Modern Trends of Legal Regulation for the Over-the-Counter Derivatives Market

On the 22nd of October 2015, the HSE-Skolkovo Institute for Law and Development in conjunction with the Central Bank of Russia will host an international research seminar on the legal regulation of derivates.

The relevance of the theme of the event is directly linked to current trends in capital markets, which are deep in crisis and turmoil. The objective of the meeting is to present experience across jurisdictions concerning the regulation of the 'over-the-counter' derivatives market, as well as to engage a discussion on issues relating to Russian legal reform in this area, including the advance of Bank of Russia specific initiatives directed at the establishment of a Central Counterparty Institution.

Content on foreign regulation will be presented by leading cross-border experts on financial market law. The speaker roster: Harvard University professor Hal S. Scott, leading legal expert on finance and securities; Hong Kong University professor Douglas Arner, the direct, first-hand creator of the regulatory model that has made the Hong Kong financial miracle possible; Professor Theodore Baums, Director of the Institute of Law and Finance at the Geothe University of Frankfurt, Germany; Professor Patrick Leyens, Erasmus University, Rotterdam, and the Max Planck Institute for Comparative International Private Law, Hamburg; Professor Jens Ekkenga of the Universities of Giessen and Frankfurt, Germany; and Martin Glajch, Senior Advisor at the Československá Obchodní Commercial Bank, Czech Republic.

The opportunity to build new Russian regulatory models in the financial markets will be discussed at the seminar jointly with the Central Bank. In particular, we welcome the participation of the first Deputy Chairman of Bank of Russia, Sergey Shvetsov, and the Director of the Department for the Development of Financial Markets, Elena Tchaikovsky, together with other Central Bank officials.

Please see expanded seminar description.