The inaugural Valuation & Risk Policy Forum was held at the Marriott Hotel in Brussels on Thursday July 9th 2009. This all day conference and exhibit reviewed the proposed reforms to the regulatory and oversight regime for valuation and risk following the G20 Summit in April.
Presentations from key institutions involved in this process gave an update on the current state of play in policy making, regulatory change and standard setting. In addition you delegates heard from vendors and industry associations on their efforts to help meet onerous valuations responsibilities.
The Keynote Speeches were given by -
Michel Prada - Chairman of the International Valuations Standards Council, member of the FASB/IASB Financial Crisis Advisory Group and ex-head of the Autorite des Marches Financiers.
Philippe Danjou - Board Member, International Accounting Standards Board and Chair of Committee of European Securities Regulators, European Enforcers Co-ordination Sessions
Pierre Delsaux - Director, DG Markt, European Commission and EC Representative on G20 Working Group 1.
Other important speakers were:
Thomas Aubrey, Managing Director, Fitch Solutions
Prof. Laurence Copeland, Cardiff Business School/IEA
Christian Krohn, Director, European Regulatory Policy, SIFMA
Peter Jones, Head Valuation Scenario Services, S&P Marc Pickeur, CBFA and Chair of Audit SubGroup, Basle Committee ATF
Barbara Ridpath, Chief Executive, International Centre for Financial Regulation Nicolas Veron, Research Fellow, Breugel and Columnist, La Tribune
Mission Critical Topics
For the first time valuations and their impact on the assessment of risk took a leading role in a major financial summit and this has serious implications for the future of all those involved in the business. This conference reviewed:
the G20 recommendations as they relate to valuation and risk and whether they are on the right track;
the views of the regulators on the new financial architecture;
the activities of the key standards setters in valuation;
how valuations practitioners see their role under the new regime;
developments from the major valuations vendors;
the work of the financial trade associations to help their members meet their obligations.
Valuations professionals in banks, fund groups, custodians, administrators, accountants and auditors, regulators, standard setters, and lawyers. Those who have a responsibility for producing, auditing, overseeing or approving the valuation of financial assets.
Click on the PDF icon to see the agenda and programme.