The conference
After two years hosting Global ABS in London, members of AFME/ESF have decided to move the event to Brussels. Join us as we further dialogue with the regulatory community, participate in key policy and client networking discussions and continue to focus on ways to rebuild the European securitisation market for sound growth and performance in the future. The agenda will be put together by industry professionals and focus on topics such as: • Global Regulatory Changes that Impact Securitisation • Restoring Confidence in the ABS markets • CMBS, RMBS and Real Estate Market Fundamentals • CLOs, CDOs and ABCP Related Topics • Issuer Funding Strategies in a New Environment • Trader, Research Analyst and Investor Roundtables ...and other major issues, as well as initiatives to improve transparency, standardisation and restoring investor confidence in the securitisation sector. In addition, the conference will explore and discuss other current issues concerning the state of the securitisation market and the financial sector as a whole. The AFME/ESF and IMN conference committee will be developing the programme and members are encouraged to participate. With more than 2,800 attendees in 2010, Global ABS 2011 will be the essential, annual global gathering of all your industry peers. Join thousands of your industry peers this June to explore and define the road ahead for the international structured finance markets. Why Participate? As an Exhibitor and/or Sponsor, you will reach industry leaders who can and do make decisions to purchase your products or services. Global ABS 2011 sponsors will have the opportunity to interact with an estimated 3,000 attendees. Accordant Benefits of Being a Sponsor: • Complimentary staff passes (including unlimited staff passes for Lead level sponsors). • Guest passes for all qualified investors and issuers – unlimited guest passes at the Lead level. • Exhibit booth space in a centrally located exhibit hall. Breakfasts, breaks and other functions will be held in the exhibit hall to draw attendees repeatedly throughout the conference. • Complete list of conference registrants both prior to and after the conference. • Firm logo, hyperlink and description on IMN website. • Firm name included as appropriate in pre-event communications and conference materials. • Sponsorship packages offered at new prices in order to maximize value. • Meeting room space when available at the Advocate level or higher.
Saturday, October 21st, 2017
5:10 PM
Welcome and Opening Remarks from AFME/ESF and IMN

5:10 PM
Registration and Delegate Breakfast

5:10 PM
Global Market Overview and Outlook/ Macroeconomic Overview

  • Kevin Ingram, Partner, CLIFFORD CHANCE (Moderator)
  • Robert Liao, Managing Director, CITI
  • Juan Pérez-Campanero, Head Economist, SANTANDER GLOBAL BANKING AND MARKETS
  • Fabrice Susini, Global Head of Securitisation, BNP PARIBAS
  • Dominic Swan, Head of Team, HSBC BANK PLC
5:10 PM
Assessing the Relative Value of Securitisation in Today’s Funding & Investment Environment
• Securitisation as part of an overall funding strategy – how does it compare with senior funding, covered bonds and retail? • Central Bank liquidity: what steps should the industry and authorities take to reduce reliance? • Comparing funding strategies – is there a level playing field for securitisation?

  • Jennifer Hughes, Senior Markets Correspondent, FINANCIAL TIMES (Moderator)
  • Katherine Frey, Managing Director, Structured Finance - EMEA, MOODY'S INVESTORS SERVICE
  • Salim Nathoo, Partner, ALLEN & OVERY LLP
  • Lee Rochford, Head of FI Structuring & Advisory, EMEA, RBS
  • Marc Nocart, Co-Global Head of Securitisation , SG CIB
  • William Howard Davies, Senior Vice President, PIMCO
  • Robert Plehn, Head of Capital Markets, GE FINANCE
5:10 PM
Keynote Address

  • Elemér Terták, Principal Advisor, Financial Institutions, DG Internal Market & Services, EUROPEAN COMMISSION
5:10 PM
Refreshment Break in the Exhibit Hall

5:10 PM
Stream A European Residential and Real Estate Market Fundamentals
• Are current spreads an accurate reflection of risk? • How have Europe’s mortgage markets performed through the crisis? • What is the outlook as interest rates rise?

