Sarah Breeden became Deputy Governor for Financial Stability on 1 November 2023. She is a member of the Monetary Policy Committee, Financial Policy Committee, Prudential Regulation Committee and the Bank’s Court of Directors.

She has specific responsibility within the Bank for financial stability, the supervision of financial market infrastructures, international issues, central bank digital currency and fintech.

Sarah also has responsibility at Deputy Governor level for the Bank’s work on the monetary and financial stability risks from climate change, and chairs the Financial Stability Board’s working group on climate vulnerabilities.

Sarah joined the Bank in 1991. Prior to her current role, Sarah was the Executive Director for Financial Stability Strategy and Risk and a member of the Financial Policy Committee (2021- 2023). Previously, she was the Executive Director for UK Deposit Takers Supervision (2019- 2021), responsible for the supervision of the UK’s banks, building societies and credit unions, and Executive Director for International Banks Supervision (2015-2021), responsible for supervision of the UK operations of international banks. Before that, Sarah held a variety of roles, including leading the design and risk management of financial market operations undertaken by the Bank during the financial crisis, and then leading the Bank’s work to support the transition of prudential regulation of banks and insurers from the Financial Services Authority to the Bank.

Sarah has an MA in Economics from Cambridge University and an MSc in Finance from the London Business School.

She is a trustee of the Education Endowment Foundation.

Francis (Frank) La Salla is President, CEO and Director of DTCC. He also serves as President and CEO of DTCC’s principal operating subsidiaries, DTC, FICC and NSCC and is a member of the DTCC Executive Committee.

Frank joined DTCC in June 2022 following a 28-year career at BNY, where he held several senior-level positions, including most recently as CEO of its Issuer Services business and a member of the BNY Executive Committee, the senior-most leadership committee at the firm. Earlier in his tenure, he served as CEO of BNY’s Alternative Investment Services and Structured Products business and was a member of the Executive Committee of Pershing LLC, where he was Co-Head of Global Client Relationships and Head of Trading Services. Frank also served as President and Chief Operating Officer of BNY Clearing Services LLC.

Prior to joining BNY, Frank was CEO of BHF Securities Corporation, the U.S. broker-dealer subsidiary of Germany’s BHF Bank AG, and COO of Société Generale Securities, responsible for developing the French financial institution’s U.S. brokerage business.

Frank currently serves as a member of the FDIC’s Systemic Resolution Advisory Committee, which provides counsel on a broad range of issues that impact systemically important financial institutions. Frank is also on the Board of Trustees of Catholic Charities of New York. From October 2012 to June 2022, he was a member of the Board of Directors of Euroclear SA/NV, the Belgium-based Central Securities Depository, where he served on the Board Risk Committee and the Nominations, Governance and Compensation Committee.

Frank holds numerous industry registrations and is a member of the Financial Industry Regulatory Authority's Board of Arbitrators. He earned a Bachelor of Science degree in Economics from The City University of New York and a Master of Business Administration in Finance from Wagner College. He also holds a Master of Arts in Theology from Fordham University.

Steven Maijoor joined the Executive Board of De Nederlandsche Bank (DNB) on 1 April 2021. As of 1 February 2024 he is also Chair of Supervision. Steven's remit includes supervision of banks, supervision policy and legal services. Furthermore, he is a member of the Supervisory Board of the European Central Bank (ECB) and the Board of Supervisors of the European Banking Authority. He is also a member of the Trustees of the IFRS Foundation.

 Before joining DNB's Executive Board, Steven was Chair of the European Securities and Markets Authority (ESMA), from 2011-2021. Between 2004 and 2011 he was a managing director at the Dutch Authority for the Financial Markets (AFM). Prior to that he was Professor (1994-2004) and Dean (2001-2004) at the School of Business and Economics, Maastricht University.

 Steven graduated from the University of Groningen with a degree in business economics and obtained a PhD in the same subject from Maastricht University in 1991.

 Steven was born in Hong Kong (1964).

Martin Moloney is the Deputy Secretary General of the Financial Stability Board. Prior to taking on his current role, he was the Secretary General of IOSCO and before that the Director General of the Jersey Financial Services Commission. He has previously held senior posts at the Central Bank of Ireland and in that capacity has been chair of the Investment Management Standing Committee of ESMA and has represented Ireland at the Board of ESMA. He also spent ten years in the Irish Department of Finance and began his career in the banking sector in the UK. He holds postgraduate qualifications in Economic Policy and Commercial Law and professional qualifications in banking and arbitration.

Sid Nadella leads the Financial Services - Capital Markets practice in the Global Strategic Industries team at Google Cloud. In this role he helps global Capital Markets clients transform, innovate and scale their business leveraging the technological prowess of Google.

Sid brings 20+ years of capital markets expertise, creating and scaling groundbreaking products and businesses. Prior to Google he started his career at Goldman Sachs, where he served as a front office strat and trader. His role there involved spearheading projects that created pioneering products in a dynamic and regulatory intensive environment, offering him a distinct insight into the fusion of technology and innovation within a highly regulated industry. Later, he took on leadership roles at Symphony Communications and LiquidNet.

Scott O’Malia is Chief Executive Officer of the International Swaps and Derivatives Association, Inc. (ISDA), a position he has held since August 2014. At ISDA, Mr. O’Malia has led the Association’s drive to promote safe and efficient markets, and develop industry standards and legal documentation. This includes a push to develop common standards and processes to support new technologies aimed at improving post-trade efficiency through the adoption of innovative and scalable fintech and regtech solutions.  

ISDA is a global derivatives association that represents all derivatives users on key industry issues, including trading, clearing, reporting, margin, capital and legal standards. During Mr. O’Malia’s tenure, ISDA has expanded its Board to include broader representation of derivatives users, making it the most diverse in the Association’s history. Mr. O’Malia has also brought greater focus on market infrastructure issues – in particular, the cross-border harmonization of global central counterparty regulation, trade execution and data rules.  

Prior to joining ISDA, Mr. O’Malia was appointed by President Obama and was confirmed by the US Senate to serve as Commissioner of the Commodity Futures Trading Commission (CFTC). He served in this position from October 2009 until August 2014. During this time, Mr. O’Malia debated and cast votes on the CFTC rules related to Title VII of the Dodd-Frank Act. While at the CFTC, Mr. O’Malia revived the Technology Advisory Committee, and led an active agenda investigating data standardization, highlighting trade execution rules and developing a better understanding of how algorithmic trading operates in regulated markets.  

Mr. O’Malia has also had a distinguished career spanning 15 years in the US Senate, including roles as Clerk to the US Senate Appropriations Subcommittee on Energy and Water Development, Professional Staff on the US Senate Energy and National Resources Committee under Chairman Pete Domenici (R-N.M.), and nearly 10 years working for US Senator Mitch McConnell (R.-Ky.).

