OTC Derivatives - header
OTC Derivatives - header
OTC Derivatives - header

Learning outcomes

Training Description

‘EMIR’ (the European Market Infrastructure Regulation) is the central pillar of a wide-ranging programme of regulatory reform for the derivate market, based on G20 commitments following the financial crisis of 2008. The regulation is aimed specifically at increasing transparency and reducing counterparty default risk in the OTC derivative market.

The MiFID II directive introduces a range of measures, which seek to address consequences of MiFID I, and issues raised by the financial crisis, such as making financial markets more efficient, resilient and transparent, improving investor protection. This revision will have a significant impact on both business strategy and operational processes implemented by firms.

By the end of the MasterClass, the participants will understand

• The OTC derivatives market
• The EMIR directive and its impacts on the operational treatment
• The operational impacts on eligible and non eligible products for clearing
• The MIFID 2 directive
• The operational impacts of the directive for the banks, brokers and asset managers

Training Schedule

Day one

  • 08:30 Registration & Welcome Coffee

  • 08:50 Opening Remarks & Introduction from the Trainer

  • 09:00 Introduction
    OTC Derivatives Products

  • 11:00 Tea, Coffee, Networking

  • 11:20 Impacts of the EMIR directive

  • 12:30 Luncheon & Networking

  • 13:30 Operational treatments for products eligible to the compensation

  • 14:30 Operational treatments for products non eligible to the com pensation

  • 15:30 Tea, Coffee, Networking

  • 16:00 Pricings

  • 17:00 Feedbacks/Q&A

  • 17:20 End of Day 1

Day two

  • 08:30 Tea, Coffee, Networking

  • 08:50 Recap from Day 1

  • 09:00 Introduction

  • 10:30 Tea, Coffee, Networking

  • 10:50 Product Governance

  • 11:30 Transparency of the costs

  • 12:10 Markets Structure

  • 12:50 Luncheon & Networking

  • 13:50 Impacts of the regulations

  • 14:50 Articulations between MIFID2 and Priips regulations

  • 15:30 Workshop summary and Q&A

  • 15:45 Farwell Tea, Coffee and Networking

  • 16:15 End of Day 2

Training Program

Request detailed Agenda - OTC Derivatives, Collateral & EMIR MasterClass

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Get to know the Expert Trainer

Fabrice Zamboni
Fabrice Zamboni

Fabrice Zamboni graduated from Telecom Paritech with a diploma in engineering in 1995 and from the University of Paris VI with a DEA (Msc) in Probability in Finance in 1997.

Fabrice Zamboni started his professional career in 1997 as structurer on the fixed income structured product desk and then worked as head of equity derivatives at Natexis Banques Populaires from 1999. From 2002 to 2006 he joined BNP Paribas as a equity derivatives trader at Fortis Bank then as head of financial engineering and new products at BNP Paribas Insurance (Cardiff).
From 2006 to 2012 he joined Olympia Capital Group as head of product development and from 2009 as Chief Operating Officer.

From 2012 until 2017 he was working as multi manager at Caisse des Depots in Paris. In parallel he has been teaching at the University of Paris Dauphine and the ESG school and has also delivered many financial trainings at FZA Consulting on financial instruments and regulatory environment since 2012.

Who should attend?

The MasterClass will be beneficial for the financial industry professionals from:

  • Banks and institutional investment companies: pension funds, mutual funds, hedge funds, insurance companies, in particular for:
    • Asset managers, in the role of: traders, portfolio managers, sales managers, middle-office personnel, operations (back-office) personnel including those from derivative trade processing/derivative collateral management/reconciliation/static data, compliance, risk management, legal
  • Central securities depositories or custodian organisations
  • Central counterparties and trade repositories
  • Management consulting firms
  • Software companies (business analysts and programmers)

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Venue

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Room reservation

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Hotel Location

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FAQ

You can always register without a name using the TBA [To Be Announced] option. Please indicate TBA instead of the delegate name and 2 weeks prior to the event you are able to send the delegate name/s to booking[at]glceurope.com
While we are not happy to see you cancel your registration, we understand that “life happens” and other obligations come up. Our refund schedule is as follows:
The client has the right to cancel his/her registration in the event.
There is a 50% liability on all conference registrations once made, whether the booking was made through our website or via e–mail/ telephone/ fax.
If the client cancels with more than 8 weeks’s advance notice, GLC shall be entitled to an amount equivalent to 50% of the conference fee and 16 EUR administration charge. In case the client has already made his/her payment, this will be deducted from the conference fee GLC has already received and the remainder will be refunded. If no conference fee has been received prior to the cancellation request, GLC will issue an invoice for the cancellation fee (the amount equivalent to 50% of the conference fee and 16 EUR administration charge), which the client must pay immediately upon receipt. No refunds are available for cancellations received with 8 week’s (or less) advance notice or in case the client fails to attend the conference. In these cases, the full amount of the conference fee must be paid.
In general no VAT is applied based on the Hungarian VAT law with the exception of individual payment [when you would like to pay from your own budget and not from the company’s budget] and for Hungarian companies where 27% VAT is applicable which is refundable at the end of the company’s fiscal year.
Our hospitality partners usually have options available for parking places, however it can change from event to event. If you would like to receive more information on parking please e-mail our colleague susanna.juhasz[at]glceurope.com.
We provide a conference documentation pack which includes: conference agenda, notes pages and attendee information. Soft copies of some of the presentation are available on USB-flash-drives for each delegate. You may bring your laptop, tablet or other mobile device so you are able to review the presentations while they are being presented. Free Wi-Fi will be provided and outlets will be available for recharging computers, mobile devices and phones. We highly recommend you to bring along your business cards and a desire to learn from some of the industry’s leading experts.
The dress code is business casual. Feel free to leave the suits and ties at home this time. We do suggest you bring a sweater or dress in layers, as the conference room temperature may fluctuate.
Any of our staff members at the event will be delighted to help you. You can contact us for free via WhatsApp or Viber or any time over the phone or via e-mail or post.
  1. Get the timing right.
    Many people are afraid to request for training budget, because they can’t seem to find the “perfect time” to do it. Well, there’s no perfect time to ask for it, but there are definitely some moments that are better than others. For instance, if your boss is about to take a two week vacation, he/she might be in a good mood. If he/she just lost a major account, may not be wise at that juncture.
  2. Make a case for yourself
    When you ask for budget, you should be prepared with specific details and explanations about what is in it for the company and you’re superior. If you go into a meeting and just say, “I want to get budget for a conference,” it’s likely that your request won’t be taken seriously. If you want to plan ahead, then you should be prepared to explain the following points:
    1. Start by stating your accomplishments
    2. Show that you’re ready for more responsibility and eager to learn
    3. Describe:
    a) How this event will increase your productivity?
    b) How you will need less supervision
    c) How you can bring back the knowledge to the company
    4. Follow up
You might find free to attend events which are usually organized by a solution/service provider within the industry. Unlike at free to attend events, on a paid event you will find more diverse industry knowledge rather than presentations related to services or solutions.
In case you cannot attend for both days, you can always attend for just 1 day of the event. In this case we will send you all presentations of the 2 days. The participation fee is 70% of the original investment. In case you would like to attend the event for just 1 day please contact us on booking[at]glceurope.com
In case you are busy on 1 of the days, you certainly can split the 2 day conference with one of your colleague. All you need to do is send us an e-mail to booking[at]glceurope.com
We understand that not all senior-level professionals might be available on the dates. As the event is an annual event, most of the attendees try to postpone their engagements or send a small group from their teams to benefit from the conference.

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