EMTA is pleased to present "Sovereign Debt Restructuring: A Better Way Forward?" in London on January 13, 2014 and in DC on January 16, 2014

EMTA is pleased to present "Sovereign Debt Restructuring: A Better Way Forward?" in London on January 13, 2014 and in DC on January 16, 2014

EMTA’s Special Seminar in London will be sponsored by Allen & Overy at their offices at One Bishops Square, London E1 6AD,beginning at 2:45 p.m. and scheduled to end at 5:00 p.m., after which Cocktails will be provided.

Speakers will include:

Yannis Manuelides (Allen & Overy) – Moderator

Charles Blitzer (Blitzer Consulting)

Marc Balston (Deutsche Bank)

Robert Gray (HSBC Holdings plc)

Dean Menegas (Spinnaker Capital Limited)

Ian Clark (White & Case)

Additional support for this event provided by Deutsche Bank and White & Case.

EMTA’s Special Seminar in DC will be sponsored by Arnold & Porter at their offices at 555 Twelfth Street, NW, Washington, D.C.,beginning at 11:45 a.m. and scheduled to end at 2:00 p.m., with Lunch provided.

Speakers will include:

Whitney Debevoise (Arnold & Porter) – Moderator

Arturo Porzecanski (American University)

Lawrence Goodman (Center for Financial Stability)
Mikis Hadjimichael (Institute of International Finance)

Elena Duggar (Moody's Investors Service)

Douglas Rediker (Peterson Institute for International Economics)

After the IMF’s proposal a decade ago for a Sovereign Debt Restructuring Mechanism (SDRM) was withdrawn, and the adoption of the IIF’s Principles of Stable Capital Flows and Fair Debt Restructuring and inclusion of collective action clauses (CACs) in EM bond issues, there have been various official sector and academic concerns about the existing mechanisms for restructuring sovereign bonds, particularly in response to developments in the European sovereign debt markets and pending litigation against Argentina.

On October 16, EMTA presented a panel of sovereign debt experts, who described a variety of current proposals, including those being discussed within the IMF, to reform aspects of the international architecture for restructuring sovereign bonds.  On November 5, another panel, composed of leading private sector representatives, gave their views on these proposals.  On December 18, yet another panel summarized these proposals and the private sector’s reactions to them, and then articulated a sensible path forward.

The London and DC panels will endeavor to replicate the December 18 New York panel, with a European and political emphasis, respectively, and are the fourth and fifth in a five-part EMTA series of panels on sovereign debt, the international architecture to restructure it and proposed reforms.

Attendance

Registration fee for EMTA members is US$95 / Non-members is US$695 / Credentialed Media Complimentary.

Registrations

To register for either event, please CLICK HERE if you have previously registered for an EMTA event or you are an EMTA member withlogin credentials.

Or, if you have never before registered for an EMTA event or you are an EMTA member without login credentials, please CLICK HERE.

Cancellations

For the January 13 Seminar in London, cancellations must be received by 2:45 p.m. (London time), Friday, January 10, 2014, or you will be charged the full amount. Substitute delegates may be sent at no additional charge. Please contact Evelyn Ramirez ateramirez@emta.org for any matters related to registration.

For the January 16 Seminar in DC, cancellations must be received by 11:45 p.m. (New York time), Wednesday, January 15, 2014, or you will be charged the full amount. Substitute delegates may be sent at no additional charge. Please contact Nadine Simonelli atnsimonelli@emta.org for any matters related to registration.

For more information on non-registration matters, please contact Aviva Werner at EMTA at +1 (646) 289-5412 or by email atawerner@emta.org.

EMTA offers a wide range of Emerging Markets information. Please see our website at: http://www.emta.org.

This e-mail was sent from EMTA, Trade Association For The Emerging Markets (eramirez@emta.org) to rolfjkoch@web.de.