FinanceMalta 11th Annual Conference 2018
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. This year’s finance conference and networking event will include sessions on business startups, GDPR, cyber security, MiFiD II & MiFiR, and more.
The business and finance conference will be chaired by Mr. Kenneth Farrugia, FinanceMalta Chairman, and will be moderated by Mr. Michael Imeson, The Banker.
This finance conference entitled Finance Without Frontiers will feature select local and international experts who will address delegates on contemporary and current topics affecting the financial services industry.
This is an excellent networking opportunity and educational conference that grows in numbers and prestige year after year.
Takes stock of current financial services industry and pans out what’s on the horizon – you can feel the pulse of the industry
Joyce Tabone - Bank of Valletta
I look forward to the 11th Conference and other top quality FinanceMalta Events in the meantime.
Excellent! All sessions were very informative. Very well planned and executed Conference.
Victoria Grima - Credorax
Good topics and speakers; thought provoking.
Malcolm Becker - Bentley Trust (Malta) Ltd
Very good work! A great conference as always!
Jean Philippe Chetcuti - Chetcuti Cauchi Advocates
Click on the ‘More’ button below to expand the FinanceMalta 11th Annual Conference Programme & Agenda
Wednesday 16th May 2018
18:00 – 20:00 Pre-Conference Networking Reception
Venue: Gazebo, Hilton Hotel, St Julians
Sponsored by Castille
Thursday 17th May 2018
Conference Chair: Michael Imeson – The Banker
Registration (08:00 – 08:45)
08:45 Welcome Address
Speaker: Kenneth Farrugia – FinanceMalta Chairman
09:00 Keynote Address
Speaker: Hon. Prime Minister, Dr Joseph Muscat
09:15 The Fintech Revolution: Europe’s role as a centre of digital innovation in financial services
Speaker: Helen Köpman – Deputy Head of Unit, Startups and Innovation, European Commission
09:35 Malta: a leader in DLT technology
Speaker: Hon. Silvio Schembri, Parliamentary Secretary responsible for Financial Services, Digital Economy and Innovation
09:50 Fintech Panel Session
Moderator: Abdalla Kablan – Fintech, AI, & Data Science Expert
Ian Gauci – Partner, GTG Advocates & Afilexion Alliance
Claudine Cassar – Leader, Deloitte Digital Malta
Sophia Bantanidis – EMEA Head of Regulatory & Market Strategy and Citi Accelerator Mentor
Tugce Ergul – CEO, AngelLabs
Sponsored by Boston Link
11:00 Cyber security: Executive Simulation of a Cyber Attack
New regulatory requirements like the NIS Directive require Finance executives to be ready to lead business recovery after a major breach.
This high-impact simulation gives delegates a taste of the commercial challenges that confront leaders during a major cyber attack. Delegates will experience the shock, speed and ambiguity of a significant breach. Live voting will highlight differences of opinion, for example about how to protect reputation and revenues during a crisis. Delegates will learn how to engage their colleagues on cyber security through simulations that bring home the value of data and the importance of new regulations.
Speaker: Kevin Duffey – Managing Director, Cyber Rescue Alliance
11:20 Bitcoin, Blockchain & Initial Coin Offerings: to be encouraged or suppressed?
Speaker: Christopher Buttigieg – Director, MFSA
Panel session –
Moderator: Christopher Buttigieg – Director, MFSA
Luke Scanlon – Legal Director Head of Fintech Propositions, Pinsent Masons
Steve Tendon – Director, ChainStrategies
Luka Müller-Studer – Partner and Co-founder of MME Legal | Tax | Compliance, Switzerland
Max Ganado – Senior Partner, GANADO Advocates
12:10 RegTech: Reshaping the Supervisor Market Participant Relationship
New technologies, Cloud based services, Crowdfunding, FinTech using AI and Neural Networks, Blockchain are rapidly changing the economics and landscape of regulated industries, including but not exclusively, banking and finance. New products, services, non-industry players, are radically changing the nature of the markets and the relationship between supervisors and market participants. Regulators have to adapt and innovate (along with the incumbents), avoiding regulatory barriers to new competitive and disruptive forces that promise greater financial inclusion and financial depth.
