ASEAN BOND MARKET INTEGRATION

Transcription

1 ASEAN Fixed Income Conference RIDING THE WAVE OF ASEAN BOND MARKET INTEGRATION 14 FEBRUARY 2017 KUALA LUMPUR, MALAYSIA PREMIUM PARTNER STRATEGIC PARTNER PARTNER SIDC CPE ACCREDITED 10 CPE POINTS

2 ABOUT THE CONFERENCE ASEAN capital markets have made some progress towards regional integration, with several milestones being met. As the ASEAN Economic Community moves towards the next phase of regional integration, what might be in store for regional bond markets? What initiatives can we build on, and what more needs to be done? As the first such collaboration between two leading rating agencies in the region, the inaugural RAM-PEFINDO ASEAN Fixed Income Conference explores these issues in depth. Held at the start of the year, the conference also sets the stage for 2017 bringing experts together to discuss economic expectations and sector outlooks, and of course, the opportunities that lie ahead. In addition to being a platform where players across the bond market spectrum share their unique insights, this conference will provide participants with unique networking opportunities. TARGET AUDIENCE Executive and business leaders from the corporate and private sectors Investment bankers Regulators Government Officials Policy makers Buy-side analysts Sell-side analysts Foreign fund managers Local fund managers Rating agencies Institutional Investors Accountants Lawyers Researchers Academicians ABOUT THE ORGANISERS RAM Rating Services Berhad was established in 1990 by the Malaysian central bank, as part of the institutional infrastructure to support the development of Malaysia s debt capital market now the third largest bond market in Asia and largest in ASEAN. With more than 25 years experience, RAM is now the leading credit rating agency in ASEAN since its recognition as the Most Influential Rating Agency in the Region in Operating out of the world s largest Islamic finance hub, our experience and knowledge in Sukuk is recognised, being conferred numerous awards such as Best Islamic Rating Agency in 2012 by GIFA, Most Outstanding Islamic Rating Agency between 2011 and 2013 by KLIFF, 1st Runner up for Best Islamic Rating Agnecy in 2015 and more recently, the Best Islamic Rating Agency in 2016 by Islamic Finance News. Our portfolio is defined by a strong presence in Malaysia, Asia, GCC and an expanding coverage of European entities. We continue to serve the global investment community through our ASEAN and global rating scales, which were launched in Meanwhile, in 2013, RAM had gained further renown as one of the 6 credit rating agencies recognised by the Tokyo Stock Exchange for the PRO-Bond Market. PEFINDO Credit Rating Agency is the oldest credit rating agency in Indonesia, which was established in 1993 under the initiative of the Financial Service Authority of Indonesia (Otoritas Jasa Keuangan), previously known as the Capital Market Supervisory Agency (Bapepam), and the Central Bank of Indonesia. Pefindo is the leading and most trusted agency in Indonesia, covering more than 80% of domestically-listed debt instrument issuances. Pefindo played a very important role in new debt instrument development in Indonesia, such as Islamic Debt Instrument (Sukuk), Mortgage-backed Securities, Project Bonds, Fixed Income Fund Rating, and other credit rating-related services.

