--(BUSINESS WIRE)--The International Swaps and Derivatives Association, Inc. (ISDA) is holding its 24th Annual General Meeting, 'Managing Risks and Promoting Financial Stability Through the Use of Derivatives', in Beijing, April 22-23, 2009. ISDA’s AGM is the preeminent annual event of the derivatives and risk management industry.
PLEASE NOTE: All journalists traveling from outside China must obtain a visa before entering the country. Please contact your local consulate for information on applying for a visa and the requirements. Some countries require a Letter of Invitation from the host in China for your visa application.
WHY: ISDA’s decision to have this year’s AGM in Beijing reflects the growing importance of China and neighboring countries in Asia to the world’s financial markets, as well as the dramatic growth of the privately negotiated derivatives business in the region. In addition to the global focus, ISDA’s AGM will address current economic and business issues in the region. AGM 2009 will examine what, if any, has been the role of CDS in the financial crisis. How has the CDS market performed in light of world financial market volatility? How is risk management keeping pace? These are just some of the questions that will be addressed at this year’s ISDA AGM.
WHO: AGM 2009 will feature leading industry executives and public policy makers, including:
-- Zhou Xiaochuan, Governor, The People's Bank of China
-- Robert E. Diamond Jr., President, Barclays PLC
-- Liu Mingkang, Chairman, China Banking Regulatory Commission
WHAT: Key topics will include:
-- Regional Perspectives on Asia’s Financial Markets and Derivatives Activity
-- Global Public Policy Issues
-- Current Perspectives on the Credit Default Swaps Industry
-- Global Derivatives Business Issues
-- Counterparty Risk Management and Financial Stability
-- Optimizing the Derivatives Industry’s Infrastructure
AGM 2009 will also include specialist sessions on the following:
-- Documentation and Legal matters
-- Operations & Collateral
-- Risk Management
-- Central Counterparties
-- Developments in China
WHEN:
April 22 – 23, 2009
WHERE:
China World Hotel, No. 1 Jianguomenwai Avenue, Beijing 10004, China
Telephone: +86 10 6505 2266, Fax: +86 10 6505 4323
ISDA, which represents participants in the privately negotiated derivatives industry, is among the world’s largest global financial trade associations as measured by number of member firms. ISDA was chartered in 1985, and today has over 800 member institutions from 56 countries on six continents. These members include most of the world’s major institutions that deal in privately negotiated derivatives, as well as many of the businesses, governmental entities and other end users that rely on over-the-counter derivatives to manage efficiently the financial market risks inherent in their core economic activities.
Information about ISDA, including the Annual General Meeting agenda, is available on the Association’s website www.isda.org.
Members of the media planning on attending this invitation-only event, please RSVP to: Lauren Dobbs, Kennedy & Company, 914-961-2436, ext. 15, or lauren@kennedycom.com.
Contacts
Kennedy & Company
Lauren Dobbs, 914-961-2436, ext. 15
lauren@kennedycom.com.