A SOURCE OF GROWTH FOR THE WORLD

More information

Agreement to Acquire 100% Ownership of Protective Life Corporation

Agreement to Acquire 100% Ownership of Protective Life Corporation [Unofficial Translation] June 4, 2014 Koichiro Watanabe President and Representative Director The Dai-ichi Life Insurance Company, Limited Code: 8750 (TSE First section) Agreement to Acquire 100% Ownership

More information

Establishment of the WBG Senior Management Team and Realignment of Responsibilities to Enhance Effectiveness and Results

Establishment of the WBG Senior Management Team and Realignment of Responsibilities to Enhance Effectiveness and Results Establishment of the WBG Senior Management Team and Realignment of Responsibilities to Enhance Effectiveness and Results Date: December 18, 2012-11:57 Sponsor: Office of the President Senior Staff Appointments

More information

Further Developments of Hong Kong s Offshore RMB Market: Opportunities and Challenges

Further Developments of Hong Kong s Offshore RMB Market: Opportunities and Challenges Further Developments of Hong Kong s Offshore RMB Market: Opportunities and Challenges Zhang Ying, Senior Economist In recent years, as the internationalization of the RMB has been steadily carrying out,

More information

A Cross Border One Stop Shop for Alternative Investments Managers

A Cross Border One Stop Shop for Alternative Investments Managers A Cross Border One Stop Shop for Alternative Investments Managers Architects of Alternative Investments Solutions A boutique dedicated to the Alternative Investments community Reinhold & Partners is a

More information

Round Table 16:00 18:00 Share Innovative Solutions To Face Global Concerns

Round Table 16:00 18:00 Share Innovative Solutions To Face Global Concerns Round Table 16:00 18:00 Share Innovative Solutions To Face Global Concerns Paris Europlace Forum, Paris, July 11, 2013 Pierre Bollon, Director General, AFG 1 Presentation of Paris Fund Industry A collective

More information

An offshore RMB market The Hong Kong story Keynote speech 4th Offshore RMB Markets Conference

An offshore RMB market The Hong Kong story Keynote speech 4th Offshore RMB Markets Conference Speech An offshore RMB market The Hong Kong story Keynote speech 4th Offshore RMB Markets Conference Alexa Lam Deputy Chief Executive Officer Securities and Futures Commission 13 March 2014 Ladies and

More information

Profile RETAIL BANKING INVESTMENT SOLUTIONS CORPORATE AND INVESTMENT BANKING

Profile RETAIL BANKING INVESTMENT SOLUTIONS CORPORATE AND INVESTMENT BANKING 2012 AT A GLANCE Profile Whether across Europe or around the globe, BNP Paribas provides all its clients with the banking solutions they need to achieve their goals. Our branches and offices in 80 countries

More information

Eddie Yue: Renminbi a new era and the role of Hong Kong

Eddie Yue: Renminbi a new era and the role of Hong Kong Eddie Yue: Renminbi a new era and the role of Hong Kong Keynote address by Mr Eddie Yue, Deputy Chief Executive of the Hong Kong Monetary Authority, at the Global Offshore RMB Funding Forum 2012, Hong

More information

A REGIONAL GATEWAY FOR RMB. Singapore

A REGIONAL GATEWAY FOR RMB. Singapore A REGIONAL GATEWAY FOR RMB Singapore GROWING INTERNATIONAL AND REGIONAL ROLE OF THE RMB Rising Potential for International use of RMB China accounts for more than 10% of global trade and investment flows

More information

CROSS-BORDER ACCESS PLATFORM. Mainland Investors. International Investors. Equity. Commodities FIC. Mainland Products. International Products

CROSS-BORDER ACCESS PLATFORM. Mainland Investors. International Investors. Equity. Commodities FIC. Mainland Products. International Products 1 OVERVIEW Hong Kong is entering a new phase as a leading international financial centre. The scale and depth of the world s interaction with Mainland China s markets and investors are being transformed

