MEET AT BANK OF NEW YORK MELLON (1 WALL STREET) FOR TOUR OF RED ROOM/MUSEUM (OPTIONAL)

10:30 A.M.

WALK FROM 1 WALL STREET TO 9/11 MEMORIAL FOR TOUR (OPTIONAL)

NOON

BOX LUNCH IN THE BENJAMIN STRONG ROOM – 33 LIBERTY STREET – 10TH FLOOR

1:00 P.M. – 1:05 P.M.

WELCOME
Joyce Hansen, Deputy General Counsel, Federal Reserve Bank of New York

1:05 P.M. – 1:30 P.M

[Commissioner Scott O’Malia,, Commodity Futures Trading Commission]

1:30 P.M. – 2:30 P.M.

REGULATORY REFORM UPDATES
 EU BANKING UNION UPDATE
 UK - BENCHMARKS
 JAPAN
 VOLCKER RULE [DEBRA STONE AND CATHERINE KUNG, FEDERAL RESERVE BANK OF NEW YORK]

2:30 P.M. – 3:00 P.M.

DISCUSSION

3:00 P.M. – 3:15 P.M.

COFFEE BREAK

3:15 P.M. – 4:15 P.M.

BANKING REFORM
 JAPANESE APPROACH
 UK BANKING REFORM – RING-FENCING
 UNITED STATES: THE FEDERAL RESERVE’S FINAL RULE REGARDING ENHANCED PRUDENTIAL STANDARDS FOR FOREIGN BANKING ORGANIZATIONS
[ROSANNE NOTARO, FEDERAL RESERVE BANK OF NEW YORK]
 BANKING PRUDENTIAL SUPERVISION (INCLUDING BASEL III)

4:15 P.M. – 4:45 P.M.

DISCUSSION

ARRIVAL, SECURITY CLEARANCE AND CONTINENTAL BREAKFAST

8:30 A.M.

The Federal Reserve Bank of New York recommends that you arrive early at the 33 Liberty Street entrance to allow for time to clear security. You will be directed to the Benjamin Strong conference room on the 10th floor.

8:30 A.M. – 8:45 A.M.

WELCOME AND INTRODUCTION
William Dudley, President, Federal Reserve Bank of New York

8:45 A.M. – 9:45 A.M.

DERIVATIVES
 EMIR: TRADE REPORTING/DEFINITION OF SPOT
 DODD-FRANK IMPLEMENTATION ISSUES: SEFS AND PRIME BROKERAGE - [JEFF LILLIEN, DB]
 CLEARING AND MARGIN RULES
 JAPANESE DERIVATIVES REFORM

9:45 A.M. – 10:15 A.M

DISCUSSION

10:15 A.M. – 10:30 A.M.

COFFEE BREAK

10:30 A.M. – 11:30 A.M.

RECOVERY AND RESOLUTION
 EU RECOVERY & RESOLUTION DIRECTIVE
 DODD-FRANK/FSB RESOLUTION PLANNING
[SHAWEI WANG, FEDERAL RESERVE BANK OF NEW YORK]
 JAPANESE RECOVERY AND RESOLUTION
 UK RECOVERY AND RESOLUTION

11:30 A.M. - NOON

DISCUSSION

NOON – 1:30 P.M.

LUNCH AND GOLD VAULT TOUR

1:30 P.M. – 2:30 P.M.

OTHER CURRENT ISSUES
 FSB PROPOSALS ON SHADOW BANKING
 BANK SECRECY
 SETTLEMENT FINALITY [VICTORIA CUMINGS, CLS]

2:30 P.M. – 3:00 P.M.

DISCUSSION

3:00 P.M. – 3:15 P.M.

COFFEE BREAK

3:15 P.M. – 4:15 P.M.

IN THE NEWS
 NEGATIVE INTEREST RATES
 BITCOIN
 HIGH-FREQUENCY TRADING
 [CHINA/RUSSIA]

4:15 P.M. – 4:45 P.M.

DISCUSSION

4:45 P.M. – 5:00 P.M.

CLOSING REMARKS
Joyce Hansen, Deputy General Counsel, Federal Reserve Bank of New York