This event has now taken place but you can watch the video recording of it through our Youtube Channel, get to it by clicking the button below
When
Wednesday 13th October from 6PM to 8PM Singapore time/6PM to 8PM Hong Kong time/3:30PM to 5:30PM India Standard timeWhere
Online symposium via Zoom.Format
There'll be a great line-up of speakers plus ample scope for discussion and debate.Why you should attend
The reputational integrity of the finance sector has been very badly damaged in recent decades, with one scandal after another including of course the Global Financial Crisis itself.
As a consequence, the Transparency Task Force is initiating and facilitating a global conversation about what needs to be done to address the real underlying causes of the malpractice, malfeasance, misconduct and mis-selling that has plagued the finance sector for far too long, causing extensive consumer detriment and a collapse in trust and confidence.
If you believe there is scope for Asia’s finance sectors to serve society better, this is definitely an event for you, because we’ll be working hard to galvanise support for the positive, progressive and purposeful finance reform that is so desperately needed.
We know there are many great ideas that can help to drive the transformational change that’s needed; and we want to shine a big bright light on those ideas and the people that can bring them to life.
We’ll be tackling many important questions head-on, such as:
- What are the underlying forces that continue to drive poor market conduct?
- Are Asia’s financial regulators using their powers effectively?
- How much of an issue is regulatory capture in Asia?
- Are class actions having to fill the void created by ineffective regulatory enforcement?
- Are vested interests still getting in the way of consumers getting good outcomes?
- Is obfuscation and opacity standing in the way of transparency?
- Are the fiduciary standard and best interest rules working as intended?
- Has the Friedmanite idea of “profit maximisation” spoiled the sector’s culture?
- Is the Business Round Table thinking on “multi-stakeholder” starting to have an influence?
- Is the regulatory framework in Asia working as it should? – if not, what can be done?
Given the obvious importance of the finance sector to Asia, discussing and debating what can be done to get it to perform in a manner that serves society properly is always a hot topic; please be sure to book your complimentary place and be part of the conversation.
Here's the programme and timings so far...
—————————————-6:00pm HKT—————————————-
Welcome to the symposium, introductions and initial exploration of the main issues; by
Andy Agathangelou
Founder, Transparency Task Force; Governor, Pensions Policy Institute; Chair, Secretariat Committee, APPG on Pension Scams; Chair, Secretariat Committee, APPG on Personal Banking and Fairer Financial Services; Chair of the Violation Tracker UK Advisory Board
—————————————-6:20pm HKT—————————————-
Presentation #1, for 15 minutes + 5 minutes Q&A/Discussion by
Farah Jafaar-Crossby
CEO, Labuan IBFC
—————————————-6:40pm HKT—————————————-
Presentation #2, for 15 minutes + 5 minutes Q&A/Discussion by
Henri Arslanian
Adjunct Associate Professor
Global Crypto Leader, Asia FinTech Leader, Partner PwC
—————————————-7:00pm HKT—————————————-
The “Just a minute”-round
Inspired by the BBC Radio 4 programme, we have asked a selection of our attendees to spend just a minute sharing their thoughts on what has been covered during the symposium. But unlike the Radio 4 programme our speakers won’t be penalised for hesitation, repetition or deviation!
Speakers:
– Speakers to be added –
—————————————-7:10pm HKT—————————————-
General discussion and debate, 45 minutes
—————————————-7:55pm HKT—————————————-
Final conclusions; and suggested next steps and close to the formal proceedings.
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*The programme will continuously evolve so is subject to change
Farah Jafaar-Crossby
CEO, Labuan IBFC
Farah is the CEO of Lauban IBFC Incorporated, a wholly owned subsidiary of Lauban Financial Services Authority, the statutory Regulatory Authority for Lauban International Business and Financial Centre, operating under the purview of MInistry of Finance, Malaysia. Lauban IBFC Incorporated serves as the jurisdiction’s official market development agency.
A seasoned strategic communication, market development and financial services professional, she brings with her experience spanning more than 25 years in wholesale financial services, putting her in good stead to develop Lauban IBFC as Asia’s go-to mid-shore wholesale financial intermediation centre.
Formerly attached to the Asian Institute of Finance and Bursa Malaysia (Malaysia’s national stock exchange), Farah has served in numerous senior market development and strategic communications roles.
She also represented the Association of Stock Broking Companies Malaysia, a nationwide industry led lobby group representing Malaysian stockbrokers during the demutualisation exercise of the national exchange, alloweing her a unique hands-on experience surrounding high strategic level issues relating to multiple stakeholder management, eco-system curation and long-term strategic business strategy.
Passionate about equality, financial inclusion and win-win partnerships, she strongly believes that “a rising tide lifts all boats”. Farah has an LLB (Hons) from Sheffield University, United Kingdom.
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Henri Arslanian
Adjunct Associate Professor
Global Crypto Leader, Asia FinTech Leader, Partner PwC
Henri Arslanian is the PwC FinTech & RegTech Lead for China/Hong Kong and U.S. Liaison. He is also an Adjunct Associate Professor at the University of Hong Kong, where he teaches graduate courses on Entrepreneurship in Finance as well as the first FinTech university course in Asia.
Henri is a TEDx speaker, a published author, and currently sits on several finance, academic, government, civil society, and FinTech related boards and advisory boards. He also sits on both the HK SFC’s FinTech Advisory Group and the FSDC’s Fintech working group.
A member of the Milken Institute’s Young Leaders Circle with over 200,000 LinkedIn followers, Henri has been awarded many industry and academic awards over the years, from being named one of the Most Influential Individuals in FinTech in Asia to being awarded the Governor General of Canada Gold Medal for Academic Excellence.
Before joining PwC, Henri was with a FinTech start-up and previously spent many years with UBS Investment Bank in Hong Kong. Henri started his career as a financial markets and funds lawyer in Canada and Hong Kong.
Henri speaks five languages including English, French, Armenian, Spanish and Mandarin Chinese.
He holds a Masters in Chinese Law from Tsinghua University; a joint Global Executive MBA from Columbia Business School, London Business School, and Hong Kong University; a Masters in Transnational Law from the University of Sherbrooke; and a Bachelor of Law from the University of Montreal (Dean’s List of Excellence).
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