More information

4th Annual Russian Securities Forum

4th Annual Russian Securities Forum 4th Annual Russian Securities Forum New Products, Investor Solutions, Infrastructural Challenges And How To Sustain Recent Growth Hotel Baltschug Kempinski, Moscow, June 26-27, 2007 8:30 Registration 9:10

More information

Chinese University of Hong Kong Conference on HKEx and the Market Structure Revolution

Chinese University of Hong Kong Conference on HKEx and the Market Structure Revolution Chinese University of Hong Kong Conference on HKEx and the Market Structure Revolution The Impact of Market Structure Changes on Securities Exchanges Regulation 31 March 2012 Keith Lui Executive Director,

More information

The OECD-WPC World Pensions & Investments Forum

The OECD-WPC World Pensions & Investments Forum Hosted by In Association With Supporting Partners The OECD-WPC World Pensions Sponsors Join a host of pension funds, endowments, sovereign wealth funds and insurance companies from across Europe, Asia

More information

Announcement of Statements from the Governor of Tokyo and the Director & Representative Executive Officer, Group CEO of the Japan Exchange Group, Inc.

Announcement of Statements from the Governor of Tokyo and the Director & Representative Executive Officer, Group CEO of the Japan Exchange Group, Inc. May 20, 2015 Bureau of Finance, Tokyo Metropolitan Government Japan Exchange Group, Inc. Announcement of Statements from the Governor of Tokyo and the Director & Representative Executive Officer, Group

More information

The Investor Universe. How to find your target investor; and what does he want? April 2011

The Investor Universe. How to find your target investor; and what does he want? April 2011 The Investor Universe How to find your target investor; and what does he want? April 2011 I. Types of investors II. Overview of international investors Conclusion 2 The transaction type drives the kind

More information

HKEx Group Strategic Plan 2013-2015

HKEx Group Strategic Plan 2013-2015 HKEx Annual Media Luncheon HKEx Group Strategic Plan 2013-2015 15 January 2013 2 Agenda 1 HKEx in Retrospect 2 HKEx Group Strategic Plan 2013-2015 3 Conclusion 3 Strategic Plan 2010-2012: Vision & Mission

More information

Challenges for Capital Market Development in Asia

Challenges for Capital Market Development in Asia Challenges for Capital Market Development in Asia Osaka, 30 October 2014 Masamichi Kono Vice Minister for International Affairs President, Asian Financial Partnership Center Financial Services Agency,

More information

D I G I T A L E C O N O M Y : L ET S B E R E A D Y F O R T H E N E W J O B S!

D I G I T A L E C O N O M Y : L ET S B E R E A D Y F O R T H E N E W J O B S! D I G I T A L E C O N O M Y : L ET S B E R E A D Y F O R T H E N E W J O B S! A C C E L E R A T I N G J O B C R E A T I O N A N D F U L F I L M E N T I N T H E D I G I T A L E C O N O M Y U S I N G T H

More information

GROW TOGETHER. GROW BETTER.

GROW TOGETHER. GROW BETTER. MED Confederation GROW TOGETHER. GROW BETTER. MED Confederation GROW TOGETHER. GROW BETTER. OBJECTIVE There is an urgent need to increase collaboration in the Mediterranean region, through creating a common

More information

DEFINITIVE ADVICE PRACTICAL GUIDANCE POWERFUL ADVOCACY LLP

DEFINITIVE ADVICE PRACTICAL GUIDANCE POWERFUL ADVOCACY LLP European Funds Practice DEFINITIVE ADVICE PRACTICAL GUIDANCE POWERFUL ADVOCACY LLP European Funds Practice Dechert s international Financial Services Practice features an industry-leading group of experienced

More information

Dubai Financial Market. Borse Dubai International Investor Conference November 2-3 2009 New York

Dubai Financial Market. Borse Dubai International Investor Conference November 2-3 2009 New York Dubai Financial Market Borse Dubai International Investor Conference November 2-3 2009 New York 1 Contents 1. Dubai Overview 3-6 2. Dubai s Financial Sector 7-10 3. UAE Capital Markets 11-14 4. Dubai Financial