  • Peter Voisey, Partner, CLIFFORD CHANCE LLP (Moderator)
  • Andrew South, Managing Director, S&P GLOBAL RATINGS
  • Trevor Pothecary, Chief Executive, THE MORTGAGE LENDER
  • Gareth Davies, Managing Director , J.P. MORGAN
  • Srikanth Sankaran, Head of European ABS Strategy Research, MORGAN STANLEY
  • Annik Lambert, Secretary General , EUROPEAN MORTGAGE FEDERATION
5:10 PM
Stream B Issuers Roundtable
• How do investors, regulators and politicians perceive today’s securitisation industry? • How to address these perceptions? • Does new and increased regulation affect choice of funding? • What are the challenges of the current market outlook

  • Cecile Hillary, Managing Director, MORGAN STANLEY (Moderator)
  • Alexander Batchvarov, Managing Director, BANK OF AMERICA MERRILL LYNCH
  • Niek Allon, Associate Director , NIBC BANK
  • Werner Groenendijk, Managing Director Asset Based Funding, ABN AMRO
  • John Harvey, Head of Structured Finance, THE PARAGON GROUP OF COMPANIES PLC
  • Tom Ranger, Director of Funding, SANTANDER
5:10 PM
Stream D Pricing Valuation and Execution Challenges
- Has it become easier or more difficult for investors to achieve transparent pricing? - What are the current challenges in valuing assets? - Quality of deal execution: have issuers and arrangers learnt the lessons of the crisis?

  • Frank Serravalli, Lead Partner, PWC (Moderator)
  • John Calabrese, Managing Director, GUGGENHEIM SECURITIES, LLC
  • Russ Parentela, Global Head of Structured Products, BLOOMBERG
  • Neil McPherson, Managing Director, MARKIT
  • Leon Webb, Senior Pricing Analyst, Enterprise Solutions, MCGRAW-HILL FINANCIAL, A STANDARD & POOR'S COMPANY
5:10 PM
Stream C Solvency II
• Where does the process stand? • What are the implications for securitisation? • How will existing and potential new investors be affected? • Will it prevent insurers investing in securitisation?

  • Bob Haken, Senior Associate, NORTON ROSE LLP (Moderator)
  • Neil Hepworth, Structured Credit Portfolio Manager, CARVAL INVESTORS
  • Robin Michaels, Head of Analytics, AGFE
  • David Skinner, Associate Director, PWC
  • Oliver Fochler, Managing Partner, Chief Executive Officer, STONE MOUNTAIN CAPITAL
5:10 PM
Stream A European Mortgage Credit Market Outlook – What does the future hold?
• What are today’s key origination trends? • How much have underwriting standards tightened? • Are we seeing the return of more aggressive lending? • What are the challenges of servicing poorly performing assets?

  • Simon Jones, Director, DEUTSCHE BANK (Moderator)
  • Michael Bolton, CEO & President, CLAYTON EURO RISK
  • Bart Verwaest, Head of Financial Engineering and Debt Management, BELFIUS BANK
  • Gregg Kohansky, Managing Director, FITCH RATINGS
  • Tom Ranger, Director of Funding, SANTANDER
  • Henri De Mont Serrat, Credit Research Analyst - ABS/CDO, NATIXIS
5:10 PM
Stream C Article 122a: Practical Considerations around Implementation
� Due diligence and disclosure practice � Loan level data and other information sources � Originator credit granting standards � Risk retention methods and issues � Questions left to be addressed

  • Kevin Hawken, Partner, MAYER BROWN INTERNATIONAL LLP (Moderator)
  • Emma Matebalavu, Partner, CLIFFORD CHANCE
  • Pascal Richard, Senior Risk Specialist, FINANCIAL SERVICES AUTHORITY (FSA)
  • Franco Talavera, Sr. Director of Product Marketing & Strategy, LEWTAN
  • Douglas Long, EVP Business Strategy, PRINCIPIA PARTNERS
  • Gaby Trinkaus, Senior Manager, DELOITTE
5:10 PM
Stream D New Data and Disclosure Requirements
• Loan level and other data disclosure • Bank of England Discount Window eligibility • The cashflow model • The new ECB rules • Systems and business challenges

  • Thomas Parachini, Partner, DENTONS UKMEA LLP (Moderator)
  • Russ Parentela, Global Head of Structured Products, BLOOMBERG
  • Kjeld Boerendonk, Director; Managing Director, GMG HYPOPORT; HYPOPORT
  • Jessica Miller, Director, PWC
  • Jeroen Batema, Director, OPEN SOURCE INVESTOR SERVICES B.V.
  • Fernando González, Head of Risk Strategy Division, EUROPEAN CENTRAL BANK
5:10 PM
Stream B The Impact Of Prudential Changes On Securitisation
• The New Resolution Regime, Bail-In and Basel III • The net stable funding ratio • The leverage ratio cap • Liquidity buffer eligibility

