Financial Regulation in Asia
Venue: Asia House
|Event Date/Time: Sep 19, 2012||End Date/Time: Sep 19, 2012|
The role of Central Banks, investment authorities, specific investor groups such as hedge funds, retail and investment banks in Asia will be examined. By considering the scope for regional cooperation and the risk appetite for Asian financial products, the implications of new regulations will be showcased in the evolving global financial climate.
Panel 1 will explore will examine the impact of regulation in the ASEAN region. ASEAN countries face challenges in meeting liquidity standards imposed by Western reformers, which require banks to hold a certain level of highly liquid assets, such as government bonds, to meet their funding obligations at times of stress in the financial system.
Panel 2 will focus on the impact of regulation on more developed economies, such as India, China, Singapore, Hong Kong and Taiwan. The need for regulation on innovative financial products will be analysed, as well as the ways in which to reduce pro-cyclicality of regulation by these countries, both at the national and regional level.
Charles Haswell is Group Head of Regulatory Policy and Development, HSBC Group. Prior to joining the financial sector, Charles became a China expert for the Foreign Office. He served in the British Embassy in Beijing from 1982â€“1986, and again in 2000â€“2004 as Director of Trade and Investment for China.
Panel 1: Financial Regulation in the ASEAN Region
Carl Fernandes is a Partner in the Global Financial Regulation Group at Linklaters. He has extensive experience in advising banks, broker-dealers, asset managers and private banks on a broad range of complex financial services regulatory issues in both Europe and Asia. Carl was head of the Asian Financial Regulation Group at Linklaters for five years before recently returning to London.
Liz Lloyd is Group Head of Public Affairs for Standard Chartered Bank, responsible for coordinating the bank's policies and positioning on all political and regulatory matters. Prior to joining Standard Chartered in 2007, she was Special Adviser to Tony Blair on issues including home affairs, Africa, and climate change; and was Deputy Chief of Staff.
Paul Traynor is Managing Director, Head of Insurance Segment EMEA at BNY Mellon. He trained as a Chartered Accountant with Price Waterhouse and he led PwC's Investment Management Consultancy business in the UK before joining BNY Mellon in 2005. Paul leads the insurance teams across BNY Mellonâ€™s Investment Management and Investment Services businesses outside of the USA.
Miles Celic is Director of Group Public Affairs and Policy at Prudential plc. Miles was Chief Aide for Calum MacDonald MP in parliament before joining the lobbying group GPC Market Access. Miles moved on to HSBC in 2007 to lead on UK, European and international stakeholder engagement, and in 2009 he joined Prudential. Miles is a member of the Prudential Global Leadership Team and an Asia House Trustee.
Panel 2: Financial Regulation in Developed Economies
Charles Taylor is the Chief Operating Officer and a founding Director of the International Centre for Financial Regulation. His focus is on regulation of non-financial corporates, regulation and governance in emerging markets, financial reporting and the role of technology in governance, risk, and compliance. Charles has extensive knowledge of technology for the financial services market and has also developed businesses in Asia and USA.
Hui Zheng is an associate based in London and Coordinator of China Group (London) of Allen & Overy LLP. He is qualified in both the Chinese Bar and in England & Wales as a solicitor. Hui has contributed chapters to Chinese Business Law and Neate and Godfrey: Bank Confidentiality, Fifth Edition. He has also had articles published by the Beijing Arbitration Journal in 2010 and by Securities Law Review in May 2012.
Fung Siu is the Deputy Product Head of Country Forecasting Services at the Economist Intelligence Unit where she works on product development related to the company's Country Forecasting Services. She is also currently the lead analyst for Bangladesh, Malaysia, and Singapore.