FinanceMalta 10th Annual Conference 2017
Every year the annual FinanceMalta conference aims for new heights and new markets as it provides financial services practitioners and entities with the opportunity to network among peers and to keep updated with developments taking place in the financial services sector both locally and internationally.
The conference theme for 2017 is
‘Malta’s Financial Services Industry – Taking the Next Quantum Leap‘.
The conference will be chaired by Mr. Kenneth Farrugia, FinanceMalta Chairman, and will feature select local and international experts who will address delegates on contemporary and current topics affecting the financial services industry.
The conference will be moderated by Mr Michael Imeson, Senior Content Editor of FT Live.
“Sustaining Growth Through Innovation, Malta’s leading financial services event, 9th Annual Conference. High profile speakers, workshops and industry players analysing the latest developments affecting financial services industry. Great pleasure attending the Conference.”
- Francesco Maffia, FORUM Foreign Business Professionals Malta
“Well done for the FM Conference organisation.”
- Juanita Brockdorff, KPMG
“Thanks for the invitation to the Annual Conference, which I found very interesting, and well done for the professional organisation of the event.”
- Ivan Ebejer, European Commission Representation in Malta
“The conference was very good and very well attended.”
- John Borg Olivier, Citco (Malta) Limited
“Many thanks to the FinanceMalta team for the hard work you must have put in at the Annual Conference, I thought it was superbly organized and both the networking and conference events were thoroughly enjoyable.”
- Alex Denaro, Equinoxe
Click on the ‘More’ button below to expand the FinanceMalta 10th Annual Conference Programme & Agenda
Wednesday 17th May 2017
18:00 – 20:00 Pre-Conference Networking Reception
Venue: Blue Elephant, Portomaso
Thursday 18th May 2017
(The programme is subject to changes)
The conference is being moderated by Mr Michael Imeson – Senior Content Editor, FT Live
Registration (08:00 – 09:00)
09:00 Welcome Address
Speaker: Kenneth Farrugia – FinanceMalta Chairman
09:15 Malta – The New Frontier in Financial Services?
Speaker: Hon. Dr Emmanuel Mallia, Minister for Competitiveness and Digital, Maritime and Services Economy, Malta
09:25 Leveraging the Commonwealth’s Economic and Business Potential
Speaker: The Rt Hon Lord Marland of Odstock
Lord Marland will highlight emerging opportunities in the Commonwealth, the possibility of greater collaboration between Commonwealth financial centres, and reflect on Malta’s unique positioning as Chair-in-Office of the Commonwealth and President of the EU Council.
10:00 Keynote Speaker
Speaker: Hon. Dr Joseph Muscat, Prime Minister of Malta
10:10 The UK, Brexit and Malta: A Maltese SWOT Analysis
Speaker: Susan HayesCulleton, CFA, “The Positive Economist”
Now that Article 50 has been triggered, the formal Brexit process is underway. There are a plethora of matters that need to be considered across a range of complex business, sectoral and relationship issues. International economist Susan HayesCulleton will take us on a fascinating, whistlestop tour of the strengths, weaknesses, opportunities and threats of the unique relationship that Malta has with the UK, Europe and the world.
11:10 The Potential of the Blockchain – Unexpected Lessons from a Distant Past
Speaker: Steve Tendon – Managing Director, TameFlow Consulting
The Blockchain is an amazing innovation that will have an enormous impact on the global economy, and across all industries. The Blockchain has the power to create innovation, wealth and prosperity on an unprecedented scale. Rather than explaining that potential from a difficult-to-grasp technical perspective, this talk will explore some surprising historical parallels. It is through some historical reflections that we might actually comprehend the significance of the Blockchain, and recognize the immense opportunities that it can unleash.
11:30 Panel session – How & why will the Blockchain fuel Global Economic growth in the next 20-30 years? What are the Blockchain opportunities for Malta with, and beyond, Fintech?
The Blockchain is naturally associated with Fintech applications, which are starting to appear even in the Maltese startup scene. Fintech startups, and in particular those based on Blockchain technologies, have the potential of disrupting and disintermediating existing businesses in the financial services space, while at the same time fueling a new high economic growth sector. More generally, the Blockchain has applications across all industries, with similar capabilities of disrupting and disintermediating incumbents. Who are the players, winners, and losers of this evolving competitive landscape? How can Malta, as a nation, take best advantage of these disrupting trends?