  • Ian Falconer, Partner, Finance, FRESHFIELDS BRUCKHAUS DERINGER LLP (Moderator)
  • Guy O Keefe, Partner, SLAUGHTER AND MAY
  • Olivier Renault, Head of Structuring & Advisory, STORMHARBOUR
  • Ashley Kibblewhite, Structured Finance, Prudential Risk Division , FINANCIAL SERVICES AUTHORITY
  • Alessandro Mandarini, Structured Capital Markets, UNICREDIT BANK AG
  • Christian Moor, Policy Expert, Securitisation & Covered Bonds & Market Risk, EUROPEAN BANKING AUTHORITY
5:10 PM
Luncheon for all Delegates

5:10 PM
Stream A Assessing the Relative Value of Covered Bonds as a Funding Tool
• Are covered bonds really “a form of securitisation”? • Do covered bonds have a hidden subsidy from governments?

  • Christopher Walsh, Partner, CLIFFORD CHANCE
  • Monica De Vries, Head of Retail Securitisation, Asset Backed Solutions, LLOYDS BANK COMMERCIAL BANKING
  • Martin Rast, Vice President - Senior Credit Officer, MOODY'S INVESTORS SERVICE LTD.
  • Ross Aucutt, Global Head of Funding, WESTPAC
  • Arjan Verbeek, Director, BNP PARIBAS
  • Raphael Thiolon, Global Structured Credit & Solution, NATIXIS
5:10 PM
Stream C Dodd-Frank Overview: Implications for non-US Issuers going to the US
• The importance of the US bid • Reps & warranties and due diligence • Reg AB and European regulation • Cashflow modelling • CRA issues, Rule 17g5

  • Hank Michael, Counsel, ALLEN & OVERY LLP (Moderator)
  • Claire Mezzanotte, Group MD, Head of Global Structured Finance, DBRS
  • James Mountain, Partner, DELOITTE & TOUCHE LLP
  • David Lukach, Partner, PWC
  • Richard Dorfman, Managing Director, Head of Securitisation Group, SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION (SIFMA)
  • Ken Kohler, Senior Of Counsel, MORRISON & FOERSTER LLP
5:10 PM
Stream D Role of the Trustee in the Default and Enforcement Process
How should a trustee respond where a deal begins to go wrong? How to manage unexpected structural changes Managing litigation What is the role of the specialist “financial adviser”?

  • Esther Cavett, Partner, CLIFFORD CHANCE LLP (Moderator)
  • Matthew Shankland, Partner, WEIL, GOTSHAL & MANGES
  • Olufemi Oye, Head of Special Situations, DEUTSCHE BANK
  • Zach Rosenbaum, Member of the Firm, LOWENSTEIN SANDLER LLP
5:10 PM
Stream B Liquidity Challenges in Secondary ABS Markets: Traders' Roundtable
• Has market transparency improved post-crisis? • What are the key issues driving liquidity in today's markets? • MIFID: implications for pre and post-trade reporting • Legacy deals, and new issues • Electronic Trading Platforms

  • Mark Hale, Chief Investment Officer, PRYTANIA INVESTMENT ADVISORS LLP (Moderator)
  • Stuart Calnan, Head of European ABS Trading, BARCLAYS
  • Rohit Hemdev, Managing Director, CITIGROUP
  • Craig Tipping, Managing Director, JEFFERIES INTERNATIONAL LTD
  • Rehan Latif, Managing Director, MORGAN STANLEY
  • Khilan Shah, European ABS Sales, NOMURA INTERNATIONAL PLC
  • John Thornton, Executive Director, UBS
5:10 PM
Stream A European Auto ABS
• Can auto ABS help the industry go up a gear? • Will there be enough issuance to sustain investor interest? • How critical is auto ABS to Europe’s leading auto companies? • Upcoming roll-out of the Bank of England DWF regime

  • Lynn Maxwell, Global Head, Securitisation, Structured Capital Markets, HSBC BANK PLC (Moderator)
  • Matthew Jones, Head EMEA Structured Finance, S&P GLOBAL RATINGS
  • Jan-Peter Huelbert, Executive Director, WESTLB AG
  • Meindert de Vreeze, Director Structured Finance & Securitisation, LEASEPLAN
  • Ralf Hesdahl, Partner, MAYER BROWN LLP
  • Xavier Tzinmann, Director - Financial Institutions Engineering Asset Backed Products, SOCIETE GENERALE
  • Nathalie Esnault, Managing Director, Securitisation, CRÉDIT AGRICOLE CIB
5:10 PM
Stream D Co-ordinating Europe and the US: Implications for non-European issuers coming to Europe
• Article 122a due diligence and retention • Differences between US and European retention regimes • ECB and Bank of England disclosure requirements • CRA issues: the challenges of the endorsement regime • Calibration with the US CRA regime

