If you are unable to attend but would like to receive
documentation from this conference,
please call 312.540.3010
If you have any questions please fill out an online inquiry.
If you would like to register for an ICM Conference please fill out an online registration form.
Special offer due to expansion: 2 delegates @
$1495.00
Please fax registration immediately to Alyson at (212) 983-8181
Or contact Alyson Smith in New York at (212) 983-3500 to register.
8:30 RE-REGISTRATION & COFFEE
9:00 CHAIRPERSON'S REVIEW OF DAY ONE
9:15 PANEL: Understanding And Complying With The Legal And Regulatory Issues Involved With A Successful Securitization Transaction (Understanding the latest legal and regulatory developments supporting securitization (Why has the Argentinean government modified their securitization efforts? (How are the legal and regulatory issues assisting and/or limiting further securitization transactions (Foreclosure procedures L. Cordell McCarry Douglas A. Doetsch General Counsel Partner WEYERHAUESER FINANCIAL SERVICES, INC. MAYER, BROWN & PLATT Senior Partner MCCARREY, VOGEL, GABRIEL & NEWELL, LLP., Lewis Rinaudo Cohen Partner CLIFFORD CHANCE
10:30 Evaluating The Advantages And Disadvantages Of Investing In Latin American Securitized Transactions (Assessing the risks and rewards (Analyzing the fundamental structural benefits of an emerging market securitization (Comparing the risks inherent in a securitization to those of a senior unsecured transaction David D.R. Bullock Vice President, Structured Finance MERRILL LYNCH
11:15 MORNING BREAK
11:30 Exploiting The Latest Credit Enhancement Techniques For Latin American Securitization (Why would issuers and investors want to use enhancers? (What are the benefits of an AAA guarantee? (Applications: Which types of transactions can be insured? (Examining the characteristics for a qualifying securitization transaction (Implementing qualifying features for a securitization program Joy Richardson Managing Director, Latin America CapMAC
12:15 LUNCHEON FOR DELEGATES AND SPEAKERS
1:30 Accounting & Taxation Matters Affecting Latin American Securitization (Sale versus Financing treatment (Consolidation issues (Accounting for future flows (FASB 125 (EITF 96-20 (Gain or loss calculations (Tax accounting methods (Calculation of ongoing taxable income (Cross border issues (Aftertax analysis & valuation Frank Dubas Partner DELOITTE & TOUCHE LLP., Terence B. Meyers, CPA, JD. Director DELOITTE & TOUCHE LLP
2:30 Rating The Performance And The Evolution Of Securitization In Latin America (A historical overview of the experiences and lessons of Latin American Securitization -Stress scenarios -Sovereign risk -Cash flows (Influences that impact the rating of a securitization: -Missed payments -Various shocks -Economic conditions (Thoroughly examining the "Tequila Effect" on other Latin American economies (Weakening the credit quality: A macro perspective on Mexican banks (Cash flows: How and why have they fluctuated? (Emerging from tradition private placement to public offerings: Examining the success (Anticipating future performance for Latin American Securitization transactions Rosario Buendia Vice President, International Structured Finance DUFF & PHELPS CREDIT RATING CO.
3:15 AFTERNOON BREAK
3:30 Understanding The Latest Risk Management Considerations & Methodologies In Emerging Markets (Evaluating the latest challenges and developments in market risk measurement and management (Assessing and managing country risk (Examining the influences of credit risk on Latin American paper (Various techniques for monitoring and controlling current credit risk levels -Credit scoring Uwe Bott Senior Vice President G E CAPITAL SERVICES STRUCTURED FINANCE GROUP, INC.
4:15 Protecting Your Investment: Practical Advice On How To Protect Your Ownership Or Secured Interest In The Collateral (Having a sufficient amount of collateral to guard against: -Credit risk -Currency risk -Interest risk (Understanding the creditor's ability to protect their interest in cash flows or asset (Examining the risks of having a secured interest versus an ownership interest (What component of the collateral is available to cover risk of the imposition of withholding tax (Recognizing the possibility of the courts substituting collateral (Bankruptcy Laws: -Foreign preference risk -Automatic foreign risk of that collateral proceeds could be subject to stay or delay James J. Croke, Jr. Partner CADWALADER, WICKERSHAM & TAFT
5:00 CHAIRPERSON'S CLOSING REMARKS
5:15 END OF CONFERENCE
If you are unable to attend but would like to receive
documentation from this conference,
please call 312.540.3010
If you have any questions please fill out an online inquiry.
If you would like to register for an ICM Conference please fill out an online registration form.
Special offer due to expansion: 2 delegates @
$1495.00
Please fax registration immediately to Alyson at (212) 983-8181
Or contact Alyson Smith in New York at (212) 983-3500 to register.