3 CONFERENCE 8.30 a.m a.m. Registration and Morning Coffee Welcome Remarks by YBhg Tan Sri Dato Seri Siti Norma binti Yaakob Chairman RAM Holdings Berhad Mr Salyadi Saputra President Director PEFINDO Credit Rating Agency 9.10 a.m. Keynote Address by YBhg Tan Sri Dato Seri Ranjit Ajit Singh Chairman Securities Commission, Malaysia 9.35 a.m. Special Address by Mrs Ir Nurhaida, Capital Market Supervisory OJK Board of Commissioners, Indonesia a.m. Morning Reception PANEL SESSION A ASEAN Capital Market Integration - What lies ahead? a.m. As the ASEAN Economic Community (AEC) moves towards the next phase of regional integration under AEC Vision 2025, what initiatives can we build on, and what more needs to be done? Benefits and challenges of bond market integration Milestones under the ACMF Action Plan and the 2017 Annual Implementation Plan What are the opportunities available for issuers and investors? Does BREXIT change the landscape for ASEAN capital market integration? What more can be done to promote and facilitate ASEAN bond market integration? Dr Jae Young LEE Group Head & Lead Economist ASEAN+3 Macroeconomic Research Office (AMRO) Mr Mohamed Nazri Omar Managing Director/ Danajamin Nasional Berhad Mr Samsul Hidayat Director of Listing Indonesia Stock Exchange Mr Sarjito Deputy Commissioner of Capital Market Supervisory I OJK Indonesia Dr Shu TIAN Economist, Economic Research & Regional Cooperation Asian Development Bank a.m. Question & Answer session PANEL SESSION B 2017 Economic Forecast, Sector Outlook and Credit Trends a.m. The panel discussion will cover the following: Economic outlook for ASEAN countries Monetary policy responses and interest rate expectations ASEAN currencies outlook expectations The new normal of low oil prices and its impact for ASEAN 2017 outlook for the ASEAN banking and infrastructure sector Dr Arup Raha Group Chief Economist CIMB Group Dr Rafael Muñoz Moreno Senior Country Economist for Malaysia The World Bank Mr Promod Dass Deputy RAM Rating Services Berhad Mrs Vonny Widjaja Rating Director PEFINDO Credit Rating Agency Mr Vincent Conti Asia-Pacific Economist Standard & Poor s Ratings Services noon Question & Answer session p.m. Lunch PANEL SESSION C 2017 ASEAN Fixed Income Trends 1.30 p.m. To kick start the new year, economists and sector experts will discuss economic outlooks, exchange rates, monetary policy expectations and the credit trends for selected industries. In this session, industry practitioners discuss investment and trading strategies and opportunities in the current market environment. Outlook for ASEAN fixed income Managing an ASEAN investment portfolio in an environment of negative global interest rates Diversification strategies within ASEAN bond markets Managing foreign exchange risk in cross-border bond investments ASEAN bond market volatility and liquidity conditions Mr Mohamed Nazri Omar Managing Director/ Danajamin Nasional Berhad

4 CONFERENCE PANEL SESSION C (Cont d) Dr Donghyun Park Principal Economist Asian Development Bank Mr Nik A Mukharriz Director CIMB Regional Fixed Income Research Mr Denny R. Thaher PT Maybank Asset Management, Indonesia 2.15 p.m. Question & Answer session PANEL SESSION D Doing Business in ASEAN Bond Markets 2.45 p.m. This will be a session useful for firms exploring crossborder bond issuances or investors seeking regional investment opportunities. Both parties will be introduced to the market infrastructure for regional bond issuances and trading. Meanwhile, firms will benefit from the experience of investment bankers who have facilitated regional cross-borders, as well as the experience of firms who have raisedfunds beyond their domestic markets. Trend of cross-border issuances across ASEAN countries Initiatives and infrastructure for cross-jurisdictional bond issuances The common ground, similarities and differences among ASEAN bond markets Investor appetite for cross-border investment opportunities Issues of significance for regional bond issuances An investor s perspective: What are the key considerations for cross-border investment decisions? PANEL SESSION E Exploring New ASEAN Asset Classes and Investment Themes 4.30 p.m. Efforts are being made to promote ASEAN as an asset class regionally and globally. This session explores the new asset classes and investment themes that could arise as a result of this development, and the opportunities for issuers and investors alike. Opportunities for Islamic finance & Shariahcompliant Sukuk with ASEAN countries Benchmarking sustainable infrastructure as an asset class Opportunities in infrastructure financing in Indonesia Relevance of Sustainability Ratings Mr Promod Dass Deputy RAM Rating Services Berhad Mr Hans-Peter Egler Global Infrastructure Basel Foundation (GIB) Ms Gladys Chua Head, Sustainability Ratings RAM Consultancy Services Mr Agresius R. Kadiaman Director PT Sarana Multi Infrastruktur (Persero) Mr Mohamad Safri Shahul Hamid Senior Managing Director & Deputy CIMB Islamic Bank Berhad 4.45 p.m. Question & Answer session 5.15 p.m. End of conference Mr Asad Haque Mandiri Securities, Singapore YBhg Datuk Chung Chee Leong Cagamas Berhad Mr Kiyoshi Nishimura Credit Guarantee & Investment Facility (CGIF) Ms Rohaya Mohammad Yusof Head, Capital Market Development Employees Provident Fund, Malaysia Mr Krishna Syarif Investment Director Badan Pengelola Jaminan Sosial Ketenagakerjaan Indonesia 3.30 p.m. Question & Answer session 4.00 p.m. Coffee Break