  • Elana Hahn, Partner, MORRISON & FOERSTER (Moderator)
  • Tim Davies , Director, Conduit Origination, RBS GLOBAL BANKING & MARKETS
  • Stuart Jennings, Managing Director, FITCH RATINGS
  • Ian Sideris, Partner, SIMMONS & SIMMONS
  • Edward Tang, Director, CITI
  • Jane Moon, Senior Legal Counsel, RBS
  • Frank Meijer, Head of ABS, Covered Bonds, Mortgages and Infrastructure, AEGON ASSET MANAGEMENT
5:10 PM
Stream C Key Accounting Issues & Developments
• IFRS and how sensitivity analysis will be needed for level 3 assets • Changes to impairment rules and impact on valuations • Are US and European accounting practices for securitisations converging or diverging?

  • James Hewer, Partner Structured Finance, PWC (Moderator)
  • Simon Stephens, Partner, DELOITTE
  • Sondra Tarshis, Director, Financial Reporting, MAZARS LLP
  • Huub Mourits, Global Director SFS, TMF STRUCTURED FINANCE SERVICES
  • Vinoy Nursiah, Finance Director, SFM EUROPE
5:10 PM
Stream B The Role of Infrastructure Finance and Government Debt Relief
• Is there a level playing field across Europe? • Is there a level playing field across competing funding techniques? • What should we as an industry realistically expect from governments, post-crisis?

  • Laurent Haik, Head of Operating Assets Europe, CRÉDIT AGRICOLE CIB (Moderator)
  • Iain Barbour, Managing Director, MBIA UK INSURANCE LTD
  • Mark Richards, Partner, BERWIN LEIGHTON PAISNER LLP
  • Eva Romer, Deputy Head of Unit, Directorate-General for Economic and Financial Affairs Unit, EUROPEAN COMMISSION
5:10 PM
Keynote Address

  • Thomas Huertas, Alternate Chair; Member of the Executive Committee, EUROPEAN BANKING AUTHORITY; FINANCIAL SERVICES AUTHORITY
5:10 PM
Refreshment Break in Exhibit Hall

5:10 PM
Stream A Credit Card ABS
• What role can credit card ABS play in helping the industry’s recovery? • How has portfolio performance fared in difficult economic times? • What benefits does securitisation bring to the credit card industry?

  • Steve Gandy, Head of ARCO Notes and Structuring, SANTANDER GLOBAL CORPORATE BANKING (Moderator)
  • Grant England, Senior Director, FITCH RATINGS
  • Peter Cui, Senior Vice President, Trader, JEFFERIES INTERNATIONAL LTD
  • Jeremy Bradley, Managing Director, SPG, LLOYDS BANK
5:10 PM
Stream C Rollout of MiFID to Fixed Income Markets: What are the Implications?
• What are the proposals? • Do investors want pre and post-trade disclosure? • Will MiFID help or hinder liquidity?

  • Christopher Schumann, Head of ABS Trading and strat. Product Mgt., DZ BANK AG (Moderator)
  • Hubert GRIGNON DUMOULIN, Member of the Executive Comittee, LUXEMBOURG STOCK EXCHANGE
  • Maria Teresa Fabregas Fernandez, Acting Head of Unit Securities Markets, EUROPEAN COMMISSION
5:10 PM
Stream D Broadening the ABS Investor Base: Attracting Non-Bank Investors
• Perspectives of non-bank investors • Are current market conditions attractive to them? • Is there anything more the industry should be doing? • What can policy makers do to encourage non-bank investors?

  • Oern Greif, Head of Debt Business Development UK, BNP PARIBAS IS SECURITIES SERVICES (Moderator)
  • Gaëlle Philippe-Viriot, Head of ABS Group, AXA INVESTMENT MANAGERS
  • Steve White, Head of Capital Markets, AGFE
  • Richard Curtis, Managing Director, WESTLB
  • Greg Branch, Partner/Chief Investment Officer, SCIO CAPITAL LLP
  • Gabriel Tissot, Portfolio Manager, BNP PARIBAS
  • Henry Cooke, Investment Manager, THREADNEEDLE
5:10 PM
Stream B ABS Research Analyst Roundtable
• In terms of the different underlying asset classes, what are the areas to watch in view of the changing macro outlooks? What are their • key performance drivers? • How has technical driven the rally in ABS secondaries? Where is the next stage of development? • What are the value considerations, in terms of ABS versus other asset types (eg. sovereign debt, covered bond, senior unsecured); US • versus European and Australian collaterals, among the various subasset classes within ABS; and along the capital structures (eg, senior, mezz, junior)? • The changing role of research in a more credit intense product

