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China’s Capital Markets: Navigating the Road Ahead [Complete] Event Code: 170605LU
Date 05-Jun-2017
Time 12:15 p.m. - 1:30 p.m.
Venue 14/F, BOC Group Life Assurance Tower, 136 Des Voeux Road Central, Hong Kong
Speaker(s) Mr. Mark Austen
CEO
Asia Securities Industry & Financial Markets Association (ASIFMA)
Fee HKSFA Member(s) at HK$150.0/person
CFA Candidate(s) at HK$230.0/person
Guest(s) and Non-member(s) at HK$300.0/person
This seminar is qualified for 1 CPT hour(s), 1 CE hour(s), 1 RBV CPD hour(s)
Remarks - CFA Candidate(s) for Year 2017/18 only.
- Sandwiches and drinks will be provided.
- Only Visa and Master Card are accepted for online payment.
- Language: English



HKSFA has participated in the CFA Societies Global Passport Program which allows CFA society members to enjoy local society member rate at selected events like this Seminar.  If you are members of other CFA socieites and interested in joining this event, please contact HKSFA at info@hksfa.org.

Event Details
At the luncheon, the speaker, Mr. Mark Austen, CEO of Asia Securities Industry & Financial Markets Association (ASIFMA) will explore with the audience on their new report, "China’s Capital Markets:  Navigating the Road Ahead":

·        China’s capital markets have developed at a pace with few parallels in history. In some sectors, such as digital payments, China now leads the world.  China has certainly made impressive strides and its markets continue to transform and adapt to its growing economy and populace - in fact it is now the world’s third largest bond market.  To this point, some important recent developments include CIBM, registration system for QFII and RQFII, Shenzhen-Hong Kong Stock Connect, an ongoing upgrade to CFETS and  of course the announcement by Premier Li about Bond Connect being launched this year.

·        ASIFMA’s recently-launched report “China’s Capital Markets:  Navigating the Road Ahead” is very timely : as China faces slowing growth and the challenge of attracting foreign investors, this paper identifies the issues, policies, or capital market structures which can be improved to sustain China’s continued economic growth as it transitions from an export driven economy to a consumption led one.

·        However, although there has been considerable progress made, there is still much to be done in terms of the growth of China’s capital developments. ASIFMA’s new report is effectively the first of its kind that provides a compressed yet comprehensive analysis of China's capital markets across major asset classes - equities, fixed income and FX, essentially a cross-section of the global financial industry - and recommendations on how to further develop them.  

·        The report represents the collective views of ASIFMA’s 100 plus members and forms an important part of ASIFMA's ongoing collaborative efforts to provide Chinese regulators - and the broader financial community – insights on how China can shape its capital markets to fit the needs of a changing economy.



About the Speaker


 

Mr. Mark Austen
CEO
Asia Securities Industry & Financial Markets Association (ASIFMA)

 
Mr. Mark Austen is the Chief Executive Officer of the Asia Securities Industry & Financial Markets Association (ASIFMA).  Since joining ASIFMA in 2012, he has led the expansion of the association to encompass Equities, Compliance, Post-Trade and Asset Management in addition to its original division for Fixed Income, and its membership has grown to over 80 firms.  

Mark is also the CEO of the Global Financial Markets Association (GFMA), which represents the common interests of the world's leading financial and capital market participants, and speaks for the industry on the most important global market issues.  GFMA brings together three of the world's leading financial trade associations to address the increasingly important global regulatory agenda and to promote coordinated advocacy efforts. GFMA comprises ASIFMA based in Hong Kong, The Association for Financial Markets in Europe (AFME) in London and Brussels and the Securities Industry and Financial Markets Association (SIFMA) in New York and Washington.

Mark’s key objectives at ASIFMA are to expand its product divisions, continue to build a broad membership base and further strengthen its ability to act as a collective voice for the industry. 

Mark was formerly with AFME as Chief Operating Officer. Previously, he was AFME’s head of the Capital Markets Division and served as its Acting Chief Executive from December 2009 to September 2010. Mark helped facilitate the successful merger of the London Investment Bankers Association and SIFMA Europe to create AFME in November 2009 and steered the newly formed association through its first year of operation. Mark joined AFME (then called The Bond Market Association or TBMA) in 2005 to head up the European Primary Dealers Association (EPDA), which addressed issues of specific interest to government bond markets. He was instrumental in the formation of the Global Rates Division, the Credit Division, and the Covered Bond Division, and also managed the negotiation and integration of the European Securities Forum (ESF), which became the Post Trade Division, into what was then known as SIFMA Europe. More recently, Mark was the driving force behind the establishment of the Global FX Division and the creation of the AFME Equities Board. In addition to his other duties at AFME, he headed up the Advocacy Division and held overall responsibility for AFME’s financial matters and membership.

Prior to joining AFME, Mark worked for MTS Group, the European trading platform for fixed income securities, where he was head of Legal and Compliance. Before his work at MTS, Mark spent three years as head of an international environmental web portal.

Mark has stepped down from his positions on the board of the International Council of Securities Associations (ICSA), the European Capital Markets Institute (ECMI) at the Centre of European Policy Studies (CEPS), and the Advisory Board of Quorum 15 in order to concentrate fully on his work at ASIFMA. He was a member of the Ontario Bar and holds an LL.M. from the London School of Economics and an LL.B. from Osgoode Law School in Toronto.



Rating - General
(Material presented will be basic and of interest to a general audience having no background in the area.) 


Language: English