Steve Tendon – Managing Director, TameFlow Consulting
Aylon Morley – Tech Director, Wentworth Hall SFO
Dr Abdalla Kablan – Founder, Hippo Data & CEO, SIXCAP
Henry Kuang – EY Blockchain Team Lead
Dr Leonard Bonello – Senior Associate, GANADO Advocates
12:25 The Resurgence of Securitisation?
Speaker: Janet Oram – Head of European ABS, BlackRock
Although the recent financial crisis manifested itself primarily as a result of the securitisation of U.S. sub-prime mortgage loans, global regulatory reforms and concerns surrounding the risks involved in the securitisation process have resulted in a slow-down of the market across the board, including the EU securitisation markets which remain significantly impaired. ‘New’ legislative proposals to establish a framework for simple, transparent and standardised (STS) securitisation form one of the key pillars of the European Commission’s Capital Markets Union (CMU) action plan, the fundamental aim of which is to improve the financing of the wider EU economy by reviving the securitisation market. Many have questioned the ultimate effectiveness of the proposals and pointed out that unintended consequences could be damaging to the market. In addition, certain proposals put forward by the European Parliament, including amendments to the risk retention rules, could move the impact of the Regulation even further from the intended aims of the CMU.
12:40 Panel session – Opportunities for Malta in the Changing Regulatory Landscape
The STS proposals are presently going through the final leg of the EU legislative process, with intensive negotiations underway between EU Council and the European Parliament to reach agreement on the final text. With a compromise package expected to be concluded by the end of the Maltese EU Council Presidency in June and the new regulation set to come into force in 2018, how will this affect Malta’s position as a jurisdiction of choice for the establishment of special purpose vehicles for securitisation transactions? What does Malta’s much vaunted Securitisation framework have to offer in the current securitisation climate?
Nicholas Curmi – Senior Associate, GANADO Advocates (Moderator)
Janet Oram – Director, Head of European ABS, BlackRock
Jeremy Leach – Managing Director, Managing Partners Group (MPG)
Joseph Portelli – Chairman, Malta Stock Exchange
14:30 – 15:30 Workshops: choose your preferred workshop
Workshop A – PENSION SCHEMES – A CHANGING SCENARIO
Sponsored by Curmi & Partners
Keynote Speaker: Justin Caffrey – Harbour Pensions
Moderator: Dr Matthew Brincat – GANADO Advocates / MARSP
Karl Micallef – Curmi & Partners Ltd.
Bethell Codrington – MARSP
John Muscat Drago – PwC Malta
Justin Caffrey – Harbour Pensions
Workshop B – CREATING AN ENVIRONMENT FOR ENTREPREUNERS THROUGH CROWDFUNDING, PRIVATE EQUITY AND VENTURE CAPITAL BUSINESSES
Sponsored by Active Services Malta
Keynote Speaker: Mikko Puhakko – Ariadne Capital
Moderator: Mikko Puhakko – Ariadne Capital
Brian Horsepool – Active Group Ltd.
Beata Young – HanzaTrade
Deborah Webster – AMANI
Brigitte Baumann – Go Beyond
Workshop C – MALTA’S FINTECH STRATEGY
Sponsored by Ascent Software
Keynote Speaker: Dr Abdalla Kablan – Hippo Data and SIXCAP
Moderator: Colin German – Chetcuti Cauchi Advocates
Simon Azzopardi – Silicon Valletta
Joseph Sultana – Ascent Software
Dr Abdalla Kablan – Hippo Data and SIXCAP
Dr Antonio Ghio – Fenech & Fenech Advocates
Matthew Caruana – ZAAR Malta
15:50 Business Operations and the 4th European Union AML Directive – Panel Discussion
Introduction and Moderator: Juanita Bencini – President, Institute of Financial Services Practitioners
Alfred Zammit – Deputy Director, FIAU
Dr Manfred Galdes – Malta Institute of Accountants, AML Committee Member
Ariane Azzopardi – Senior Manager, Alter Domus
16:30 Our Business is to stay in Business – Increasing the Odds of Successful Continuity and Malta’s Family Business Act – Panel Discussion
Moderator: Michael Imeson – Senior Content Editor, FT Live
Dr Nadine Lia – Regulator for Family Businesses
Sanjeet Bhavnani – Managing Director, SB Capital Partners Ltd
Aylon Morley – Tech Director, Wentworth Hall SFA
17:00 Motivational Speaker – Victory or Death
Speaker: Patrick L Young – Fintech Pioneer & Entrepreneur
Brexit, Fintech, regulatory upheaval in Europe and de-regulatory upheaval in the US alone amount to a vast clash of ecosystems and beliefs. The clear challenge is how to challenge fear, stripping away misconception to weave together opportunities which work for Malta. Fintech pioneer, Patrick L Young, the author of “Capital Market Revolution!” discusses his perspective on a world of volatility laced with opportunity as Malta prepares to make the next quantum leap.