The Honorable Caroline D. Pham is the Acting Chairman of the Commodity Futures Trading Commission and has been a CFTC Commissioner since her nomination by the President and unanimous confirmation by the U.S. Senate in 2022. Pham is an internationally recognized leader in strategy and innovation, with deep expertise in capital markets and regulatory policy. Her commissionership has focused on promoting access to markets, competition, and market liquidity and efficiency. Pham has worked in law and finance for 24 years, including over 10 years of experience in crypto and digital assets. She is the sponsor of the CFTC’s Global Markets Advisory Committee.

Pham’s experience spans prudential regulation, financial markets, fintech, and emerging issues. Her international engagement is across all regions, both multilateral and with senior policymakers and business leaders. Previously, Pham was a Managing Director at Citi with group-level senior executive roles in the chief administrative office, institutional clients group (banking and markets), legal, and compliance. As head of market structure for strategic initiatives, she worked on investments and new opportunities.

Renée Atema is a product specialist for FX and Interest Rate Derivatives at ING Bank N.V.’s Legal Financial Markets team. She is responsible for advising on and drafting of tailor-made template terms for FX and currency option transactions, as well as interest rate products.

With over 25 years of experience in both trade processing and legal environments, Renée has developed extensive expertise in derivatives documentation and the creation of definitional provisions for FX and interest rate derivatives. She serves at ING as the primary point of contact for advice on bespoke, bilateral provisions and global developments related to these products.

Renée actively participates in various ISDA and EMTA working groups, aiming to facilitate and improve the standardization of provisions and template terms, as well as updates and supplements to ISDA definitional provisions.

Ann M. Battle is Senior Counsel at ISDA where she focuses on global benchmark reform, derivatives clearing and CCP-related issues, bank resolution, and netting and collateral opinions for cleared and uncleared derivatives. Prior to joining ISDA, she was a counsel in the Legal Division, Complex Financial Institutions Section of the Federal Deposit Insurance Corporation (FDIC). Her work at the FDIC focused on resolution of systemically important financial institutions and, specifically, on domestic and cross-border issues related to derivatives and financial market infrastructures. Prior to joining the FDIC, Ann was an attorney with the law firm of Sutherland Asbill & Brennan LLP in Washington, DC, where her practice focused on derivatives and structured products (including regulation of such products), secured and unsecured lending, and capital markets transactions.

Ann received her undergraduate B.S. Business Management from Georgia Tech and her J.D. from William & Mary Law School.

Nathanaël (Nat) Benjamin was appointed as the Bank of England’s Executive Director for Financial Stability Strategy and Risk and a member of its Financial Policy Committee (FPC) in December 2023. The FPC is the United Kingdom’s ‘macroprudential’ authority and it is tasked by Parliament with ensuring financial stability so that the UK financial system is able to absorb rather than amplify shocks, and serve UK households and businesses. Nat is responsible for the Bank of England’s work to deliver this objective.

Before that, from October 2021 to December 2023 Nat was the Executive Director in charge of Authorisations, Regulatory Technology, and International Supervision.

Nat originally joined the UK’s Financial Services Authority (FSA) in 2004, where he held a range of risk specialist roles: supervising how firms measure credit, market, insurance, and counterparty risks. During this time he also participated in policy developments under the Basel Committee and the European banking and insurance authorities. He became closely involved in the management of the global financial crisis, first in the UK and then at the Federal Reserve Bank of New York, where he was seconded from 2008 to 2010. After returning from secondment, he became head of the Prudential Regulation Authority’s division responsible for equipping the Bank of England with the capability to run concurrent public stress tests of major banks. In 2015, he was appointed to head the newly-created financial risk oversight function for the Bank of England's own balance sheet. In 2020 he became interim Chief Financial Officer (CFO), acting as the Executive Director in charge of the Finance & Performance directorate.

Nat graduated from the École Centrale de Paris and has a doctorate in applied probability from Oxford University.

Stephen Berger is a Managing Director and Global Head of
Government & Regulatory Policy at Citadel. He leads the firm’s
engagement on legislative and regulatory initiatives impacting the
financial markets globally, including in the United States, Europe, and
the Asia-Pacific region.

Mr. Berger has testified before the House Agriculture Committee on
the impact of the G-20 clearing and trade execution requirements,
presented before CFTC advisory committee meetings on issues
including package transactions and position limits, participated in
workshops at the New York Fed and Chicago Fed on CCP recovery and
resolution, and spoken on panels at MFA, FIA, Eurofi and ASIFMA
conferences on topics ranging from cross-border harmonization to US
Treasury market structure modernization.

Mr. Berger is a member of the CFTC’s Market Risk Advisory
Committee and the NFA’s CPO/CTA Advisory Committee. He serves
on the Board of Directors of the Program on International Financial
Systems. He has served as Chair of the Managed Funds Association’s
Derivatives and Swaps Committee and is an active participant in a
number of MFA, AIMA, SIFMA AMG, FIA and ISDA committees.

Prior to joining Citadel, Mr. Berger was an Executive Director at UBS
Investment Bank, where he led UBS’s US financial regulatory reform
team.

Mr. Berger received a bachelor’s degree from Princeton University.

In her role, Kate Birchall is responsible for leadership of the global sales team across the LCH, LSEG Regulatory Reporting, Quantile and Acadia business lines. In her role, Kate focus’ on delivering commercial outcomes as well as enhancing the client experience across business lines.

Prior to her Sales role, Kate was the LCH Head of APAC. In this role, she was responsible for the regional strategy and business development, operation of the CCP clearing services in APAC hours as well as management of regulatory relationships in Asia.

Before joining LCH in 2018, Kate worked at a number of leading financial institutions, where she held led XVA, Structuring and Scarce Resources trading. teams Kate holds a Bachelor of Arts (Mathematics), from the University of Queensland and an Executive MBA from the London Business School

Stéphane Boivin is a senior policy expert at the European Banking Authority and Chair of the EBA Subgroup on Market Risk (SGMR), in charge of market risk and market infrastructures. He is leading the EBA work on the establishment - pursuant to EMIR 3 - of the EBA central validation function for pro forma initial margin models such as ISDA SIMM (‘IMMV Project’). He is also the EBA representative in the BCBS IOSCO Working Group on Margining Requirements (WGMR).
Before joining the EBA in September 2013, Stéphane was head of Counterparty Credit Risk, Market risk and Operational Risk Team at the ACPR Banking International Affairs Division and French member of the BCBS Trading Book Group and BCBS Risk Measurement Group.

Darcy Bradbury is a managing director of D. E. Shaw & Co., L.P. and serves as Head of Public Policy for the D. E. Shaw group. In that capacity, Darcy is responsible for managing government and regulatory affairs for the firm globally and analyzing the impact of government policies on various investments. She has more than 30 years of experience in finance in the private sector, including with The Blackstone Group L.P., Credit Suisse First Boston Corp., Bankers Trust Corp., and Mezzacappa Management, LLC, and in government, where she served as Assistant Secretary for Financial Markets in the U.S. Department of the Treasury and Deputy Comptroller for Public Finance for the City of New York.

