Program (Draft as of 17 March 2020)

Dates: Monday-Tuesday, 24-25 August 2020 Venue: Stamford Ballroom, Raffles City Convention Centre, Singapore (2 Stamford Road, Singapore, 178882) Remarks: Open to the media except Roundtables on Day 2 afternoon

DAY 1 (Monday, 24 August 2020)

Mor

ning

09:15-09:45 Registration

09:45-11:20 PLENARY SESSION

Keynotes Panel P1: Capital Markets of the Future

11:20-11:50 Morning Refreshment Break

11:50-13:30 PLENARY SESSION

Panel P2: Technology of the Future Panel P3: Regulator of the Future

13:30-14:30 Networking Lunch

Afte

rnoo

n

14:30-16:00 STREAM A

Panel A1: Building an Industry Approach for Achieving Operational Resilience Panel A2: How to Streamline KYC/AML/Onboarding to Drive Efficiencies

14:30-16:00 STREAM B

Panel B1: AI/Machine Learning Panel B2: Tokenised Securities

16:00-16:30 Afternoon Refreshment Break

16:30-18:00 STREAM A

Panel A3: Outsourcing Panel A4: Workforce of the Future

16:30-18:00 STREAM B

Panel B3: Data as the New Oil – An Opportunity or a Curse? Panel B4: Innovation in Asia: Regional Trends

18:00 Closing Remarks

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DAY 2 (Tuesday, 25 August 2020)

Mor

ning

08:45-09:15 Registration

09:15-10:40 PLENARY SESSION

Keynote Fireside Chat with Key Regulator and Big Tech

10:40-11:10 Morning Refreshment Break

11:10-12:10 PLENARY SESSION

Panel P4: The Role of Cloud in Capital Markets

12:10-13:10 Networking Lunch

12:40-13:10 Lunch & Learn

Afte

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13:10-16:10 ROUNDTABLES

Roundtable R1: Operational Tax Roundtable Roundtable R2: Surveillance with New Technology – Opportunities and Pitfalls Roundtable R3: How Can Technology and Data Help Drive ESG?

13:10-16:05 CASE STUDIES

Case Studies C1-C6 (25 mins each)

16:10-17:00 Closing Remarks

Networking Drinks & Snacks

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DAY 1 - Monday, 24 August 2020 Morning - PLENARY SESSION

09:45-09:55 Welcome Remarks

Mark Austen, CEO, ASIFMA 09:55-10:15 Keynote 1

Chong Tee Ong, Deputy Managing Director (Financial Supervision), Monetary Authority of Singapore

10:15-10:30 Keynote 2

Sharon Toh, Head of ASEAN, SWIFT

10:30-11:20 Panel P1: Capital Markets of the Future What are the opportunities and challenges arising as the result of disruption? Impact of changing public/private markets trade off (more investments in PE,

IPOs at a later stage etc). What is the implication for the future and how do we ready ourselves and support the corporates?

How should capital markets react to the challenges of ongoing fee compression, regulation, changes in the value chain and automation?

How to make digital transformation a reality in capital markets? What is the impact on business models? 15 years ago, FIs were able to set

terms, there was information asymmetry. Now that access and info is open, the value is not in the execution and prices. What are the value added services FIs need to offer? Will FIs become product/service aggregators? Will we move from shared services to increased outsourcing?

What are the critical ingredients to success? And what are the challenges? (legacy systems, culture…) What is the role of BigTech in capital markets? What lessons can be learned

from BigTech? And what are the lessons BigTech can learn from the incumbents? How to deal with the rise of non-bank competitors?

How about sustainability? How do we incentivise capital markets participants to do the right thing?

Move towards direct listings in the US – what does this mean for Asia and the investment banks’ business models?

