The 5th in the series of QUMAS trans-Atlantic round tables where senior compliance officers from top financial institutions can listen to specialists in the field present on topical regulatory issues and join in a debate-type forum to exchange experiences and ideas with their peers.
The roundtable is intentionally small in size, with approximately 25 delegates, so that a lively debate is guaranteed, chaired by Kevin Ludwick and operated under Chatham House rules.
This month's event welcomes Dan Waters, FSA, as its guest speaker.
Thursday 22nd March 2007 - 4:30 to approx 8pm, with the option to stay for dinner.
The Oriental Room, London Capital Club — 15 Abchurch Lane, London, EC4N
| THE EVENT PROGRAMME | |
|---|---|
| 4:30pm - 5:00pm | Registration & Refreshments Please arrive promptly to register and enjoy refreshments before the event begins. |
| 5:00pm - 5:15pm | Welcome and Introduction Richard Petti, Global Director - Financial Services, QUMAS |
| 5:15pm (½ hour) |
Guest Speaker Dan Waters, Director of Retail Policy and Sector Leader for Asset Management, FSA Dan will explore, from the regulator's side, the practical consequences of implementing a principles-based approach.
|
| 5:45pm (½ hour) |
Response to Guest Speaker Kevin Ludwick, Head of Regulatory Services, QUMAS (ex FSA) Kevin will respond by observing some of the difficulties firms face in terms of uncertainty, running risk based compliance programmes and the kind of technology infrastructure compliance departments should enjoy.
|
| 6:15pm - 7:15pm |
Roundtable Discussion/Debate YOUR chance, following the presentations, to engage with one another and give FSA invaluable feedback. Ask Dan the questions that you normally feel too 'difficult' to ask through the normal channels. |
| 7:15pm - 8:15pm | Cocktails/Refreshments and Close |
| 8:30pm | Dinner - optional (£75 per person) |
| SPEAKERS' BIOGRAPHIES | |
|---|---|
|
The Financial Services Authority (FSA) Switchboard: |
When the FSA was restructured in April 2004 it was divided between wholesale and retail financial markets. Dan Waters is the Director of Retail Policy. He is also the FSA 'Sector Leader' for asset management, so is responsible for the FSA's overall strategy and liaison with that industry sector. Before April 2004, Dan was Director of the Regulatory Strategy and Risk Division responsible for the FSA's strategic planning, risk management and assessment systems, performance measurement and risk analysis and research. Dan was the FSA's first Director of Enforcement, and played a major role in shaping the organisation's enforcement policies and processes. He previously worked at the Investment Management Regulatory Organisation, where he was Director of Monitoring and Enforcement, and at the United States Commodity Futures Trading Commission, where he was Head of International Enforcement Operations. |
|
QUMAS Switchboard: |
Kevin brings a wealth of experience to QUMAS, both as a regulator and as a Head of Compliance responsible for designing and implementing compliance strategy. Kevin joined the FSA in 1999 supervising all major European and Japanese financial institutions in London. He subsequently ran the Listing Review and was responsible for negotiating relevant EU Directives and revising the UK Listing Rules in parallel with Sarbanes-Oxley in the U.S. Further, he created a single supervisory function for the new Markets Division and built the FSA's centralized regulatory decisions function. Prior to joining the FSA, Kevin was the Head of Compliance for Bank of America EMEA, running a compliance function that operated across 11 jurisdictions, and was the former Finance and Compliance Director for Indosuez Capital. |