Main presentation: Nasser Saidi – President, Nasser Saidi & Associates
Moderator: Mike Wilson, Founder & CEO, ditto
Nasser Saidi – President, Nasser Saidi & Associates
Marianne Scicluna – Director General, MFSA
Subas Roy – Partner, Oliver Wyman Global; Chairman, International RegTech Association
13:00 The evolving and strengthened EU supervisory framework – Where are we going?
The post-financial crisis regulatory framework kick-started a move to a more elevated and centralized approach to oversight and supervision of the EU financial services sector, embracing increasingly all actors, markets and financial instruments. More Recent proposals may see the strengthening of the European Supervisory Authorities (ESA’s), with direct supervisory implications for CCPs, fund management, certain capital markets and trading.
In parallel, the Capital Markets Union initiative calls for more financial integration and a more integrated EU supervisory framework to ensure consistent supervision and uniform enforcement of the single rulebook, especially cross-border financial activities. But financial integration also raises the risks of contagion between Member States in the event of adverse shocks. The speaker will review the current proposals to strengthen the ESA’s, the rationale, and its interface with the ECB Single Supervisory Mechanism and the future role of the national competent authorities.
Speaker: David Doyle – EU Policy Advisor, Financial Services Regulation
Sponsored by Boston Link
14:30 – 15:30 Workshops: choose your preferred workshop A, B, C or D
Workshop A – The EU GDPR takes effect in May – do you have a roadmap for implementation?
The EU General Data Protection Regulation (GDPR) comes into effect on May 25, 2018 with significantly strengthened regulatory requirements and corresponding high penalties. This hands-on session will provide you with a high-level understanding of GDPR and will also provide you with a roadmap for implementation. You can also complete a snapshot readiness assessment during the session.
Sponsored by REED
Keynote Speaker: Matina Massa – Managing Partner, M2 – Business Frameworks Limited
Moderator: Antonio Ghio – Partner, Fenech & Fenech Advocates
Sharon M. Cilia Tortell – Group Risk & Controls Manager, REED Global
Gordon Micallef – Partner, RSM
Jackie Scerri Mallia – Director Legal Services, Equinox Legal
Claudio Caruana – Head of Legal, GIG
Workshop B – MiFid Accomplished?
In January this year MiFID II (Markets in Financial Instruments Directive) was introduced across the EU. The impact of this Directive has been significant and far-reaching, affecting the activities of investment banks, broker dealers, various asset managers, private wealth managers, and financial advisors on a broad range of fronts.
To what extent is it fair to say that MiFID II has strengthened investor protection and improved the functioning of financial markets making them more efficient, resilient and transparent?
Sponsored by Malta Stock Exchange
Keynote Speaker: John Mason – Global Head of Regulatory & Market structure propositions, Thomson Reuters
Moderator: Andrew Zammit – Managing Partner, GVZH Advocates
Joe Portelli – Chairman, Malta Stock Exchange
Judy Abdilla Inguanez – Senior Associate, lecocqassociate
Romina Lauri – Head of Compliance, RiskCap International Ltd.
John Morton – Application Specialist, Bloomberg
Workshop C – PSD2: a game changer for the banking industry
Directive (EU) 2015/2366 on EU-wide payment services provides the legal foundation for the further development of a better integrated internal market for electronic payments within the EU. It puts in place comprehensive rules for payment services, with the goal of making international payments (within the EU) as easy, efficient and secure as payments within a single country, as well as opens up payment markets to new entrants leading to more competition, greater choice and better prices for consumers. The directive seeks to improve the existing EU rules for electronic payments. It takes into account emerging and innovative payment services, such as internet and mobile payments. Although it has applied since 12 January 2016, EU countries have to incorporate it into national law by 13 January 2018. This session will provide an overview of the Directive with a discussion following on its implementation and relevance to the Maltese market.
Sponsored by Chetcuti Cauchi Advocates
Keynote Speaker: Marco Folcia – Partner, EMEA Payments Leader, PwC Italy
Moderator: Nicholas Warren – Senior Manager, Financial Services, Blockchain & Fintech, Chetcuti Cauchi Advocates
Marco Folcia – Partner, EMEA Payments Leader, PwC Italy
Mark Curmi – Associate Director Banking Advisory Services, KPMG
Ivo Camilleri – Malta Bankers’ Association
Herman Ciappara – Head Payments & Banking Department, Central Bank of Malta
Workshop D – IDD: What does it change?
