DAY TWO

  ETRC   LEGAL STREAM - ETCC
(Energy Trading Corporate Counsel Summit)
08:00 Registration & coffee 08:00 Registration and coffee
09:00 Opening comments from the Chairman 09:00 Welcome from Commodities People
    09:05 Opening comments from the Chairman
  REGTECH    
09:05
CASE STUDY: 
DXT Commodities experience of utilising RegTech to stay ahead of developing national regulations
   
 
  • Selection: The decision to use the Correggio solution
  • Implementation and best practises in collaborating with solution partners
  • Benefits realised in short, medium and long term
  • Planned future developments for the platform

Carlotta Zerega, Head of Legal Department, DXT Commodities

Jan Haizmann, Managing Director, Correggio Consulting

   
09:25
 PANEL: 
Overcoming the complexity of reporting
09:10
PANEL:
Corporate counsels, boardroom, compliance functions – How do they fit together
 
 

 

  • Brief overview of the reporting obligation
  • How do you cope with the increased volume and granularity of data needed?
  • Data collection challenge
  • Automating reporting requirements: How far can you go, and with what technology support?
  • What is digital regulatory reporting?
    • Where are we with the FCA test?
    • Preventing the gap between the requirement and the interpretation of that requirement
    • Legal risk around responsibilities, data monitoring and interpretation

Prof. Dr. Sotirios Manolkidis, Vice - President, Regulatory Authority for Energy

 
This session will enable legal counsels and compliance officers to have an honest discussion about their respective roles and how they should work together: where should legal take the lead, where should compliance make the call. How do you manage to instore a relationship of trust between these functions that have to work together and to work with external parties as well.
 
 
Moderator: Petra Hirsch, Vice President International Law and Global Trading, Uniper
 
Henrik Kaspersen, Compliance Officer, Danske Commodities
 
Brigitte Hendrikse, External Legal Counsel, Gulf Gas+Power
 
Ailsa Harding, Associate General Counsel, Centrica Energy Marketing and Trading
10:05

CASE STUDY: 
Trade surveillance under MAR and REMIT: Focus on insider trading detection 

   
 
  • Insider trading surveillance - Overview and main challenges
  • Possible approaches for insider trading detection
  • Tools at hand to detect insider trading: What data, systems and procedures do you need?

Guido Zanetti, Managing Director - Global Power & Utilities, Protiviti

Lorenzo Romanò, Senior Manager - Power & Utility and Financial Institutions, Protiviti

   
 
 
  REGULATIONS
10:25
DISCUSSION:
Trade surveillance: scope
09:50
PRESENTATION:
European regulations vs US regulations: What can we learn one from another?
 
  • How do you determine what is the appropriate level of surveillance?
  • Looking at comms surveillance
  • Advanced surveillance methods.
  • What do you monitor?
  • What we can learn from the recent cases

Yasmine LiHead of EMEA SurveillanceMacquarie

John FahsHead of Compliance for Market RegulationsStatkraft Energi AS

Justin NathanSurveillance Chief Technical OfficerCrédit Suisse

Cornelia Kawann, Head of Division Market Surveillance, Federal Electricity Commission - ElCom

Aviv Handler, Managing Director, ETR Advisory

Shane Henley, Head of Monitoring Solutions, CubeLogic


 
 
  • Overview of the current regulatory landscape
  • Spotlight on Xbid: What changes for the Whole sale energy market did it bring?
  • MiFID II, EMIR and MAR: How their US equivalents have performed so far
  • Reviews ahead: What can we expect?
 
11:05
Networking Break
 
During the networking break, there will be an area dedicated to pre-arranged meetings
10:15
PRESENTATION: 
Regulatory enforcement on market abuse cases with cross border impact
12:00
 
 
CASE STUDY: 
Trade surveillance implementation

 

 

In this session, we will explore market abuses cases under both REMIT and MAR and their impact when it involved cross border trading.

