Welcome to the Conference of the World Forum of Central Securities Depositories. This year it will be held in Prague across three days between 24 and 26 of May. Below in the agenda section you will find details on the themes that will be explored.
Registration for WFC2023 is open! Please click on the Register button at the top of the page for more information.
If you would like us to get in touch on the sponsoring of the event, please contact the organisers here.
We will also be announcing further details and new speakers shortly, so check back the website for regular updates.
Facilitating cross-border investment flows
FMI DLT pilots: lessons learned and challenges ahead
Settlement efficiency
Vision for the Global Post-trade
Systemic risk in Post-trade
Since January 2017, Lieve Mostrey has been Chief Executive Officer of Euroclear Group.
Ms. Mostrey joined Euroclear in October 2010 as Executive Director and Chief Technology and Services Officer of the Euroclear Group and an Executive Director of the Board.
Prior to Euroclear, Ms. Mostrey was a member of the Executive Committee of BNP Paribas Fortis in Brussels, where she was responsible for IT technology, operations, property and purchasing. Ms. Mostrey began her career in 1983 within the IT department of Generale Bank in Brussels, moving to Operations in 1997 and, upon its merger with Fortis in 2006, became country manager for Fortis Bank Belgium. She became Chief Operating Officer of Fortis Bank in 2008, which was acquired by BNP Paribas in 2009.
Ms. Mostrey was previously a Non-Executive Director of SWIFT, RealDolmen, Visa Europe and of Euroclear. She was until recently a member of the Supervisory Board of Euronext.
Lieve Mostrey is a member of several initiatives contributing to develop the financial sector:
She is a member of Women in Finance created by Febelfin. This initiative aims to unite
financial organisations to tackle gender diversity and share best practices.
She is also a member of the Strategic Committee of the Federation of Belgian
Enterprises (FEB). The FEB is the only multi-sector employers’ organisation
representing companies in all three regions of Belgium.
She is also involved in education and sits on the General Council of the Vlerick
Business School in Belgium.
She has recently become a member of the Board of JA Europe, Europe’s largest provider of education programmes for entrepreneurship, work readiness and financial literacy.
Having earned a degree in civil engineering from Katholieke Universiteit Leuven in 1983, Ms. Mostrey completed a post-graduate degree in economics from Vrije Universiteit Brussel in 1988.
As a hobby, Lieve Mostrey enjoys playing golf.
Stephan Leithner has been appointed as Member of the Executive Board of Deutsche Börse Group at the beginning of July 2018. He is responsible for the Group’s post-trading business (Clearstream), and pre-trading (ISS, Qontigo) businesses.
Stephan Leithner served as a Partner of the leading alternative investments firm EQT since 2016. Previously, he acted as a Member of the Management Board of Deutsche Bank AG from 2012 until 2015, where he had held a number of leadership positions in Global Banking since 2000. Further work stations include McKinsey & Company as well as the Swiss Institute for Banking and Finance in St. Gallen, Switzerland.
He has a PhD in Finance and a Master in Business Administration from University of St. Gallen.
Michele Hillery is General Manager of Equity Clearing and DTC Settlement Service at The Depository Trust & Clearing Corporation (DTCC). In this role, Michele has direct responsibility for the day-to-day management of equity clearing for trades executed on the major U.S. exchanges and other equity trading venues. She also oversees our ongoing efforts to collaborate with and build industry support for modernizing and transforming DTCC’s core businesses.
Michele has over 20 years in the industry and has held various positions within Product Management, Quality Assurance and Operations. Prior to joining DTCC’s Equity Clearing Product Management in 2013, Michele led the Fixed Income Clearing Corporation’s Mortgage Backed Securities Division (MBSD) where she managed the operations of the business and had responsibility over project development.
She earned a BBS from University of Limerick, Ireland and a MS from New York University.
Olga Cantillo is the Executive President and CEO of Latin American Stock Exchange (Latinex). She has over 30 years of professional experience in the financial services industry.