Directive 2016/97 — insurance distribution rules – aims to improve the way insurance products are distributed, intermediated and advised so that they continue and bring real benefits to consumers and retail investors in the EU.
The IDD needs to be implemented on 1 July 2018 and applied as of 1 October 2018. This session will provide an overview of this Directive and its main changes compared to IMD with a discussion following on its implementation and relevance to the Maltese market.
Keynote Speaker: Nic De Maesschalck – Director, BIPAR
Moderator: Elaine Magri – Associate, GANADO Advocates
Malcolm Falzon – Partner, Camilleri Preziosi Advocates
Josianne Briffa – Group Compliance Officer, MAPFRE MSV Life & MAPFRE Middlesea
Romina Bonnici – Senior Manager- Regulatory & Compliance, Mamo TCV
Michelle Mizzi Buontempo – Director, MFSA
Sponsored by Boston Link
15:50 The Future of Europe: Seven Areas to Watch
Europe is going through a lot of change currently. The Brexit negotiations are taking the continent through a roller coaster journey. There are a range of fiscal consolidation mechanisms in discussion. The enterprise architecture continues to evolve and the bloc are building out trade relationships with the largest economic superpowers in the world. During this discussion, we will examine seven key areas to provide a sharp focus on the challenges and opportunities we face as citizens, business people and the generation that will shape the Europe of tomorrow.
Introduction and Moderator: Susan Hayes – HayesCulleton
Alfred Camilleri – Permanent Secretary, Ministry for Finance
Juanita Bencini – Institute of Financial Services Practitioners
David Stellini – Opposition Spokesperson for EU Affairs and Brexit
Joseph Zammit Tabona – Chairman of the Government Task Force on Brexit
16:45 Closing Address
End of Conference
What does the FinanceMalta Annual Conference offer?
Have a glimpse into our 10th 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.
THANK YOU TO ALL THE SPONSORS
The FinanceMalta 11th Annual Conference is being sponsored by the following organisations.
We invite all delegates and guests to support these companies and visit their stand during the conference.
Thomson Reuters is the world’s leading source of news and information for professional markets. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. Thomson Reuters financial & risk solutions deliver critical news, information and analytics to the global financial community – enabling transactions and connecting communities of trading, investing, financial and corporate professionals. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges.
Konnekt is Malta’s leading professional recruitment agency. To us recruitment isn’t about numbers; it’s about understanding people. We are confident in having a thorough understanding of the finance and legal industries, and our uncompromising approach to the way we build relationships has allowed us to ensure lasting connections. With over a decade of experience, Konnekt handles more than 1,800+ projects per year and has worked with over 60,000 candidates and 1,000+ clients, ranging from SMEs to multinational organisations. Konnekt’s team of over 35 Recruitment Specialists work tirelessly to provide a top-notch service. The Finance & Legal specialist team is made up of professionals with backgrounds in banking, insurance, law, finance, business and psychology. This ensures that we are truly equipped to understand client needs. Constant training and keeping abreast with changes in the market put us at the forefront in delivering the best service to our clients. Our research-based recruitment methodology sets us apart, but what truly makes Konnekt Malta’s top recruitment agency is our commitment to working with integrity. Our work ethic has earned us the trust of a wide network of candidates and clients.
RiskCap International Ltd was established in 2013 to provide customized and outsourced risk management, regulatory compliance and governance solutions to the financial services industry. We are in Malta and London United Kingdom and have built up a business with a team with backgrounds in compliance, finance, accounting, mathematics and risk management. It is our ambition is to be pioneers for best practice, to see new opportunities and to find novel solutions. We are committed to innovative thinking, professionalism and a strong GRC culture and be at the forefront of our specialist areas and challenge our clients to think differently. Our clients are of all sizes and come from all segments of the financial services industry and are supervised by regulators around the world. These clients include investment managers and funds (over €5 billion AUM), investment firms, banks, payment and e-money institutions and insurance firms.