Brigitte Hendrikse, External Legal Counsel, Gulf Gas+Power

12:15

DISCUSSION:
Trade surveillance: The technical angle

10:40
PRESENTATION:
Fragmentation of insolvency laws
 
  • What is an appropriate expenditure level?
  • Data sourcing - where do we get the data from?
  • Enhanced data analytics
  • Calibration: Managing the alerts, dealing with false positives
  • Embedding a surveillance system within the firm

Yasmine LiHead of EMEA SurveillanceMacquarie

Justin NathanSurveillance Chief Technical OfficerCrédit Suisse

Nick Wallis, Associate Vice President - Market Ttechnology, NASDAQ SMARTS

Tomaz Vizintin, Team leader Market Surveillance and Conduct Department, ACER

Aviv Handler, Managing Director, ETR Advisory

Gordon Allott, President & CEO, BroadPeak

 
  • Updates on the German regimes
  • Consequences of Brexit on cross-border insolvency

Jan Haizmann, Chairman of the Legal Committee, EFET

12:55
Networking Lunch
11:00 Morning Break
      TECHNOLOGY
14:00
Algo trading in energy trading: Compliance and good practice
12:00
PRESENTATION:
New technologies and contracts – The check-list
 
  • Development and testing phase: What should be the role of the legal and compliance department throughout?
  • Deployment of the system: The check-list for the legal counsel
  • Implementing systems and controls under MiFID II
  • Risk identification: Making sure you ask the right question

Moderator: Volinka Augustenborg, Senior Legal Counsel, Ørsted

Oliver Spindler, Compliance Officer, Vattenfall

Moritz Muck, Legal Counsel, BKW

Cornelia Kawann, Head of Division Market Surveillance, Federal Electricity Commission – ElCom

 
  • Looking at the scope of smart contracts
  • Smart contracts and contract law
  • Where do the authorities stand with this type of contracts?
  • Hoping for the best, planning for the worst: What is your incident response plan to any failure in the application or breach of such contracts?
  NEW CHALLENGES    
14:45
Sustainable finance: What you should keep an eye on
12:30
PRESENTATION:
Algorithmic trading: Your role as a legal professional
 
  • The context of Sustainable Finance
  • Impact on investments - How could this affect trading?
  • Energy industry interests
Peter Krusaa, Senior Lead Regulatory Advisor - Regulatory Affairs, Ørsted
 
 
  • What are the challenges that the use of algos bring?
  • What does MiFID II say?
  • Testing and deployment phase: What you should watch out for
  • Liabilities: Who’s responsible in case of breaches?
  • What about the algos used for the physically-traded products? Requirements of MIFID II to be extended?

Volinka Augustenborg, Senior Legal Counsel, Ørsted

 
The Securities Financing Transactions Regulation – Why it must be on your radar
13:00 Lunch break
 
 
  • What are securities financing transactions?
  • As a commodity dealer, can you be in scope of SFTR?
  • Preparing for the 2021 deadline
    • SFT reporting
    • Data collection and availability
    • Defining access levels
    • Registration and extension of registration of TRs

Riccardo Rossi, Head of Regulatory Affairs, Centrica 

 

 

 

GREEN CONTRACTS AND OTHER CHALLENGES

Chairperson - Jan Haizmann, Chairman of the Legal Committee, EFET

14:15 Brexit and contracts - Where are we now?
 
  • What is the general context?
    • An update on the political situation: Where do we stand with negotiations?
    • What impact Brexit will have on the markets?
  • Choosing the governing law for new contracts
  • What will be the effect of Brexit on the existing contracts?
  • ETS: Possible scenarios
  • Will we see an increase of contract terminations in light of Brexit?
  • What happens after the transitional period?