More information

Second half of 2012. wholesale Banking / Investment Solutions / Specialized Financial Services

Second half of 2012. wholesale Banking / Investment Solutions / Specialized Financial Services NATIXIS at a glance Second half of 2012 wholesale Banking / Investment Solutions / Specialized Financial Services financial expertise to support clients financial expertise to support clients Global financial

More information

The Asset Management Working Group

The Asset Management Working Group Finance Initiative Innovative financing for sustainability The Asset Management Working Group What, why, who? Environmental and social issues count. Goldman Sachs Global Investment Research, February 2004.

More information

ASEAN Capital Market Integration and Lessons from the European Union

ASEAN Capital Market Integration and Lessons from the European Union ASEAN Capital Market Integration and Lessons from the European Union 44 th IAFEI World Congress: Global Recovery Amidst Reforms Makati Shangri-la 16 October 2014 Thiam Hee Ng, Senior Economist Asian Development

More information

SUBMISSION BY THE AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

SUBMISSION BY THE AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION SUBMISSION BY THE AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION Executive Summary ASIC has responsibility for the regulation of securities and some derivatives markets in Australia. These markets are

More information

EXCHANGE INSIGHTS: Dr Ibrahim Turhan Chairman & CEO Borsa Istanbul

EXCHANGE INSIGHTS: Dr Ibrahim Turhan Chairman & CEO Borsa Istanbul EXCHANGE INSIGHTS: Dr Ibrahim Turhan Chairman & CEO Borsa Istanbul February 2015 Federation of Euro-Asian Stock Exchanges (FEAS); Board Member Member of the World Economic Forum s Global Agenda Council

More information

Dedicated to Private Equity

Dedicated to Private Equity PRIVATE EQUITY Dedicated to Private Equity A global approach - Luxembourg service offering Why choose KPMG? A focus on what really matters You want people working with you who really understand the challenges

More information

Capital Market Integration and Stock Exchange Consolidation in the Asia-Pacific

Capital Market Integration and Stock Exchange Consolidation in the Asia-Pacific Joint Statement Asian Shadow Financial Regulatory Committee and Australia-New Zealand Shadow Financial Regulatory Committee Queenstown, New Zealand 6 April, 2011 * Capital Market Integration and Stock

More information

Asset Management Industry Development in Hong Kong, Singapore and China

Asset Management Industry Development in Hong Kong, Singapore and China Asset Management Industry Development in Hong Kong, Singapore and China by Terence Chong Vivian Wong Working Paper No. 7 March 2012 Institute of Global Economics and Finance The Chinese University of Hong

More information

Business Financing and Capital Market Reforms

Business Financing and Capital Market Reforms PECC-SINCPEC International Conference Competitiveness Enhancement: Business Financing and Capital Market Reforms in China STUART H. LECKIE, O.B.E., J.P., F.I.A., F.S.A. CHAIRMAN, STIRLING FINANCE LIMITED

More information

Keynote Speech delivered in the 2007 Financial Planning Conference. Organized by the Institute of Financial Planners.

Keynote Speech delivered in the 2007 Financial Planning Conference. Organized by the Institute of Financial Planners. Keynote Speech delivered in the 2007 Financial Planning Conference Organized by the Institute of Financial Planners 2 November 2007 Best Practice for Financial Planners Alexa Lam Executive Director Intermediaries

More information

RMB Internationalization and RMB Offshore Markets Development

RMB Internationalization and RMB Offshore Markets Development RMB Internationalization and RMB Offshore Markets Development Dr. Qin Xiao Former Chairman, China Merchants Group and China Merchants Bank Council Member, Hong Kong Financial Services Development Council

More information

Corporate & Investment Banking Top 5 position in Europe

Corporate & Investment Banking Top 5 position in Europe 15 June 2010 Corporate & Investment Banking Top 5 position in Europe Séverin Cabannes Deputy Chief Executive Officer Michel Péretié Head of Corporate and Investment Banking A model able to generate strong