Ms. Cantillo is currently also President of the Ibero-American Federation of Stock Exchanges (FIAB), Director of the Central Securities Depository Association of the Americas (ACSDA), Secretary of the Association of Capital Markets of the Americas (AMERCA), Member of the Independent Advisory Committee of the UN Sustainable Stock Exchanges Initiative (SSE), Independent Director of BI-Bank Panama, and Director of Fundación Calicanto.
Financing, facilitation of links, and removing other hurdles
How do the two worlds of DLT native and traditional book-entry securities work together?
What is the difference between securitisation and tokenisation of assets?
Can tokenisation and servicing of tokenised assets by a Settlement System Infrastructure inject liquidity and trust in the new market segments?
“Same activities, same risk, same rules” – is it so true?
Now that we have seen some failures, e.g. FTX, what regulation should apply to DLT Settlement Systems and their operators?
Market Architecture: from a technical perspective, both DLT and centralised IT technologies do not prevent to collapse the infrastructure roles, was the regulation right in separating the role or is there a difference in DLT that justify such a collapse now?
Business case: is the technology too expensive for all actors to co-sign to use it? Will it lead to more fragmentation?
Interoperability: what do we learn from the first cross-chain repo swap (between HQLAx and Fnality) with different DLT technologies? How do smart contracts further enable automation, e.g. for corporate actions?
The difference in efficiency between single and multi-currency/CSD/timezone markets
What’s new and upcoming for:
Financing, facilitation of links, and removing other hurdles
How do the two worlds of DLT native and traditional book-entry securities work together?
What is the difference between securitisation and tokenisation of assets?
Can tokenisation and servicing of tokenised assets by a Settlement System Infrastructure inject liquidity and trust in the new market segments?
“Same activities, same risk, same rules” – is it so true?
Now that we have seen some failures, e.g. FTX, what regulation should apply to DLT Settlement Systems and their operators?
Market Architecture: from a technical perspective, both DLT and centralised IT technologies do not prevent to collapse the infrastructure roles, was the regulation right in separating the role or is there a difference in DLT that justify such a collapse now?
Business case: is the technology too expensive for all actors to co-sign to use it? Will it lead to more fragmentation?
Interoperability: what do we learn from the first cross-chain repo swap (between HQLAx and Fnality) with different DLT technologies? How do smart contracts further enable automation, e.g. for corporate actions?
The difference in efficiency between single and multi-currency/CSD/timezone markets
What’s new and upcoming for:
To see the success of the WFC2022 event and the speakers that we had participate, re-visit the website here
The Asia-Pacific Central Securities Depository Group (ACG) was formed in November 1997 with the objective to facilitate the exchange of information and to promote mutual assistance among member securities depositories and clearing organizations in the Asia Pacific region.
Our purpose is to share information and experiences among our members, develop work and promote recommendations of best practices in securities deposit, clearing, settlement, efficiency and risk management, as well as assisting in the adaptation of securities market regulations and serving as a channel for dialogue with other organizations worldwide.
The Association of Eurasian Central Securities Depositories (AECSD) unites 16 Central Securities Depositories in 15 countries of the Eurasia region. The Association’s mission is to provide a platform for sharing ideas for development and enhancement of depository operations, creating a common depository space, and integrating the CSDs – the AECSD’s members into the global securities settlement system.
AMEDA was established in April 27 2005, its first meeting was held in New York prior to the CSD8 conference. AMEDA is a non-profit organization comprised of Central Securities Depositories and Clearing Houses in AFRICA & The MIDDLE EAST . AMEDA’s main purpose is to be a forum for the exchange of information and experiences among its members in a spirit of mutual cooperation and to promote best practice recommendations in services such as securities depository, clearance, settlement, and risk management. AMEDA’s goal is also to support local markets in their efforts to adopt securities market regulations, while considering their specific circumstances and to serve as a dialogue channel with other organizations worldwide .