Dr Peter Werner, Senior Counsel, ISDA

Dr Joanna Perkins, Chief Executive, Financial Markets Law Committee - FMLC

 
 
15:30 Afternoon Networking break
 
   
16:00 How is the Senior Managers and Certification Regime affecting you? 14:55
PRESENTATION:
Optimising the use of bank guarantees 
 
Applicable from 9th December 2019 to all FSMA-authorised firms, SMCR aims at improving culture and governance and accountability within financial services firms. What does this require exactly? How is this impacting energy trading companies? Should we prepare for something similar in other parts of Europe?
 
Jonathan Hill, Regulatory Compliance Manager - Ethics & Compliance – Integrated Supply & Trading, BP International Limited
 
  • What is available in your toolkit of guarantees?
  • Fit for purpose: Optimum use of each tool
  • Drafting and negotiation of bank guarantees
  • Advising on structured financing and drafting of pre-financing agreements
16:20
PANEL: 
How to prepare for Brexit
15:20
Afternoon Networking break
 
This part of the programme will address the current situation around Brexit, its consequences on EU companies, British companies and the markets, including talks on the latest negotiations, market disclosure, contract law,  physical movements of products, etc.
 
Séverine Turgis, Brexit and Economic Policy Manager, Energy UK
 
Vincenzo Anghelone, Lead Compliance Analyst, Equinor
 
Nick Jackson, General Counsel, Griffin Markets
 
 
    15:50 Development of PPAs - Best practices 
     

In this session, you will better understand the role of the legal counsel in the preparation, negotiation and execution of the PPAs as well as get clarity on the guarantees of origin.

Federico Piccaluga,General Counsel,Duferco

 
 
16:20
Guarantees of origin in the context of green certificates: A booming area
 
Regina Mandic, Regulatory Affairs Coordinator, Verbund
17:20
Closing comments from the Chairman
16:50 Closing Comments
17:30 Thank you - End of Summit 17:00 Farewell Reception

 

 

Commodities People
Level 39
One Canada Square
Canary Wharf
London E14 5AB

Commodities People

Jan Van Aken

Organisation: EFET
Position: Secretary-General 


Speaker Bio

BIO TO FOLLOW...

MIKAEL KREINER

Mikael

Organisation: ØRSTED
Position: Head of Back Office


Speaker Bio

BIO TO FOLLOW...

PAUL VAN SON

Organisation: EFET
Position: Honorary President


Speaker Bio

BIO TO FOLLOW...

RAHUL MALIK

Organisation: CENTRICA
Position: Head of Trading IT


Speaker Bio

BIO TO FOLLOW...

Graziano Di Giacomo

GRAZIANO DI GIACOMO

Organisation: ENEL
Position: Head of Trading & Financial Back Office

 


Speaker Bio

BIO TO FOLLOW...

HUGH BRUNSWICK

HUGH BRUNSWICK

Organisation: ETOT ADVISORY BOARD
Position: Chairman


Bio

Hugh Brunswick is a Chief Executive Officer at Equias B.V. He has overseen the introduction and development of several EFETnet services that implement the EFET Standards and the steady growth of the user community with a focus on operational process automation, compliance and innovation.

Hugh is a former Managing Director of EFETnet. He is a graduate of the University of Manchester with BSc (Hons) Physics and MSc Computer Science.

ALAN TAYLOR

ALAN TAYLOR

Organisation: AXPO
Position: Head of Trading IT & Back Office

 


Bio

With a career in energy trading spanning nearly 20 years, and having worked across utilities, oil trading, banking and consulting, Alan brings a wealth of experience from across the world of energy trading.

JAN HAIZMANN

JAN HAIZMANN

Organisation: EFET
Position: Chairman of the Legal Committee

 


Speaker Bio

BIO TO FOLLOW...

JAMES RONNIE

JAMES RONNIE

Organisation: GAZPROM MARKETING & TRADING
Position: Digital Trading Manager

 


Speaker Bio

BIO TO FOLLOW...

JÖRG REICHELT

Organisation: ENBW
Position: Head of Settlement

 


Speaker Bio

BIO TO FOLLOW...

