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
Thursday, June 17th from 6pm to 8pm Eastern 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.Â
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.Â
If you believe there is scope for Canadaâs finance sector to serve society better, this is definitely an event for you, because weâll 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 thatâs needed; and we want to shine a big bright light on those ideas and the people that can bring them to life.Â
Weâll be tackling many important questions head-on, such as:
- What are the underlying forces that continue to drive poor market conduct?
- Are Canadaâs financial regulators using their powers effectively?
- How much of an issue is regulatory capture in Canada?
- 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 âprofit maximisationâ spoiled the sectorâs culture?
- Is the Business Round Table thinking on âmulti-stakeholderâ starting to have an influence?
- Is the regulatory framework in Canada working as it should? â if not, what can be done?
Given the obvious importance of the finance sector to Canada, 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 BST—————————————-
Welcome to the symposium, introductions and initial exploration of the main issues;Â byÂ
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 EDT—————————————-
Presentation #1, for 10 minutes + 5 minutes Q&A/Discussion by
Paul Bates
Senior Counsel, Barrister, Paul Bates Barrister
—————————————-6:35pm EDT—————————————-
Presentation #2, for 10 minutes + 5 minutes Q&A/Discussion by
Ken Kivenko
President, Kenmar Associates
—————————————-6:50pm EDT—————————————-
Presentation #3, for 10 minutes + 5 minutes Q&A/Discussion by
Mike Heale
Principal, CEM Benchmarking Inc
—————————————-7:05pm EDT—————————————-
The “Just a minute”-roundÂ
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 wonât be penalised for hesitation, repetition or deviation!
Speakers:
Michael Topolnytsky
Strategy & Organisation Consultant
Hilliard MacBeth
Portfolio Manager & Investment Advisor, Richardson Wealth
—————————————-7:30pm EDT—————————————-
General discussion and debate, 25 minutes
—————————————-7:55pm EDT—————————————-
Final conclusions; and suggested next steps and close to the formal proceedings.
However, for those that want it…
8:00pm EDT until 108:30pm EDT
….informal, unstructured networking and informal conversation; a “fireside chat”
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*The programme will continuously evolve so is subject to change.
Paul Bates
Barrister, Paul Bates Barristers
Paul Bates is a Canadian senior litigation counsel with 35+ years of experience in complex commercial litigation. Paul is also a member of the UK Bar, and professionally associated with Outer Temple Chambers in the London, U.K.
Paul maintains an extensive practice in financial services, including collective redress, with an emphasis on retail and institutional investor compensation for regulatory contraventions by financial institutions and intermediaries.
Paul serves as a member of the Ontario Securities Commission Investor Advisory Panel to assist the Commission to identify investor interests in Canadian regulatory developments. Paul also leads competition claims for consumer redress.
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Ken Kivenko
President, Kenmark Associates
Since 2001 Ken Kivenko has been president and CEO of Kenmar, a company providing consulting services to small and medium-sized enterprises regarding strategic planning and financing. The company also acts as an investor advocate assisting investors who have been wronged. Some of Kenâs acheivements at Kenmar include:
â Assisting companies in developing corporate governance procedures,
â Writing research papers on investing including investor psychology and portfolio risk management, and
â Assisting wronged investors successfully file complaints and damage claims.
Ken has been successfully investing for over 30 years in stocks , bonds, convertibles, and mutual funds. He has given papers at various conferences; subjects include corporate/fund governance, investing principles, inventory management, customer satisfaction, investment metrics and risk mitigation. As an investor advocate, he has written and widely distributed papers on investment issues and corporate governance. He is chairman of the Advisory Committee for the Small Investor Protection Association. He has made presentations and provided submissions to the OSC ,CSA, Joint Forum, IOSCO, IDA and The Wise Persons Committee.
Ken has a bachelor of science in engineering electronics and a diploma in management from McGill University. He also has a Canadian Securities Course Certificate from the Canadian Securities Institute.
He has previously held positions as president and CEO of NBS Technologies (1995 to 2000), Canadian Marconi Company (1994-1995), AlliedSignal Canada Inc. (1989-1994), and Bendix Avelex Inc. (1984-1989). Prior to this, he worked for Canadian Marconi Company (1966-1984), first as a senior quality engineer and later as vice-president.
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Mike Heale
Principal, CEM Benchmarking Inc
Mike is responsible for global business development and client service for CEM’s investment and administration benchmarking clients. His personal clients include leading pension and sovereign wealth funds in Asia, Australia, Canada, Europe, the Middle-East, and the United States.
Mike is a frequent speaker at global pnsion and investment conferences where he shares performance and best practice insights from the CEM research program.
Recent industry papers that Mike has co-authored include:
-The bright and dark sides of private equity investing
-The time has come for standardized total cost disclosure for private equity
-Private equity cost disclosure – a problem and the solution
-A hedge fund performance reality check
He is the creator and leader of CEM’s Global Leaders Service, a research group consisting of leading global pension and sovereign wealth funds.
Mike is aso the creator and leader of the Global Pension Transparency Benchmark, a collaboration between CEM adn top1000funds.com. The Global Pension Transparency Benchmark is a world first global standard for pension disclosure, bringing a focus to transparency in a bid to improve pension outcomes for members.
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