Eminent speaker: Regulating 'Shadow Banking' - Defining the question (Fully Booked)
Mon 31 Mar 14 at Skadden LLP, London

Venue sponsored by:
Skadden LLP

International bodies and regulators across the globe have been examining the regulation of the so called "shadow banking" sector, casting the spotlight on financial instruments like money market funds and transactions such as securities lending and repo.

CFA UK are delighted to welcome David Wright, Secretary General, International Organisation of Securities Commissions (IOSCO) who will discuss the role of these investment funds in providing market based financing to the economy, their use by investors and the success of some regulatory reforms undertaken since the 2008 crisis. He will also discuss how regulators could more effectively address the issues raised in shadow banking regulatory proposals.


11:30 - Registration
12:00-13:00 - Presentation by David Wright, Secretary General, International Organisation of Securities Commissions (IOSCO)
13:00 - Sandwich lunch served

David Wright
Secretary General, International Organisation of Securities Commissions (IOSCO)

David graduated from Worcester College, Oxford in 1974 and worked for nearly 34 years in the European Commission. He held a variety of posts, early on he was responsible for oil and gas data during the second oil crisis; energy policy coordination and modelling in the Directorate General for Energy, and then industrial trade policy negotiations during the Uruguay multilateral trade round.

From 1989-1992 he was a member of President Delors' "Think Tank" called the "Cellule de Prospectives" where he worked on industrial policy and wrote the first Commission document on sustainable development. In this period he co-authored a book with Professor Alexis Jacquemin on the post-1992 EU political and economic agenda called "Shaping factors, shaping actors". From 1993-1994 he was a member of Sir Leon Brittans' Cabinet and worked on various aspects of trade and industrial policy, including completion of the Uruguay Round in 1994. In 1995 he became an Adviser to President Jacques Santer in his Cabinet – covering competitiveness, industrial and telecom policies, political relations with the UK and Ireland, financial services, risk capital and various other trade and foreign policy briefs. He was first Director, then Deputy Director-General for securities and financial markets, then for all financial services policy in DG Internal Market and Services. He helped design and drive forward the Financial Services Action Plans to integrate the EU's capital and financial services markets. He was the rapporteur for both the Lamfalussy and De LaRosière Committees, chaired the Securities and Banking Committees and represented the Commission in the Financial Services Committee and in various FSB/G20 fora. He also played a leading role in the EU-US financial markets dialogue.

He was the EU Visiting Fellow at St Antony's College, Oxford until July 2011 and was a Member of the European Commission's Task force on Greece until the end of January 2012. David Wright’s appointment as Secretary General of the International Organisation of Securities Commissions (IOSCO) commenced on 15 March 2012.

When and where?

Monday 31 March 14

Registration: 11.30
Event: 12.00 - 13:00

Skadden LLP, 40 Bank Street, Canary Wharf, London E14 5DS
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Nearest tube station
Canary Wharf
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Member - £Â£0
Non-member - £Â£50

This is eligible for 1 CPD hour