Roland Back

ROLAND BÄCK

Organisation: OMV
Position: Head of ETRM & Trading Process Management

 


Speaker Bio

BIO TO FOLLOW...

ANTONIO SEVILLA CERVANTES

ANTONIO SEVILLA- CERVANTES

Organisation: ENDESA
Position: Head of Back Office

 


Speaker Bio

BIO TO FOLLOW...

GARY VASEY

GARY VASEY

Organisation: COMTECH ADVISORY
Position: Partner & Managing Director

 


Speaker Bio

BIO TO FOLLOW...

Elena Cretti

ELENA CRETTI

Organisation: EDISON
Position: Head of Back Office

 


Speaker Bio

BIO TO FOLLOW...

Dirk Daveluy

DIRK DAVELUY

Organisation: RWE SUPPLY & TRADING
Position: Brokers & Exchanges Relationship Manager, Ops & Affairs

 


Bio

Experienced Senior Expert with a demonstrated history of working in the oil & energy industry. Strong operations professional skilled in Gas, Commodity Risk Management, Market Risk, Lean Management, and Training Delivery. 

Aviv Handler

AVIV HANDLER

Organisation: ETR ADVISORY
Position: Managing Director

 


Bio

Set up ETR Advisory in 2013, the vehicle via which he is offering his own services. ETR is focused on the regulation of the energy, commodity and financial markets, covering rules such as EMIR, REMIT, MiFID II and MAR and the impact of Brexit . More recently this has focused on the introduction of anti abuse procedures and trade surveillance systems. He has recently started to cover the regulatory aspects of blockchain and crypto-currency use.

He sets up ETR following a stint at SunGard Consulting Services, leading the setup of the European Energy Compliance Centre of Excellence, which provided extensive thought leadership in the field.

Gotz Dittrich

DR. GÖTZ DITTRICH

Organisation: EUROPEAN COMMODITY CLEARING
Position: Chief Operating Officer

 


Speaker Bio

BIO TO FOLLOW...

Mario Claeys

MARIO CLAEYS

Organisation: UNIPER GLOBAL COMMODITIES SE
Position: Head of Exchange and Margining


Bio

Holding Risk Committee positions at major market leading companies for more than 10 years, Mario Claeys has a strong professional with strategic view and profound experience in advising Exchanges and CCP's on board level.Mario Cleays has expertise in a wide range of Exchange and Clearing related topics like market structures & development, market surveillance / supervision, pricing methodologies, regulations, clearing mechanisms, commodity and clearing related risk, default management but also commercial negotiations, both in market maker arrangements and clearing agreements.

Jerome Le Page

JEROME LE PAGE

Organisation: EFET
Position: Director for European Electricity Markets

 


Speaker Bio

BIO TO FOLLOW...

Michele Governatori

MICHELE GOVERNATORI

Organisation: AXPO
Position: Head of Public & Regulatory Affairs, President AIGET & EER

 


Speaker Bio

BIO TO FOLLOW...

Gavin Ferguson

GAVIN FERGUSON

Organisation: EFET
Position: Head of Standardisation Workstream


Bio

Gavin Ferguson has worked within the Gas and Power industry for nearly 40 years. He has worked on many initiatives and served on industry Committees led by OFGEM, FIA, EFET and National Grid. He recently retired from his role at Centrica, but is still very active within the industry.

He is currently involved as the Facilitator on the Enerchain project, where he is the point of liaison between the energy trading companies and Ponton, the company who are developing the project.

Gavin also leads the recently-created Standardisation work group at EFET, where he is focussed on eSM (Electronic Settlement Matching). 

Surya Ayyagari

SURYA AYYAGARI

Organisation: UNIPER GLOBAL COMMODITIES SE
Position: Senior Data Manager

 


Speaker Bio

BIO TO FOLLOW...

Matteo Paganucci

MATTEO PAGANUCCI

Organisation: ENGIE ITALY
Position: Head of Back Office

 


Speaker Bio

BIO TO FOLLOW...

