Structured Products& Derivatives Forum 2012

Why attend? • Find out how Mifid II will change commodity derivatives• Learn how to take advantage of arbitrage between Europe and the US• Hear responses to changes in trading book capital charges• Discover how to draft documentation post-PD, Prips and Mifid II• Discuss techniques to counter increased product intervention• Listen to a detailed discussion on restructuring structured products

Visit: www.iflr.com/SP2012 Call: + 44 (0) 20 7779 8999Email: registrations@iflr.com

To register, or for more information:

February 9 2012 – Grand Connaught Rooms, London

A regulatory update for in-house counsel and their advisers

FREE for in-housecounsel

Sponsors

Media partners

CPD/CLE

6.5 hours

IFLR Structured Products& Derivatives ForumFebruary 9 2012 • Grand Connaught Rooms, London

IFLR’s second annual Structured Products & DerivativesForum in London will discuss Mifid II, Dodd-Frank, Emir,Basel III, CRD 4 and how these regulations and laws willwork alongside each other.

There will be a focus on retail structural products, how toprotect your collateral in restructurings and the future ofdocumentation. The forum will be in a panel format andwill feature legal industry leaders from banks, corporatesand private practice.

Who you will meet:•Bankers’ counsel•Corporate counsel•Investment bankers•Regulators•Law firms

Sponsorship opportunities: We will create a bespoke solution that will position yourcompany as a thought leader and ensure you engage with your target audience. Thiswill help you to meet and influence the people who are going to grow your business.

Please contact Melanie Petch on +44 207 779 8836 or MPetch@euromoneyplc.comto discuss.

The hotel: Grand Connaught Rooms

Great Connaught Rooms have the ability to meet anyneeds for an event in London, including meetings,training, conferences, corporate, banqueting, awards,fashion shows, product launches.

With over 950sqm of flexible exhibition space, 30 uniquemeeting rooms, Great Connaught Rooms can host a toplevel board meeting for 8, deliver a delicious meal to 750or get the cocktails in for 1,000. And if you need a bedfor the night our palatial sister hotel: Hotel Russell is justa 10 minute walk away and there are 373 beds there.

The venue is only a short walk from HolbornUnderground Station.

61 - 65 Great Queen StreetLondon, England, WC2B 5DA

Tel: +44 (0)20 7405 7811Fax: +44 (0)20 7831 1851www.grandconnaughtrooms.com

February 9 2012

Visit: www.iflr.com/SP2012 Call: +44 207 779 8999Email: registrations@iflr.com

IFLR European Capital Markets Forum • April 25-26 2012 • London

IFLR European Awards • March 22 2012 • London

IFLR Americas Awards • March 29 2012 • New York

Euromoney Legal Media Group's European Women in Business Law Awards • June 20 2012 • London

8.30 Registration and breakfast

8.55 Chair’s opening remarksTom Young, managing editor, IFLR

9.00 Understanding Mifid II• Central clearing• Reporting requirements• Impact of increased product intervention – regulator action

in UK, France and Belgium• How commodity derivatives and structured products will

have to change• Will derivative position limits be introduced?Peter Green, partner, Morrison & Foerster (chair)

Robert Finney, partner, Dewey & LeBoeuf

10.00 Dodd-Frank versus Mifid II and Emir• Do we have clarity on clearing?• What is required for exchange clearing of derivatives?• Will Esma makes a graduated approach to clearing over a

period of time?• The extraterritorial concerns over Dodd-Frank• Harmonisation and timing issues – potential for arbitrageAnna Pinedo, partner, Morrison & Foerster (chair)

Kate Lamburn, solicitor, Bank of America Merrill Lynch

Tariq Rasheed, senior associate, Berwin Leighton Paisner

11.00 Coffee

11.20 Basel III and CRD 4• CRD 4 implementation issues• Basel III concerns, including liquidity ratios and leverage

ratio• Application of Article 122a (skin in the game) to CLO

transactions• Due diligence, risk management and disclose• Structural responses to changes in trading book capital

charges, including CVA charges for counterparty risk• How do other regulatory capital proposals, including the

Vickers Report, fit in?• Comparisons to US legislation and regulationJohn Goldfinch, partner, Milbank (chair)

Irving Henry, director of prudential capital and risk, BritishBanker’s Association

Vincent Baritsch, head of group prudential policy, RoyalBank of Scotland

James Warbey, partner, Milbank

12.20 Lunch

13.15 Ratings focus: New regulation a furtherhurdle to recovery• How rotation proposals will limit sponsor choice• Regulatory pre-approval of methodologies will delay new deals• Technical hurdles: e.g. non-availability of counterparty ratingsSusan Launi, senior European counsel, Fitch Ratings