More information

Solving financial challenges

Solving financial challenges Solving financial challenges in medical devices & healthcare organizations An action agenda for growth in Medical Devices companies Executive Summary 3 Contents The growth drivers for the Indian medical

More information

The RMB market in France Becoming a global currency

The RMB market in France Becoming a global currency The RMB market in France Becoming a global currency 元 (Renminbi): BECOMING A GLOBAL CURRENCY Over the last few years, the Renminbi (RMB) internationalization has been growing steadily. Measures have been

More information

LSEG Information Services Division. Investor and Analyst presentation. Mark Makepeace Group Director of Information Services, CEO of FTSE

LSEG Information Services Division. Investor and Analyst presentation. Mark Makepeace Group Director of Information Services, CEO of FTSE LSEG Information Services Division Investor and Analyst presentation Mark Makepeace Group Director of Information Services, CEO of FTSE 1 Table of Contents SECTION 1) Introduction by Xavier Rolet (CEO,

More information

Moderator Antoine Valdes, Founder and Chief Executive Officer, Alto Invest

Moderator Antoine Valdes, Founder and Chief Executive Officer, Alto Invest Update 03/04/2015 RG Main conference (round tables) held in English One to few meetings sessions held in German, in English and in French Location Schellenberg Wittmer Zurich office www.swlegal.ch Löwenstrasse

More information

BNP PARIBAS INVESTMENT SOLUTIONS Savings, investment and insurance for all our clients needs

BNP PARIBAS INVESTMENT SOLUTIONS Savings, investment and insurance for all our clients needs BNP PARIBAS INVESTMENT SOLUTIONS Savings, investment and insurance for all our clients needs INVESTMENT SOLUTIONS EXECUTIVE COMMITTEE We would like to thank our 26,160 employees around the world for their

More information

Financing in China. Export Development Canada. November, 2012. Chris Evans, Ontario Region

Financing in China. Export Development Canada. November, 2012. Chris Evans, Ontario Region Financing in China Export Development Canada Chris Evans, Ontario Region November, 2012 About Export Development Canada (EDC) Canada s Export Credit Agency Crown corporation wholly owned by Government

More information

2011 China International Financial Leasing Convention. Invitation Letter. May 18, 2011. Tianjin, China

2011 China International Financial Leasing Convention. Invitation Letter. May 18, 2011. Tianjin, China Invitation Letter May 18, 2011 Tianjin, China Peace, Cooperation and Development are still the key words in our new century. The global financial crisis has attacked the economic systems of all kinds and

More information

STANDARD CHARTERED PLC 渣 打 集 團 有 限 公 司

STANDARD CHARTERED PLC 渣 打 集 團 有 限 公 司 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this document, make no representation as to its accuracy or completeness

More information

M&A clients and markets event

M&A clients and markets event M&A clients and markets event Date: 13 August 2015 Time: 9.00 a.m. - 12.00 p.m. (registration starts at 8.30 a.m.) Venue: Deloitte (Kuala Lumpur office) Meetpoint 1 & 2 Level 15 Menara LGB 1 Jalan Wan

More information

SSE Newsletter. March-May 2015. Vol. 24. Highlights:

SSE Newsletter. March-May 2015. Vol. 24. Highlights: Vol. 24 SSE Newsletter March-May 2015 Highlights: SSE Composite rose by 39.31% in March- May 2015, while trading volume showed significant increase compared with that of the previous month SSE, CFFEX and

More information

Islamic Finance in Africa

Islamic Finance in Africa Islamic Finance in Africa Rundheersing Bheenick Governor Bank of Mauritius 2 nd Islamic Finance Conference Doha, 10 October 2011 1 Islamic Finance in Africa Contents The Global Islamic Finance Industry

More information

Your partner in wealth management

Your partner in wealth management Your partner in wealth management Societe Generale Private Banking Employees: 2,800 Reach: located in 22 countries Assets under management: 75.4 billion euros, as of 31 December 2009 Corporate awards 2010

