European Compliance and Legal Conference | afme

European Compliance and Legal Conference

19 - 20 Sep 2017 De Vere Grand Connaught Rooms, London


For speaker opportunities please contact James Hodgson at or on +44 (0) 20 3828 2695.

Tuesday 19 September

18:00 - 22:00

AFME European Compliance and Legal Dinner 
After dinner speaker: Catherine McGuinness, Policy Chairman, City of London Corporation
Introduced by: Simon Lewis OBE, Chief Executive, AFME

Shearman & Sterling LLP

Wednesday 20 September


Registration and refreshments


Chair's opening remarks

James Kemp, Managing Director, Global FX Division, GFMA
Bharat Samani, Managing Director, Head of Compliance, BBVA


Morning keynote session

Keynote Speakers:
Verena Ross, Executive Director, ESMA
Tilman Lüder, Head of the Securities Markets Unit, European Commission


Morning plenary session

Brexit - Implications for the future of wholesale banking and associated legal and compliance functions

  • implementation challenges for clients, supervisors and wholesale banks
  • assessment of required timelines for coordination of legislation and regulation
  • what will be the key measures to avoid financial instability?
  • unique considerations for compliance and regulation for UK, US and EU banks
  • outlook for the city of London, relationship with and benefits offered to the EU27
  • changes to UK policy making process post-Brexit

Simon Lewis OBE, Chief Executive, AFME

Patrice Aguesse, Head of Market and post-Market regulation policy Division, AMF 
Rodrigo Buenaventura
, Director General for Markets, CNMV
Barnabas Reynolds, Head of Global Financial Institutions Advisory and Financial Regulatory Group, Shearman & Sterling 


Networking break


Regulatory session one

MiFID II – Countdown to compliance

  • remaining hurdles to implementation
  • how prepared is the industry; are there points of contention between dealers and buyside?
  • effects of the changes to transparency and transaction reporting
  • research unbundling – dealing with the EU US conflict of rules
  • equivalence

Rob Moulton, Partner, Latham & Watkins

Mitchell Gibb, European Head of Compliance, STIFEL
Stephen Hanks,
Manager, MiFID Coordination, FCA
Tilman Lüder, Head of the Securities Markets Unit, European Commission 
Elisa Menardo, Director, Public Affairs and Policy, Credit Suisse

Legal session one

Legal issues following from the Market Abuse Regulation

  • ongoing questions surrounding market soundings
  • issues in identifying insider information

Nikunj Kiri, Partner, Linklaters

Mark Bicknell, ‎Managing Director and Associate General Counsel EMEA, Bank of America Merrill Lynch
Carlo Milia, Market Abuse Investigation Unit, CONSOB


Regulatory session two

Compliance officers' liabilities and implementing ongoing culture changes in your business 

  • how has banking culture changed in the new era of personal accountability?
  • can and should culture in banks be regulated? What is the appropriate role of regulation, supervision and enforcement in defining culture?
  • to what extent can developments in artificial intelligence and behavioural analysis reduce exposure to rogue trading?
  • how will the increased spotlight on culture shape the future role of compliance officers?

Simone Ferreira, Head of Department, Wholesale Banking, Supervision Division, FCA
Jacqueline Joyston-Bechal
, EMEA Head of Compliance, BNY Mellon
Kate Mozzicarelli, Managing Director, Morgan Stanley
Andrew Proctor,
Partner, Herbert Smith Freehills

Legal session two

Legal challenges arising from operational resilience and continuity requirements

  • micro and macro approach to the PRA operational resilience programme
  • legal considerations for European banks
  • the need for global coordination and cooperation
  • cyber risk within the operational resilience agenda

Charles Forde, Global Head of Outsourcing and Third-Party Risk, UBS
Marta Garcia Salvador,
‎Senior Manager, Recovery and Resolution Planning, ‎Bank of America Merrill Lynch
Kate Sumpter
, Partner, Allen & Overy



Networking lunch


Regulatory session three

Global policy and regulatory landscape

  • outlook for US regulatory policy and potential influence on European markets
  • implementation and effects of the G20 financial regulatory reforms
  • are we close to ensuring global fair, efficient and transparent markets?

Allison Parent, Executive Director, GFMA

Legal session three

Implications of the General Data Protection Regulation for the financial services industry

  • what GDPR means for banks and are firms compliant with less than one year to go?
  • views on European Commission initiatives for building a European data economy
  • legal, practical and other barriers which hinder the free flow of data in the EU
  • third countries in the context of financial services and financial crime

Vivienne Artz, Managing Director, Global Head of Privacy Legal, Head of International IP and O&T Law Group, Citi
Paul McCormack,
Senior Legal Counsel, Global Data Privacy, Digital and Cyber, HSBC


Regulatory session four

Simple Standard and Transparent Securitisation: issues of interpretation, liability, sanctions and certification

  • status of STS within the European legislative process
  • will STS be adopted as a global standard, or will it remain purely European?
  • how does a deal qualify as STS? Who qualifies it? Would it affect the credit rating of a deal?
  • future of the new framework for securitisation and becoming STS compliant

Steve Gandy, Managing Director, Head of ARCO Notes and Structuring, Santander Global Corporate Banking 
Richard Jones, Partner, Slaughter & May

Legal session four

Tackling financial crime – understanding new rules, including 4MLD and implementing change

  • corporate crime offence: implementation issues and extraterritorial scope
  • lessons learned from 4MLD
  • defining and identifying correspondent relationships

John Clarke, Money Laundering Reporting, Standard Advisory London
Susannah Cogman
, Partner, Herbert Smith Freehills 
Rajiv Kapur, Executive Director, Financial Crime Compliance, Goldman Sachs
Jonny Medland, Senior Policy Adviser, HM Treasury


Networking break


Afternoon keynote session
Trends in enforcement and lessons for the industry

Keynote Speaker:
Mark Steward, Director of Enforcement and Market Oversight, FCA

Introduced by: Will Dennis, Head of Compliance, AFME


Plenary session
Panel discussion: Best practices in internal investigations, enforcement and referral process

Will Dennis, Head of Compliance, AFME

Martyn Hopper, Partner, Linklaters 
Mark Steward
, Director of Enforcement and Market Oversight, FCA
Mark Yallop, Chair, FICC Markets Standards Board


Plenary session

RegTech, FinTech and Surveillance - How will developments in technology impact compliance and litigation?

  • are new innovations in technology redefining banking?
  • applications of big data – conduct metrics, BMA analysis and FCC/Mar metrics
  • will, and should, we see cross industry cooperation in surveillance
  • global regulatory perspective on the use of increased RegTech and surveillance
  • how big data analytics and AI surveillance systems keep markets safe and transparent
  • outsourcing considerations, best practices for effective controls and testing FinTech suppliers

Alexandra Givry, ‎Head of the Market Surveillance, AMF 
Jeewon Kim Serrato, Co-head of Global Privacy and Data Protection Practice, Shearman & Sterling 
Dr Mike Lynch, Founder, Technology Entrepreneur, Invoke Capital

Chair's closing remarks
Simon Lewis OBE, Chief Executive, AFME

Close of conference