Asian Bond Markets Conference


Gearing Up Regulatory Framework and Regional Co-operation –


A New Era of Growth in Asian Bond Markets


 


Co-hosted by Malaysia and Asian Development Bankunder the auspices of Asian Bond Markets Initiative (ABMI)


2-3 December 2009


Securities Commission Malaysia, Kuala Lumpur
























































































































































Programme


Day 1 – 2/12/2009


9:10 – 9:20 a.m.


Welcome Remarks
Datuk Ranjit Ajit Singh

Managing Director, Securities Commission Malaysia

9:20 – 10:20 a.m.

Introductory Address
Mr Bindu N. Lohani
(pdf)
Vice President, Finance and Administration, Asian Development Bank

Opening Address
Yang Berhormat Dato’ Seri Ahmad Husni Mohamad Hanadzlah (pdf)

Minister of Finance II, Malaysia

10:20 – 10:45 a.m.

Coffee Break


Session 1
Growing economic and financial integration amid strong fi nancial stability within ASEAN+3 countries – Catalyst for Asian bond markets

10:45 – 11:15 a.m.

Countries in the region are recovering strongly from the global fi nancial crisis. With the expected transformation from export-led to domestic demand-oriented economies, together with greater integration among Asian economies, economic growth in the region will be strengthened.



Mr Robert Prior-Wandesforde (pdf)
Senior Asian Economist, The Hongkong and Shanghai Banking Corporation Limited


Session 2


Fostering growth of domestic bond markets and cross-border transactions

11:15 – 12:30 p.m.

Facilitative and transparent regulatory framework in promoting development of domestic market and cross-border transactions – sharing Malaysia’s experience.



Mr Kamarudin Hashim (pdf)
General Manager, Bond Market & Private Debt Securities, Securities Commission Malaysia



Case study of ringgit-denominated medium-term note programmes by foreign issuers.



Mr Roslan Hj Tik (pdf)
Head, Corporate & Investment Banking Services, RHB Investment Bank Bhd



Sukuk as an alternative financing and emerging asset class.



Mr Shamsun Hussain (pdf)
Director, CIMB Islamic Bhd

12:30 – 2:00 p.m.

Lunch

2:00 – 2:30 p.m.

Progressive liberalisation of Government regulations and foreign exchange administration rules is important to enhance the development of domestic bond market and to establish linkages with regional markets for cross-border issuance and investment – sharing Thailand’s experience.



Ms Ranee Itarat (pdf)
Senior Economist, Public Debt Management Office, Ministry of Finance, Thailand

2:30 – 2:45 p.m.

Overview of Asian Bonds Online



Mr Satoru Yamadera (pdf)
Economist Office of Regional Economic Integration, Asian Development Bank


Session 3
Promoting issuance of bonds in the region – From private sector perspective

2:45 – 4:00 p.m.

Opportunities and challenges in originating local currency and Asian currency bond issuances in the region, in particular, on medium-term notes issuances – Aspiration of leading advisers, underwriters and credit rating agencies.



Mr Thomas Meow (pdf)
Head, Debt Capital Market & Syndicate, CIMB Investment Bank, Malaysia



Mr Tailei Wan (pdf)
Vice President, Investment Banking Department, CITIC Securities Co., Ltd



Mr Yoon, Hee-Sung
Director International Finance Dept, The Export-Import Bank of Korea



Mr Manabu Tsurutani (pdf)
Senior Consultant, Nomura Research Institute, Japan



Moderator: Mr Seohan Soo
Director/Head, Debt Capital Markets, AmInvestment Bank Bhd Malaysia

4:00 – 4:30 p.m.

Tea Break


Session 4
Increasing secondary bond market transactions in the region – From private sector perspective

4:30 – 5:30 p.m.

Opportunities and challenges in transacting local currency and Asian currency bonds in the region – aspiration of treasurers, securities dealers and custodian.



Ms Rosalind Kong (pdf)
Head, Credit Investment & Trading, Global Markets, Maybank Malaysia



Mr Daniel T. Yu (pdf)
Head, Credit Trading, Global Treasury, Oversea-Chinese Banking Corporation Limited, Singapore



Mr Nattapol Chavalitcheevin (pdf)
President, Thailand Bond Market Association



Mr Paul Egan
Head, Intermediaries, Citibank Hong Kong



Moderator: Mr Gan Kok Kim (pdf)
Head, Treasury Division, OCBC Bank (Malaysia) Bhd

End of Day 1


Day 2 – 3/12/2009

9:00 – 9:30 a.m.

Speech on recent efforts by IOSCO Self-Regulatory Organisation Consultative Committee (IOSCO/SROCC).



Mr Toshihiko Sasaki (pdf)
Executive Advisor, Japan Securities Dealers Association

9:30 – 10:00 a.m.

Speech on rapid development of financial market in China and the opportunities for Asian countries.



Mr Shi Wenchao (pdf)
Secretary-General, China National Association of Financial Market Institutional Investors


Session 1
Fostering co-operation among bond dealers associations in the region

10:00 – 11:15 a.m.

Role of securities dealers associations in the secondary bond market in the region – Sharing of experience by member countries.



Fostering co-operation among securities dealer associations in the region to address growth and harmonisation issues for Asian bond markets.



Mr Shi Wenchao (pdf)
Speech in Mandarin
Secretary-General, China National Association of Financial Market Institutional Investors



Mr Yeo Chin Tiong (pdf)
Financial Market Association Malaysia (ACI Malaysia)



Mr Lee Han-Gu (pdf)
Research Specialist, Korea Financial Investment Association



Mr Nattapol Chavalitcheevin (pdf)
President, Thailand Bond Market Association



Mr Satoru Yamadera (pdf)
Economist, Office of Regional Economic Integration, Asian Development Bank



Moderator: Mr. Gan Kok Kim
Head, Treasury Division, OCBC Bank (Malaysia) Bhd

11:15 – 11:45 a.m.

Coffee Break


Session 2
Diverse bond standards and market practices in the region – Case for harmonization?

11:45 – 12:45 p.m.

Creating awareness of converging regulatory standards and best market practices for government bond markets in the region. Any role for the unifi ed bond standards to promote domestic market and cross-border transactions in Asia? How to achieve market integration?



Mr Satoru Yamadera (pdf)
Economist, Office of Regional Economic Integration, Asian Development Bank



Mr Taketoshi Mori (pdf)
Bank of Tokyo-Mitsubishi UFJ, Member of Security Market Practice Group (SMPG) Asia



Ms Rojeanne Sen (pdf)
Former Managing Director, Domestic Custody Service, Global Transaction Banking Deutsche Bank Malaysia

End of Programme