17:20 Closing Address
Speaker: Hon. Prof Edward Scicluna – Minister for Finance
End of Conference
What does the FinanceMalta Annual Conference offer?
Have a glimpse into our 9th Annual Conference to see the benefits provided to financial services practitioners and entities; a unique opportunity to connect with developments taking place in the financial services sector worldwide in order to achieve a high level of excellence in their day-to-day work practices and methodologies.
The conference will be chaired by Mr. Kenneth Farrugia, Chairman of FinanceMalta and will include a number of selected local and international experts who will address the participants on current everyday topics affecting the financial services industry.
The FinanceMalta 10th Annual Conference is being sponsored by the following organisations.
We invite all delegates and guests to visit their stand at the conference.
Managing Partners Group (MPG) is a multi-faceted investment house that specialises in managing alternative asset classes for institutions and sophisticated investors and is a market leader in structuring and managing mutual funds and securitisation vehicles.
MPG manages a wide range of financial products that principally invest in property, life settlements, absolute return and hedge fund asset classes. The group has offices in Malta, Spain, Switzerland and the United Kingdom and is recognised by the Cayman Islands Monetary Authority as an asset manager where it manages a number of collective investment schemes and regulated mutual funds, and in Switzerland as a Regulated Asset Management Company, where its specialist team focus on intuitional investment advice and discretionary management.
MPG currently manages funds with a gross value of $500m and two notified securitisation cell companies mandated to undertake over €500m of issuance in 2017. Underlying issuers range from fintech businesses in marketplace lending, alternative energy and commercial real estate portfolios.
VacancyCentre (operated by CSB Group) is a specialist recruitment agency that is committed to working very closely with candidates and local companies alike. Through a careful process of evaluation, we provide candidates with exceptionally relevant opportunities, taking time to match their career aspirations to some of the best opportunities in Malta. VacancyCentre has an extensive network of talented candidates with expertise within the Financial, Legal & Compliance, Gaming & IT, Sales & Marketing and Administration sectors, within which we have a very successful track record of delivering good talent to clients.
Bank of Valletta, the leading financial services provider in Malta, offers the full spectrum of financial services, including investment banking, fund management, bancassurance and stockbroking. Through a strategic alliance, the Bank offers eTrader+ powered by Saxo, giving frequent traders to trade across international markets directly from any electronic device. The Bank serves its clients via an extensive network of branches, an International Corporate Centre and Business Centres that cater for its business clients, as well as a Wealth Management arm and six regional Investment Centres.
The BOV Group is uniquely positioned to provide asset management clients with a one-stop shop holistic service. BOV Asset Management focuses on the local market, while BOV Fund Services is oriented towards international customers.
Representative Offices in Brussels, Milan and Melbourne liaise with clients interested in growing their business in these countries. BOV issues bank cards under the VISA and MasterCard brands and distributes American Express cards. The Bank’s electronic channels combine security and intuitivity in one seamless solution.
Always customer-driven, Bank of Valletta attributes significant importance to the service experience of its customers. The Bank’s strategy remains anchored around the needs of its various customer segments and in the process, evolves its suite of products and services to ensure that they address the changing requirements of its customer base.
Swissquote Group Holding Ltd is the Swiss leader in online banking and listed on the SIX Swiss Exchange (SQN) since May 2000.
Swissquote offers a broad range of financial products and services to private clients, independent asset managers, corporate and institutional clients. Through its online trading platform Swissquote is able to link clients to over 60 stock markets in over 40 countries, including off-exchange trading in derivative products.
Established in 2012, Swissquote Financial Services (Malta) Ltd holds a Category 4A licence and specializes in the provision of Fund Custody and Depository Services to AIFs, NAIFs, UCITSs, PIFs, as well as offshore structures, covering a diverse range of asset classes (traditional Instruments, FX, Derivatives, Private Equity, Real Estate, Loan Funds, etc).
