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Briefing on “The International Capital Market Association Primary Market Handbook”
 
Date and Venue

Date: 28 February 2017
Time: 08.30-12.00
Venue: Hotel Istana, Kuala Lumpur


Event Overview

This half-day briefing will help market participants to gain a better understanding of the International Capital Market Association (ICMA) Primary Market Handbook and its practical application to transactions in the international capital markets.

The ICMA Primary Market Handbook, which sets out recommendations, guidance and standard wording and documentation for syndicated cross-border securities issuance, is widely used by ICMA members when lead managing such issues.

Since its launch in 1985, the Handbook has grown from a few short pages covering the issuance of straight Eurobonds to a comprehensive document covering a broad range of international securities. It is very much a ‘live document’, continuously responding to market developments when guidance or standardisation is required. Recent revisions include changes to the form of debt selling restrictions and an explanatory note on the operation of pre-sounding, bookbuilding and allocation processes.

This half-day briefing will cover the following key areas :
•    History, nuts and bolts of the ICMA Primary Market Handbook;
•    Scope and practical application of the ICMA Primary Market Handbook; and
•    Recent revisions and topical issues (e.g. Market Abuse Regulation, allocation procedures and stabilisation).

This briefing is targeted at anyone who works in the origination and syndication areas of investment banks and securities houses as well as capital market lawyers or compliance staff involved in the primary markets.

PROGRAMME
8.30 am – Registration & Light Refreshments
9.00 am – Briefing commences
11.15 am – Question and Answer session
12.00 pm – End of briefing / Lunch

Admission
Registration closing date is 20 February 2017. Please register early to avoid disappointment as registration will be closed once all the seats are fully booked. To register please complete the form at the following link. Please return to the Malaysian Investment Banking Association as instructed on the form.

REGISTRATION FEES (GST Inclusive)
MIBA Members: RM350.00 per participant
Non - Members: RM450.00 per participant

FOR FURTHER DETAILS
Please contact the Malaysian Investment Banking Association
Level 7, Unit 3, Menara MIDF
No. 82, Jalan Raja Chulan, 50200 Kuala Lumpur
Tel. Nos. 03-2711 3991 / 03-2711 3992 / 03-2711 3996 (ext no. 112)
E-mail Address: education@miba.com.my

The event is being organised by Japan Securities Dealers Association (JSDA) with the assistance of the International Capital Market Association (ICMA). It will feature presentations and panel discussions with the members of a high level delegation from Japan on the latest developments in Japanese securities markets, including the evolution of market infrastructure.

Further information will be available soon.  For any queries, please contact Gemma Fisher

Mr Ruari Ewing
Senior Director, Primary Markets – Market Practice and Regulatory Policy, International Capital Market Association (ICMA)

Having previously worked as a debt capital markets transaction lawyer, Ruari has been with ICMA since 2007.

His primary focus is on the primary debt markets, where he oversees the representation of ICMA’s lead-manager constituency with the help of his colleague Charlotte Bellamy. Supporting the ICMA Primary Market Practices Committee (PMPC), Legal & Documentation Committee (LDC) and related groups, they facilitate discussions among and within ICMA members and liaise on their behalf with other market constituencies and national and international authorities. The PMPC gathers syndicate desk heads and senior members, and the LDC gathers legal transaction management team heads and senior members, of around 20-50 ICMA member banks most active in lead-managing syndicated bond issues in Europe.

Ruari support related syndicate groups in the Nordic region, Switzerland and Asia. Notable topics covered are prospectuses and other pre-contractual disclosure documents (PD and PRIIPs), market abuse rules (MAD/R – particularly inside information, pre-sounding and stabilisation), ongoing / periodic disclosure (TD), conduct of business (MiFID – notably regarding product governance and bookbuilding & allocations), withholding tax regimes, contractual bail-in / stay provisions, legal certainty (including benchmark continuity), asset servicing and securities clearing (particularly concerning the ICSDs) and ABS documentation.

Ruari is also ultimately responsible for administering the ICMA Primary Market Handbook (previously the IPMA Handbook), which sets out recommendations, guidance and standard wording and documentation for syndicated cross-border debt securities issuance.
Admission
Registration closing date is 20 February 2017. Please register early to avoid disappointment as registration will be closed once all the seats are fully booked. To register please complete the form at the following link. Please return to the Malaysian Investment Banking Association as instructed on the form.

PAYMENT
REGISTRATION FEES (GST Inclusive)
MIBA Members: RM350.00 per participant
Non - Members: RM450.00 per participant

Full payment is required with registration, at least one (1) week prior to the commencement of the course via either one of the following methods:
•    Cheque made payable to the MALAYSIAN INVESTMENT BANKING ASSOCIATION; or
•    Bank Transfer or Interbank GIRO (IBG). The Association’s banking details are as follows:

Payable to: MALAYSIAN INVESTMENT BANKING ASSOCIATION
Bank Account No.: 8881003952559
Bank Details: AmBank (M) Berhad

Bangunan AmBank Group, No. 55, Jalan Raja Chulan,
50200 Kuala Lumpur

Please fax or e-mail a copy of the bank transfer or IBG confirmation to the Association for our reference and file record.

CANCELLATION
Cancellations will NOT be entertained within one (1) week from the course date. However, substitute(s) will be accepted at no extra charge with forty-eight (48) hours notice.

DISCLAIMER
The Association reserves the right to amend the terms, course contents and programme without prior notice if it is deemed necessary to ensure the effectiveness and success of the programme.