Capital Market Reform in Asia: 7th Round Table
Agenda

Participants’ registration

Opening Remarks
ADBI: Peter McCawley, Dean, Asian Development Bank Institute
OECD: Carolyn Ervin, Director, Directorate for Financial and Enterprise Affairs, OECD
Andrew Sheng, Chairman of the Round Table

Session 1: Financial Policy Landscape

Speakers:
Stephen Lumpkin, Principal Administrator, Financial Markets and Policies, OECD

• Presentation: Basic Propositions Regarding the Financial Policy Landscape: A Review of the OECD Experience [PDF 201KB | 18 pages]

Andrew Sheng, Former Chairman, Hong Kong Securities and Futures Commission

• Presentation: Capital Market Development in Asia and Future Challenges [PDF 226KB | 30 pages]

Naohiko Matsuo, General Counsel and Director forInvestment Services Law, Financial Services Agency of Japan

Stephen Grenville, Lowy Institute for International Policy, Australia

• Presentation: Financial Sector Regulation: Lessons So Far [PDF 164KB | 18 pages]

Discussants:
Pratip Kar, Executive Director, Securities and Exchange Board of India

Takatoshi Ito, Faculty of Economics, University of Tokyo

Session 2: Integration of Capital Markets in the Asian Region

Speakers:
Masahiro Kawai, Head, Office for Regional Economic Integration, and Special Advisor to the President, ADB, Philippines

• Presentation: Asian Bond Market: Progress and Challenges [PDF 133KB | 17 pages]

Thirachai Phuvanatnaranubala, Secretary-General, Securities and Exchange Commission, Thailand

• Presentation: Integration of Capital Markets in the Asian Region [PDF 99KB | 8 pages]

Gordon de Brouwer, Director, Department of the Treasury, Australia

• Paper: A New Financial Market Structure for East Asia: How to Promote Regional Financial Market Integration [PDF 1.8MB | 25 pages]
• Paper: The Integration of Capital Markets in the Asian Region: Some Practical Steps Forward [PDF 1.8MB | 19 pages]
• Paper: Institutions to Promote Financial Stability: Reflections on East Asia and an Asian Monetary Fund [PDF 808KB| 49 pages]
• Presentation: Economic and Financial Integration in the Asian Region: Principles and Practical Steps Forward [PDF 264KB | 7 pages]

Ghon Rhee, K.J. Luke Distinguished Professor of Finance, University of Hawaii

• Presentation: East Asian Financial Market Integration [PDF 391KB | 18 pages]

Discussants:
Shigeki Kimura, Director, Research Division, International Bureau, Ministry of Finance, Japan

Asela Fernando, Member of the Securities and Exchange Commission of Sri Lanka, and the President of the Institute of Chartered Accountants of Sri Lanka

Ruben Lee, Managing Director, Oxford Finance Group, UK

Dinner reception, hosted by OECD

Session 3: Investor Education

Speakers:
Barbara Smith, Principal Analyst (Financial Education), OECD

Christina Tan, Deputy Director and Head of Consumer Issues Division, Monetary Authority of Singapore

Toshitsugu Shimizu, Executive Officer, Tokyo Stock Exchange

Discussants:
Berna Collier, Commissioner, Australian Securities and Investments Commission

Darmin Nasution, Chairman, Indonesia Capital Market Supervisory Agency

Azizul Islam, Chairman, Securities and Exchange Commission, Bangladesh

Session 4: Developments in Venture Capital and Private Equity since the end of “Tech Bubble”

Speakers:
John Thompson, Financial Counselor, OECD

Hanson Cheah, Managing Partner, AsiaTech Ventures Limited, Hong Kong, China

Chang Sun, Managing Director, Warburg Pincus Asia LLC, Hong Kong, China

Dosoung Choi, President, Korea Securities Research Institute

Discussant:
Toshitsugu Shimizu, Executive Officer, Tokyo Stock Exchange

Michael Buxton, Co CEO, Ernst & Young, Tokyo

Session 5: Governance Issues Related to Securities Markets

Speakers:
Ruben Lee, Managing Director, Oxford Finance Group, UK

Noritaka Akamatsu, Lead Financial Economist, Financial Sector Operations and Policy Department, The World Bank

Discussants:
Fe Barin, Chairperson, Securities and Exchange Commission of the Philippines

Toru Shikibu, Deputy Commissioner for International Affairs, Financial Services Agency of Japan

Zaha Rina Zahari, Chief Executive Officer, RHB Securities, Malaysia

John Thompson, Financial Counselor, OECD

Closing Remarks