Gilles Hervé, European Commission

Gilles Hervé

Mr Hervé began his career with BNP Paribas where he worked for in Paris, New York and London and held different roles in the field of market risk before spending a number of years in the Equity Derivatives arm of the bank as an Equity Finance Trader. In 2012 he moved to the French Central Bank working on the regulation of derivatives and the supervision of CCPs. Since 2017 Mr Hervé has been seconded to the European Commission in the Financial Markets Infrastructure Unit where he works on derivatives, CCPs and collateral.

Agenda

13.50 - 14.20

OTC Derivatives and collateral implications of new regulations

  • Access to CCPs for funds and implementation of FRANDT principles
  • Next steps for derivatives trading obligation
  • ESMA Review of market abuse regulation

14.20 - 15.10

Collateral eligibility and impacts on depositaries

  • Limitations and best practices for collateral re-use
  • Collateral schedules and custodial arrangements for UMR phases 5 and 6
  • Getting ready for CDRs 2018/1618 and 1619 on delegated safekeeping

16.05 - 17.05

Securities lending – the causes and effects of changing behaviour

  • Business and regulatory drivers
  • Profitability/revenues
  • Routes to market – buy-side perspective
  • New themes – sustainable finance, role of technology

17.05 - 17.35

Closing keynote address