8 April 2014
Moscow

SWIFT Business Forum - Moscow 2014

Agenda

8 April 2014

08:45 – 09:30

Registration and welcome coffee

09:30 – 09:50

Welcome and opening remarks

09:50 – 10:15

Keynote speech

10:15 – 11:15

Panel discussion: Recent developments in the Russian Financial market

Russia’s ambition to play a bigger role on the international scene has led to a whirlwind of change in its financial markets over the past few years. The domestic financial infrastructure has seen the creation of a single CSD, a Trade Repository and the introduction of a single ‘mega-regulator’, the leadership of the Central Bank of Russia has changed and the inclusion of the rouble in CLS is just around the corner. Fighting financial crime is high on the agenda of Russia's banks and the withdrawal of a number of banking licences by the Bank of Russia, has reinforced the urgency for banks to implement robust policies and solutions to meet their regulatory obligations. The consequences of the current climate are a laser-sharp focus on costs, an increased tendency to benchmark one’s own institution versus domestic and now international peers in all possible areas, and many an opportunity. How will the Russian economy fare in the years to come? What will be the impact of Russia’s greater interconnectedness in light of worldwide recovery and recent macro-events?  How is regulatory risk perceived by players in Russia’s financial markets? And what impact does all of this have on members of the Russian financial community, big and small?

11:15 – 11:45

Coffee break

11:45 – 12:45

Panel discussion: Towards a Single Rouble Payments Area?

Since the mid-2000s, the Russian authorities have been looking at strengthening the international status of the rouble and increasing the share of settlements in roubles.  As part of that ambition they want to establish the Russian rouble as a leading regional reserve currency in the Commonwealth of Independent States (CIS). As a result of these efforts, the rouble is currently the 7th most traded currency in the world, thanks largely to significant FX trading with London and other financial centres; and a lot of trade between Russia and the CIS countries taking place in roubles. What role can and will the rouble play in Moscow’s ambitions to become an International Financial Centre? With the inclusion of the rouble in CLS now imminent, what will the impact of this be and will it contribute to a stronger status for the rouble?  What are the rouble’s chances of making it to official reserve currency status, and what is needed to achieve this? And lastly, where will the rouble stand ten years from now?

12:45 – 14:00

Lunch

14:00 – 15:00

Chat rooms

Chat rooms offer you the opportunity to hear, through short 15 minute presentations, about some of the many products and services within the SWIFT portfolio. These sessions will give you a taste of what’s available so that you can follow up in more depth with SWIFT experts during or after the Business Forum. Among the products and services showcased will be: SWIFT Interface options, including Alliance Lite-2, Lifeline and Alliance Remote Gateway; our Business Intelligence portfolio; our growing suite of Compliance services; SWIFT’s reference data portfolio and SWIFT’s suite of Training, Support & Consulting services. The chat rooms will repeat four times so you will have the opportunity to hear about four topics of your choice.

15:00 – 16:00

Panel discussion: The Russian securities landscape – is integration delivering on its promises?

In 2013, the Russian securities market underwent a number of important changes, all aimed at attracting more foreign investors. Amongst these were the smooth integration of the post-trading infrastructure, the change of the settlement cycle from T+0 to T+2, and the establishment of links with the ICSDs to facilitate the settlement of Russian bonds for foreign investors. Further initiatives are planned in 2014, including the development of a corporate information centre to streamline corporate actions, the adoption of ISO 15022 for corporate actions and changes in disclosure for tax purposes. What will the impact be of all these changes? What are the key challenges and opportunities for market participants as they go through this wave of change? How will all of this contribute to Moscow’s ambition to become an international financial centre? With competition from other established and emerging markets high, what more can Moscow do to achieve its goals?

16:00 – 16:30

Coffee break

16:30 – 18:00

ROSSWIFT Annual General Meeting

18:00 – 18:15

Closing remarks

18:30

Drinks followed by dinner