IOSCO EMC Working Group IV Seminar
 
 
Programme
     
 

Enforcement Aspects of Takeover Regulation
IOSCO Emerging Markets Committee (EMC) Working Group IV Seminar
11-13 June 2008, Istanbul, Turkey

Wednesday, 11 June 2008
19:00 Welcome Reception
Thursday, 12 June 2008
08:00 – 09:00 Registration of Participants
09:00 – 10:00
Welcome, Opening Remarks and Introduction
Mr. Turan EROL (PhD.), Chairman, Capital Markets Board of Turkey
Mr. Artur K. Kluczny, Deputy Chairman, Polish Financial Supervision Authority
10:00-10:30 Coffee Break
10:30-11:45
Key issues in takeover regulation and supervision
Dr. Miroslaw Kachniewski, Director, The Association of Stock Exchange Issuers
Mr. Boguslaw Budzinski, Director, International Cooperation Department, Polish Financial Supervision Authority
11:45-12:30
IOSCO requirements on enforcement
Ms. Isabel Pastor, Senior Advisor, IOSCO Secretariat General
12:30-13:30 Lunch
13:30-14:30
Current trends in takeover regulation – theoretical approach
Asst. Prof. Dr. Ferna Ipekel, Yeditepe University, Faculty of Law
14:30-16:00
Takeover Panel – The UK Approach
Mr. Noel P. Hinton, Deputy Director General, The Takeover Panel
Friday, 13 June 2008
08:00-08:30 Registration of Participants
08:30-10:00
US Experience in takeover regulation and supervision
Mr. John Moon, Director, UBS-New York
10:00-10:30 Coffee Break
10:30-11:30
Malaysian (Emerging Markets Country) experience in takeover regulation and supervision
Mr. Dato' Kris Azman Abdullah, Executive Director, Issues & Investments, Securities Commission of Malaysia
11:30-12:30
Panel : Turkey practices on takeover regulations
Moderator: Mr. M. Emin ÖZER, Executive Board Member, Capital Markets Board of Turkey
Asst. Prof. Dr. Gül Okutan Nilsson, Istanbul Bilgi University, Faculty of Law
Dr. Yusuf Z. SÖNMEZ, Head of Legislation, Monitory and Supervisory Working Group, Legal Affairs Department, Capital Markets Board of Turkey
12:30-13:30 Lunch
13:30-15:00
Case study session:
Panel 1: Enforcement actions as a result of launching a bid
Mr. Eduardo Manhaes Ribeiro Gomes, Director, Comissăo de Valores Mobiliários, Brasil
Mr. Kenneth R. Lench, Assistant Director, Division of Enforcement, US SEC
Mr. Raven Holst, Takeover Department, BaFIN, Germany
Mr. Wayne H. Smith, Deputy Head, Trading and Market Infrastructures Department, Autorité des marchés financiers
15:00-15:30 Coffee Break
15:30-17:00
Case study session:
Panel 2: Determining the bid minimum price
Mr. Noel Hinton, Deputy Director General, The Takeover Panel
Mr. Kenneth R. Lench, Assistant Director, Division of Enforcement, US SEC
Mr. Francisco Gimenez, Comisión Nacional del Mercado de Valores, Spain
17:00-17:30
Final Remarks and Closing
Mr. Boguslaw Budzinski, Director, International Cooperation Department, Polish Financial Supervision Authority
Ms. Tuba Altun, Head of International Relations Group, Capital Markets Board of Turkey