ISDA Conferences

International Swaps and Derivatives Association, Inc. (ISDA®)

ISDA Documentation Conference
With sessions on the European Equity Derivatives Documentation and
The 2006 ISDA Definitions

6 CPD Credit Hours Available (England and Wales)

7 CLE Credit Hours Available (New York)
Transitional and Non-Transitional

May 20, 2008
Paris Marriott Hotel Champs-Elysées
Paris

PROGRAM AGENDA

8:00 AM	Registration and Continental Breakfast
8:50 AM	Introduction and Welcoming Remarks David Geen, General Counsel, ISDA
9:00 AM	Volatility as an Asset Class: Developments in Variance Products Denis Francis, Global Head of Flow Sales, BNP Paribas
9:30 AM	What you need to know about European Equity Derivatives Documentation 2008 • Swaps and Options: 2007 European Master Equity Confirmation Agreement Multiple Exchange Index Annex, Option Annex, Equity Finance Share Swap Annex. Elective and commonly-negotiated provisions of each. • Variance: Revised 2007 European Variance Swap Master Confirmation Agreement, including differences from 2007 European Variance Swap Master Confirmation Agreement and the 2005 Interdealer European Variance Swap form. • Protocols: ISDA Equity MCA Protocol and ISDA European Variance Swap Protocol: purpose and function of each. • Regional Comparison: Highlights of differences in approaches taken in AEJ, US and Japan. • What’s Next? Second generation equity derivatives projects, including documentation of conditional variance, options on variance and dispersion trades. Mark Armstrong-Cerfontaine, Co-Head of Equities and Derivatives, Legal Transaction Management Group (EQD), BNP Paribas Anne- George Kuzuhara, Associate, Allen & Overy LLP , Luxembourg Ed Murray, Partner, Allen & Overy LLP
11:00 AM	Morning Break
11:30 AM	What you need to know about European Equity Derivatives Documentation 2008 (Continued)
1:00 PM	Luncheon
2:15 PM	What you need to know about the 2006 ISDA Definitions The session will focus on changes between the 2000 ISDA Definitions and the 2006 ISDA Definitions, including: • Structure of the 2006 ISDA Definitions • Use of 2006 ISDA Definitions in Equity Derivatives Transactions • Day Count Fractions • New Provisions to document Mark-to-Market Currency Swaps • Use and development of the ISDA Settlement Matrix and MTM Matrix for Mark-to-Market Currency Swaps and interaction with the 2006 Definitions • New approach to Floating Rate Options Kate Binions, Director, Traded Products Legal, UBS AG David Vincent, Associate, Allen & Overy LLP
3:15 PM	Afternoon Break
3:45 PM	Disclosure of OTC Derivatives on Listed Equity This session will look at issues around the disclosure of OTC derivatives on listed equity, both inside and outside the merger context. The speakers will focus on current reflections led by the AMF in France, drawing comparisons with the work of the UK FSA and Takeover Panel on similar issues. Alban Caillemer du Ferrage, Partner, Gide Loyrette Nouel David Geen, General Counsel, ISDA
5:00 PM	Conference Concludes

Agenda is subject to change

Please click here for the Conference Registration Form.

CONFERENCE VENUE: Paris Marriott Hotel Champs-Elysées, 70 Avenue des Champs-Elysées, Paris 75008.
Tel: + 33 1 53935500

To obtain more information, please contact the ISDA conference department at +1 212-901-6000 or
e-mail CONFERENCES@ISDA.ORG