ECSDA represents 40 national and international central securities depositories (CSDs) across 36 European countries. The association provides a forum for European CSDs to exchange views and take forward projects of mutual interest. It aims to promote a constructive dialogue between the CSD community, European public authorities, and other stakeholders aiming at contributing to an efficient and risk-averse infrastructure for European financial markets.
The Central Securities Depository Prague has been operating as a capital market institution since 1993. In 1993, the Stock Exchange Security Register was founded, and was later transformed in 1996 to the joint-stock company UNIVYC. In 2010, the company took over the records of the Securities Centre and commenced the activities of a central depository under the new name of Centrální depozitář cenných papírů, a.s. (Central Securities Depository Prague). In 2018, the Central Depository was licensed under the Central Securities Depositories Regulation (CSDR). The Central Depository is a member of the European Central Securities Depositories Association (ECSDA).
Clearstream is an important player in the securities services industry with consistently high credit ratings. As an international central securities depository (ICSD) based in Luxembourg, we provide post-trade infrastructure and securities services for the international market and 59 domestic markets worldwide, with customers in 110 countries. As a central securities depository (CSD) based in Frankfurt, we also provide the post-trade infrastructure for the German securities industry offering access to a growing number of international markets. Throughout 50 years of listening to our customers and supporting global financial markets with our solutions we have evolved to become a global player at the forefront of our industry.
SIX operates and develops infrastructure services for the Swiss and Spanish Stock Exchanges, for Post-Trade Services, Banking Services and Financial Information with the aim of raising efficiency, quality and innovative capacity across the entire value chain of the Swiss and Spanish financial centers. The company is owned by its users (120 banks). With a workforce of 3,685 employees and a presence in 20 countries, it generated operating income of CHF 1.5 billion and Group net profit of CHF 73.5 million in 2021.
Euronext Securities is the Euronext CSD network connecting European economies to global capital markets. We provide secure and resilient settlement and custody solutions and a portfolio of services to support our clients along the entire value chain. At the heart of the market infrastructure, we offer market participants an improved experience by streamlining operations and processes across our CSDs, supported by our continuously evolving technology. We ensure that we meet our clients’ needs by combining our global reach with multi-local, European expertise.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nunc id nulla ipsum. Sed cursus tincidunt nibh, id elementum odio hendrerit ut. Quisque auctor, lorem at condimentum hendrerit, ex lectus semper lectus, id commodo purus arcu at ante. Vivamus lacinia elit ut fringilla malesuada. Morbi finibus quam ut ultricies tristique. Mauris et sodales felis, at consectetur nibh. Phasellus sed lobortis tortor. Etiam consequat condimentum maximus. Vivamus tristique ultrices magna nec vestibulum. Interdum et malesuada fames ac ante ipsum primis in faucibus. Etiam at tincidunt magna, sit amet gravida metus.
If you are interested in sponsoring the 2023 edition of the World Forum of Central Securities Depositories Conference, please get in touch via the button below:
Address: Senovážné náměstí 30, Praha 1
Note: Accommodation has not been booked for you. Hotels are subject to availability and best available rate at the time of booking.
Address: Senovážné nám. 976/31, 110 00 Nové Město, Czechia
Approx 3 minute walk from the venue
Address: Hybernská 10, 110 00 Nové Město, Czechia
Approx 3 minute walk from the venue
Address: Hybernská 12, 110 00 Nové Město, Czechia
Approx 4 minute walk from the venue
Address: U Obecního domu 660/3, 110 00 Staré Město, Czechia
Approx 3 minute walk from the venue
Address: Hybernská 6, 110 00 Nové Město, Czechia
Approx 3 minute walk from the venue
If you are interested in discussing the programme or in finding out more about the sponsorship opportunities available, please contact Irina Bussoli at ECSDA at [email protected].eu
For more information on event logistics for WFC2023, please contact us using the details below.
© Copyright ECSDA. All rights reserved | Privacy Policy | Terms and Conditions | Cookies Policy | Booking Terms and Conditions