The Impact of Markets in Financial Instruments Directive (MiFID) on US Firms and Markets

Tuesday, January 30, 2018
New York

Jump to Section:

Tuesday, January 30, 2018

8:30 AM Registration and Continental Breakfast

9:00 AM Welcoming Remarks James Roberts

James Roberts, Director, European Public Policy, ISDA

9:15 AM Introduction: MiFID as the European Response to the G-20 Commitments, Dodd-Frank and Relevant Rulemaking James Roberts

James Roberts, Director, European Public Policy, ISDA

10:00 AM US and EU Venue Trading Recognition Caroline D. Pham, James Roberts, Nicholas Van Dusen

  • How does trading equivalence work?
  • What does trading equivalence mean for US and non-US firms?
Caroline D. Pham, Head of Markets Regulatory Implementation, Citigroup
James Roberts, Director, European Public Policy, ISDA
Nicholas Van Dusen, Associate General Counsel, Goldman Sachs

10:45 AM Morning Break

11:00 AM Traded on a Trading Venue and the Transparency Framework – The Journey So Far Moderator: James Roberts, Karel Engelen, Brian J. Morris

  • What do we know about ToTV and what is unclear?
  • How has the industry implemented?
  • What impact is this having on the trading of OTC derivatives?
  • What else do we expect from regulators?
Moderator: James Roberts, Director, European Public Policy, ISDA
Karel Engelen, Senior Director and Co-head of Data, Reporting and FpML, ISDA
Brian J. Morris, Senior Attorney, Cleary Gottlieb Steen & Hamilton LLP

12:15 PM Luncheon

1:15 PM Commodity Firm Coverage under US and EU Rules Ryne V. Miller

  • End user exemptions from trading and transparency requirements
  • Position limits
Ryne V. Miller, Associate, Sullivan & Cromwell LLP

2:15 PM The EU Derivatives Trading Obligation and Packages James Roberts

  • How has the trading obligation been developed in the EU
  • What impact is it having on swaps trading, including cross-border
  • How does it apply where a swap subject to the trading obligation is traded as part of a package?
James Roberts, Director, European Public Policy, ISDA

2:45 PM Afternoon Break

3:00 PM MiFID Reporting James Roberts, Kirston Winters

In this session we will look back at the implementation of the data and reporting requirements of MiFIR /MiFID II, and discuss the major issues encountered, and what the industry has to work on this year to improve efficiency of their implementations post January 2018.

James Roberts, Director, European Public Policy, ISDA
Kirston Winters, Managing Director, Co-head Product Management – Derivatives Processing, IHS Markit

3:30 PM Can Equivalence Be Extended Beyond Trading Venues? Bella Rozenberg

  • Treatment of 3rd country firms
  • Clearing obligation
  • Initial Margin for Uncleared swaps
Bella Rozenberg, Senior Counsel & Head of Regulatory and Legal Practice Group, ISDA

4:30 PM Conference Concludes

Register Now for The Impact of Markets in Financial Instruments Directive (MiFID) on US Firms and Markets
Back to Top

ISDA Conference Center, 10 East 53rd Street (entrance on 52nd and 53rd Street), 8th Floor, New York, NY 10022, Phone: +1 (212) 901-6000. Please find a map to the venue here.

Back to Top

James Roberts

Director, European Public Policy

ISDA

Caroline D. Pham

Head of Markets Regulatory Implementation

Citigroup

Nicholas Van Dusen

Associate General Counsel

Goldman Sachs

Karel Engelen

Senior Director and Co-head of Data, Reporting and FpML

ISDA

Brian J. Morris

Senior Attorney

Cleary Gottlieb Steen & Hamilton LLP

Ryne V. Miller

Associate

Sullivan & Cromwell LLP

Kirston Winters

Managing Director, Co-head Product Management – Derivatives Processing

IHS Markit

Bella Rozenberg

Senior Counsel & Head of Regulatory and Legal Practice Group

ISDA

Back to Top

Intermediate

Some knowledge of derivatives documentation is assumed.  No advance preparation is required.

Back to Top

ISDA is an accredited provider of continuing education credits by the following organizations:

  • CLE

    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.

  • CPE Sponsory

    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

Back to Top

Don’t see the topic or location you are looking for? Let us know, we may add it to our schedule in the future.

For more information regarding conferences or exhibition opportunities, please contact the ISDA conference department at +1 212-901-6000 email conferences@isda.org.