IMAS 7th Regulatory/Legal Roundup Forum

IMAS 7th Regulatory/Legal Roundup Forum

28 May 2021 (Fri) | 2.30pm - 5.00pm (SGT)


Synopsis:

With the multitude of regulatory changes in the investment management industry across the globe, it is imperative that compliance and legal professionals stay up-to-date with the latest developments.  At this Forum, we will review significant regulatory changes, discuss regulatory trends that are currently taking shape internationally and how they will influence the regulatory landscape. In addition, we will showcase RegTech solutions to raise industry’s awareness of technology available that could assist compliance and legal professionals to track regulatory changes globally and to meet regulatory requirements under the Individual Accountability and Conduct regime.

Speakers:

Mr Tan Keng Heng is currently Executive Director & Head of Capital Markets Intermediaries Department II at the Monetary Authority of Singapore (“MAS”), which is tasked with the admission and supervision of fund managers and REIT managers, and also houses the Conduct Surveillance and Analytics Division that supports the use of business and data analytics in the conduct supervision of capital markets intermediaries.

Prior to this appointment, Keng Heng served as the Alternate Executive Director of the South-East Asia Voting Group at the IMF between 2018 and 2020.

Keng Heng has served in various functions in MAS, with more than 20 years of experience in financial supervision, prudential policy formulation and implementation. From 2014 to 2018, he headed Banking Department II that oversaw foreign banks and finance companies in Singapore. Between 2012 and 2014, he headed the Prudential Advisory Division that supported MAS’ participation in the Financial Stability Board and the Basel Committee of Banking Supervision. In that role, Keng Heng was also responsible for the formulation and review of prudential policies for the financial sector in areas such as the implementation of the Basel III capital standards in Singapore.

From 2009 to 2012, Keng Heng was seconded to the Bank for International Settlements as a Member of Secretariat with the Basel Committee on Banking Supervision. The three-year stint provided a ringside view of the international efforts to strengthen financial regulation and supervision following the global financial crisis. He was heavily involved in the Core Principles Group that updated the 2006 Core Principles for Effective Banking Supervision. He also supported various sub-groups under the Policy Development Group and the Supervision and Implementation Group, and served in the Basel Consultative Group, which is a forum for deepening the Committee’s engagement with senior banking supervisors around the world.

Keng Heng holds a Bachelor of Accountancy (First Class Honours) from the Nanyang Technological University of Singapore.

Jonathan is a partner in the Simmons & Simmons Financial Markets group in Singapore, specialising in structured finance and derivatives. Jonathan leads the buy-side derivatives practice in Asia. He advises asset managers (both hedge fund and institutional) on all aspects of their trading relationships with market counterparties and is the go-to prime brokerage lawyer for many of our Singapore and Hong Kong based fund manager clients. He also provides specialist advice in relation to financial regulation (including initial margin for uncleared derivatives). Jonathan has a particular interest in developing legaltech solutions and was a co-founder of the winning team in the Singapore leg of the Global Legal Hackathon 2019.

Grace has over a decade of experience in advising banks, asset managers and corporates on regulatory and fintech matters in Singapore and Hong Kong. A former in-house counsel at MAS, Grace regularly interacts with key regulators, is closely involved in regional regulatory reform initiatives and has led discussions with regulators on behalf of the financial services industry. She has extensive experience advising on cross-border and complex regulatory matters, including licensing and conduct of business requirements, regulatory investigations, and regulatory change. She also brings a strategic outlook from an in-house perspective having previously been a counsel in the Global Internal Investigations Group at the Hong Kong headquarters of HSBC. She speaks regularly at various conferences in the region, and her insights on regulatory matters have been published in various publications such as Forbes, Financial Times, Bloomberg Businessweek, Regulation Asia, Ignites and various other platforms.

Grace has a specialty interest and focus on fintech, ESG, and data privacy regulatory matters. She currently leads the ESG Working Group in AIMA and was involved in drafting an ESG Primer for Asset Managers in Asia. She also led AIMA’s responses to ESG related consultations across both HK and SG and has advised banks and asset managers on the extra-territorial impact of SFDR, licensing and documentation requirements for the launch of ESG products and policy, governance and documentation amendments for climate change related regulations.

Stephanie Magnus co-heads the Asia Pacific Financial Institutions Group and heads up the Financial Services Regulatory Practice Group in Singapore. Stephanie is ranked Band 1 for FinTech in Singapore by Chambers FinTech 2020. She is also ranked as a Leading Individual for Financial Services Regulatory: Local Firms in Singapore by Legal 500 Asia Pacific 2020. She is recognised as a leading lawyer for Banking & Finance: Regulatory in Singapore by Chambers Asia Pacific and Chambers Global 2020.

Stephanie was quoted in Chambers Asia Pacific for her "timely, practical and business-oriented" advice, with a "deep understanding of the regulatory regime." She is also recognised as "very business-savvy and brilliant every time," and is admired for her "very strong grasp of the legal issues from both a technical and practical perspective."

Julie has been operating in the FS market place since the late 1908’s. She has held many senior roles in regulated firms across Operations , Compliance, Sales, Learning & Development and Training & Competence. Her practical application, enthusiasm and detailed knowledge of both regulation and the financial services markets allows her to support businesses in meeting their regulatory requirements.

For part of her career Julie has provided regulatory and training support on a consultancy basis to businesses across the whole financial services spectrum. Specialising in FCA regulation with a focus on Conduct Risk, Training & Competence, Approved Persons Responsibilities, Culture, SM&CR and Behavioural Economics.

For the last 5 years Julie been part of the Worksmart team, working with firms to help them embed and manage regulatory initiatives around people and processes. For the last few years the clear focus has been around the Senior Managers & Certification Regime in the UK both for Worksmart clients and also as a guest lecturer for Trade Bodies in the UK such as The Investment Association, UK Finance, PIMFA and the FLA.

Emma is Business Development Manager at Worksmart and has been involved in some 30 SMCR and Training and Competence systems implementations. After spending a number of years as a Mortgage and Investment Adviser in her early career, for the past 20 years she has put her experience to use in understanding the challenges faced by Financial Services firms and providing solutions that deliver real business benefit.



Register now by clicking here.