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The Conference will feature an exciting lineup of speakers including a luncheon keynote speech by Deputy Premier and Minister of Finance the Honorable Paula Cox, JP, MP. In addition, Mr. Matthew Elderfield, CEO of the Bermuda Monetary Authority will update the U.S. market on Bermuda's regulatory approach particularly in light of recent financial services issues. Ms. Casey Reckman, Sovereign Wealth Analyst for Fitch Ratings, will welcome guests in the morning with an overview of Bermuda's and its position in the global economy.
A delegation of Bermuda international business executives representing Bermuda's financial services industry will host eight interactive and informative panel sessions for conference attendees on a range of topics including: Choosing Bermuda, Infrastructure and Energy, Funds and Fund Administration, Private Wealth Management, Trusts, Convergence, Insurance / Reinsurance and Captives, and Capital Markets.
Minister Cox said today, "I am looking forward to attending and speaking at this year's Conference, especially in light of all the new developments this year. We have maintained our standards of excellence in the global arena and the recognition has been given. We were placed on the OECD white list in June. Then, on 2nd September, Bermuda was elected Vice Chair of the Steering Group of the new Global Forum consolidating our blue chip reputation. I look forward to telling the Bermuda story and supporting the efforts of the Bermuda International Business Association in promoting Bermuda as the financial jurisdiction of choice."
"Bermuda is already playing a significant role across our entire financial services industry as a part of the transformation and reigniting of capital markets and the global economy," said Cheryl Packwood, CEO of the Bermuda International Business Association. "As our economic impact research validated, Bermuda is an important part of the U.S. economy and we are hopeful that our message of appropriate regulatory oversight and sophistication and innovation will resonate with the U.S. market and drive additional international business. We appreciate the support and participation of Minister Cox and Mr. Elderfield along with all of the international business delegation. We have received a record number of RSVP's and are optimistic that we will be reaching many new clients and reconnecting with long time partners."
The one-day intensive conference in New York is designed to highlight Bermuda's competitive strengths vis-a-vis other jurisdictions emphasizing key competitive advantages including Bermuda's regulatory and tax standing, the sophistication and expertise of its service providers and Bermuda's significant progress in addressing the many challenges facing financial services businesses in the wake of the global economic meltdown and the emergence of new global financial regulation and tax issues.
On Wednesday, September 30, 2009, the keynote speech schedule is as
follows:
8:30 - 9:30 AM Breakfast and Keynote Speech
Ms. Casey Reckman, Sovereign Wealth Analyst, Fitch
Ratings
12:00 - 2:15 PM Lunch and Keynote Speech
Deputy Premier & Minister of Finance, The Hon. Paula
Cox, JP, MP
4:45 - 6:00 PM Cocktail Reception and Closing Remarks
Matthew Elderfield, CEO, Bermuda Monetary Authority
The panel discussion schedule and Bermuda participants are as follows:
9:45 AM - 10:30 AM
- Choosing Bermuda
Moderator: Ron Geffner, Partner, Sadis Goldberg
Chris Gauk, Ernst & Young
Jonathan Kim, Montpelier Re
Tammy Richardson, Appleby
Stephen Lowe, Registrar of Companies
- Infrastructure and Energy
Moderator: Linda Smith, BELCO
Sheila Lines, Keytech
William Francis, Ministry of Energy, Telecommunications and E-Commerce
John Kyle, Gateway Systems
10:45 AM - 11:30 AM
- Funds and Fund Administration: "A Stakeholder's Value - A Discussion of
Lessons Learned and the Way Forward"
Moderator: Michael G. Tannenbaum, Managing Partner, Tannenbaum,
Helpern, Syracuse & Hirschtritt
Dawn Griffiths, Conyers Dill & Pearman
Ede Conyers, ISIS Fund Services
Craig Bridgewater, KPMG
Rod White, Equinoxe Alternative Investments
- Trusts
Moderator: Randall Krebs, Appleby
Ronald Schmalcel, Butterfield Group
David Sussman, Conyers Dill & Pearman
Rajah Abusrewil, Trott & Duncan
2:30 PM - 3:15 PM
- Convergence: "Convergence in 2009 and beyond - The Impact of Financial
Crisis, Market Cycle and investor Appetite on Risk Linked
Investments."
Moderator: Kathleen Faries, Tokio Millennium Re
Jonathan Kim, Montpelier Re
David Cash, Endurance Specialty Insurance
- Private Wealth Management
Moderator: Cole Simons, Bank of Bermuda HSBC
Bob Richards, Bermuda Asset Management, Ltd
Wendell Hollis, HCS GROUP LTD.
Nir Sadah, Butterfield Bank
3:30 PM - 4:15 PM
- Capital Markets: Listings, M&A, Stock Exchange
Moderator: Greg Wojciechowski, BSX
Tod Ackerly, Covington & Burling LLP
Jeff Conyers, First Bermuda Securities Limited
- Insurance/Reinsurance and Captives
Moderator: Jonathan Reiss, Ernst & Young
David Cash, Endurance
Colm Homan, PriceWaterhouseCoopers
Brad Adderley, Appleby
Susan Patschak, Canopius Underwriting Bermuda Limited
Bermuda Financial Services Conference Registration
For more information or to register for the Bermuda Financial Services Conference at The Harvard Club in New York City on September 30, 2009, please visit www.biba.org and click on the Bermuda Financial Services Conference logo on the homepage.
This year Conference participants will be able to view a preview of The Lion and the Mouse, the Story of America and Bermuda, the three part documentary mini series, produced and directed by Lucinda Spurling. Narrated by Michael Douglas, the film premiered at the Bermuda Film Festival 2009 to rave reviews and went on to win the Audience Award and the Bermuda Government's inaugural Doreen Lightbourn/Lionel Pearman Award. The film celebrates the 400 year anniversary of Bermuda with a tribute to its centuries-old relationship with the United States. Through character based recreations, battle recreations, interviews with historians and descendents, the film is both educational and entertaining
There is no cost to attend the event.
About the Bermuda International Business Association
The Bermuda International Business Association is a business organization of Bermuda resident service providers who provide quality banking, insurance, reinsurance, legal, accounting, financial, trust, management and e-commerce services and products to the international client. The Association works with the private sector and Government to develop and promote the island as one of the world's foremost centers for international business.
SOURCE Bermuda International Business Association
http://www.biba.org
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