5 14 February 2017 Mandarin Oriental Hotel, Kuala Lumpur 9.00 a.m. to 5.15 p.m. REGISTRATION FORM / INVOICE (Registration will commence from 8.15 a.m. onwards.) Name 1 (Mr/Ms) Name 2 (Mr/Ms) 3 QUICK & EASY WAYS TO REGISTER PHONE (Hanani) (Sharimah) (Sangeetha) FAX (DID) / (GEN) REGISTRATION FEE (The registration fee is inclusive of 6% GST ) The package that works for you hanani@ram.com.my sharimah@ram.com.my sangeetha@ram.com.my Investment to attend this seminar Name 3 Name 4 (Mr/Ms) (Mr/Ms) Send 1-2 delegate (s) Send 3-4 delegates Send 5 or more delegates RM 1, USD per delegate RM 1, USD per delegate RM 1, USD per delegate CFA Member RM 1, USD per delegate (As per registered with Royal Malaysian Customs ) Organisation Address Telephone Training Contact Detail Contact Person Office Address Telephone Cheque/Bank draft No. Bank Fax Amount CONFIRMATION REPLY SLIP for RAM use only (RTW/JAN/17) Attention to We would like to confirm the participation of personnel for this conference. Kindly foward the registration fee of RM before the conference. We regret that your nomination cannot be accepted as registration has been closed. PAYMENT DETAIL Please make crossed cheque/bank draft payable to: RAM Holdings Berhad. Please send to: Suite 20.01, Level 20, The Gardens South Tower, Mid Valley City, Lingkaran Syed Putra, Kuala Lumpur, Malaysia. Payment must be submitted before the conference to guarantee your attendance. The total registration fee should be net of all taxes, bank charges or any deductions of any kind under the law of the jurisdiction from which such payment is made. TERMS & CONDITIONS REGISTRATION FEES Fees include seminar materials, lunch and refreshments. HOTEL ACCOMMODATION Accommodation is not included in the seminar fee. Please contact Ms Hanani Hassan at or at hanani@ram.com.my for more information. CANCELLATION & TRANSFER POLICY Should a delegate be unable to attend, a substitute may attend in his/her place at no extra charge. Written cancellations received: - one (1) week before the event, a refund (less ad administrative charge of 50% will be made. - For no-show on the day of the seminar, no refund will be entertained. Cancelled unpaid registration will be also be liable for penalty payments. DISCLAMIER RAM Holdings Berhad reserves the right to change the programme, speaker date or venue or cancel any part of its published programme due to unforeseen circumstances. We reserve the right to refuse registration. DATA PROTECTION RAM collects your personal information when you register for this Course. This will enable us to enhance our services and ensure that you are kept informed of our new products and services. In addition, RAM may monitor the use of our website, including the brochures downloaded, information you post and actions taken thereof. We trust that you consent to have RAM process your personal information. If you do not consent to the above, kindly contact us at the following contact details: SIDC CPE ACCREDITED 10 CPE POINTS Attn : Personal Data Protection, RAM Holdings Berhad Tel : Fax : : ram_pdpa@ram.com.my