  • Giovanni Pini, ABS Strategist, BNP PARIBAS (Moderator)
  • Markus Herrmann, Managing Director, LANDESBANK BADEN-WÜRTTEMBERG
  • Gordon Kerr, Structured Finance Research, DBRS RATINGS LTD.
  • Conor O'Toole, Director, Head of European Asset Backed Research, DEUTSCHE BANK
  • David Covey, Managing Director, Head of European ABS Strategy, NOMURA INTERNATIONAL PLC
  • Krishna Prasad, Managing Director, Head of ABS & Mortgage Strategy, RBS
  • Altynay Davletova, Senior Director, Research , MERRILL LYNCH
5:10 PM
Day One of Global ABS 2011 Concludes and Cocktail Reception Commences in the Exhibit Hall

Saturday, October 21st, 2017
5:10 PM
Registration and Breakfast

5:10 PM
The Volume, Scope and Impact of New Regulation: Finding Well-Calibrated and Practical Solutions for the Benefit of the Consumer and the Industry
• How do Europe’s politicians view securitisation? How can the industry best communicate actual strong credit performance in Europe? Have lessons been learnt? • The impact of prudential changes on securitisation – the new resolution regime, bail-in and Basel III • Regulatory Trends and Calendar: Priorities for the next 12 months

  • Jason Kravitt, Partner, MAYER BROWN (Moderator)
  • Peter Jeffrey, Global Lead, PWC
  • Deborah Shire, Deputy Head Structured Finance, AXA INVESTMENT MANAGERS
  • Ganesh Rajendra, Head of Credit & Mortgage Strategy, EMEA, RBS
  • Reto Bachmann, Head of European ABS Research, BARCLAYS CAPITAL
5:10 PM
Investor Roundtable: Restoring the ABS Markets into the Mainstream
• Credit ratings: how should investors reduce over-reliance? Does civil legal liability make sense? Is the issuer-pays model discredited? Where does “endorsement” stand? • New due diligence requirements – complying with Article 122a • Why I do/ don't buy ABS at the moment?(regulatory, transparency, economics, performance, etc.) • Is there a risk of too much regulation creating disincentives for investment? • Is a AAA rating essential or will a sub-AAA market develop?

  • Simon Collingridge, Managing Director, STANDARD & POOR'S (Moderator)
  • Sanjeev Handa, , OLD ORCHARD LANE, LLC
  • Menno van den Elsaker, Manager - European Structured Credit, APG ASSET MANAGEMENT
  • Alistair Jeffery, Executive Chairman, BLUESTONE GROUP
  • Jeroen Bakker, Portfolio Manager, IMC ASSET MANAGEMENT
5:10 PM
Keynote Address

  • Vicky Ford, MEP, Conservative Party Spokesman on Economic and Monetary Affairs, EUROPEAN PARLIAMENT
5:10 PM
Refreshment Break in Exhibit Hall

5:10 PM
Stream A Update on the Dutch ABS Markets
- Market update and outlook - Performance trends - Search for investors - Developments in RMBS, auto and whole loan market - Lessons learned when an originator goes bankrupt

  • Bjorn Alink, Head of Securitisation, RABOBANK (Moderator)
  • Philippe Steffens, Partner, BAKER MCKENZIE
  • Harmen van den Hondel, Head of Northern Europe FI Secured Debt, RBS
  • Boudewijn Dierick, Head of Flow ABS and Covered Bond Structuring, BNP PARIBAS
  • Kees Westermann, Counsel, LINKLATERS
  • Emmanuel Issanchou, Managing Director, London Head of GSCS Europe, NATIXIS
  • CHRISTIAN KEPEL, Associate Director Structuring, NIBC
5:10 PM
Stream B Impact of Leveraged Loan Performance on the CLO Markets
• Market update and outlook • Article 122a implications for CLOs • The changing economics of leveraged loan CLOs • Benefits to the real economy

  • James Galowski, Co-Head of Structured Credit, APOLLO CAPITAL MANAGEMENT (Moderator)
  • Shawn Cooper, Director, DEUTSCHE BANK
  • Jon Wishnia, Partner, LOWENSTEIN SANDLER LLP
  • Henry Charpentier, Managing Director, Structured Finance - EMEA, MOODY'S INVESTORS SERVICE
  • Jeff Boswell, Portfolio Manager - Credit Fund Management, INTERMEDIATE CAPITAL GROUP
5:10 PM
Stream C New Mortgage Analysis Tools for Investors