Darcy has held numerous leadership roles in industry organizations and currently serves on the board of the International Swaps and Derivatives Association, where she chairs the Legal & Policy Committee, and is vice chair of the Global Markets Advisory Committee of the U.S. Commodity Futures Trading Commission. She previously served on the boards of the Alternative Investment Management Association and Managed Fund Association and was a member of the Investor Advisory Committee of the U.S. Security and Exchange Commission and Municipal Securities Rulemaking Board. Darcy is active in civic associations as the chair of the board of trustees of the Population Council, chair of the board of trustees of the Educational Alliance, and a member of the Council on Foreign Relations and The Economic Club of New York. She received an M.B.A. with honors from Harvard Business School and an A.B. in social studies, magna cum laude, from Harvard University.

Fabien Carruzzo, Chair of Kramer Levin’s Derivatives and Structured Products practice, counsels asset managers, investment banks, commodity traders and other market participants in the full spectrum of transactional and regulatory derivatives matters.  

Recognized by Chambers Global and Chambers USA as one of the leading practitioners in derivatives and structured products, Fabien’s work covers a wide range of equity, credit, currency, commodity, and fixed-income derivatives and bespoke structures, as well as structured financing swaps, repos and other asset-based financing arrangements. Drawing on his experience advising clients on high-profile financial insolvencies, Fabien counsels clients in assessing and mitigating the liquidity, credit, insolvency and regulatory risks inherent in trading financial products. He also advises market participants on the implementation of regulatory reforms affecting the derivatives and futures industry globally. 

Mr. Carruzzo works with credit derivatives has also involved advising traders on numerous prominent credit and succession events over the years, including recently, as counsel for the members of the International Swaps and Derivative Association (ISDA) Determinations Committee in the landmark decision in Sears to include a syndicated leveraged loan in the list of instruments that can be used to settle Sears’ Credit Default Swap (CDS) contracts. 

Mr. Carruzzo holds a Master of Law degree from The University of Chicago Law School and is a graduate, magna cum laude, of the University of Lausanne Law School and School of Forensic Science and Criminology, in Switzerland, where he received both a J.D. and a Master in Criminology.

Roy Choudhury is a Managing Director & Senior Partner at Boston Consulting Group (BCG) based in New York. Roy also leads BCG’s Commercial, Corporate and Investment Banking, Global Markets practice in North America. He has deep expertise in front-to-back trade lifecycle across all major asset classes, financial risk management, balance sheet management. corporate treasury, digital assets, and distributed ledger technology, climate and sustainability, and Scaling AI/Gen AI in Financial Services.

Roy led BCG’s work with ISDA on the publication of “The Value of OTC Derivatives: Empowering Organizations to Manage Risks, Enhance Returns and Optimize Liquidity.”

He is an industry thought leader on the transformative potential of Digital Assets and Distributed Ledger Technology in Capital Markets. He led BCG’s collaboration with the World Economic Forum (WEF) on Digital Assets, Distributed Ledger Technology and the Future of Capital Markets and with GFMA on Central Bank Digital Currencies: A Global Capital Markets Perspectives and Impact of Distributed Ledger Technology in Global Capital Markets.

Roy also leads Climate & Sustainability across the Financial Institutions (FI) sector. He supports leading global and regional banks in 1) Delivering on the bank’s Net Zero (NZ) commitment, 2) Building capabilities to accelerate the client’s transition, and 3) Building risk management capabilities to meet heightened expectations from regulators. He led BCG’s work with the Global Financial Markets Association (GFMA) on Climate & Sustainability, and was the lead author on the following publications: "Climate Finance Markets & the Real Economy", "Global Guiding Principles for Developing Climate Finance Taxonomies" and "Unlocking the Potential of Carbon Markets to Achieve Global Net Zero".

Roy was a member of the Alternative Reference Rate Committee (ARRC) and co-chaired the Operations & Infrastructure Working Group focused on post-trade life-cycle impact of LIBOR transition on fixed income, derivatives, securitization, and loans.

Roy is a Chartered Accountant and MBA (Strategy & Finance) – Melbourne Business School.

Sebastian “Benny” J. Crapanzano II is a Managing Director of Morgan Stanley and Global Head of Fixed Income Business Unit Risk Management where he is a member of the Division’s Operating Committee. He was previously Global Head of Counterparty Risk Management for Sales and Trading. Benny joined the Firm in 2000 as an Associate in Collateral Risk Management based in New York and has served in a variety of roles throughout his career with the Firm. He was named Vice President in 2004, Executive Director in 2006 and Managing Director in 2011. Benny serves on the Board of Directors for the International Swap and Derivatives Association (ISDA). He earned a B.A. in Mathematics, Economics and Government & Law from Lafayette College in 1997 and is currently a member of their Board of Trustees. Benny currently resides in New York, NY.

Ido de Geus is the Head of Fixed Income at PGGM, overseeing €80 billion in European Government bonds, SSAs, and the interest rate overlay. Next to that, Ido plays a key role in leading the transition of the investment portfolio to the New Pension Contract.

Since joining PGGM in 2001, when he started as a portfolio manager at the Treasury department, Ido has held a series of leadership roles within the company. He led the Treasury team, supervising liquidity and collateral management, and the Client Portfolio Management team, being in charge of overall portfolio rebalancing. In his current role he has been responsible for government bonds, credits, Emerging Markets and Dutch Mortgages. Ido studied Econometrics at the University of Groningen.

PGGM is the fiduciary and asset manager for PFZW, the Dutch pension fund for the health care sector, ranking 11th in the world and 3rd in Europe by size, with a total AuM of approximately €250 billion.

Milan Dragaš is Head of SIMM Analytics at the Standard Chartered Bank (SCB), where he is responsible for internal implementation of the ISDA SIMM model and its full lifecycle, including modelling, documentation, regulatory and model risk compliance, and Risks-not-in-SIMM. Previous roles at the SCB include Head of Market Risk Analytics, Europe and Head of Valuation Control Methodology, Europe.

Before SCB, Dr. Dragaš work experiences were at Barclays as a Valuation Control Quantitative Analyst and as a post-doctoral researcher in Optoelectronics at the University of Bristol, UK.

Dr. Dragaš completed both his PhD in Optoelectronics and a BEng degree in Electronic Engineering at the University of Bristol, UK.

Simon Firth is one of the leading authorities on the law of derivatives, with over 35 years experience of this subject. He is a partner of Linklaters LLP and the author of Firth on Derivatives Law and Practice, the leading textbook on English derivatives law, which is frequently cited in the courts and has been followed in several important derivatives cases. He has extensive experience in advising about the interpretation of the ISDA Master Agreement and other standard form documentation and many of his opinions have been relied on by the market generally.

