EBRD Seminar: Romanian Judicial Training on Financial Instruments

Organised by EBRD – LC2 (Local Currency and Capital Market Development Team) in collaboration with the National Institute of Magistracy (Institutul National al Magistraturii - INM)

September 26 – 27, 2016

53 Regina Elisabeta Boulevard, 5th district, Bucharest

DAY 1 –Monday, 26thSeptember 2016

Time / Topic / Speaker(s)/Premises
09:15 / Opening remarks / Diana Ungureanu – Trainer - INM
Prof. Jeffrey Golden
Jacek Kubas – Principal – EBRD/LC2

09:30

/

The role of law and regulation in financial markets, including recent trends

Q&A / Prof. Jeffrey Golden
Dr. Peter M.Werner
11:00 / Tea/Coffee break /

INM premises

10:00

/

Risk mitigation and dealing with legal uncertainty

a. Why financial markets dislike legal uncertainty
b. Commercial law risk mitigation tools
Q&A / Prof. Jeffrey Golden
Rick Grove
13:00 / Lunch Break / INM premises

14:30

/

Derivatives

a. Market, practice, banker's perspective
b. Documents derivatives transactions and derivatives trading relationship
c. Derivatives market infrastructure
d. Developing legal and regulatory framework for derivatives
e. Relevant recent case law: English, US, German law
Q&A / Prof. Jeffrey Golden
Dr. Peter M. Werner
Rick Grove
16:00 / Tea/coffee break / INM premises

16:30

/

To bond or not to bond

a. Unsecured bonds and related legal issues
b. The secured path:
- securitisation- law and practice
- covered bonds- law and practice
Q&A / Zoltan Lengjel
Andreea Toma

17:15

/ The corporate governance in banks and companies
Comply or explain principle / Zoltan Lengjel
Dr. Peter M. Werner
Andreea Toma

18:00

/

SeminarDay 1 wrap-up

EBRD Seminar: Romanian Judicial Training on Financial Instruments

Organised by EBRD – LC2 (Local Currency and Capital Market Development Team) in collaboration with the National Institute of Magistracy (Institutul National al Magistraturii - INM)

September 26 – 27, 2016

53 Regina Elisabeta Boulevard, 5th district, Bucharest

DAY 2–Tuesday, 27thSeptember 2016

Time / Topic / Speaker(s)

09:00

/

Dispute Settlement in the financial markets

a. Trends, recent cases
b. Arbitration, Mediation and the role of expert witness
c. Prime Finance
Q&A / Prof. Jeffrey Golden
Rick Grove
10:30 / Tea/Coffee break /

INM premises

11:00

/

Capital Market Union- Quo Vadis EU?

Q&A / Zoltan Lengjel
Dr. Peter M. Werner

12:30

/

Seminar wrap-up

/ Diana Ungureanu – Trainer - INM
Prof. Jeffrey Golden
Jacek Kubas – Principal – EBRD/LC2
12:40 / Lunch / INM premises

14:00

/

End of event

Speakers:

­Prof. Jeffrey Golden - Chairman, P.R.I.M.E. Finance Executive Committee; Governor and Honorary Fellow, London School of Economics and Political Science; 3 Hare Court, Temple; Retired founding partner, US law practice, Allen & Overy LLP;

­Rick Grove - Chief Executive Officer and Partner, Rutter Associates LLC, New York;

­Dr. Peter M. Werner - Senior Director, International Swaps and Derivatives Association;

­Zoltan Lengyel - Partner, Allen & Overy, Budapest;

­Andreea Toma - Partner, Leroy și Asociații, Bucharest.

NIM moderator:

­Diana Ungureanu – Trainer

EBRD:

­Jacek Kubas – Principal, LC2

­Mihaela Toma – Principal, LC2