13.30 Retail structured products• Where has the Packaged Retail Investment Products initiative

got to since the last update• Update on Key Information Documents• Complex versus non-complex products• Actions taken by individual national regulators• Interaction with other regulatory developments including Mifid,

the Prospectus Directive, Emir and US legislationJeremy Jennings-Mares, partner, Morrison & Foerster

(chair)

Timothy Hailes, chairman, Joint Association Committee

Penny Miller, managing associate, Simmons & Simmons

14.30 The future of structured products• Esma’s proposals on the content of final terms under the

Prospectus Directive• How documentation will look post-PD, Prips and Mifid changes• Which products will be hot in 2012David Hudd, partner, co-leader of finance practice group,

Hogan Lovells (chair)

Darren Greenberg, director and senior legal counsel, RoyalBank of Scotland

Ruari Ewing, director, regulatory policy and market practice,ICMA

Julian Velarde, head of derivatives, London, CIB legal, BNP Paribas

James Doyle, partner, Hogan Lovells

15.30 Coffee

15.50 Restructuring: How to protect yourcollateral• What to do if the prime broker goes insolvent• What is secured by statute?• How a redenomination of currency would impact structured

products and derivativesJames Warbey, partner, Milbank (chair)

Roger Fishwick, director, investor services, Thomas Murray

Nick Angel, partner, Milbank

16.50 Chair’s closing remarks

17.00 Close of conference

I would like to register for IFLR’s

Structured Products & Derivatives Forum February 9 2012 • Grand Connaught Rooms, London

Booking fee Advisors / Consultants / Bankers’ or corporatePrivate practice / counsel / professionals from professional services banks and funds

Super early bird rate £595 FREE(before November 25 2011)

Early bird rate £695 FREE(before December 16 2011)

Standard booking rate £795 FREE

+20% VAT Total remittance

Name:

Job title:

Company:

Address:

Postcode:

Country:

Tel:

Fax:

Email:

Please photocopy this form for additional delegates.

I cannot attend but please add me to your mailing list for future events.

Payment must be received before the conference date to guarantee your place. Please tick box to select payment method and sign agreement in box

Bank transfer quoting reference number

£ Account – 01043191; Sort code – 30-00-02IBAN no – GB 97 LOYD 300002 01043191Lloyds Bank TSB Plc, City Office, PO Box 72, Bailey Drive,Gillingham Business Park, Gillingham, Kent, ME8 0LS, UK

$ Account – 11512129; Sort code – 30-12-18IBAN no – GB 29 LOYD 301218 11512129

€ Account – 59008833; Sort code – 30-12-18IBAN no – GB 25 LOYD 301218 59008833SWIFT address: LOYD GB2 LCTY

Please find cheque enclosed(please make payable to Euromoney Institutional Investor PLC)

To make a payment by credit card, please register and pay online at:www.iflr.com/SP2012 or call: +44 20 7779 8999

Please note that in completing this booking form you undertake to adhere to thecancellation and payment terms listed below.

Signature: Date:

Position:

The information you provide will besafeguarded by the Euromoney InstitutionalInvestor PLC group, whose subsidiaries mayuse it to keep you informed of relevantproducts and services. We occasionally allowreputable companies outside the EuromoneyInstitutional Investor group to contact you withdetails of products that may be of interest toyou. As an international group, we may transferyour data on a global basis for the purposesindicated above. If you object to contact bytelephone , fax or email please tick thebox. If you do not want us to share yourinformation with other reputable companiesplease tick this box .

Online:www.iflr.com/SP2012

Tel:+44 20 7779 8999

Fax:+44 (0) 20 7779 8279

Email:registrations@iflr.com

Mail:Marina Fabri

Legal Media Group Nestor House

Playhouse Yard London EC4V 5EX UK

CANCELLATION POLICY: If you cannotattend you must cancel your registration inwriting by 9 January 2012 to receive arefund less a 10% administration charge.Cancellations received after 9 January2012 or no shows are liable for the fullconference fee. You may send a substituteto attend in your place at no extra charge,however we must know by 3 February2012 via email. We cannot accept verbalcancellations. If you make your bookingvia the telephone, you are automaticallyadhering to our terms and conditions.

REGISTRATION FEE: The registrationfee includes participation in theconference, breakfast and documentationmaterial, which will be distributed atregistration. All bookings are binding onreceipt of the booking form.

1|Register (Please tick one box):

2|Your details for registration (Please print):

3|Method of payment

ADMINISTRATIVE INFORMATION:

To Register