He was the principal legal adviser to the English administrators of the Lehman Brothers companies on their derivatives, repo and stock lending positions and the principal English law adviser to the administrators of the Icelandic bank LBI hf on these matters. The cases in which he acted include Lomas v JFB Firth Rixson, Inc [2012] 2 All ER (Comm) 1067, which is now the leading authority on the ISDA Master Agreement. They also include Re Lehman Brothers International (Europe (No.6) [2014] 2 BCLC 451, which established a number of important principles regarding the interpretation of the close-out provisions, and Re Lehman Brothers International (Europe) [2023] 2 All ER (Comm) 130, which considered the limb of ISDA Master Agreement Event of Default that concerns arrangements with creditors. In Lehman Brothers Finance SA v Sal Oppenheim Jr & Cie KGAA [2014] EWHC 2627 and Lehman Brothers Finance AG v Klaus Tschira Stiftung GmbH [2019] 2 All ER (Comm) 97, his views about the interpretation of these provisions were cited with approval by the High Court.

He is responsible for the updating of ISDA’s English law netting and collateral opinions and was part of the team that drafted the 2021 ISDA Interest Rate Definitions. In 2024 he undertook a review, at the request of ISDA, of the operation of the Credit Derivatives Determinations Committees. His report made a number of recommendations for the reform of the determinations process which, in a subsequent consultation, gained broad market support.

He is a member of the Financial Markets Law Committee, which is responsible for identifying issues of legal uncertainty in the wholesale financial markets. He is also a Visiting Professor at the University of Law.

Alexandra Gebauer is heading the International Policy/Regulation Division. Main areas of her work cover the steering and coordination of European and international policy work in BaFin’s banking supervision across various risk areas. Before taking over this role she worked for over a decade in the supervision of counterparty credit risk models, which included work on horizontal supervisory initiatives in the area of CCR management in the SSM. Alexandra is chairing Basel’s Market Risk Group.

Emmanuel Geinoz is an expert within the Pictet Group in Market Infrastructure regulatory and risk topics. He brings his expertise on Market Infrastructure framework (securities and derivatives trading setups, trade & transaction reporting, clearing, risks mitigations, booking) across the Group for the following jurisdictions: EU, UK, Switzerland, US, Canada, Singapore and Hong Kong. Previously Emmanuel implemented EMIR, MiFIR, FinFrag and MAS reporting for Pictet Asset Management. Emmanuel started his career in finance as market maker on the Swiss Options and Financial Futures Exchange (SOFFEX) .

Emmanuel represents the Pictet Group in the ISDA Data and Reporting EMEA Working Group, as well as in the ISDA EMIR/CFTC Digital Regulatory Reporting Peer Review Group.

Mark Gheerbrant is ISDA’s Global Head of Risk and Capital. He has 30 years of experience in the derivatives markets covering trading, risk management and capital management.

Prior to joining ISDA in April 2014, Mark had a number of roles in risk and capital management including global head of portfolio risk at Commerzbank and Head of Capital Management at Standard Bank. His extensive trading experience covers a variety of products and markets, including seven years at Rabobank where he was Global Head of Markets.

Mark has served on numerous board committees including the Executive Committee of Standard Bank plc, the Group Risk Management Committee and Capital Management Committee of Rabobank Group.

Mark has a first-class degree in Engineering, an MBA and is a qualified Chartered Accountant and Corporate Treasurer.

Paul Glasgow is a Managing Director within Credit Trading at JPMorgan Chase Bank and has been an active participant in various market and industry initiatives.

Christy Goldsmith Romero was sworn in as a CFTC Commissioner on March 30, 2022, after being nominated by President Joseph Biden in September 2021, and unanimously confirmed by the U.S. Senate.  Commissioner Goldsmith Romero has more than 20 years of experience as a career federal attorney and leader in financial regulation, serving under four Presidents at the CFTC, Department of Treasury, and the U.S. Securities and Exchange Commission.

She promotes market resiliency, integrity, vibrancy, and financial stability, while overseeing CFTC-registered banks, brokers, exchanges, clearinghouses, funds, and commodity producers.  As the sponsor of the CFTC’s Technology Advisory Committee, Commissioner Goldsmith Romero has focused on the future of finance.  Under her sponsorship, the Committee examines emerging technology (AI, fintech, digital assets, and blockchain), responsible innovation, and cybersecurity.  She established new membership in the Committee, including experts in digital assets, AI, fintech blockchain, and cybersecurity.  The Committee released first-of-its kind reports on Decentralized Finance (released January 2024) and Responsible Artificial Intelligence in Financial Markets (released May 2024). 

Commissioner Goldsmith Romero has also focused on cyber resilience in markets, a topic that the Technology Advisory Committee examines.  After substantial engagement with banks, brokers and commodity producers, she led the drafting of the CFTC’s first operational resilience proposed rule for swap dealers and futures commission merchants, which garnered a unanimous Commission vote. 
 
Prior to becoming a CFTC Commissioner, Commissioner Goldsmith Romero served for 12 years at the Department of Treasury, including for a decade as the Special Inspector General for TARP (SIGTARP), after President Obama’s nomination and the U.S. Senate’s unanimous confirmation in 2012.  There, she led a nationwide, independent law enforcement and audit watchdog office that conducted oversight over the Troubled Asset Relief Program that covered banks, derivatives, housing, the automotive industry and insurance.  In that role, she worked to strengthen the financial system.  Under her leadership, SIGTARP developed a unique ability to uncover hidden fraud in banks...[READ FULL BIO HERE: https://www.cftc.gov/About/Commissioners/ChristyGoldsmithRomero/index.htm#full-page-bio]

Frédéric HERVO is currently Deputy General Secretary of the French Autorité de contrôle prudentiel et de résolution (ACPR), in charge of banking supervision and licensing.

He has been co-chair of the BCBS/IOSCO Working Group on Margin Requirements for non-centrally cleared derivatives since 2021.

Between 2021 and August 2024, he was the Director of the second Banking Supervision Directorate of the ACPR, contributing to the supervision of the French cooperative banking groups, within the Single Supervisory Mechanism, and responsible for the supervision of investment firms, payment and e-money institutions, as well as CCPs.

He was previously director for International Affairs of the ACPR, between 2016 and 2021, in charge of prudential regulation for banks and insurers.

Before, he held several positions at Bank of France since 1992, including as Director of the Payment Systems and Market Infrastructures directorate from 2012 to 2016. He was a member of the BIS Committee on Payment and Market Infrastructures (CPMI) between 2007 and 2016 and of the CPMI/IOSCO Steering Group, in charge of developing and monitoring the implementation of the Principles for Financials Market Infrastructures, between 2009 and 2016.