Through its collaboration with Swissquote Bank Ltd, as sub-custodian, and its Top-Tier Global Custody Network (Deutsche Bank, UBS, Euroclear), Swissquote Financial Services (Malta) Ltd is positioned to offer Managers and their fund structures with global market reach, Swiss banking services, online trading facilities and depositary services – a unique value proposition.
Swissquote is headquartered in Gland (Switzerland) with offices in Zürich, Bern, Dubai, Hong Kong, London and Malta. The Group employs in excess of 600 professionals and holds CHF 18 Billion in Assets Under Custody.
Linedata is a global solutions provider, dedicated to the investment management and credit community, with close to 1250 employees in 20 offices across the globe. Linedata has been at the service of the financial industry from day one, and applies its market and client insight to provide innovative and flexible mission-critical software and services that help its clients grow in over 50 countries. As a pioneer for over 15 years with the set-up of SaaS infrastructure for the financial industry, Linedata remains committed to this model throughout the global financial community and for its full range of products. Headquartered in France, Linedata achieved revenues of EUR 166.8 million in 2016. Linedata is listed on Euronext Paris compartment B FR0004156297-LIN – Reuters LDSV.LN – Bloomberg LIN:FP.
Kane LPI Solutions (Malta) Ltd
Kane LPI Solutions is an independent provider of fund administration solutions delivering full spectrum fund services to offshore and domestic hedge fund, and investment fund sectors. We offer administrative services for a range of fund structures, including hedge funds, fund-of-funds and Insurance-Linked Securities funds. Solutions are provided based on a flexible, cost-effective, scalable model which ensures we can accommodate all levels of administration requirements. Our fund administration services: Portfolio accounting and net asset valuation services; Regulatory and structuring services; Registrar and shareholder services; Tax information services; Financial statement preparation. Our range of customizable fund solutions are supported by a proprietary fund accounting and investor reporting platform. A web-enabled, secure data management system, IMS NAV supports a range of products and enables high-speed tracking of all transactions.
Trident Trust Company (Malta) Ltd
Established almost 40 years ago, Trident Trust is a leading independent corporate, fiduciary and fund administrator, employing nearly 800 staff across a global footprint that spans Africa, the Americas, Asia, the Caribbean, Europe and the Middle East. We focus exclusively on the administration of trusts, foundations, corporate entities and alternative investment funds. Our services are used by lawyers and accountants, asset managers, financial institutions, family offices and international businesses who rely on our worldwide presence, local knowledge and our commitment to responsiveness, reliability, attention to detail and a personal service. Contact us to discover how our global reach, experienced professional personnel tailored services and on-the-ground presence in Malta can make a difference to your business.
Fenech & Fenech Advocates
Established in 1891, Fenech & Fenech Advocates is a leading full service law firm providing value-driven, tailored legal services across all practice areas, including corporate and commercial law, M&A transactions, financial services, tax, immigration, trusts and foundations, aviation, intellectual property, ICT, maritime law and marine litigation, yachting, employment and environmental law. The Fenlex group, the firm’s trust and corporate services provider, is a leader in its field, offering the full range of services relative to companies, trusts and foundations, including accountancy, tax and VAT compliance. The firm’s Financial Services Department handles a wide range of matters, including asset management, licensing and regulatory issues and provides a full service offering to clients with the support of other departments, such as the firm’s Tax Department.
Camilleri Preziosi Advocates
A leading Maltese law firm with a commitment to deliver an efficient service to clients by combining technical excellence with a solution-driven approach to the practice of law. Camilleri Preziosi is a specialised practice, advising on domestic and international transactions with a focus on corporate and commercial law, and the financial services sector. The firm provides both transactional and regulatory advice and assistance to clients. We take a multi-disciplinary approach to our practice and all our lawyers advise across a broad range of areas, which enables us to give practical and effective advice to clients.
Konnekt Search & Selection
KONNEKT is Malta’s leading professional Recruitment Agency, housing a team of 30+ driven professionals who provide a top-notch service to clients and candidates alike. KONNEKT has a specialist Finance & Legal Team providing recruitment services for the relevant industries. The team is made up of experienced professionals with backgrounds in law, accounting, banking and recruitment. Through our extensive experience in recruitment, KONNEKT has developed a strong methodology for identifying and selecting outstanding talent in order to ensure a long-lasting and rewarding relationship between the company and the ideal candidate. Moreover, our work ethic has earned us the trust of a wide network of close to 50,000 candidates who are looking to start or progress in their careers.