11:20-11:50 Morning Refreshment Break

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DAY 1 - Monday, 24 August 2020 Morning - PLENARY SESSION (cont’d)

11:50-12:40 Panel P2: Technology of the Future

How will technology support the investment bank of the future? What are the challenges around carving out budget for innovation? How to deal with legacy infrastructure? Are the incumbents ready to leverage the solutions that the various

technologies offer? What are the key technologies that will drive digitisation in capital markets? What is the role of data and what is the preferred data strategy? What is the preferred model for working with external vendors/tech players? What are the roles and responsibilities of the COO/CIO/CISO/CTO? Tim Hogben, Chief Operating Officer, ASX Group Robert Palatnick, Managing Director and Global Head of Technology Research

and Innovation, DTCC Bin Ru Tan, CEO (APAC & UAE), OneConnect Financial Technology Alan Jones, Business Solutions Director APAC, SmartStream

12:40-13:30 Panel P3: Regulator of the Future

Does the regulatory perimeter need to be expanded? What is the potential impact of innovation on financial stability? How are regulators striking the right balance between innovation and

customer protection? What is the role of sandboxes – lessons learned? How to drive international coordination and harmonisation? How are regulators thinking about and moving to digital supervision (including

regulatory reporting and machine-readable regulations) Moving to a data-driven approach to supervision and suptech. Are the

regulators ready? Are regulators and vendors better places than the FIs to conduct monitoring roles and what does this mean for the three lines of defense model?

How are regulators supporting financial inclusion and wealth distribution? Nopnuanparn Pavasant, Director, FinTech Department, Securities and

Exchange Commission of Thailand Vincent Loy, Assistant Managing Director (Technology), Monetary Authority

of Singapore 13:30-14:30 Networking Lunch

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DAY 1 - Monday, 24 August 2020 Afternoon - STREAM A

14:30-15:15 Panel A1: Building an Industry Approach for Achieving Operational Resilience

How are firms looking at operational resilience? What are the regulatory expectations? Cyber risks – what are the emerging risks and how does the industry prepare

to react to and recover from a global systemic cyber event? The Financial Sector Cybersecurity Framework – what are the advantages and

how to drive adoption? Robert Poh, Director, Financial Services Information Sharing and Analysis

Center (FS-ISAC Singapore & Asia)

15:15-16:00 Panel A2: How to Streamline KYC/AML/Onboarding to Drive Efficiencies What are the challenges firms are facing? How can technology help? What will drive adoption of utilities? ASIFMA HK KYC Standard – how can it help alleviate the burden? Is a Digital ID the underpinning solution? Regulator view Anson Zeall, Chairman, ACCESS Chee Kin Lam, Managing Director, Head Group Legal, Compliance &

Secretariat, DBS Guy Sheppard, Head of APAC Financial Crime, Intelligence and Initiatives,

SWIFT Tamara Singh, Founder, W3 CDD (moderator)

16:00-16:30 Afternoon Refreshment Break 16:30-17:15 Panel A3: Outsourcing

Preferred strategy around outsourcing/inhouse/offshoring? What are the main drivers for outsourcing? What does ideal third-party risk management look like? How to build an

efficient and effective vendor management framework? Does the regulatory perimeter need to be expanded to include certain critical

infrastructure? How to address concentration risks? Vendor risk and the importance of due diligence Shadow infrastructure Sarabjit Anand, Regional CIO for ASA, Standard Chartered

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DAY 1 - Monday, 24 August 2020 Afternoon - STREAM A (cont’d)

17:15-18:00 Panel A4: Workforce of the Future

How to move from waterfall approach to agile working? What is the advantage?

What is the ideal people plan for (digital) transformation projects (in-house/ external)?

How to converge personal accountability regimes with tech projects? Governance/surveillance/monitoring How will automation impact the workforce? What does it mean for the

required skillsets? How to ensure a diverse workforce of the future?

18:00 Closing Remarks

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DAY 1 - Monday, 24 August 2020 Afternoon - STREAM B

14:30-15:15 Panel B1: AI/ Machine Learning

What are the AI use cases in capital markets? What are the regulatory approaches and gaps? What are firms already doing in terms of AI governance and what else is

needed? How can FIs build a regional AI framework? What level of transparency/explainability is needed? How can the outcomes (including potential biases) be monitored? Who

monitors the machines and corrects them? Although AI can be biased, will we still allow humans to make biased,

suboptimal decisions despite having the ability to assess these versus an AI decision?