  • Jacob Grotta, Managing Director, MOODY'S ANALYTICS (Moderator)
  • Perry DeFelice, Director, Capital Markets, 1010DATA
  • James Watkins, Managing Director, BLACKROCK
  • David Pagliaro, Senior Director EMEA - FIS, STANDARD & POOR'S
5:10 PM
Stream D Update on Structured Finance Rating Methodology Changes

  • Andrew Mulley, Managing Director, Head of Issuer Services EMEA, CITIBANK, N.A. (Moderator)
  • Alastair Bigley, Senior Vice President, DBRS
  • Irene Ho-Moore, Managing Director, STANDARD & POOR'S RATINGS SERVICES
  • Saul Greenberg, Managing Partner, SCIO CAPITAL
  • Ning Loh, Vice President - Senior Credit Officer, MOODY'S INVESTORS SERVICE
  • Marjan Van Der Weijden, Managing Director, FITCH RATINGS
5:10 PM
Stream A Aussie RMBS Roundtable
• How will the new rules on covered bonds affect the Aussie RMBS market? • What are the implications of Basel III liquidity rules for the Aussie market? • Latest performance trends

  • Chris Dalton, Chief Executive Officer, AUSTRALIAN SECURITISATION FORUM (Moderator)
  • Karolina Popic, Partner, ALLEN & OVERY LLP
  • Robert Verlander, Head of Debt Markets Securitisation, COMMONWEALTH BANK
  • David Goodman, Global Head of GCM Strategy, WESTPAC BANKING CORP
  • Mary Ploughman, Joint Chief Executive Officer, RESIMAC
  • Max Pedler, Head of Term Funding and Liquidity, BENDIGO AND ADELAIDE BANK LIMITED
5:10 PM
Stream B European Commercial Real Estate
• Will CMBS re-emerge as an asset class? • What should new transactions include / exclude? • Class X Notes and voting rights

  • Damian Thompson, Head of Asset Backed Finance, Europe, RBS (Moderator)
  • Tauhid Ijaz, Partner, HOGAN LOVELLS
  • Dean Atkins, Head, 400 CAPITAL MANAGEMENT EUROPE
  • Caroline Philips, Head of Structured Debt Products Europe, EUROHYPO
  • Paul Lewis, Senior Director, CBRE FINANCIAL SERVICES
  • Euan Gatfield, Managing Director, FITCH RATINGS
5:10 PM
Stream C Assessing Liquidity and Outlook for the Global Covered Bonds Market
• Re-securitisations • Trading book changes

  • Tim Skeet, Special Advisor, ICMA (Moderator)
  • Tommaso Uslenghi, Credit Solutions Group - Head of Securitisation, BANCA IMI
  • Steffen Dahmer, Executive Director, Head of Trading Covered Bonds, J.P. MORGAN SECURITIES PLC FRANKFURT BRANCH
  • Giles Parker, Director, UBS INVESTMENT BANK
  • Leef Dierks, Vice President, Head of Covered Bond and SSA Strategy, MORGAN STANLEY
  • David Kim, FIN Solutions - Secured Financing, BARCLAYS CAPITAL
5:10 PM
Stream D Overview of the European SME Market
-What is the performance driver for SME lending, and outlook in view of the overall GDP performance trend? -What is the current state of SME funding? How can securitisation play a meaningful role in SME financing? -Does SME CLO provide a realistic solution to issuers (costs, investor demand etc)? -How has existing SME CLO performed? What are the concerns facing potential SME CLO investors?

  • Laurent Mitaty, Global Deputy Head of Asset Backed Products, Head of Asset Backed Products Europe, SOCIETE GENERALE (Moderator)
  • Reinald de Monchy, Managing Director – Wholesale Solutions, BRITISH BUSINESS BANK
  • Marta Zurita, Senior Vice President, Business Development, DBRS
  • Ope Agbaje, Senior Vice President, NEUBERGER BERMAN EUROPE LIMITED
  • Markus Schaber, Chief Executive Officer, EUROPEAN DATAWAREHOUSE GMBH
5:10 PM
Luncheon for all Delegates

