台灣金融研訓院(教育訓練)台灣金融研訓院(教育訓練)

班名

- 主題 -
衍生性商品原始保證金(IM)
監理規範最新趨勢

本活動特別邀請來自ISDA等國際機構之資深專家與會分享,從市場趨勢、法規監管及作業層面切入,探討抵押品管理及衍生性金融工具保證金制度。2020年為非集中結算衍生性商品原始保證金(Initial margin for non-centrally cleared derivatives)分階段實施的最後期限,涉及系統模型導入,流程、文件等繁複作業,銀行業者及交易對手應盡早做好規劃,以因應國際監理趨勢。

-課程大綱-
本課程備有中英文逐步口譯服務

14:00-14:05 致歡迎詞 Welcome Remarks
14:05-14:50
亞洲保證金的改革及規範 Margining Reforms and Rules in Asia
  • WGMR framework and implementation timing
  • Application to cross-border counterparty parings
  • Preparation Steps for Exchanging IM (CSAs, SIMM, Custodial relationships)
  • The industry letter requesting BCBS-IOSCO on Phase 5 implementation challenges
  • Understanding ISDA SIMM™

Keith Noyes, Regional Director of Asia Pacific ISDA
14:50-15:35
衍生性商品保證金-抵押擔保品管理Collateral Management Fundamentals
  • Defining Collateral Management
  • Why Collateralize?
  • Beneficial Effects of Collateralization
  • Practicalities of Margining
  • Market Drivers
  • Initial Margin (IM) Rules
  • Regulatory and SIMM Support
  • Collateral Management Functionality to consider
  • Overview of Collateral Management Best Practice Today
  • What a ‘front to back’ Collateral Solution can support?

Trevor Negus, Product Manager, SmartStream Technologies
15:35-15:50 Coffee Break
15:50-16:30
抵押擔保品管理與隔離機制Collateral Management and Segregation
  • Choosing your custodian
  • Your Segregation Options: 3rd party custody vs Triparty
  • Legal Documentation
  • From custodian selection to go live. A timeline of activities
  • Variation Margin management, options for managing the daily process

Filippo Santilli, Head of Liquidity and Segregation APAC, BNY Mellon
16:30-16:50 Moderator: Keith Noyes, Regional Director of Asia Pacific ISDA
Panelist: Keith Noyes, Trevor Negus, and Filippo Santilli
16:50-17:00 Q&A
※本院保留變更活動內容及講座、講題、時間安排等權利。

-機構介紹-

ISDA (International Swaps and Derivatives Association)
Since 1985, the International Swaps and Derivatives Association has worked to make the global derivatives markets safer and more efficient. ISDA’s pioneering work in developing the ISDA Master Agreement and a wide range of related documentation materials, and in ensuring the enforceability of their netting and collateral provisions, has helped to significantly reduce credit and legal risk. The Association has been a leader in promoting sound risk management practices and processes, and engages constructively with policymakers and legislators around the world to advance the understanding and treatment of derivatives as a risk management tool.

SmartStream Technologies Limited
SmartStream is a global software and managed services provider that in challenging markets conditions has outpaced its rivals in the financial markets sector, creating an impressive base of more than 1,500 customers. This includes more than 70 of the world’s top 100 banks alongside the world’s leading asset managers, custodians and broker dealers.

講師介紹

  • Keith Noyes, Regional Director, Asia Pacific, ISDA

    Mr. Noyes is based in Hong Kong and heads the offices in Hong Kong and Singapore. His focus is on strengthening ISDA’s relationships in the Asia Pacific region. One of his areas of interest is extraterritorially and global regulatory conflict, subjects on which he has published several articles and made numerous public presentations. Mr. Noyes serves as an invited industry consultant in the Hong Kong Securities and Futures Commission’s Product Advisory Committee and an invited external consultant reviewing the OTC Clearing Syllabus for the Hong Kong Securities Institute. Mr. Noyes is also co-chair of the Hong Kong Monetary Authority/Treasury Markets Association working group on Hong Kong’s CCP for OTC derivatives.

  • Trevor Negus, Product Manager, SmartStream Technologies

    Trevor has worked in Investment Banking for over 20 years, starting his career at Salomon Brothers working in Fixed Income Operations. This was followed by positions on the Equity Lending Desk and in Convertible Bond Sales. After a move to Deutsche Bank working on the Repo Trading Desk he moved into Collateral Management and has spent 15 years in this field. Initially heading up the Collateral New Business Team, he then moved on to manage the EMEA Margining Team responsible for OTC, Repo and FX Margining.

  • Filippo Santilli, Head of Liquidity & Segregation APAC, BNY Mellon Markets, Hong Kong

    Filippo joined BNY Mellon as head of global liquidity services for APAC in August 2009, expanding the Liquidity DIRECT business across the region. He is currently head of liquidity & segregation in APAC, focusing on solutions to address uncleared margin rules as well as liquidity management, triparty & 3rd party segregation, collateral administration, collateralized loans.

    Filippo worked for Morgan Stanley Investment Management in Luxembourg from 1999 to 2005 as head of client services. He then moved to London and joined Lehman Brothers Asset Management in its start-up liquidity funds business, eventually spearheading efforts in Asia by moving to Hong Kong in 2007. Filippo has a laurea in economics from LUISS University, Rome, and a master of science in international business and finance from European Academic Consortium, Netherlands and France.

-課程資訊-

課程時間 /
2019/03/12 (週二) 14:00-17:00
課程地點 /
台灣金融研訓院 (100臺北市中正區羅斯福路三段62號)
參加費用:
一般報名 三人以上團報 愛學習點數報名
每人3,600元 每人3,240元 每人324點
*團報優惠與愛學習點數優惠請擇一使用,恕無法併用
參加對象
  • 金融監督管理委員會、中央銀行及財政部等主管機關代表
  • 金融業相關公會及周邊單位負責人及相關主管
  • 各金融機構國際金融、策略發展、金融商品交易與設計、財務管理、資本市場、風險管理、法令遵循、內部稽核等相關部門主管及從業人員
  • 會計師與律師事務所及相關管理顧問公司人員
  • 金融科技業、電信業、電子商務業、管理顧問業從業人員
  • 金融相關研究機構
  • 大學院校財務金融及商管相關系所教師及學生

線上報名 下載報名表

- 其他事項 -

  • 報名後如欲取消,請於2019/03/07前以書面通知本院客戶服務中心;如未辦理書面取消手續,仍須照常收費。如有活動異動或調整事宜,將以簡訊或e-mail通知。
  • 如遇不可抗力因素,本院保留變更本活動內容、講座、講題及時間安排等權利,活動資訊如有異動,以本院網站更新公告為準。
  • 本活動備有中英文逐步口譯服務,請攜帶身分證件以利租借口譯設備。