This session will explore the changes to market structure and public transparency requirements for derivatives that will occur as a result of revisions to the EU’s MIFID II/MIFIR framework.

• Which derivatives are covered by public trade reporting under the revised MIFIR?
• How will pre- and post-trade transparency requirements change (including deferrals)?
• Understanding the designated reporter regime
• Changes to instrument identification
• Is a consolidated tape for derivatives in the pipeline?

Moderator: Roger Cogan, Head, European Public Policy, ISDA
Caroline Dawson, Partner, Clifford Chance LLP
Richard Young, Industry Relations, Global Data, Bloomberg
Quentin van Lidth, Director, Regulatory and Public Affairs, BNP Paribas Global Markets

This panel will consider how the transparency regime for derivatives may change as a result of smarter regulatory reform.

• Smarter regulatory reform
• How could the pre- and post-trade transparency requirements change?
• Proposals for change to instrument identification
• Understanding the designated reporter regime

Moderator: Fiona Taylor, Head of UK Public Policy, ISDA
Fabio Braga, Manager, Trading Policy, FCA
Adam Hayward, Senior Manager, Regulatory Practice, Quorsus part of Capgemini
Stephanie Peacock, Senior Associate, Clifford Chance LLP

• Impact of the MIFID revisions on commodity derivatives
• Changes to the derivatives trading obligation
• A smarter framework for post-trade risk reduction
• Best execution under the revised rules
• Understanding the trading venue perimeter

Moderator: Roger Cogan, Head, European Public Policy, ISDA
Caroline Dawson, Partner, Clifford Chance LLP
Kirston Winters, Head of Legal, Risk, Compliance and Government and Regulatory Affairs, OSTTRA
David Zahari, Executive Director, Morgan Stanley