5:10 PM
Stream A ABCP Panel: Current Challenges
• Market update and outlook • How have recent regulatory developments such as Article 122a affected ABCP conduits? • US accounting/reg cap rules • Choice of law in multi-country deals, Rome Convention • Dodd-Frank and Reg AB • Bank liquidity standards • Lack of EABCP market investors • Accounting and tax developments

  • Jonathan Walsh, Partner, BAKER MCKENZIE (Moderator)
  • David Hynes, Managing Partner, NORTHCROSS CAPITAL LLP
  • Thierry Havrileck, Head Conduit Management Group Securitisation Europe, SOCIETE GENERALE CORPORATE & INVESTMENT BANKING
  • Carol Hitselberger, Partner, MAYER BROWN LLP
  • Edward Weber, Managing Director - ABF, NORD/LB
  • Dominic Swan, Head of Team, HSBC BANK PLC
5:10 PM
Stream C SPV Management in the Post Crisis Environment
- Are Europe's traditional SPV locations changing? - Are SPVs any better understood by regulators and investors post-crisis? - Current tax and accounting issues - The challenges of PECOs after Eurosail

  • James McEvoy, MD Structured Finance Services, CITCO STRUCTURED FINANCE SERVICES (Moderator)
  • Andrew Norwood, Consultant, WEIL, GOTSHAL & MANGES
  • Glenn Butt, Partner, ARTHUR COX
  • Kieran Desmond, Global Head of Structured Finance Services, TMF GROUP
5:10 PM
Stream B Assessing the Future of the CDO Market
• Capital charges for banks and insurers • Regulatory requirements • Valuations considerations

  • Rishad Ahluwalia, Managing Director, JP MORGAN (Moderator)
  • Robina Barker Bennett, Managing Director and Global Head of Funds, LLOYDS BANKING GROUP
  • Robert Sainato, Managing Director, Structured Credit & Mortgage Group, ADVISORS ASSET MANAGEMENT
  • Jeremy Carter, Managing Director, FITCH RATINGS
  • Jonathan Butler, European Head of Leveraged Finance, PGIM FIXED INCOME
5:10 PM
Stream D Emerging Markets Overview
• Russia • India • Turkey • Middle East • APAC - China/ Korea • South America

  • Stefan Bund, Managing Director, WEST LB (Moderator)
  • Sebastian Walf, Director, CITI
  • Jacob Binnema, Capital Markets, RABOBANK INTERNATIONAL
  • Fazel Ahmed, Securitzed Products Emerging Europe, UNICREDIT BANK AG
  • Tim Nicolle, Partner, PWC
  • Dobrin Staikov, Senior Banker, EBRD
  • Andrey Suchkov, Managing Director, CJSC VTB CAPITAL
5:10 PM
Stream A Southern Europe
• What factors are currently driving securitisation in Italy and Spain? • How significant is the “sovereign risk” factor? • How have market fundamentals held up through the crisis? • Is there a perception gap for Italian and Spanish deals? • What steps have been taken to implement Article 122a in Spain and Italy?

  • Francisco DISSERA, Executive Director, UBS (Moderator)
  • Alessandro Gatto, Managing Director, JP MORGAN
  • Romina Rosto, Co-Head Securitization & Distribution Solutions, SOCIETE GENERALE
  • Umberto Mauro, Partner, NORTON ROSE FULBRIGHT
  • Jean-Baptiste Thiery, Deputy Head, European Structured Credit & Solutions, NATIXIS
  • Borja Saez, Director, INTERMONEY TITULIZACIóN
5:10 PM
Stream B CMBS – Challenges and Conflicts in Restructuring Transactions
• What level of transaction restructuring and/or extension should noteholders expect? • Is the ‘wall of refinancing’ due between 2012-2015 surmountable? • How can noteholders act effectively together? • Does the special servicing role work effectively for noteholders? How much discretion should the special servicer exercise? • Are special servicers granting too many loan extensions? When is enforcement a realistic option? • What are the economics of maturity extension vs. margin step-up? • What is the feasibility of extending beyond legal maturity? • What role do the plethora of advisers to borrowers, servicers and noteholders have to play? • What differences come up in restructurings between UK, German and other European jurisdictions?