More information

Third Annual Meeting. Task Force of Middle East and North African Stock Exchanges for Corporate Governance. Meeting Agenda

Third Annual Meeting. Task Force of Middle East and North African Stock Exchanges for Corporate Governance. Meeting Agenda Third Annual Meeting Task Force of Middle East and North African Stock Exchanges for Corporate Governance Meeting Agenda 2 December 2013 Sultanate of Oman Hosted by the Muscat Securities Market and the

More information

Mr. Chairman, Mr. President, distinguished Governors, ladies and gentlemen,

Mr. Chairman, Mr. President, distinguished Governors, ladies and gentlemen, Statement by Mr. Jun AZUMI, Minister of Finance of Japan, at the Forty-Fifth Annual Meeting of the Board of Governors of the Asian Development Bank (Manila, Philippines, May 4, 2012) 1. Introduction Mr.

More information

Speech Speech by SFST at Hong Kong Investment Funds Association 9th Annual Conference (English only) Friday, October 30, 2015

Speech Speech by SFST at Hong Kong Investment Funds Association 9th Annual Conference (English only) Friday, October 30, 2015 Speech Speech by SFST at Hong Kong Investment Funds Association 9th Annual Conference (English only) Friday, October 30, 2015 Following is the speech by the Secretary for Financial Services and the Treasury,

More information

Cayman Islands Companies: The Asia Connection

Cayman Islands Companies: The Asia Connection BERMUDA BRITISH VIRGIN ISLANDS CAYMAN ISLANDS CYPRUS DUBAI HONG KONG LONDON MAURITIUS MOSCOW SÃO PAULO SINGAPORE conyersdill.com December 2010 Cayman Islands Companies: The Asia Connection The Cayman Islands

More information

THE RETURN OF CAPITAL EXPENDITURE OR CAPEX CYCLE IN MALAYSIA

THE RETURN OF CAPITAL EXPENDITURE OR CAPEX CYCLE IN MALAYSIA PUBLIC BANK BERHAD ECONOMICS DIVISION MENARA PUBLIC BANK 146 JALAN AMPANG 50450 KUALA LUMPUR TEL : 03 2176 6000/666 FAX : 03 2163 9929 Public Bank Economic Review is published bi monthly by Economics Division,

More information

The Growth of China s Inter Bank Corporate Bond Market 1

The Growth of China s Inter Bank Corporate Bond Market 1 The Growth of China s Inter Bank Corporate Bond Market 1 I. Overview of China s Corporate Bond Market After more than 20 years in development, the China s bond market has developed into a multi layered

More information

Collective Investment Schemes in Asia: The Current Situation 1

Collective Investment Schemes in Asia: The Current Situation 1 Collective Investment Schemes in Asia: The Current Situation 1 Yuta Seki 1. Introduction In Asian countries, collective investment schemes (CISs) may be called different names such as mutual funds, unit

More information

Council Conclusions on Finance for Growth and the Long-term Financing of the European Economy. ECOFIN Council meeting Brussels, 9 December 2014

Council Conclusions on Finance for Growth and the Long-term Financing of the European Economy. ECOFIN Council meeting Brussels, 9 December 2014 Council of the European Union PRESS EN COUNCIL CONCLUSIONS Brussels, 9 December 2014 Council Conclusions on Finance for Growth and the Long-term Financing of the European Economy ECOFIN Council meeting

More information

Private Banking: London 2015 3 rd June 2015 Waldorf Astoria London, UK Conference & Awards

Private Banking: London 2015 3 rd June 2015 Waldorf Astoria London, UK Conference & Awards Private Banking: London 2015 3 rd June 2015 Waldorf Astoria London, UK Conference & Awards Private Banking: London 2015 asks important questions about the future of private banking in the face of a dramatically

More information

Response of the Association Française des Professionnels des Titres AFTI

Response of the Association Française des Professionnels des Titres AFTI Paris, 19 September 2008 Response of the Association Française des Professionnels des Titres AFTI to the Formal request for technical advice on identification of regulatory arrangements for post-trading

More information

AFG would like to stress an important issue which is the way entities enter into these operations.

