Previous events

7 December 2017
Stationers Hall, London

Assessing the Impact of Regulation and Technology on Bond Syndication

Event overview

International bond syndication is undergoing a process of potential transformation as EU regulation and technology innovation bring their respective changes to bear on this critical aspect of the primary debt capital markets.

Topics for discussion:
  • Gauging the impact on bond syndication of MiFID II and MAR declarations on soft-sounding, gauging interest, information disclosure, inside information/MNPI, posting of levels, transaction announcement and allocation decisions.
  • Is traditional bond syndication ripe for technology disruption by fully electronic platforms?
  • Will blockchain rise up and ultimately dispense altogether with the need for syndication as we know it?
  • Can digital code and cryptography ever replace human trust, nous and professional savoir-faire?
  • Where does price discovery end up? What about optimising distribution and reducing execution risk and price stabilisation, particularly in difficult and often volatile markets?
  • Do issuers face price volatility and failed deals?
  • Whose needs are ultimately best met as reg and tech changes close in?

Moderated by Keith Mullin, the event was convened by a panel of experts from across the broad market ecosystem to assess the impact of the various strands of regulatory endeavour and the inexorable rise of fintech and technology solutions on the world of bond syndication.

Video clips

Photo stills

Speakers

  • Ruari Ewing:
    Senior Director, Market Practice and Regulatory Policy, ICMA
  • Chris Jones:
    Global Head of Local Currency Syndicate, HSBC
  • Raja Palaniappan:
    CEO, Origin Markets
  • Duncan Phillips:
    Global Head of Capital Markets, IPREO
  • Philip Smith:
    Partner, Allen & Overy
  • Avtar Sehra:
    CEO and Chief Product Architect, Nivaura

Supported by

International Capital Market Association