Press releases & News
16-Sep-2019
Press Release - Treasury Markets Summit 2019
16-Sep-2019
Press Release
Treasury Markets Summit 2019
The Treasury Markets Summit 2019, jointly organised by the Hong Kong Monetary Authority (HKMA) and the Treasury Markets Association (TMA), was held today (Monday) in Hong Kong.
In his keynote address, Mr Norman Chan, Chief Executive of the HKMA, shared his insights on how Hong Kong has successfully developed itself into a risk management hub. He emphasized the importance of attracting genuine financial flows in improving and innovating Hong Kong’s risk management capability. He also highlighted several important developments in the last decade that were instrumental to Hong Kong’s rise to become the risk management hub in Asia. He encouraged Hong Kong’s financial industry to work closely with the regulators in developing risk management framework and practices that are most suited for our market needs.
The Summit’s panels covered three important topics, including the global economic outlook, the transition challenges arising from the potential discontinuation of LIBOR and the impact of new technologies on treasury operations and market dynamics. The three panels were moderated respectively by Mr Howard Lee, Deputy Chief Executive of the HKMA and Chairman of TMA Executive Board, Ms Vicky Cheng, Head of Government and Regulatory Affairs, Asia Pacific, Bloomberg L.P. and Mr Neil Pabari, Managing Director, North Asia, Refinitiv, and joined by distinguished guest speakers from the financial industry.
The Summit was attended by over 450 local and overseas participants, including representatives from regulatory authorities, government officials, treasury market practitioners, asset managers as well as senior executives and professionals from banks, other financial institutions and corporates.
Hong Kong Monetary Authority
Treasury Markets Association
16 September 2019
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Mr Norman Chan, Chief Executive of the HKMA, gives the welcoming remarks and keynote speech at the Treasury Markets Summit 2019 held in Hong Kong.
Mr Howard Lee, Deputy Chief Executive of the HKMA and Chairman of the TMA Executive Board (first from left), shares his views on global economic outlook. Joining him on the panel discussion are Mr Justin Chan, Co-Head of Markets, Asia Pacific, The Hongkong and Shanghai Banking Corporation Limited (second from left); Mr Rayson Chung, Managing Director, Head of North Asia Treasury & Chief Investment Office APAC, JP Morgan Chase Bank National Association (third from left); Dr Cui Li, Chief Economist, Managing Director, Head of Macro Research, CCB International Limited (second from right); and Dr Wang Tao, Managing Director, Chief China Economist, Head of Asia Economics, UBS Investment Bank (first from right).