AFG would like to stress an important issue which is the way entities enter into these operations. AGA n 4342/Div FSB Secretariat of the Financial Stability Board, c/o Bank for International Settlements, CH-4002, Basel, Switzerland Paris, 15 December 2014 AFG response to the FSB s consultation on Strengthening

More information

Speech. Speech by SFST at Alternative Investment Management Association in Asia 2016 (English only) Thursday, January 21, 2016

Speech. Speech by SFST at Alternative Investment Management Association in Asia 2016 (English only) Thursday, January 21, 2016 Speech Speech by SFST at Alternative Investment Management Association in Asia 2016 (English only) Thursday, January 21, 2016 Following is the speech by the Secretary for Financial Services and the Treasury,

More information

Agreement to Acquire Symetra Financial Corporation, A Listed U.S. Life Insurance Group

Agreement to Acquire Symetra Financial Corporation, A Listed U.S. Life Insurance Group For Immediate Release Agreement to Acquire Symetra Financial Corporation, A Listed U.S. Life Insurance Group Tokyo, Japan, August 11, 2015 - Sumitomo Life Insurance Company ( the Company ; President: Masahiro

More information

IIF Training 2015 Course Descriptions

IIF Training 2015 Course Descriptions IIF Training 2015 Course Descriptions Cross Industry Risk Management Executive Program on Understanding Country Risk (MENA)... 2 Executive Program on Country and Sovereign Risk Management... 3 Identifying

More information

Liberia Leasing Investment Forum

Liberia Leasing Investment Forum Liberia Leasing Investment Forum Finance Leasing in Liberia: June 13-14, 2012 Monrovia, Liberia Leasing is both a source of affordable capital for small and medium-sized businesses and a catalyst for socio-economic

More information

With russian direct investment fund

With russian direct investment fund With russian direct investment fund Today the positive dynamic of the Russian economy, the accumulated safety factors and our reserves allow us to set new ambitious goals. The Russian Direct Investment

More information

PREDICA Our business: to protect you and your loved ones

PREDICA Our business: to protect you and your loved ones PREDICA Our business: to protect you and your loved ones PREDICA, a CREDIT AGRICOLE ASSURANCES GROUP INSURANCE SUBSIDIARY, is now the nd-biggest life insurer in France. This leading position has been built

More information

INFORMATION NOTE. The development of government bond market in Singapore

INFORMATION NOTE. The development of government bond market in Singapore INFORMATION NOTE The development of government bond market in Singapore 1. Background 1.1 Announced in the 2009-2010 budget speech by the Financial Secretary, the Government intends to implement a programme

More information

Setting up a banking institution in Luxembourg

Setting up a banking institution in Luxembourg Setting up a banking institution in Luxembourg Marco Lichtfous Partner Advisory & Consulting Governance, Risk & Compliance Deloitte Said Qaceme Senior Manager Advisory & Consulting Strategy, Regulatory

More information

International Equity Markets. Dora Chen, Zhen Zhang, Daisy Guo, Spencer Hu,

International Equity Markets. Dora Chen, Zhen Zhang, Daisy Guo, Spencer Hu, International Equity Markets Dora Chen, Zhen Zhang, Daisy Guo, Spencer Hu, International Equity Markets Chapter Objective: This chapter continues discussion of international capital markets with a discussion

More information

REGISTER AT IIF.COM/TRAINING

REGISTER AT IIF.COM/TRAINING IIF EXECUTIVE PROGRAM ON PRIVATE BANKING AND WEALTH MANAGEMENT Evolving Wealth Transformation in Dynamic Growth Markets November 16-17, 2015 Singapore IN COOPERATION WITH COURSE DESCRIPTION IIF EXECUTIVE