Andy Jackson is an Executive Director and Senior Counsel at Goldman Sachs Asset Management covering trading for the UK and Europe, including:

(i) regulatory reform: advocacy and implementation including in respect of EMIR, BMR, MiFID, SFTR and CSDR;

(ii) market infrastructure: trading venues, clearing and reporting; and

(iii) product/transactional: derivatives (OTC and futures), repos and cash products.

Andy is also the Co-chair of the Investment Association’s Derivatives Committee.

Prior to Goldman Sachs Asset Management, Andy was a Senior Associate in Allen & Overy’s Derivatives and Structured Finance group specialised in OTC derivatives (cleared and uncleared), transactional and regulatory. Clients included trade associations, dealers, asset managers and corporates.

Carolyn Jackson is a Partner in the Financial Markets and Regulatory practice at Katten Muchin Rosenman UK LLP. She is a dual-qualified lawyer (England, New York) and advises clients on complex cross-border issues involving the regulation of financial institutions and financial products. Prior to her legal career, Carolyn managed the New York trading desk of several investment banks and was formerly the executive director and board member of the International Swaps and Derivatives Association, Inc. She is a member of the Financial Markets Law Committee and the panel of experts of P.R.I.M.E Finance.

Stéphane heads up AXA IM’s Global Regulatory Developments and Public Affairs directorate at worldwide level.

Before joining AXA IM in 2015, Stéphane was Head of the International Affairs Division at the French Asset Management Association (AFG), responsible for international regulatory strategy and promotion.

He was previously Head of Market Surveillance and Responsible for Strategy and Risks at the Autorité des Marchés Financiers (AMF). Still at French level, since 2020 Stéphane has been a member of AMF’s External Advisory Committee as well as a member of AFG’s Non-Executive Director Strategic Committee.

At European level, since 2021 Stéphane has been Co-Chairman of the Asset Management and Investors Council, International Capital Markets Association (ICMA). From 2018 to 2021, he was a member of the Board of Directors at the European Fund and Asset Management Association (EFAMA). Beforehand, within the European Commission, he was a Seconded National Expert from 2000 to 2004 – in charge of drafting and negotiating UCITS, Hedge Funds, Credit Rating Agencies and Market Abuse legislations on behalf of the European Commission.

At worldwide level, Stéphane is a member of the World Economic Forum (Davos Forum)’s working group on “The Future of Capital Markets”.

Stéphane started his carrier at the International Monetary Fund (IMF), in Washington D.C.

He graduated from the Institut d’Etudes Politiques (IEP) – “Sciences Po”, in Paris.

Over the course of his career, Thomas W. Jasper has played a leading role in the growth and development of key areas of the financial markets. Mr. Jasper is the Managing Partner of Manursing Partners, LLC. Most recently, he served as Chief Executive Officer (2001-2010) and a director (2002-2010) of Primus Guaranty, Ltd., a company he joined in 1999 and led for a decade. During his tenure, Primus established the first credit derivatives product company (CDPC), an innovative business model for selling credit protection to global financial institutions and also expanded into credit asset management. Thomas led the Company’s capital-raising initiatives, which totaled over $800 million in equity and debt, including an initial public offering and listing on the New York Stock Exchange. At its peak, Primus managed a $24 billion credit swap portfolio and $3.7 billion in structured credit assets. Prior to joining Primus, Thomas served for 17 years as a key executive of Salomon Brothers, Inc and its successor companies. Thomas accomplishments at Salomon included: establishing its interest rate swap business, running its Debt Capital Markets platform, serving as Chief Operating Officer of the Asia Pacific Region and as Global Treasurer in New York. In 1984 while at Salomon, Thomas co-founded the International Swaps and Derivatives Association (ISDA) and served as its first Co-Chairman. Thomas was recognized for his profound contributions to the field of risk management through his inclusion in 2003 in the RISK Hall of Fame. Thomas serves on the Boards of the Blackstone Senior Loan Fund (NYSE: BSL), Blackstone Long-Short Credit Income Fund (NYSE: BGX) and Blackstone Strategic Credit Term Fund (NYSE: BGB). He also serves on the advisory board of PRIME Finance based in The Hague and is one of its panel of experts. He serves on the board of the Wellspring Foundation. He received his BBA from Southern Methodist University and his MBA from the University of Texas.

Udesh Jha is a Managing Director within the Clearing and Post-Trade division at CME Group and heads the Post Trade Risk Management team and has worked at CME since 2010. This group comprises Quantitative Risk Research & Financial Development who develop and maintain financial models related to pricing, margining, stress testing and other risk analytics. In other roles at CME Group, he also served as the Chief Risk Officer of CME Clearing Europe and Global Head of Post-Trade Services.

Prior to joining CME Group, he worked at Capital One, Bank of America Securities, and QRM in different roles ranging from ALM, Funds Transfer Pricing and CDO Structuring. Prior to that, Udesh was a Senior Management Consultant with IBM Consulting assisting clients with Supply Chain Management solutions across different industrial sectors.

Udesh holds a Bachelor’s degree from the Indian Institute of Technology, a Masters in Science in Civil Engineering from University of Connecticut and an MBA degree from the University of Chicago Booth School of Business.

Eleanor Kelly is Managing Director at J.P. Morgan Chase & Co. Global Head of Markets Operations Regulatory Change and Controls. She is responsible for Securities and Derivatives Trade and Position Regulatory reporting. She Leads regulatory reporting projects, and has ownership of reporting controls and design and implementation of strategic agenda.

Steven Kennedy is Global Head of Public Policy at the International Swaps and Derivatives Association, Inc. (ISDA). He is responsible for leading ISDA’s public policy and research initiatives in America, Europe and Asia, and leads a team of professionals in ISDA’s New York, Washington, London, Brussels, Hong Kong, Singapore and Tokyo offices. Steven is a member of the Commodity Futures Trading Commission’s Global Markets Advisory Committee.

Prior to joining ISDA in 2011, Steven was a principal of Kennedy & Company, a boutique communications consulting firm that he launched in 1995. During this time, he worked closely with ISDA in a range of capacities, including public affairs and financial marketing.

Over the course of his career, Steven has also assisted firms around the world with their investor and communications strategies and initiatives, including their capital market, financial regulation, IPO, merger, acquisition, crisis, branding and related activities. He advised the first Brazilian company and the first Chinese company that directly listed on the NYSE, as well as two large insurers on their demutualizations and IPOs.

Steven holds dual US-EU (Ireland) citizenship, and is an honors graduate of Baruch College, CUNY.

Sebastian Kiris is a Financial Risk Management Expert working at RWE. Sebastian contributed to managing risk at RWE during volatile times. He holds a Master of Finance from Nova School of Business and Economics and a Bachelor in Energy Economics from University of Applied Science Darmstadt.

