‘EMIR’ (the European Market Infrastructure Regulation) is the central pillar of a wide-ranging programme of regulatory reform for the derivate market, based on G20 commitments following the financial crisis of 2008. The regulation is aimed specifically at increasing transparency and reducing counterparty default risk in the OTC derivative market.
The MiFID II directive introduces a range of measures, which seek to address consequences of MiFID I, and issues raised by the financial crisis, such as making financial markets more efficient, resilient and transparent, improving investor protection. This revision will have a significant impact on both business strategy and operational processes implemented by firms.
- Specific and exceptional educational insights combining modern theories and practical examples
- Workshop using advanced international experience and knowledge of high-level expert
- Special materials and templates for future use by the participants in their work
Who Should Attend:
The MasterClass will be beneficial for the financial industry professionals from:
- Banks and institutional investment companies: pension funds, mutual funds, hedge funds, insurance companies, in particular for:
- Asset managers, in the role of: traders, portfolio managers, sales managers, middle-office personnel, operations (back-office) personnel including those from derivative trade processing/derivative collateral management/reconciliation/static data, compliance, risk management, legal
- Central securities depositories or custodian organisations
- Central counterparties and trade repositories
- Management consulting firms
- Software companies (business analysts and programmers)
By the end of the MasterClass, the participants will understand
• The OTC derivatives market
• The EMIR directive and its impacts on the operational treatment
• The operational impacts on eligible and non eligible products for clearing
• The MIFID 2 directive
• The operational impacts of the directive for the banks, brokers and asset managers
Fabrice Zamboni graduated from Telecom Paritech with a diploma in engineering in 1995 and from the University of Paris VI with a DEA (Msc) in Probability in Finance in 1997.
Fabrice Zamboni started his professional career in 1997 as structurer on the fixed income structured product desk and then worked as head of equity derivatives at Natexis Banques Populaires from 1999. From 2002 to 2006 he joined BNP Paribas as a equity derivatives trader at Fortis Bank then as head of financial engineering and new products at BNP Paribas Insurance (Cardiff).
From 2006 to 2012 he joined Olympia Capital Group as head of product development and from 2009 as Chief Operating Officer.
From 2012 until 2017 he was working as multi manager at Caisse des Depots in Paris. In parallel he has been teaching at the University of Paris Dauphine and the ESG school and has also delivered many financial trainings at FZA Consulting on financial instruments and regulatory environment since 2012.