In the last five years, two central clearinghouses (CCPs) experienced clearing member defaults which exceeded the defaulting member’s contribution to default resources and required the use of mutualized resources in the default fund, spreading default losses to other CCP participants. These defaults have highlighted troubling weaknesses in CCP risk management and underscore the importance of a more consistent implementation of best risk management practices by CCPs around the world.
2 CPE Credit Hours Available
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Thursday, October 24, 2019Print Agenda ISDA Morning Briefing: CCP Risk Management Best Practices for
8:00 AM Registration and Networking Breakfast
8:30 AM Introduction and Welcoming Remarks Ulrich Karl
8:45 AM Keynote Address Biswarup Chatterjee
9:15 AM Panel Discussion and Audience Q&A Ulrich Karl, Sergey Arefiev, Biswarup Chatterjee, Kevin McClear, Marnie J. Rosenberg
A panel of industry experts discuss where clearing participants see room for improvement and whether more regulation is required going forward.
Moderator: Ulrich Karl, Head of Clearing Services, ISDA
Sergey Arefiev, Global Head of Default Management, CME Group
Biswarup Chatterjee, ISDA Board Member, Managing Director, Head of Global Markets BC&E Management, Citigroup Global Markets
Kevin McClear, Vice President, Chief Risk Officer, Intercontinental Exchange, Inc.
Marnie J. Rosenberg, Managing Director and Global Head of Clearinghouse Risk and Strategy, JPMorgan Chase & Co.
10:30 AM Briefing Concludes
Agenda is subject to change.
VenueBack to Top
ISDA Conference Center, 10 East 53rd Street (entrances on 52nd and 53rd Streets), 8th Floor, New York, NY 10022, Phone: +1 (212) 901-6000. Please find a map to the venue here.
ISDA has a special rate available at the Omni Berkshire Place, 21 East 52nd Street, New York, NY 10022, +1 212-753-5800, located on the same block as the ISDA Conference Center.
For reservations online click here OR call the Reservation Center at +1 800-843-6664 and mention the International Swaps and Derivatives Association, Inc. (ISDA) special rate. ISDA’s special rate is based on availability at the time of booking.
SpeakersBack to Top
Global Head of Default Management
ISDA Board Member, Managing Director, Head of Global Markets BC&E Management
Citigroup Global Markets
Head of Clearing Services
Vice President, Chief Risk Officer
Intercontinental Exchange, Inc.
Marnie J. Rosenberg
Managing Director and Global Head of Clearinghouse Risk and Strategy
JPMorgan Chase & Co.
PricingBack to Top
Registration fee is for one person to attend the entire event. Pass may not be split between multiple attendees.
Groups of three or more attendees from the same firm can receive a 20% discount on event registrations. To register your group, please email email@example.com prior to the event.
Course LevelBack to Top
The course level is intermediate. Some knowledge of derivatives is assumed. No advance preparation is required.
AccreditationBack to Top
ISDA is an accredited provider of continuing education credits by the following organizations:
ISDA has been certified by the New York State Continuing Legal Education Board as an Accredited Provider of continuing legal education in the state of New York.
ISDA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors: 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. www.nasba.org