The Annual Meetings of the International Monetary Fund and the World Bank Group, take place in Tokyo in October 2012, following the first Tokyo Annual Meetings in 1964.

Japan Securities Dealers Association and The World Bank will host a capital markets seminar to provide an opportunity to discuss the raison d’etre of capital markets and their expected roles in the future.

 

date

Date Friday, October 12, 2012
Venue Nikkei Conference Room
6 Floor, Nikkei Building, 1-3-7, Otemachi, Chiyoda-ku, Tokyo 100-8066
Co-hosted The World Bank and Japan Securities Dealers Association
Co-Sponsored Rating and Investment Information, Inc. and Tokyo Stock Exchange Group, Inc.
Registration Fee Free

program

12:30-13:00 Registration
13:00-13:05 Welcome Remarks
Mr. Tetsuo Mae, Chairman, Japan Securities Dealers Association
13:05-13:15 Opening Remarks
Ms. Madelyn Antoncic, Vice President and Treasurer, The World Bank
13:15-13:30 Keynote Speech 1
‘Japanese Capital Markets Contributing to Global Development’

The World Bank provided significant assistance to Japan’s reconstruction after World War II and has now become an active fund-raiser in the Japanese capital market. Ms. Doris Herrera-Pol, Director, Global Capital Markets, The World Bank, delivers her views on the importance of Japanese Capital Markets reflecting on the mutually rewarding relationship between the World Bank and Japan.
13:30-13:45 Keynote Speech 2
‘Views from Europe- The Euro Crisis and its Capital Market in the Future’

Presentation material English
The Euro and the European economy are still facing a serious situation and attracting the world’s attention. Mr. Martin Scheck, Chief Executive, International Capital Market Association (ICMA), provides his views as a European capital market stakeholder on the region’s current circumstances, lessons from the Crisis, as well as functions of capital market in crisis situations.
13:45-14:55 Panel Discussion 1
‘Financial Crisis, Regulatory Reform and the Future of the Financial Industry’

The panel will focus on:
-Ongoing Regulatory Reform in Capital Markets (Measures and policies proposed by BCBS, IOSCO and other international standard setters, developments in Dodd-Frank and MiFID implementation, etc.), and
-Future Business Models in the Financial Sector

Moderator: Mr. Yasuo Ota, Senior Staff Writer, Economic and Financial News Department, Editorial Bureau, Nikkei News
Panelists:
-Mr. Tokio Morita, Deputy Commissioner for International Affairs, Planning and Coordination Bureau
-Mr. Kenneth E. Bentsen, Jr., Executive Vice President, Public Policy and Advocacy, SIFMA

Presentation material English / Japanese
-Mr. Rene Karsenti, President, ICMA

Presentation material English / Japanese
-Mr. Sadakazu Osaki Head of Research, Center for Strategic Management and Innovation, Nomura Research Institute

Presentation material English / Japanese
14:55-15:15 Coffee & Tea
15:15-16:30 Panel Discussion 2
‘Asian Bond Market: Japanese Yen vs. Chinese Renminbi’

The panel will focus on:
-Yen’s future, “Will the JGB continue to be a safe asset?”
-Emerging Renminbi (Renminbi-denominated bonds, expansion of offshore Renminbi market, and its function as a settlement currency), and
-Prospects for Growing Asia, future roles therein shared by Japan and China

Moderator: Mr. Yusuke Kawamura, Deputy Chairman of the Institute, Daiwa Institute of Research
Panelists
:
Presentation material English / Japanese
-Mr. Yoshito Minami, Deputy Director-General of the Financial Bureau, Ministry of Finance of Japan
Presentation material English / Japanese
-Mr. Tomoya Masanao, Managing Director, PIMCO Japan
-Mr. Yasumasa Nishi, Managing Executive Officer, Head of Market Unit, Mizuho Bank
-Prof.. Haihong Gao, Director and Professor, Section of International Finance, Institute of World Economics and Politics, Chinese Academy of Social Sciences

Presentation material English / Japanese
-Mr. Stephen Williams, Head of Global Capital Markets Asia-Pacific, HSBC, Hong Kong
Presentation material English / Japanese

*Program is subject to change.
*Simultaneous interpretation between English and Japanese will be provided throughout all the sessions.