“Basel III and Beyond” and “Super after Cooper” Panels

ACFS Panels
part of the La Trobe University 2nd Finance and Corporate Governance Conference

Friday 29 April, 2011
RACV Club, 501 Bourke Street Melbourne

Proudly sponsored by:  Ernst & Young

Session 1 – Basel III and Beyond (2 – 3.30pm)

The Basel III regulatory reforms will have significant impact upon banks and the financial sector more generally.  They include: more, and better quality, capital; new liquidity requirements; and changes to the risk weights applied to various assets and bank activities.

• How much will these changes increase the cost of bank intermediation?
• Will they create opportunities for regulatory arbitrage and lead to growth of  ”shadow banking”?
• How well will the “Australian solution” to a shortage of government debt to meet forthcoming liquidity requirements (involving fee-based liquidity facilities at the Reserve Bank) work?
• How will the impact on Australian banks compare with that overseas?

Basel III is a framework of microprudential and macroprudential rules intended to reduce the moral hazard risk from systemically important financial institutions (SIFIs).

While APRA won important concessions for Australian banks to liquidity rules, Australian banks nevertheless will be impacted. These are among the questions which the panel will address.

Panellists:

• Wayne Byres, Executive General Manager, Diversified Institutions Division, APRA  Presentation
• Nick de Crespigny, Head of Group Capital & Funding, National Australia Bank
• Tim Coyne, Partner, Financial Services – Oceania Banking and Capital Markets Sector Leader, Ernst &Young

Chair: Professor Kevin Davis, Research Director, Australian Centre for Financial Studies

This session would suit: Senior bank executives, capital and liquidity managers for banks, investment and credit analysts, banking and risk consultants, regulators, and finance academics

Session 2 – Super after Cooper (4 – 5.30pm)

The superannuation industry’s focus is now on the implementation of the Federal Government’s Stronger Super.

• How will Australia’s reforms compare with overseas best practice?
• Will there be cost savings, and will fund members benefit from them?
• Is the industry gearing itself for a lower return investment environment?
• Will greater competition and new requirements for self-managed super funds slow the rapid growth of the SMSF sector?

Panellists:

• Fiona Reynolds, CEO, AIST Presentation
• Peter Fry, Chair, SPAA Presentation
• David Knox, Senior Partner, Mercer Presentation
• Josef Pilger, Executive Director, Financial Services, Ernst & Young Presentation

Chair: Prof Deborah Ralston, Director, Australian Centre for Financial Studies

This sessions would suit: Trustees and senior fund executives, asset consultants, policy-makers, regulators and finance academics.

Registration: (incl gst) per person

Registration Closing date: Monday 25th April 2011

Contact:

Joyce Teo info@australiancentre.com.au

T: +61 3 9666 1050

F: +61 3 9666 1099

About ACFS: The Australian Centre for Financial Studies (ACFS) facilitates industry-relevant and rigorous research and consulting, thought leadership and independent commentary. Drawing on expertise from academia, industry and government, the Centre promotes excellence in financial services. The Centre specialises in leading edge finance and investment research, aiming to boost the global credentials of Australia’s finance industry, bridge the gap between research and industry, and support Melbourne as an international centre for finance practice, research and education. www.australiancentre.com.au