Dolfin Malta is an independent investment services firm providing depositary, custody, and execution services. We combine investment expertise with digital agility. We partner with wealth managers and advisers to help them exceed their clients’ expectations and grow their business with security, simplicity and speed. Our team shares strong values and a readiness to challenge convention. Together, let’s reimagine finance.
For more, visit dolfin.com, email firstname.lastname@example.org or follow us on Twitter @dolfinhq
Vacancy Centre is a small yet remarkably effective recruitment business fulfilling the resourcing needs of organisations of all sizes across a wide range of industry sectors, namely Banking & Finance, Legal & Compliance, Gaming & IT, Sales, Marketing & Administration. With a depth of experience of 30 years in the recruitment sector, VacancyCentre knows exactly how to reach the best people to fill almost any position. We pride ourselves in delivering an unrivalled candidate experience to ensure we create an ethos that our clients feel confident will represent them in the best possible way. The foundation of our success is based on treating both candidates and clients as valued customers. We seek to establish trust and respect by providing an excellent recruitment service to our clients and being trusted career advisors to our candidates.
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, TMT, maritime law and marine litigation, yachting, employment and environmental law. The Fenlex group, the firm’s trust and corporate services provider, is a recognised 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 internationally-ranked financial services, TMT and tax teams provide seamless interdisciplinary advice in the cutting-edge ICO and FinTech sectors.
BDO (Malta) is a fully fledged corporate services firm assisting international and Maltese clients in transactions, tax, remote gaming licencing, company administration, advisory and consulting as well as other corporate requirements. Our team evolved in its present form through the engagement of specialists who have excelled in their various fields, including Audit and Assurance, Tax and VAT Compliance and Consulting, Outsourcing Services, Legal and Consulting Services, Fiduciary Services, Banking, Incorporation/Formation of Companies, Correspondence and Administrative Services, Directorship and Company Secretarial, Yachting and Shipping Services, Aircraft registration and Tax Advice, Formation of Trusts and Foundations, Gaming Licencing, Securitisation Vehicle and Funds Setup. We are also licensed agents for the Individual Investor Programme. Our exceptional service delivery is built on ﬁve key components: clear understanding of client needs, effective communication, commitment to our clients, the best available professionals and strong ethical values.
Estera is a world-leading provider of fiduciary and administration services. Established for over 25 years, we provide corporate, trust, fund and accounting services to clients across the globe. We have more than 500 highly qualified professionals across 12 jurisdictions: Bermuda, BVI, Cayman, Guernsey, Hong Kong, Isle of Man, Jersey, Luxembourg, Malta, Mauritius, Seychelles and UK. Our Malta office, formerly part of the Heritage Group, collaborates with our international clients and their advisers to deliver smart, considered and most of all practical solutions, whether in a single location or across multiple jurisdictions. Our commercial focus, attention to detail and responsiveness coupled with a resolute commitment to the delivery of service excellence, is what sets us apart.
Nicholls Moisa Ltd – Ethical, Strategic, Responsive, Agile.
With a combined expertise of over 20 years, we pursue excellence in delivering high performers to the financial services & fintech sectors across Malta & EMEA. We identify top performers on behalf of established and start-up businesses that want to enhance or gain competitive advantage in the market by identifying and retaining the best employees.
Reyl & Cie (Malta) Ltd.
Founded in 1973, the REYL Group is an independent diversified banking group with offices in Geneva, Zurich, Lugano, London, Luxembourg, Malta, Singapore, Dallas and Dubai. The Group manages assets in excess of CHF 15 billion and employs 210 professionals. Developing an innovative approach to banking, the Group serves a clientele of international entrepreneurs and institutional investors through its Wealth Management, Corporate & Family Governance, Corporate Advisory & Structuring, Asset Services and Asset Management business lines.
Alter Domus is a fully integrated Fund and Corporate services provider, dedicated to international private equity & infrastructure houses, real estate firms, private debt managers, multinationals, capital markets issuers and private clients. Our vertically integrated approach offers tailor-made administration solutions across the entire value chain of investment structures. Alter Domus has continually expanded its service offer and today counts 39 offices and desks across five continents. This international network enables clients to benefit globally from the expertise of more than 1,800 experienced professionals.
