Programme - 9 August 2011

8:20	Registration
8:50	Opening remarks
9:00	Keynote address: Managing and mitigating the impact of Basel III Mike Ritchie, Partner in Charge, Financial Risk Management, KPMG
9:40	Chief economist roundtable Moderator: Chris Caton, Chief Economist, BT FINANCIAL GROUP Panelists: Paul Bloxham, Chief Economist, Australia & New Zealand, HSBC Besa Deda, Chief Economist, ST. GEORGE BANK Tim Harcourt, Chief Economist, AUSTRALIAN TRADE COMMISSION John Honan, Head of Research, Chief Economist, AUSBIL DEXIA
10:30	Coffee break
	Stream one	Stream two
11:00	Chairman's opening remarks	Chairman's opening remarks
11:10	Panel discussion: Aligning strategy with emerging regulations - Assessing the impact of emerging regulations (Basel III, Dodd-Frank, etc) on internal processes and systems - Ensuring that internal governance, operational and compliance resources are up to the task - Strategies to invest in IT infrastructure, product development and staff training Moderator: Colleen Cassidy, Managing Director, PROMONTORY Panelists: Edmund Bosworth, Head of Risk-Reward, WESTPAC Ram Doss, General Manager, Risk & Performance Measurement, TREASURY CORPORATION OF VICTORIA Paul Kennedy, General Manager Policy & Portfolio Analytics, COMMONWEALTH BANK Mike Ritchie, Partner in Charge, Financial Risk Management, KPMG	Panel discussion: Understanding ETF liquidity and pricing - Evaluating liquidity of ETFs - Major factors that affect the liquidity profile: asset class, market cap, risk - What factors are considered when an ETF is priced? What is the role of market-makers? Moderator: Don Hamson, Managing Director, PLATO INVESTMENT MANAGEMENT Panelists: Andrew Arthur, Regional Market & Liquidity Risk Manager, Asia Pacific, SCHRODER INVESTMENT MANAGEMENT Joshua Bloom, Portfolio Manager, SUNSUPER Marco Montanari, Head of db X-trackers ETFs, Asia, DEUTSCHE BANK
12:00	Panel discussion: Latest developments in OTC derivatives trading - Is there a role for CCPs in Australia's OTC derivative markets? - Understanding the key impact of Dodd Frank on clearing OTC derivatives in Australia - Will we see the creation of internationally fragmented centrally cleared markets for OTC derivatives ? What are the implications of clearing fragmentation? - The impact of Basel III and low CCP risk weightings - Will clearing OTC derivatives through CCPs reduce systemic risk? - What would be the impact of mandating domestic CCP clearing for A$ interest rate swaps? Moderator: Paul Jones, General Manager, Clearing Risk Policy, ASX Panelists: Mark Chambers, Senior Manager, Payments System Stability Payments Policy Department, RESERVE BANK OF AUSTRALIA Scott Farrell, Partner, MALLESONS STEPHEN JAQUES John Feeney, Head of Rates and Credit, Wholesale Banking, NATIONAL AUSTRALIA BANK Kevin Nixon, Head of Regulatory Reform, WESTPAC	Panel discussion: Risk management for asset owners - Managing and aggregating core risks facing asset owners who are managing money internally -System issues -Access issues -What's worked vs what hasn't? - Assessing platforms and products that facilitate the process - Strategies to achieve implementation and risk-management of allocations - Emerging importance of risk transparency - Meeting expectations of regulators and investors Moderator: George Vassos, Managing Director, OMEGA GLOBAL INVESTORS Panelists: Tom Gillespie, Senior Portfolio Manager, Risk, AUSTRALIAN REWARD INVESTMENT ALLIANCE (ARIA) Dennis Sams, Head of Fixed Interest and Cash, UNISUPER Kent Sutherland, Head of Equities, VICTORIAN FUNDS MANAGEMENT CORPORATION
12:50	Lunch
14:00	Presentation: Stress testing and hedging CVA - Managing CVA across multiple product types - Assessing the fundamental drivers to CVA change - Stress testing and hedging CVA at counterparty and macro level - Managing wrong way risk in CVA Alexander Sokol, Founder, NUMERIX/COMPATIBL	Presentation: Dynamic asset allocation - Understanding the concept: how does it minimise risk? - Developing, testing and implementing DAA strategy - DAA v dynamic downside risk management Tony Mackenzie, Head of Portfolio Design, QIC
14:40	Panel discussion: Developing a liquidity risk strategy - Analysing the progress towards capital and liquidity adequacy for different market participants - Beyond the banks: who else falls within the liquidity risk regulation framework? - The trading book and beyond: charting the impact on traded and non-traded market risk and ALM Moderator: John Feeney, Head of Rates and Credit, Wholesale Banking, NATIONAL AUSTRALIA BANK Panelists: Lyn Cobley, Group Treasurer, COMMONWEALTH BANK Adrian Went, Head of Balance Sheet Management, ANZ Michael Witts, Treasurer, ING BANK AUSTRALIA	Panel discussion: Strategies for hedging inflation - How necessary is an inflation strategy in light of recent market conditions? - Which asset class serves as the best inflation hedge for Australian investors? - Evaluating the use of - Commodities - Equities - Linkers Moderator: Ben Alexander, Principal, ARDEA INVESTMENT MANAGEMENT Panelists: Michael Blayney, Head of Diversified Funds, PERPETUAL INVESTMENTS Tony Mackenzie, Head of Portfolio Design, QIC Aaron Minney, Investment Strategist Stephen Nash, Director, Strategy and Market Development, FIIG SECURITIES
15:30	Coffee break
16:00	Special address: Hazards of ignoring longevity risk - Has the budget ignored an opportunity to develop an annuities market? - How necessary is the growth of such a market for Australia? - What is the potential for product development in this space? Barry Rafe, President, INSTITUTE OF ACTUARIES OF AUSTRALIA
16:40	Panel discussion: Implementing Basel III - Challenges and concerns in Basel III implementation - What level of capital will the market and investors expect from banks? - Impact of the new rules on future bank business models and their profitability - how will investors view this? Moderator: Lindesay Brine, Head of Controls & Reporting, Wholesale Banking, NATIONAL AUSTRALIA BANK Panelists: Edmund Bosworth, Head of Risk-Reward, WESTPAC Paul Lichtenstein, Partner, Financial Risk Management, KPMG Kevin Masling, Head of Treasury & ALM Risk, LLOYDS INTERNATIONAL
17:30	Closing remarks
17:35	Cocktail reception
19:00	End of Conference