More information

2012 European Market Challenger: Asia-Pacific Telecoms Service Provider of the Year

2012 European Market Challenger: Asia-Pacific Telecoms Service Provider of the Year 2012 2012 European Market Challenger: Asia-Pacific Telecoms Service Provider of the Year 2012 Frost & Sullivan 1 50 Years of Growth, Innovation and Leadership 2012 European Market Challenger Asia-Pacific

More information

New Monetary Policy Challenges

New Monetary Policy Challenges New Monetary Policy Challenges 63 Journal of Central Banking Theory and Practice, 2013, 1, pp. 63-67 Received: 5 December 2012; accepted: 4 January 2013 UDC: 336.74 Alexey V. Ulyukaev * New Monetary Policy

More information

Bank of America Merrill Lynch Banking & Insurance CEO Conference Bob Diamond

Bank of America Merrill Lynch Banking & Insurance CEO Conference Bob Diamond 4 October 2011 Bank of America Merrill Lynch Banking & Insurance CEO Conference Bob Diamond Thank you and good morning. It s a pleasure to be here and I d like to thank our hosts for the opportunity to

More information

Use of currencies In international trade by Marc Auboin, Counsellor

Use of currencies In international trade by Marc Auboin, Counsellor Use of currencies In international trade by Marc Auboin, Counsellor 3 basic realities and 2 questions Trade finance: systemic to trade. Little trade paid cash - 70-80% of world trade relies on trade credit/guarantees.

More information

Qatar - Qatar Investment Authority

Qatar - Qatar Investment Authority Qatar - Qatar Investment Authority Implementing Santiago Principles - Introductory Remarks Qatar Investment Authority (QIA) started its operations in early 2006, after an Emiri Decision, clearly stating

More information

SOCIETE GENERALE 2015 BANKING, INSURANCE & DIVERSIFIED

SOCIETE GENERALE 2015 BANKING, INSURANCE & DIVERSIFIED SOCIETE GENERALE 2015 BANKING, INSURANCE & DIVERSIFIED FINANCIALS CEO CONFERENCE Frédéric Oudéa, CEO 30 SEPTEMBER 2015 SOCIETE GENERALE GROUP DISCLAIMER This presentation contains forward-looking statements

More information

From a Custodian's Perspective - The Broad Brushstrokes of the QFII program

From a Custodian's Perspective - The Broad Brushstrokes of the QFII program From a Custodian's Perspective - The Broad Brushstrokes of the QFII program Tracy Lee Vice President, Sales & Business Development HSBC Securities Services, HSBC Singapore RESTRICTED Agenda A.Overview

More information

Our business: to protect you and your loved ones

Our business: to protect you and your loved ones predica Our business: to protect you and your loved ones predica, THE CRÉDIT AGRICOLE GROUP INSURANCE SUBSIDIARY, is now the 2 nd -biggest life insurer in France. This leading position has been built on

More information

SECTOR ASSESSMENT (SUMMARY): FINANCE 1. 1. Sector Performance, Problems, and Opportunities

SECTOR ASSESSMENT (SUMMARY): FINANCE 1. 1. Sector Performance, Problems, and Opportunities Country Partnership Strategy: Bangladesh, 2011 2015 SECTOR ASSESSMENT (SUMMARY): FINANCE 1 Sector Road Map 1. Sector Performance, Problems, and Opportunities 1. The finance sector in Bangladesh is diverse,

More information

Emerging Markets Fixed Income Capabilities

Emerging Markets Fixed Income Capabilities For professional investors Fixed Income Capabilities Opportunities in a market benefiting from strong fundamentals and increasing demand Fixed Income Capabilities I 2 BNP Paribas Investment Partners BNP

More information

Société Générale Corporate & Investment Banking delivers a leading performance in 2005 in Euro Capital Markets, Derivatives and Structured Finance

Société Générale Corporate & Investment Banking delivers a leading performance in 2005 in Euro Capital Markets, Derivatives and Structured Finance London, 24 January 2006 Press Release delivers a leading performance in 2005 in Euro Capital Markets, Derivatives and Structured Finance has continued to deliver an excellent commercial and award-winning