Agnese Moroni

AGNESE MORONI

Organisation: ENGIE ITALY
Position: E-Invoicing Project Manager

 


Speaker Bio

BIO TO FOLLOW...

Ian Murrin

IAN MURRIN

Organisation: DIGITERRE
Position: Founder & CEO

 


Speaker Bio

BIO TO FOLLOW...

Veronica Musumeci

VERONICA MUSUMECI

Organisation: ERG
Position: Head of Back Office Energy Management

 


Speaker Bio

BIO TO FOLLOW...

Volodymyr Sorokoumov

VOLODYMYR SOROKOUMOV

Organisation: UNIPER
Position: Senior Data Manager; Big Data & Advanced Analytics

 


Speaker Bio

BIO TO FOLLOW...

Neil Pennington

NEIL PENNINGTON

Organisation: ENERGY WEB FOUNDATION
Position: Strategic Adviser

 


Speaker Bio

BIO TO FOLLOW...

Christian Baer

CHRISTIAN BAER

Organisation: EUROPEX
Position: Secretary General

 


Speaker Bio

BIO TO FOLLOW...

DALE EMMERSON

DALE EMMERSON

Organisation: EQUIAS
Position: Trading & Markets Consultant


Speaker Bio

BIO TO FOLLOW...

KETAN KOTHARI

KETAN KOTHARI

Organisation: BLUE PRISM
Position: Director - Resources EMEA


Speaker Bio

BIO TO FOLLOW...

IAIN MCGOWAN

IAIN MCGOWAN

Organisation: CENTRICA
Position: Head of Ethics & Compliance


Speaker Bio

BIO TO FOLLOW...

TILO ZIMMERMANN

TILO ZIMMERMANN

Organisation: PONTON
Position: Managing Director


Speaker Bio

BIO TO FOLLOW...

ALEXANDER MCDONALD

ALEXANDER MCDONALD

Organisation: EUROPEAN VENUES & INTERMEDIARIES ASSOCIATION
Position: CEO


Speaker Bio

BIO TO FOLLOW...

GORDON ALLOT

GORDON ALLOT

Organisation: BROADPEAK
Position: CEO


Speaker Bio

BIO TO FOLLOW...

HUGO STAPPERS

HUGO STAPPERS

Organisation: PIONEER SOLUTIONS
Position: Director of Sales & Marketing EMEA


Speaker Bio

BIO TO FOLLOW...

KATIE GIBBS

KATIE GIBBS

Organisation: BJSS
Position: Head of AI


Speaker Bio

BIO TO FOLLOW...

DR JENS BARTENSCHLAGER

DR JENS BARTENSCHLAGER

Organisation: FIDECTUS
Position: CEO


Speaker Bio

BIO TO FOLLOW...

RANDY WILSON

RANDY WILSON

Organisation: AQUILON ENERGY SERVICES
Position: CEO


Speaker Bio

BIO TO FOLLOW...

TRAVIS NADELHOFFER

TRAVIS NADELHOFFER

Organisation: NORTHGRAVITY
Position: CEO


Speaker Bio

BIO TO FOLLOW...

KASPER WALET

KASPER WALET

Organisation: AIENERGIZER
Position: Founder


Speaker Bio

BIO TO FOLLOW...

AIDEEN CARDIFF

AIDEEN CARDIFF

Organisation: IBM
Position: Watson AI & Industry Channel Leader UKI


Speaker Bio

BIO TO FOLLOW...

HENRY BROWN

HENRY BROWN

Organisation: BJSS
Position: Head OD


Speaker Bio

BIO TO FOLLOW...

FLORENT ARRIGHI

FLORENT ARRIGHI

Organisation: GININI ANTIPODE
Position: Senior Manager


Speaker Bio

BIO TO FOLLOW...

JAKOB HOLZNER

JAKOB HOLZNER

Organisation: ENERGIE AG
Position: P2P Project Lead


Speaker Bio

BIO TO FOLLOW...