COURSE OVERVIEW Credit derivatives, ABS and CDOs have received a lot of negative attention post credit-crisis, with many market participants blaming them for leading to the credit crisis. While these products have in the past contributed to too much systemic leverage and an over-reliance on rating agencies, they have also been of great utility to various market participants. This 2-day course looks at the mechanics, uses and misuses of credit derivatives and securitisation, how they contributed to and were aected by the credit crisis and where we currently are in these markets. WHO SHOULD ATTEND? This course is appropriate for those who are looking for a broad market overview of credit and structured credit products and an understanding of how these t into the credit crisis. Given it is a market overview course, it should appeal to a b road audience, including nancial market salespeople, risk managers, compliance and operations personnel. The course requires knowledge of general nancial markets concepts e.g. going short, xed income instruments such as bonds and loans and basic derivatives such as swaps, but does not require prior credit derivatives experience. LEARNING OUTCOME Upon completion of this course, participants are able to: •ASSESS the overall purpose for entering into a complex transaction •DRAW diagrams to show the cash ows during the transaction •ASSESS what movements in underlying variables create credit risk•ESTIMA TE the amount and timing of the resultant credit risks. •GAIN understanding on the various case studies during the credit crisis and how companies can cope with these situations. ABOUT EURO EVENTS Euro Events is the leading organizer and event management company in Asia, specializing in Finance, Banking, Information Technology, RiskManagement, Marketing & Human Resources Management. With local oces in Hong Kong, Beijing, Tokyo and Singapore, Euro Events is dedicated to serve clients from all around Asia. Euro Events services consist of two main categories namely hosting proprietary conferences and managing clients’ ev ents. With experienced and dedicated staspecializing in several industries, Euro Events manage from conceptualization to execution of your events needs. To know more about us, visit ww w.euro-events.com Your Distinguished Master Trainer Anu Munshi has 13 years experience working in nancial markets starting with 8 years in structured credit at JPMorgan in the US, Asia and Europe. She started her career in New York structuring emerging market derivative products, following which she focused on credit derivatives within emerging markets. She then moved to Singapore as product manager for credit derivatives, CDOs and ABS for JPMorgan in Asia. She developed a market for these products, educating clients and distributing structured credit to Asian investors where there had been little knowledge or activity before. Anu moved to London in 2003 to set up the SPV notes business for JPMorgan in Europe, structuring and marketing credit- linked, asset-backed and hybrid notes. She was instrumental in developing the new generation of credit derivative products at JPMorgan including CMCDS and options on CDS and synthetic tranches of CDOs. Anu joined B&B in summer 2005 and has since undertaken a variety of derivatives- and securitization-focused consulting projects, provided an expert opinion in several derivatives litigation cases, and conducted numerous training assignments in Eur ope, North America and A sia. Anu graduated with a BA in Economics and Mathematics from Franklin & Marshall College, Pennsylvania. Organised by: AnuMunshi Program Director, Partner B&B Structured Finance Strictly Limited Available Seats! Exclusivity is guaranteed. The class size will be kept small so that you receive maximum attention in learning, discussion and mentorship by our master trainer. 100% Actionable & Practical Tips More than just textbook theory, the courses will equip you with practical know-how and recent case studies to complement your learning & knowledge for your workplace. Highly Interactive The program will focus on the practical realities of the market, rather than taking an excessively mathematical or academic approach. The course style is discussion and case study based rather than pure lecture, allowing the participants to think through the products themselves and thus gain a more REGISTERTODAY!Tel:( 65)65769697•F ax:(65)67363830 •Email:[email protected]•Website:http://www.euro-events.com SIDCCPE-APPROVED10POINTS
Credit Derivatives & Securitisation21-22 February 2011 | Kuala Lumpur, Malaysia
COURSE OUTLINE*Registration and coee starts at 8:30am daily. The course begins at 9:00am sharp and ends at 5:30pm. Lunch and refreshments will be provided for all attendees during the 2- day workshop.
1. Organizer reserves the right to change the name of the event(s), re-locates the
event(s) to another event facility within the same city, or changes the date for theevent(s) to dates that are not more than 60 days earlier or later than the dates on
which the event(s) originally was scheduled to be held.
2. Organizer may cancel all or any part of the event(s) or for any reason in its sole
discretion or for acts beyond its reasonable control.
3. If all or any part of the Conference are canceled in its entirety, the Organizer shall
refund for the registration fees paid. Any registrant who cancels this agreement
prior to any cancellation of the Event by Organizer shall not be entitled to any
refunds paid pursuant to this section. In any circumstances, the Organizer’s liability
shall not exceed the total rental fees paid by the delegate or approving manager
for each part of the events.
4. In the event the delegate cancels all, or part of the registration charges, the
delegate or the organization will be responsible for full payment.
5. Full payment is due within 14 days of the invoice date, upon receipt of this
registration on form Overdue payment might be subject to interest charges at
the rate of 1.5% per month for the period commencing from the date of each
outstanding invoice until each such invoice has been paid in full.
6. Delegate or approving manager shall pay the said fee in gross invoice value to
Euro Events Management (S) Pte Ltd, without deductions of any taxes and costs.
Delegate or approving manager agrees to be responsible for any taxes, including
withholding tax, indirect tax, remittance tax etc, arising from such payment. In the
event if the delegate or approving manager is obligated to deduct payments under
the laws of his country jurisdictions, such deductions shall be fully responsible by
the delegate or the organization.
7. All other expenses for extra products and services requested by the delegate
or approving manager such as Hotel accommodation, IDD call charges, Internet
Connections, extra electricity etc. are to borne by the requested parties.
8. Any discounts given in this agreement shall only be applicable for this event.
9. The contents of this agreement are strictly condential.
10. This Agreement shall be governed by and construed in accordance with the
laws of the Republic of Singapore.
Terms and Conditions
SGD$ MYR
Early Bird
(until November 30,2010)SGD 1599 MYR 3840
Regular Price
After November 30, 2010SGD 1699 MYR 4080
Credit Derivatives & Securitisation21-22 February 2011 | Kuala Lumpur, Malaysia
