Few spaces left for International Regulatory Forum

Industry’s enthusiastic response to the Bermuda Monetary Authority’s (the Authority) fourth annual International Regulatory Forum has already translated into approximately 250 registrants.

Global financial services leaders appearing at the Forum include Keynote Speaker, Dame Amelia Fawcett, Chairman of the Hedge Funds Standards Board, the global standard-setting body for the hedge funds industry, and Mike McGavick, CEO, XL Group and Chairman, Association of Bermuda Insurers and Reinsurers (ABIR).

There has been a very high level of interest in both the quality of speakers on the panels and the topics being presented which will cover key global issues that are highly relevant to Bermuda's financial services sector.

The Authority advises that a few spaces are still available. Anyone who still wishes to attend is encouraged to contact [email protected]. The registration deadline is Friday, 8th November.

The Forum will take place at the Fairmont Hamilton Princess Hotel on Tuesday, 19th November. Opening registration will begin at 8:15 a.m. and sessions will conclude at 5:30 p.m.

4th Annual Bermuda Monetary Authority International Regulatory Forum

November 19th 2013

Theme: Redefining Leadership in a Changing Regulatory World

Agenda

8:15 am Registration, Networking and Coffee

MORNING SESSION

8:45 am – 9.00 am Welcome and Introductory Remarks – Shanna Lespere, Director of Operations, Bermuda

Monetary Authority (BMA)

9:00 am - 9:15 am Opening Address – The Hon Craig Cannonier, JP, MP, Premier of Bermuda

9:15 am - 10:30 am

Moderator:

John Lester, Partner,

Oliver Wyman

Panel 1 – Banking: Banking Supervision and Global Financial Stability – Addressing Short-

Term Risks to Reach the Long-Term Vision for Success

Speakers:

Sir Andrew Large, former Deputy Governor, Bank of England

Shauna MacKenzie, Director, Policy, Legal and Enforcement, BMA

10:30 am – 10.45 am Networking Break

10.45 am – 12.00 pm

Moderator:

Derek Stapley, Director,

Bermuda Business

Development Agency

Panel 2 – Asset Management: Regulatory Priorities vs. Business Development – How Can

Jurisdictions Find a Balance?

Speakers:

Dame Amelia Fawcett, Chairman, Hedge Funds Standards Board

Tim Selby, President and Director, New York Hedge Funds Roundtable

William Murden, Counselor to the Assistant Secretary of the Treasury, US Dept. of the

Treasury

Gareth Murphy, Chairman, Investment Management Standing Committee, ESMA

12.00pm – 1.30pm Luncheon – Keynote Speaker: Dame Amelia Fawcett, Chairman, Hedge Funds Standards

Board

AFTERNOON SESSION

1:30 pm – 2:45 pm

Moderator:

Karel Van Hulle,

International Centre for

Insurance Regulation

Panel 3 – Commercial Insurance Sector I: Reality Check – Current Global Regulatory

Initiatives and Implications for the Bermuda Market

Speakers:

Mike McGavick, CEO, XL Group; Chairman, ABIR

Michael Consedine, Insurance Commissioner, Pennsylvania/ National Association of Insurance

Commissioners

Craig Swan, Managing Director, Supervision, BMA

2:45pm – 3:00pm Networking Break

3:00pm – 4:15 pm

Moderator:

Lawrence Bird, President,

Bermuda Insurance

Managers Association

Panel 4 – Captive Insurance Sector: Addressing conflicting perspectives: Risk transfer vs.

“shadow insurance”

Speakers:

Robert H. Myers, Partner, Insurance Group /Morris, Manning & Martin, LLP

Craig Fowler, SVP, Offshore Reinsurance, Transamerica Group of Companies; BILTIR

Commissioner James Donelon, President, National Association of Insurance Commissioners

Shelby Weldon, Director, Licensing and Authorisation, BMA

4:15 pm – 5:30 pm

Moderator:

Arthur Wightman, Partner,

Insurance Leader, PWC

Panel 5 – Commercial Insurance Sector II: What is the Future of “Alternatives” in Risk

Transfer for Regulators and the Market?

Speakers:

Lixin Zeng, CEO AlphaCat Managers, Validus Group

Frank Majors, Principal and Co-founder, Nephila Capital

Andre Perez, Founder, Horseshoe Group

5:30 pm Concluding Remarks - Shanna Lespere