Will AI create systemic risk? Hsien-Hui Tong, Head of Venture Investing, SGInnovate

15:15-16:00 Panel B2: Tokenised Securities

Leverage our ASIFMA paper What are the benefits of blockchain in capital markets? Benefits of tokenising

securities? What are the challenges? Regulatory gaps / approaches What are the live use cases? What will be the trigger point for mass adoption? Grace Chong, Board Member, Board Liaison for the Regulatory Committee,

ACCESS Laurence Van der Loo, Director – Technology and Operations, ASIFMA

(moderator) 16:00-16:30 Afternoon Refreshment Break

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DAY 1 - Monday, 24 August 2020 Afternoon - STREAM B (cont’d)

16:30-17:15 Panel B3: Data as the New Oil – An Opportunity or a Curse?

How to transform into a data-driven organisation? How to incubate a data-driven culture?

What are the implications of open banking and data sharing (including for dataprivacy and security) and how to address these?

Importance of data for regulatory reporting, innovation, AI adoption, regtech adoption.

Can we move to a regional/global data standard? Increasing data localisation requirements in the region: drivers, concerns and

alternative solutions Vincent Loy, Assistant Managing Director (Technology), Monetary Authority

of Singapore Sanjna Parasrampuria, Head – Applied Innovation Asia, Refinitiv Labs,

Refinitiv Jame DiBiasio, Founder, DigFin (moderator)

17:15-18:00 Panel B4: Innovation in Asia: Regional Trends e.g. what is happening in India/ China What is different in Asia compared to the rest of the world? Adam Cotter, Director & Head of Asia, OMFIF (moderator)

18:00 Closing Remarks

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DAY 2 - Tuesday, 25 August 2020 Morning - PLENARY SESSION

09:15-09:25 Welcome Remarks by ASIFMA 09:25-09:50 Keynote 1

09:50-10:15 Keynote 2

Mark Johnston, Head of Security and Networking Specialists, Google Cloud, Asia Pacific and Japan, Google

10:15-10:40 Fireside Chat with Key Regulator / BigTech 10:40-11:10 Morning Refreshment Break 11:10-12:10 Panel P4: The Role of Cloud in Capital Markets

What are the benefits of and opportunities for cloud adoption in capital markets?

Automation in the cloud – what are the opportunities and use cases (including storage, processing, regulatory reporting, better use of AI, data analytics etc.)?

What are the short term and longer-term concerns and challenges that hinder cloud adoption?

What are the current regulatory approaches in the region and globally? Does the regulatory perimeter need to be expanded?

How do firms move from legacy systems to cloud? What are the practical operational challenges?

How to drive interoperability and data portability in a cloud environment? Mark Johnston, Head of Security and Networking Specialists, Google Cloud,

Asia Pacific and Japan, Google Henry Tsang, Senior Manager, Intermediaries Supervision, The Securities and

Futures Commission of Hong Kong Laurence Van der Loo, Director – Technology and Operations, ASIFMA

(moderator) 12:10-13:10 Networking Lunch 12:40-13:10 Lunch and Learn: APIs and Interoperability

Tom Alaerts, Director, Standards, Asia Pacific, SWIFT

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DAY 2 - Tuesday, 25 August 2020 Afternoon - ROUNDTABLES (Closed to the media)

13:10-14:10 Roundtable R1: Operational Tax Roundtable 14:10-15:10 Roundtable R2: Surveillance with New Technology – Opportunities and Pitfalls

Julie Chan, Head of Monitoring & Surveillance Market Integrity, APAC, Compliance Department, BNP Paribas

Michael Duignan, Senior Director, Enforcement, Securities and Futures Commission

15:10-16:10 Roundtable R3: How Can Technology and Data Help Drive ESG?

16:10-17:00 Networking Drinks and Snacks

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DAY 2 - Tuesday, 25 August 2020 Afternoon – CASE STUDIES

Time Organisations Speakers Topics

13:10-13:35 C1

SmartStream Technologies

TBC Keys to Operational Efficiency with Managed Services

13:40-14:05 C2

KapronAsia TBC

14:10-14:35 C3

Symphony TBC Automating Trade Status Enquiry on Symphony: HSBC River Bot Journey

14:40-15:05 C4

15:10-15:35 C5

15:40-16:05 C6

16:10-17:00 Networking Drinks and Snacks

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