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Regulatory Update for South Africa

 

6.5 CPD Credit Hours Available (England and Wales) 

7.5 CLE Credit Hours Available (New York)
Transitional and Nontransitional


Wednesday, June 7, 2017
Sandton Convention Centre
Johannesburg

PROGRAM AGENDA

8:15 AM

 

Registration and Continental Breakfast

 

 

 

8:45 AM

 

Introduction and Welcoming Remarks 
Fred Quenzer, Counsel, ISDA

 

 

                                             

9:00 AM

 

Mandatory Clearing Requirements – E.U., U.S.

  • What are the requirements?
  • Can these be reconciled?
  • How will the differences impact clearing?
  • EMIR Article 13 equivalence
  • South African developments

Justin Ridl, ‎Head: Markets Legal, Absa CIB

 

 

 

10:00 AM

 

Bank Resolution and Recovery, Introduction to the ISDA Resolution Protocol

This session will provide delegates with an understanding of resolution regimes for financial institutions and the impact they have on derivatives trading and documentation. The speakers will review the status of bank resolution legislation in major jurisdictions and explore key issues such as bail-in and stays. The concept of the ISDA Resolution Stay Protocol will also be introduced. An update will also be provided on developments in South Africa.
Habib Motani, Partner, Clifford Chance LLP

 

 

 

11:00 AM

 

Morning Break

 

 

 

11:15 AM

 

ISDA 2014 Collateral Agreement Negative Interest Protocol

This session will provide information on ISDA’s documentation solution to address negative interest.

Fred Quenzer, Counsel, ISDA

 

 

 

12:00 PM

 

Luncheon

 

 

 

1:00 PM

 

Derivatives Tax Issues: U.S. Section 871(m) Overview and ISDA 2015 Section 871(m) Protocol

  • 871(m) and U.S. withholding tax on “dividend equivalent payments”
  • Final 871(m) regulations issued in September 2015
  • New effective date
  • Rules that apply to affected transactions prior to new effective date
  • Transactions that may be subject to 871(m):
    • Notional principal contracts
    • Other derivatives and structured notes
    • Other equity-linked instruments
  • The ISDA 2015 Section 871(m) Protocol and how this Protocol differs from the ISDA 2010 Hire Act Protocols
  • How the delta test is applied

Fred Quenzer, Counsel, ISDA

 

 

 

2:30 PM

 

Afternoon Break

 

 

 

3:00 PM

 

Overview of Changes to 2014 ISDA Credit Derivatives Definitions

This session will provide delegates with an understanding of the major changes made in the 2014 ISDA Credit Derivatives Definitions.

Chris Arnold, Partner, Mayer Brown International LLP
Brett Gallie, Head, Global Markets Legal, Africa Regions,
    The Standard Bank of South Africa Limited

 

 

 

4:00 PM

 

Regulatory Update on South Africa Concerns

  • Update on Margin Requirements under: Update on associated clearing houses
    • the South African Banks Act; and
    • the South African Financial Markets Act
  • Round up of latest ISDA Africa Committee developments

Bridget King, Director-Finance and Banking, Cliffe Dekker Hofmeyr Inc 

 

 

 

5:00 PM

 

Conference Concludes

 


Agenda is subject to change

- REGISTRATION FEE* -
$ 850 U.S. (member) / $ 975 U.S. (non-member)
*The invoice total must be paid in full - registration fees are net of tax and wire transfer fees are not included.

We suggest registering at least two weeks in advance to ensure your seat.

Please click here for the Conference Registration Form.

 

Sandton Convention Centre, 161 Maude Street, Sandton 2196, South Africa. Phone +27 11 779 0000.
A map to the venue can be found here.



For more information regarding conferences or exhibition opportunities, please contact the ISDA conference department

at +1 212-901-6000  or e-mail conferences@isda.org