8:15 AM
Registration and Continental Breakfast
8:45 AM
Introduction and Welcoming Remarks
9:00 AM
The Ontario Securities Commission’s New Whistleblower Program
The following will be covered in this session:
An overview of the key elements of the OSC’s whistleblower program, including eligibility, financial incentive and whistleblower protections
Market participant preparedness: fostering a culture of compliance and encouraging internal reporting
9:15 AM
SEC Trade Reporting Update
This session will provide an overview of the final SEC trade reporting rules, including a summary of the requirements and an explanation of those responsible for them, the timeline to compliance, and cross-border requirements. The session will also include a discussion of associated implementation and compliance challenges and the initiatives and solutions to address them.
10:15 AM
Morning Break
10:30 AM
Margin Requirements for Uncleared Swaps
This session will provide an overview of the OSFI margin rules and comparison to the US, EU, and CSA rules. Topics will include:
Entities subject to the rules
Application to domestic and cross-border counterparty pairings, including branches
Substituted compliance
Portfolio size thresholds and phase-in of requirements
Key requirements of the rules
11:45 AM
ISDA Self-Disclosure Template
This session will examine the information parties will need to request from each other in order to determine which rules will apply, how the self-disclosure letter will facilitate exchange of that information, and specific module required for Canadian counterparties. Topics will include:
Determining which rules will apply
Use of ISDA Amend to request and complete the letter electronically
12:30 PM
Luncheon
1:45 PM
ISDA 2016 Variation Margin CSAs and New Collateral Documentation Architecture
In 2016, ISDA published three new forms of Credit Support Annex to allow parties to document regulation-compliant terms for the exchange of variation margin. These documents also recognize the potential for a new documentation architecture involving multiple CSAs under a single Master Agreement. This session will examine this new structure and highlight the changes in the new Variation Margin CSAs from the CSAs that ISDA previously published
2:45 PM
ISDA 2016 Variation Margin Protocol
The broad application of the variation margin rules will require a large number of counterparty relationships to be redocumented to comply with the regulations. The ISDA 2016 Variation Margin Protocol leverages ISDA’s Protocol technology and the new 2016 Variation Margin CSAs to facilitate this repapering exercise. This session will explain how the Protocol will operate including:
Different methods for bring existing documentation into compliance with WGMR rules
Jurisdictions, agreements and transactions covered by the Protocol
How the Protocol will apply to different counterparty relations, using questionnaire matching
3:45 PM
Afternoon Break
4:00 PM
Using the ISDA 2016 Variation Margin Protocol
This session will focus on the Questionnaire to the Protocol, providing delegates with an understanding of:
The various decisions they will need to make in advance of using the Protocol
How to complete Questionnaire(s) to implement preferred approaches
How their Questionnaire(s) will impact with those of their counterparties to produce documentation outcomes under the Protocol
5:00 PM
Conference Concludes
Full details & booking: http://www2.isda.org/conferences/agenda/2016-isda-canada-conference-09-27-2016-toronto/