Tara Kruse is the Global Head of Infrastructure, Data and Non-Cleared Margin at ISDA. In her role leading ISDA’s Non-Cleared Margin Initiative, Ms. Kruse helps facilitate the implementation of margin rules for non-cleared derivatives across jurisdictions and oversees maintenance of the ISDA Standard Initial Margin Model (ISDA SIMM). She also leads ISDA’s Market Infrastructure and Technology initiatives and its Data, Reporting and FpML work.

Before joining ISDA, Tara was a vice president in the Derivatives Projects Group at Morgan Stanley which was responsible for implementation of global trade repository reporting for credit and equity derivatives and global cross-asset regulatory reference data. Prior to that, Tara was head of Americas IRCC Derivative Documentation and global head of Credit Derivative Documentation Drafting at Morgan Stanley. Prior to Morgan Stanley, Tara was the global head of Credit Derivatives Documentation at Bear Stearns.

TJ Lim started his career at JP Morgan in 1983 where he was a member of the group which started the swap business at JP Morgan. He covered the role of European Head of Fixed Income at UBS and moved to Dresdner Kleinwort Benson as Co-Head of the Global Markets Division and member of the Management Board.

At Merrill Lynch he was Managing Director and Head of Merrill Lynch's International Debt Markets and member of the Ex. Mgmt Committee for Merrill Lynch Europe Middle East and Africa.

TJ was founder and CEO of New Smith Financial Products, the Credit Advisory arm of New Smith Capital Partners.

TJ joined UniCredit Group in 2008, following the acquisition of NSFP, as Head of Markets at CIB Division. On October 2016 he was appointed Group Deputy Chief Risk Officer, in charge of orchestrating the management and disposals of Non-Performing Loans, Repossessed Assets, Bad Loans and any Distressed Assets.

In July 2017 TJ became also responsible for the new Group NPE structure.

In September 2017, he was appointed Group Chief Risk Officer in charge of the Group Risk Management activities, with a specific focus on strategic steering of risks at Group level and the definition of Risk Management policies and guidelines.

From May 2021, TJ continues as Group Risk Officer.

Eric Litvack is a Managing Director and Group Head of Public Affairs at Société Générale, with responsibility for coordinating regulatory and public policy engagement across the bank.

In an over 35-year career, he has held a number of roles within the Group including Head of Regulatory Strategy for Global Banking and Investor Solutions, as well as chief operating officer for the equities and equity derivatives activities of SG CIB’s Global Markets division and has also held various trading and business management positions within Société Générale’s Equity Derivatives business.

Eric joined Société Générale in 1986. He has been based in Paris since 1996, having previously been employed in derivatives trading in London.

Eric graduated in 1985 from the University of Toronto. He has been a member of the Board of the International Swaps and Derivatives Association, Inc. (ISDA) since 2006 and was Chairman from 2015 to 2024, of the Board of LCH SA, the Paris-based clearinghouse, from 2013 to 2022. He is also a member of the Board of the Global Financial Markets Association.

David Lynch is Deputy Associate Director for Policy Research and Analytics in Supervision and Regulation at the Board of Governors of the Federal Reserve. He joined the board in 2005. His areas of responsibility include Volcker metrics, Swap Margin, and oversight of models for Market Risk Capital and Counterparty Risk Capital. Mr. Lynch was a representative on the Risk Measurement Group and the Market Risk Group of the Basel Committee on Banking Supervision and is now a co-chair of the Research Group. He has worked at the U.S. Securities and Exchange Commission in broker-dealer finance and holds a PhD in Economics from the University of Maryland.

In his role, Oliver Maxwell is responsible for driving automation and operational scalability across client Lifecycle management. Leveraging the power of the S&P Global Counterparty Manager ecosystem which is the industry standard solution that supports the entire client lifecycle.

He began his career at Fidelity Investments, where he progressively advanced to manage the investor client services team. This early experience ignited his enthusiasm for financial markets, leading him to delve into futures trading at OSTC, where he achieved notable success. Subsequently, Oliver transitioned to various prominent buyside and sellside firms, such as J.P. Morgan and Barclays, where he primarily directed large global operational teams focused on outreach, onboarding, KYC, regulatory compliance, and technology process enhancements before moving to S&P Global.

Amy Merrill is the Chief Executive Officer of the Integrity Council for the Voluntary Carbon Market (ICVCM), the independent global governance body that sets and enforces threshold quality standards for the voluntary carbon market.

Between 2011 and 2021, Amy led the UNFCCC support to the development of Article 6 of the Paris Agreement, leading negotiations and drafting that resulted in adoption of the Article 6 implementing rules at COP26 (2021). Amy was also the senior lawyer at UNFCCC for the Kyoto carbon mechanisms and the Kyoto Protocol and Paris Agreement compliance committees. Before UNFCCC, Amy was a leading carbon and climate finance lawyer in the City of London, working with MDBs and investment banks. After UNFCCC, Amy was senior legal counsel at a natural capital asset manager and then worked as interim COO at ICVCM on secondment from the Center for Climate and Energy Solutions (C2ES). Amy is a qualified UK lawyer with more than 20 years of experience.

Sir Edward Murray became a High Court Judge on 1 October 2018. He sits in the King’s Bench Division. In November 2021 he was appointed a Presiding Judge of the South Eastern Circuit and is currently the Lead Presiding Judge for the Circuit. He was formerly a partner in the international law firm Allen & Overy LLP (now, A&O Shearman) where he co-founded the firm’s global derivatives practice in 1991. For most of his career at A&O he was a senior external legal adviser to the International Swaps and Derivatives Association (ISDA). He chaired ISDA’s Financial Law Reform Committee from 1999 to 2018. From 2005 to 2013 he was a member of the Financial Markets Law Committee and was an active member of a number of its working groups, some of which he chaired. He was appointed a Recorder (Crown Court) in 2009 and was authorised to sit as a Deputy High Court Judge in the Chancery Division in 2013. Before his full-time judicial appointment, he sat part-time as a judge in the Crown Court (crime) and in the Chancery Division of the High Court (civil). He was also a Visiting Professor at the Centre for Commercial Law Studies at Queen Mary University of London and a Visiting Lecturer at Université Panthéon-Assas (Paris 2). He is a graduate of Trinity College Dublin, where he studied Philosophy, and a graduate of Harvard Law School. He was knighted by the Queen in June 2019.

Nnamdi Okaeme is Head of SIMM at the International Swaps and Derivatives Association (ISDA), where he specifically focuses on managing process for the further enhancement, testing, calibration and validation of SIMM to ensure that SIMM is compliant with the regulations and suitable for the market needs.

Prior to joining ISDA, Nnamdi worked as a senior manager in the Risk consulting practice of PwC. During this period, he worked within the derivatives’ valuation space and also focused on the regulations that impact these derivatives. Mr. Okaeme also obtained a distinction in the Certificate in Quantitative Finance (CQF) course during this period.

