The Future of Finance:
Changes in Regulations for a New Order
Arturo Bris

Objective
This program provides the latest knowledge and analysis of the G20 regulatory responses to the financial crisis.  It will help executives understand and anticipate the new financial regulations that are currently being discussed, prepare for the governance implications and foresee the growth opportunities in the financial world of tomorrow.

Key benefits
By participating in this program, you will:

  • Understand the consequences of the financial crisis on financial institutions, financial markets and financial flows
  • Adjust to the new governance regulations, and understand the resulting responsibilities
  • Anticipate the next waves of regulations that governments will promote and the growth opportunities they will create
Accreditation
Amsterdam Institute of Finance is registered with CFA Institute as an Approved Provider of continuing education programs. This program is eligible for 19.5 CE credit hours as granted by CFA Institute. If you are a CFA Institute member, CE credit for your attendance at this event will be automatically recorded in your CE Diary.

Who should attend?
This program addresses the issues from a strategic point of view and is recommended for those needing to understand the implications of the new regulations currently under discussion, including:

  • All investors, asset managers, fund managers
  • Board members and Non-Executive Directors
  • Company secretaries
  • Auditors
  • Compliance officers
  • Risk managers
  • Executives from regulatory bodies

Faculty
Arturo Bris is Professor of Finance at IMD, Switzerland and academic advisor to several Spanish and international institutions on financial regulation. Before joining IMD, he was the Robert B. & Candice J. Haas Associate Professor of Corporate Finance at the Yale School of Management, where he twice received the Best Teacher Award.

For information about admission, please see our Practical Information.

Program Content
 Day 1
The Roots of the 2008 Crisis

Real Estate Markets

  • Mortgage origination
  • Real estate markets across the world
  • Collateralized mortgage obligations and mortgage-backed securities

 Financial Markets

  • The repo market and the crisis
  • Short sale strategies and prime brokerage
  • Credit default swaps
  • Bailout plans

Day 2
Regulatory Responses

The G-20 Assessment

  • Financial reform: main ingredients
  • Bank secrecy and transparency
  • Hedge funds and derivatives
  • Leverage and accounting
  • The compensation debate

Implementation

  • President Obama's proposal
  • The European AIFM Directive on Hedge Funds
  • Asia and the Middle East
  • The FSA and other regulators
Day 3
Corporate Governance in 2010 and Beyond

Current Issues in Corporate Governance
  • Dual-class stock
  • The role of the board and the executive
  • Transparency and earnings management
  • Fiduciary duties of board members

Corporate Governance Innovations

  • Consumer protection and board duties
  • Corporate governance convergence
  • The role of global institutions – regulators and clearinghouses
  • Corporate Social Responsibility
Upcoming sessions
May 31 - June 2, 2010
€ 3,600
 
(AIF programs are not subject to VAT)