35th IOSCO Annual Conference kicks offMontréal welcomes more than 650 representatives and experts from world finance

Securities

Montréal – Today marks the start of the 35th Annual Conference of the International Organization of Securities Commissions (IOSCO) at the Palais des congrès. More than 650 representatives and experts from the financial industry and market regulators from around the world will be meeting at this prestigious event through Thursday evening.

"The AMF is proud to be hosting the IOSCO's 35th Annual Conference at such a pivotal time in the history of international financial regulatory co-operation. IOSCO and other influential members of world finance will pursue major initiatives in Montréal aimed at building a stronger global financial framework," noted Jean St-Gelais, President and CEO of the Québec Autorité des marchés financiers (AMF).

The 35th IOSCO Annual Conference, which is being held only two weeks before the G20 Summit, is a pre-eminent discussion platform for financial experts from around the world and an opportunity for observers to participate in the discussions held during the public portion of the Conference.

Prominent speakers

Among the highlights of the Conference will be the address given by Québec Finance Minister Raymond Bachand during the opening ceremony on Wednesday, June 9, and the address by Paul A. Volcker, Chairman of President Obama’s Economic Recovery Advisory Board, ahead of the first public panel. On Thursday, June 10, the Governor of the Bank of Canada, Mark Carney, will address hundreds of participants just prior to the second panel. A total of four public panels will be held on June 9 and 10, attended by eminent international experts who will discuss major issues relating to financial market regulation.

Panel 1: Striving for a Common Regulatory Approach

Moderator:
Jean-Pierre Jouyet, Chairman, Autorité des marchés financiers, France

Panelists:
Robert L. Bunting, President, International Federation of Accountants (IFAC)
Masamichi Kono, Vice Commissioner for International Affairs, Financial Services Agency, Japan
Madhu Kannan, Managing Director and Chief Executive Officer, Bombay Stock Exchange Ltd. (BSE)
Deven Sharma, President, Standard & Poor’s
Martin Wheatley, Chief Executive Officer, Securities and Futures Commission of Hong Kong

Panel 2: Impacts of the Proposed Regulatory Reforms on Unregulated or “Less-Regulated” Market Segments

Moderator:
Louis Morisset, Superintendent, Securities Markets, Autorité des marchés financiers (AMF), Québec, Canada

Panelists:
Tony D’Aloisio, Chairman, Australian Securities and Investments Commission (ASIC), Australia; CoChairman of IOSCO’s Task Force on Unregulated Financial Markets and Products
Malcolm D. Knight, Vice-Chairman, Deutsche Bank
Todd Groome, Chairman, The Alternative Investment Industry Association (AIMA)
T. Timothy Ryan, Jr., President & CEO, Securities Industry and Financial Markets Association (SIFMA)

Panel 3: Adapting to an Ever-Changing Marketplace

Moderator:
Martin Wheatley, Chief Executive Officer, Securities and Futures Commission, Hong Kong

Panelists:
Gary D. Cohn, President and COO, The Goldman Sachs Group, Inc.
Tom Kloet, Chief Executive Officer, TMX Group
John Lowrey, CEO, Chi-X Global
Maria Helena Santana, Chairperson, Securities Commission, Brazil
David Wilson, Chair, Ontario Securities Commission (OSC)

Panel 4: New Challenges and Latest Hot Button Issues for Financial Market Regulators

Jane Diplock, Chairperson, IOSCO Executive Committee, will deliver an address prior to the panel.

Moderator:
Hector Sants, Chief Executive Officer, Financial Services Authority (FSA), United Kingdom

Panelists:
C.B. Bhave, Chairman, Securities and Exchange Board of India (SEBI), India; Chairman, IOSCO Asia-Pacific Regional Committee, Member, Executive Committee, Technical Committee, Emerging Markets Committee, and Emerging Markets Committee Advisory Board
Gary Gensler, Chairman, Commodity Futures Trading Commission (CFTC), USA
Hans Hoogervorst, Chairman, Authority for the Financial Markets, Netherlands; Vice-Chairman, IOSCO Technical Committee; Chairman, International Accounting Standards Committee Foundation (IASCF) Monitoring Board
Mary L. Schapiro, Chairman, Securities and Exchange Commission (SEC), USA
Tiff Macklem, Chairman of the Financial Stability Board (FSB) Standing Committee for Standards Implementation, Canada

The complete 35th IOSCO Conference Program is available at www.iosco2010.com.

About IOSCO

IOSCO is the leading forum of international co-operation among securities regulators. Its members are from more than 100 jurisdictions and regulate over 95% of securities markets. IOSCO’s primary mission is to establish and promote high international standards aimed at ensuring greater transparency and effectiveness of securities markets, protecting investors and facilitating co-operation among regulators in combating cross-border economic crime.

About the AMF

The Autorité des marchés financiers (AMF) is the regulatory and oversight body for Québec’s financial sector. The AMF is a founding member of IOSCO, which was created in 1983.

— 30 —

Information:

Media only:
Sylvain Théberge: 514-940-2176

Information Centre:
Québec City: 418-525-0337
Montréal: 514-395-0337
Toll-free: 1-877-525-0337