Before joining PwC, Nnamdi worked as senior control systems engineer where he specialised in the design and development of high power transmission systems and their associated control systems. His work in this field led to him filing a number of strategic patent applications and a number of these have now been successfully granted as patents.

Nnamdi completed his PhD at the University of Nottingham having graduated with a First Class MEng degree in Electrical and Electronic Engineer with Management Studies.

Niccolo Pagani is Director of EU Regulatory Engagement and Advocacy as well as Representative to Brussels of Standard Chartered Bank. In his role, he was responsible for opening the Representative Office of Standard Chartered to the EU in Brussels. Prior to this role, he worked in Regulatory Strategy sitting on the trading floor of Credit Agricole CIB where he worked on financial markets regulatory reforms following the Global Financial Crisis. Prior to that, he worked at Societe Generale and Axa. Niccolo is also Adjunct Professor at Sciences Po Paris where he teaches a class for Master’s students on EU Strategic Regulation and Interest Representation. He is Treasurer of the EU-Asia Financial Services Roundtable. He holds a Master’s degree in Political Economy from the London School of Economics and a Master’s in European Affairs from Sciences Po Paris.

Charles (Charlie) Palmer heads Entity and Credit Derivative Product Management for reference data within the Data, Valuations and Risk business at S&P Global Market Intelligence.

Charlie has over 20 years of experience in Fixed Income Derivatives. He previously spent 12 years at Barclays Bank, where he managed large global teams and served as the European Head of Credit Operations. In this role, he was responsible for Credit Derivative Trade Capture, Balance Sheet Optimization, Credit Event Management, and Credit Derivative Documentation. Charles led the European efforts for the Regulatory Change Programme, including the implementation of Dodd-Frank and EMIR, as well as reporting requirements and mandatory clearing for both D2D and D2C transactions. He has actively participated in various ISDA-led functions, such as the DC-GC Rule changes, the Credit Derivative SRO Task Force, and the ISO SG2 working group focusing on the UPI initiative. Additionally, he continues to engage with the ISDA CIG and ISDA CSC.

Namrata Praveen is Senior Vice President and Legal Counsel at Citigroup, responsible for coverage of emerging markets derivatives in EMEA. Namrata started her career at Linklaters, working in the London and Tokyo offices and covering a wide range of asset classes. She also covered EMEA emerging markets and credit derivatives at JPMorgan before joining Citigroup in 2025.

Frederick O. Quenzer is Senior Counsel, Americas, at the International Swaps and Derivatives Association, Inc. (ISDA) where he works on documentation and legal projects in the credit derivatives area. In addition to his work on documentation, he also covers ISDA’s Credit Derivatives Determinations Committees, North American and Caribbean legal opinions, US tax-related matters and regulatory and policy matters in the United States and Canada. Frederick is also a regular speaker at ISDA conferences on uncleared margin regulations and ISDA’s Working Group on Margin Requirements (WGMR) initiatives. Before joining ISDA, he was an associate at Ropes & Gray in New York, where he worked in the investment management group.

Frederick holds a BS from Cornell University, a JD from Fordham University School of Law and is a member of the New York Bar.

Born in Paris and educated in France, Emmanuel Ramambason started his career in 1991 at Paribas and then BNP Paribas.

Emmanuel traded equity derivatives in Europe and Asia until 2003, running the Japan Equity Derivatives trading desk from 1997 to 2003, and the Asia Equity Derivatives trading desk from 2002 to 2003. Following this, he ran the BNP Paribas Asia Credit trading business until 2006 based out of Tokyo.

Emmanuel returned to London in 2006 to run the XVA team at BNPP until 2015. He represented BNP Paribas at the ISDA Board from June 2014 to December 2015.

In 2016, Emmanuel joined Standard Chartered Bank in London and has held several senior positions in the Markets division including Global Head of Resource Management and Optimization (RMO) and Head, Markets for the Continental Europe business (SCB AG).

Emmanuel relocated to Paris in October 2023 and in July 2024 became Co-Head of Credit & Portfolio Management.

Emmanuel is a member of the CIB MT and represents SCB on the Boards of ISDA and GFMA.

He holds a Master of Engineering from l’Ecole des Ponts et Chaussées, Paris.Ramambas

Donald Ricketts is Chairman in FleishmanHillard’s EU office advising on European policy, competition, and reputation strategy for clients. He has supported the world’s largest global institutions and market infrastructures as well as advising innovative new entrants. He joined FleishmanHillard in 2000 having served in the business advisory and assurance practice of one of the world’s leading professional services organisations and in the corporate finance department of a global banking group. Separate from these roles Donald previously worked with the European Commission’s Directorate General for External Political Relations, in a team of officials with responsibility for external “Security Issues”. He holds a Bachelor of Arts degree with honors in Politics, Philosophy and Economics from Oxford University and qualified as a Chartered Accountant.

Nick Sawyer is ISDA’s Global Head of Communications & Strategy, responsible for communications, strategy and events.

Prior to joining ISDA in January 2014, Nick was Editor-in-Chief of Risk.net/Risk magazine and Editorial Director of the Risk Management and Alternative Investments Division at Incisive Media, having previously been Editor of Risk magazine since 2005. Before that, Nick was Editor of Asia Risk in Hong Kong, covering derivatives, risk management, technology and investment management in Asia-Pacific. He started his career as a bond analyst in 1995, before moving into financial journalism, initially focusing on retail banking.

Antony Baldwin is Group Director, Global Head of Collateral and Liquidity Management, LCH Group within LSEG Markets Division, where he is responsible for the strategic direction and growth of the company’s collateral and liquidity management.

Tony has over 30 years’ experience in financial markets and strategic business change management. Before joining LCH in 2017, Tony had spent 22 years at Daiwa Capital Markets Europe, where he was latterly Managing Director, Head of EMEA Fixed Income Division, with ExCo responsibilities for the firm’s EMEA FICC sales and trading operations. He also held an advisory position with HQLAx.

Since 2008, Tony has served on multiple industry committees, including the Bank of England’s Securities Lending and Repo Committee (SLRC), ICMA’s European Repo and Collateral Council (ERCC), and LCH Ltd’s Senior Risk Committee. He currently serves on ICMA’s Market Infrastructure Advisory Group, Secondary Markets Practices Group and CSDR Working Group. He is also involved with the Bank of England’s Money Market Committee and UK Money Markets Code Sub-Committee.

Tony holds a MSc (Econs) with distinction in Accounting and Finance from The London School of Economics and Political Science.

Andrew Bayley joined ISDA in April 2018 as Director for Data and Reporting. He is involved with ISDA’s engagement in relation to EU regulatory reporting initiatives, such as EMIR and MiFID. 
 
Prior to joining ISDA, Andrew was at Bank of America Merrill Lynch for 14 years where he held several derivative operations roles, before working within their regulatory reporting team for five years, involved in the implementation of several global regulatory initiatives including EMIR, HKMA, MAS and ASIC.  
 