With 20 years’ experience and 700+ clients in 50 countries, Linedata’s 1300 employees in 20 offices provide global humanized technology solutions and services for the asset management and credit industries that help its clients to evolve and to operate at the highest levels.
Pre-Conference Networking Event Sponsors
Castille is the professional network in Technical and Financial talent. We are the leading brand in Tech and Finance offering specialist recruitment, scalable staffing solutions, technical training and digital employer branding. We leverage our expert industry and market knowledge to help businesses and professionals achieve higher performance and outstanding results. Operating in 3 countries, we combine deep geographic presence, world-class talent solutions and a tailored, consultative approach to attract, develop and retain the best and brightest people in Tech and Finance. Being a people-centric talent network, Castille takes pride in accompanying candidates throughout their professional development giving them lifetime career opportunities in strategic sectors and technical areas of skill.
Workshop ASponsored by REED
Reed Specialist Recruitment is the world’s largest family-run specialist provider of recruitment solutions. The biggest European database of 12 million jobseekers enables us to help the world Love Mondays. At REED, we are matching jobseekers and employers globally for over 55 years. In Malta we specialise in: Accountancy & Finance, Financial Services, iGaming, Technology, and Business Support recruitment. The REED Group operates across Europe, the Middle East, and Asia.
Workshop BSponsored by Malta Stock Exchange
The Malta Stock Exchange (MSE) is an EU regulated market providing a transparent listing and trading infrastructure for financial instruments. It also offers a comprehensive back–office services comprising post trade clearing and settlement, financial instrument register maintenance and custody services. The MSE also operates Prospects MTF a SME oriented market and IFSM, an institutional securities market. Securities traded on the MSE are held in dematerialized form. Dematerialisation services are also possible for unlisted securities.
Workshop CSponsored by Chetcuti Cauchi Advocates
Chetcuti Cauchi Advocates is one of the largest professional services firm in Malta, providing legal, tax and fiduciary to businesses, private clients and governments worldwide. It is continuously expanding its presence, with offices in Cyprus, London, Zurich and Hong Kong. It’s global vision and business acumen has been the driving force behind the firm’s evolution over the years to offer a host of comprehensive and integrated services to its growing client base.
Lunch & Networking Breaks Sponsor
An international boutique recruitment company headquartered in Malta with offices in the UK and the Isle of Man, our team connects employers to an international talent pool. Enjoy the professionalism of our experienced group of consultants, the prompt and personal service of a locally based team, and the understanding that comes from our specialist market knowledge.
- 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.
- Camilleri Preziosi Advocates is a Maltese law firm committed to deliver an efficient service 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 transactional and regulatory advice, and assistance to clients.
- The Institute of Financial Services Practitioners represents financial services practitioners in Malta. It communicates practitioners’ suggestions, concerns and frustrations in a cohesive manner to both regulatory authorities and the Government, as well as keeping members up to date with new developments and providing training and other services in crucial areas.
- Vodafone Malta In an increasingly connected world, businesses will need solutions that scale and adapt as their business needs change. Vodafone is your total communications partner which keeps you globally connected, constantly innovating to ensure you are well prepared for today and tomorrow’s challenges. The Future is Exciting. Ready?
- The Academy of Business Leaders helps students achieve success with a particular focus on industry needs. We offer accredited courses in Finance, Leadership, Management, Marketing, HR, and Employment Law. Our Centre of Finance is accredited by ACCA, CIMA and offers an MSc in Investment, Treasury and Banking with Dublin City University.
- Infocredit Group Ltd, leading provider of risk management solutions for more than 45 years, is the exclusive strategic partner of LexisNexis Risk Solutions in Malta. It offers deep, industry-specific expertise to customers seeking superior KYC solutions for anti-money laundering compliance, including data services on PEPs, Sanctions, Enforcement and Adverse Media, all with global coverage.
- GO is Malta's leading communications services company. As the first quad-play provider in Malta we provide mobile, fixed line, internet and TV services to more than 500,000 customers. We also provide services to the business community, including Cloud Services, roaming hubs, data networking solutions, business IP, managed and co-location facilities.