  • Edward Baker, Director, ABS Portfolio Management , LLOYDS BANKING GROUP (Moderator)
  • Michael Cox, Executive Director, UBS
  • Thomas Jackivicz, Managing Director, MORGAN STANLEY
  • Christian Aufsatz, Managing Director, Head of European Structured Finance, DBRS RATINGS LIMITED
  • David Conway, Portfolio Manager, ALLCAP ASSET MANAGEMENT LTD
  • Thorsten Palinkas, Director, BLACKROCK
  • James Tarry, Portfolio Manager, PALATIUM CAPITAL PARTNERS
5:10 PM
Stream C Challenges Facing Trustees
Exercise of discretion Practical difficulties for trustees Difficulties in bondholder communication and possible solutions Extreme portfolio performance

  • Julian Tucker, Senior Legal Counsel, CITIGROUP (Moderator)
  • Simon Hill, Partner, ALLEN & OVERY LLP
  • Jo Murray, Managing Director, BNY MELLON
  • Breige Tinnelly, Senior Vice President, US BANK
  • Ben Hepden, Director, DEUTSCHE BANK
  • Helen Tricard, Head of Restructuring and Transaction Management, BNP PARIBAS SECURITIES SERVICES
5:10 PM
Stream D Which Are The New or Re-Emerging Asset Classes?
• Insurance risk • Whole business • Broker-dealer/repo financing • Renewable energy

  • Tamara Box, Partner, BERWIN LEIGHTON PAISNER LLP (Moderator)
  • Mark Gibson, Head of Non-Life Insurance Solutions, BNP PARIBAS
  • John Spedding, Managing Director, BNY MELLON - QSR MANAGEMENT LTD
  • Thierry Berthold, Head of Insurance Solutions, NATIXIS
5:10 PM
Keynote Address

  • Francesco Papadia, Director General Market Operations, EUROPEAN CENTRAL BANK
5:10 PM
Refreshment Break in Exhibit Hall

5:10 PM
Stream A The CLO/ CDO Secondary Market: Liquidity and Transparency

  • Shaun Baddeley, Head of Securitisation, SANTANDER GLOBAL CORPORATE BANKING (Moderator)
  • Sharif Anbar-Colas, Head of European CLO/CDO Trading, JEFFERIES INTERNATIONAL LTD
  • Christopher Allen, Senior Managing Director, CVC CREDIT PARTNERS
5:10 PM
Stream B Corporate Finance and Securitisation
• Options for business financing • Conduits, banks, securitisation, asset finance • Supplier finance: the other end of the telescope • Inventory and other trade finance

  • Mark O'Keefe, Global Head of Asset Based Finance, RABOBANK (Moderator)
  • Walter Garbuio, Director, BANCA IMI
  • Jan Willem Hofstede, Structured Finance Services, CITCO STRUCTURED FINANCE SERVICES BV
  • Jeremiah Wagner, Partner, CADWALADER, WICKERSHAM & TAFT LLP
5:10 PM
Stream C The Impact of Sovereign Ratings Downgrades
• Ireland • Spain • [Portugal] • [Greece]

  • Ian Linnell, Group Managing Director, FITCH RATINGS (Moderator)
  • Olivier Defaux, Managing Director, BLACKROCK
  • Paula Gomes Freire, Lawyer, VIEIRA DE ALMEIDA & ASSOCIADOS
  • Pedro Paulo Lourenco de Castro, CFO Banco Santander Consumer Portugal S.A., SANTANDER CONSUMER PORTUGAL
  • Julio Soto, Director, BANCO CAMINOS SA
  • Herve-Pierre Flammier, Managing Director, STANDARD & POORS RATING SERVICES
5:10 PM
Global ABS 2011 Concludes

5:10 PM
Stream D UK Market Update
• Have the markets fully recovered? • How has the investor base changed? • Is the UK market still the bellweather of the market?

  • Bob Paterson, Head of Syndicate, LLOYDS BANKING GROUP (Moderator)
  • Mark Hedges, Head of Structured Finance, NATIONWIDE BUILDING SOCIETY
  • Tom Ranger, Director of Funding, SANTANDER
  • William Howard Davies, Senior Vice President, PIMCO
Event Contacts
Director of Programming
Jade Friedensohn
(212) 901-0560
Associate Investor/Issuer Relations
Caitlin Fitzpatrick
(212) 224-3530
Director - Head of Sponsorship Sales
Chris Keeping
(212) 901-0533
Vice President – Business Development
Chris Arnold
(212) 901-0544
VP, Sponsorship Management
Ashley Hofmann
(212) 901-0562
Square Brussels Meeting Centre

Phone: 32 (0)2 515 1300

Rue Ravensteinstraat 2
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Royal Windsor Hotel Grand Place

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A 2 night non-refundable deposit is required to ensure reservation. If deposit is not received, the room reservation will be cancelled automatically. Located .4 KM from Square Brussels Meeting Centre.

Phone: (32) 2 505 5500