More information

Mr Duisenberg discusses the role of capital markets and financing in the euro area Speech by Willem F Duisenberg, President of the European Central

Mr Duisenberg discusses the role of capital markets and financing in the euro area Speech by Willem F Duisenberg, President of the European Central Mr Duisenberg discusses the role of capital markets and financing in the euro area Speech by Willem F Duisenberg, President of the European Central Bank, at the Waarborgfonds Sociale Woningbouw in Utrecht,

More information

DEBT/SUKUK CAPITAL MARKETS ON NASDAQ DUBAI

DEBT/SUKUK CAPITAL MARKETS ON NASDAQ DUBAI DEBT/SUKUK CAPITAL MARKETS ON NASDAQ DUBAI The Ideal Venue for Capital Raising The International Capital Market. From the Middle East. For the Middle East. أن نكون السوق المالية العالمية التي تعمل في الشرق

More information

Atos to enhance its global leadership in digital services

Atos to enhance its global leadership in digital services Atos to enhance its global leadership in digital services Atos to acquire Xerox IT outsourcing operations Atos and Xerox to enter in a worldwide strategic collaboration Atos would acquire Xerox s IT Outsourcing

More information

Latest developments in the international RMB market

Latest developments in the international RMB market Fourth Meeting of London Hong Kong RMB Forum 12 November 2014 The private-sector led London Hong Kong Forum to promote cooperation on the development of international renminbi (RMB) business (the Forum

More information

New Developments in Overseas Insurance Business ~ Agreement to Acquire 100% Ownership of a Listed

New Developments in Overseas Insurance Business ~ Agreement to Acquire 100% Ownership of a Listed New Developments in Overseas Insurance Business ~ Agreement to Acquire 100% Ownership of a Listed U.S. Life Insurance Group, StanCorp Financial Group, Inc. ~ July 24, 2015 Meiji Yasuda Life Insurance Company

More information

Trends in the Global Capital Markets Industry: Sell-Side Firms

Trends in the Global Capital Markets Industry: Sell-Side Firms What you need to know CAPITAL MARKETS Trends in the Global Capital Markets Industry: Sell-Side Firms Key emerging trends across sell-side firms and their implications on the global capital markets industry

More information

ECONOMIC REVIEW(A Monthly Issue) March, 2014

ECONOMIC REVIEW(A Monthly Issue) March, 2014 ECONOMIC REVIEW(A Monthly Issue) March, 2014 Economics & Strategic Planning Department http://www.bochk.com An Analysis on the Latest Developments and Comparative Advantages of Offshore RMB Centers Liu

More information

Challenges of Islamic Financial Market Development

Challenges of Islamic Financial Market Development Challenges of Islamic Financial Market Development By, Ijlal Alvi Contents Evolution of the Islamic Finance Industry & Islamic Capital Markets Current State of the Islamic Capital Markets Sukuk Issues

More information

Présentation Investisseurs / Investor Presentation PROGRAMME

Présentation Investisseurs / Investor Presentation PROGRAMME Présentation Investisseurs / Investor Presentation PROGRAMME 12.15 13.30 Accueil Buffet 12.15 13.30 Welcome Buffet 13.30 17.00 SFDI, une plate-forme de croissance pour BNP Paribas - Introduction (Pierre

More information

China's Global Integration - Developments in China s Onshore RMB market

China's Global Integration - Developments in China s Onshore RMB market China's Global Integration - Developments in China s Onshore RMB market Thank you Martin for your kind words It is a pleasure to be here today.. I m grateful to be given the chance to share a platform

More information

Think Asia Think Hong Kong, Paris Hong Kong: Asia s Premier Asset and Wealth Management Centre 28 October 2014

Think Asia Think Hong Kong, Paris Hong Kong: Asia s Premier Asset and Wealth Management Centre 28 October 2014 Think Asia Think Hong Kong, Paris Hong Kong: Asia s Premier Asset and Wealth Management Centre 28 October 2014 Keynote Address by the Hon Mrs Laura Cha Chairman of Financial Services Development Council,

More information