All areas like OTC Derivatives, Repos and Securities Lending and Borrowing come into mind when dealing with collateral management and in recent years. This has been recognized as a very sensitive area for several financial institutions. Whilst this popular tool has been adopted by many European and US banks, Asia in particular, is one region where collateral has not yet been used as a primary credit risk mitigation tool. The need to develop on the market knowledge on how collateral works, recognize how it helps reducing counterparty and market risk and to maximize regulatory capital savings benefits is crucial at this point in time.

This sophisticated 2-day course will be delivered by three key industry experts who will be covering the key issues of collateral explained from an operational, risk and legal perspective. Important collateral topics will be applied into relevant case studies, including focus on the ISDA Credit Support Annex under English Law. Interaction from the participants will be strongly encouraged throughout.

ISDA® is a registered trademark of the International Swaps and Derivatives Association, Inc. The programme is neither sponsored by nor affiliated with the  International Swaps and Derivatives Association, Inc.

ABOUT YOUR EXPERT TRAINERS

Paget Dare Bryan

Partner

Lena Ng

Counsel

Clifford Chance

Jon Gregory

Independent Consultant and Author

Paget Dare Bryan, is a partner at Clifford Chance (Hong Kong) and heads the derivatives and structured products practice in Asia. Paget is admitted in England and Wales and specialises in derivatives, financial market products, securities lending and repos. He has over 15 years experience of structured transactions, including rates, FX, credit, equity and commodity derivatives as well as specialist debt securities and rating issues. Paget advises on credit risk management, custody, collateral and netting issues and regularly speaks on Asian and PRC derivatives issues. In addition, Paget regularly advises PASLA, ASIFMA and ISDA on securities lending, repos, derivatives and related matters.

Lena Ng, Counsel at Clifford Chance (Singapore) leads the derivatives and structured products practice in south east Asia. She specialises in derivatives and other financial market products and has extensive experience of credit and equity derivatives, commodity derivatives and specialist debt securities. Lena also advises on cash and credit risk management, custody, collateral and netting issues and regularly speaks at industry events and conferences. Lena started her legal career in 1996 in Singapore and spent four years in London with Clifford Chance before moving to Hong Kong in 2004. She joined the Singapore office in May 2009 to lead the firm’s derivatives and structured products practice in south east Asia. Lena is admitted in Singapore, England & Wales and Hong Kong.

Dr Jon Gregory is a consultant specialising in counterparty risk and credit derivatives. Until 2008, he was Global Head of Credit Analytics at Barclays Capital based in London. Jon has worked on many aspects of credit modelling over the last decade, being previously with BNP Paribas and Salomon Brothers (now Citigroup). In addition to publishing papers on the pricing of credit risk and related topics, he was in 2001 co-author of the book “Credit: The Complete Guide to Pricing, Hedging and Risk Management”, short-listed for the Kulp-Wright Book Award for the most significant text in the field of risk management and insurance. He is author of the book “Counterparty risk: the next challenge for the global financial markets” published by Wiley Finance in December 2009.