Elmo Insurance Ltd.
Elmo Insurance will continue to build upon its sound heritage of financial strength, quality reinsurance and reputation in both the local and global market by providing the right insurance products to individual and business customers. We shall strive to offer our customers a personalised service through the commitment of our experienced and qualified members of staff and to deliver profitable growth to meet the expectation of the shareholders and staff.
Kroll is the leading global provider of risk solutions. For more than 40 years, Kroll has helped clients make confident risk management decisions about people, assets, operations and security through a wide range of investigations, cyber security, due diligence and compliance, physical and operational security and data and information management services. Kroll serves a global clientele of law firms, financial institutions, corporations, non-profit institutions, government agencies and individuals.
Pendergardens is a self-contained mixed-use development covering an area of 18,500m2 in St Julian’s close to the busy shopping and entertainment areas of Malta.
Once completed the development will consist of 273 residential apartments, a multi-storey car park, over 5,500m2 of office space, retail outlets, fitness centre, pool and supermarket.
The final phase launching in May 2017 will include 5,500m2 of office space for lease and 30 high-end apartments boasting far-reaching town, sea and country views for sale.
Pre-Conference Networking Event Sponsors
Castille is the Specialist Recruitment Agency for Tech, Legal, Finance & Accountancy Jobs in Malta. Years of specialisation have given Castille the possibility to work with leading local and international businesses in Malta. We work hard to gain a unique insight into our professional network and provide our client businesses with recommended talent. This is based on our expert knowledge in our specialist disciplines and on our experience with the businesses and industries we service. Our current areas of expertise are Executive Search, Audit, Tax & Advisory, Accountancy, Legal & Compliance, Financial Services, Tech and Digital Media & Marketing.
Lunch & Networking Breaks Sponsor
REED is the world’s biggest family run specialist provider of recruitment solutions, assisting jobseekers and employers for over 55 years. The biggest European database of 11 million jobseekers enables us to help the world Love Mondays. In Malta we specialise in: Financial Services, Accountancy & Finance, iGaming, Technology, and Business Support.
- Avanzia Taxand is Taxand Malta and provides a comprehensive range of tax advisory and tax compliance services as well as a variety of specialist corporate services to its extensive array of international clients. Named ‘Malta Tax Firm of the Year’ by the International Tax Review in 2009, 2013 and 2016.
- South Risk Partners Ltd is an insurance Group providing three areas of specialised services – namely insurance advisory, insurance management and insurance broking for financial institutions and professions. Our unique blend of expertise and access to international insurance markets means we can provide tailor made advice and solutions to our clients, making us a reliable partner for any insurance related requirement.
- Argentarius ETI Management Ltd, headquartered in Malta, is a leading specialist in securitisation, providing alternative investment solutions to the professional investor in Europe. Our ETIs solve structural and regulatory challenges regularly faced by fund managers, enabling investors to gain access to the performance and risk of the underlying alternative investments.
- At iMovo we specialise in Customer Experience Management (CEM), using Business Intelligence (BI), Big Data Analytics & Customer Relationship Management (CRM). Blending some of the most innovative technology solutions in the market with a formal advisory approach, we enable organisations to build long-term value relationships with their customers resulting in consistent & profitable growth.
- DAIS PERSONA is as a multi-function customer acceptance and regulatory compliance tool, for KYC and customer due diligence processes needed to satisfy AML/CFT regulations. Customer on-boarding; spot checks and on-going monitoring through screening of international watch-lists; customer risk profiling; validation reporting; relationships visualisation and on-line document management.
- Vodafone Malta Ltd makes you a Ready Business by confidently connecting your telecommunication needs across the globe through our converged fixed data and voice solutions. In an increasingly connected world, reliable International Connectivity from your office or our PCI-DSS Data Centres empowers your business to be ready for today and tomorrow’s global challenges.
- Agilis IT Business Solutions is a software house providing solutions within the Financial Services Industry. Our Specialist knowledge of the industry allows us to provide tailor made solutions, as well as offering a number of products from our own portfolio. We consult and build solutions to client’s specifications within the blockchain / fintech sector.
- Established in 1997, Citadel Insurance is a composite company authorised by the MFSA to transact general and life insurance. Citadel offers a wide range of products for business, motor, home, marine, travel, health and life insurance. Bespoke packages are available for SMEs and large corporations ranging from group life, group health, engineering, professional indemnity, liability, property insurance and more.