Andrew has a degree in Cultural Studies and Literature from Staffordshire University

Amy Caruso is the Head of Collateral Initiatives at ISDA where she is responsible for developing and delivering a transformational strategy for collateral management, including facilitating innovation and compliance while driving standardization and efficiency.

Previously, she served as the Chief Commercial Officer of DTCC-Euroclear GlobalCollateral. Amy managed the derivatives reform initiative at Barings, including preparing the company and its parent MassMutual for OTC clearing readiness, ISDA protocols and representations, SEF implementation, and regulatory reporting in multiple jurisdictions.

Amy was a MassMutual’s Executive Development Program participant, fulfilling various marketing and sales support, product and project management, and compliance roles before transitioning to Barings.

She has held numerous industry roles, including co-chairing SIFMA’s Asset Managers Group’s (AMG) Derivatives Operations Committee, and she was a member of the SIFMA AMG Executive Steering Committee, the Investment Company Institute’s Securities Operations Advisory Committee, ISITC-SIFMA AMG’s ETD and OTC Cleared T+1 Working Group, and ISITC’s Margin and Collateral Working Group.

Amy earned a Bachelor of Arts in Professional Writing and Public Relations from Barry University in Miami Shores, Florida and a Masters of Business Administration with a focus on Marketing from the University of Massachusetts – Amherst.

Andrea Cavone is a senior lawyer at Crédit Agricole CIB with 15 years of international experience across London, Milan, and Hong Kong. He specializes in structured products and derivatives, with deep expertise in legal structuring, regulatory issues, and innovative capital markets solutions—including synthetic securitisations, Islamic finance, and sustainable finance. Andrea is dual-qualified in Italy and England & Wales, fluent in English, Italian and French. Prior to CACIB, he trained and worked at Linklaters, gaining exposure to high-profile capital markets and derivatives transactions.

Antonio Corbi joined ISDA’s Risk and Capital (London) team in May 2008 and is responsible for ISDA’s international activities on accounting and European tax. He is also ISDA’s representative at the EFRAG’ FIWG (Brussels) and EU’s tax projects such as the Savings Directive an AEFI projects.  

Antonio joined ISDA from Fitch Ratings (London) where he was responsible for rating a wide range of Asset Backed Securities in the European Structured Finance team.  

Previously, he had different responsibilities in financial institutions managing international projects in more than twenty-five countries in a mixture of private and public sector work in capital markets and regulated banks, including the World Bank (Washington DC) publishing a Working Paper for the Economic Policy and Prospects Group, and the European Commission (Brussels) as consultant. Prior to that, he worked for the EBRD (London) in the Financial Institutions Department.   

Antonio is a qualified chartered accountant fellow of the ACCA and a member of the Chartered Institute for Securities and Investment in London. He has B.Sc. (Econ) from the University of Valencia (Spain) and M.Sc. (Econ) from the University College Cardiff (UK).

Adrian Dale joined ISLA in January 2019 as Head of Regulation, Digital & Market Practice group. In this role, he manages the associations work on regulation, technology, and market practices of the EMEA Securities Lending markets.

Adrian has over 30 years of experience in financial services including diverse roles in product development, business analysis, IT development, trading, and operations at BNP Paribas, Barclays and BNY Mellon. Prior to joining ISLA Adrian was head of product development for SFTR at IHS Market.

Fabio Fabiani is a Partner at EY with 20 years of experience on complex IFRS accounting matters, including practical implementation issues, remediation and transaction-related accounting advice. He currently leads the EY IFRS Desk for financial services in the UK and has worked across UK, the Netherlands, Italy, Portugal and Greece. Based in London, he divides his time between audit engagements, accounting advisory projects and IFRS technical reviews for large international banks and financial institutions.

Ilene K. Froom is a Partner in the Investment Management Group at Faegre Drinker Biddle & Reath LLP. Ilene advises buy-side and sell-side clients, including banks, hedge funds, mutual funds and corporations, on derivatives matters, including transactional structures, documentation and regulatory issues. She has extensive experience with ISDA-based documentation and advises clients on other trading documentation, including, prime brokerage agreements, lock-up agreements, dynamic margin methodology rules, MSFTAs, MRAs and GMRAs. Prior to joining Faegre Drinker, Ilene was a partner at other leading law firms and was an assistant general counsel at J.P. Morgan Chase Bank, N.A.

Ilene is the chairperson of the Derivatives & Structured Products Law Committee of the New York State Bar Association, is a member of the New York City Bar Association’s Committee on Futures and Derivatives (where she co-chairs a sub-committee), is a member and former board member of Women in Financial Markets. She has been recognized by Chambers Global Capital Markets: Derivatives, Chambers USA Capital Markets: Derivatives and The Legal 500 United States.

Ilene is a frequent speaker on derivatives topics and has presented at conferences for ISDA, the Practising Law Institute (PLI) and the New York City Bar. She has also guest lectured about derivatives at Georgetown Law School, George Washington University Law School and New York Law School. Ilene received her B.A. degree from Brandeis University and her J.D. from New York University Law School.

Zach Goodman is a Partner in the Financial Services practice of Ernst & Young LLP. He advises clients on accounting and financial reporting matters related to financial instruments including derivatives and hedging, debt and equity and netting. Zach serves as a subject matter advisor for ISDA’s North American Accounting Committee related to derivatives and hedging and financial institution practice issues including emerging issues like ESG and LIBOR cessation. Prior to joining EY, Zach was a member of the technical staff at the Governmental Accounting Standards Board, the standard setting body for GAAP for U.S. state and local governmental entities.

With over 15 years’ industry experience, Tim Hartley is a specialist in EMIR regulatory reporting and has a deep understanding of the full trade and position reporting lifecycle, from pre-sale, through to daily reporting and post-trade reporting review.

Tim has assisted and advised a broad range of firms, including hedge funds, asset managers, brokers and non-financial firms to enable them to meet reporting and regulatory requirements, implement fit for purpose and best practice approaches, as well as avoid regulatory scrutiny and enforcement action.

Prior to Kaizen, Tim was an EMIR and SFTR Reporting specialist for Kroll, where he led the firm’s expert reporting review consultations, authored and delivered EMIR and SFTR training modules on behalf of a leading Trade Repository, and was a regular panelist on EMIR Reporting webinars and conferences. Tim spent five years leading and developing the CME Trade Repository as Global Head of Client Services, after having focused on derivative onboarding for JPMorgan Chase.

Mark Higgins is a senior Product Manager based in London with BNY Mellon Markets. Mark has extensive collateral management experience having previously held a product management position at Lombard Risk Systems. Prior to this, Mark represented UBS across all areas of OTC Collateral Management, including derivatives, repo and securities lending.

Mark joined the company in 2008 and is part of a team leading the promotion of Liquidity and Margin solutions available at BNY Mellon.

Mark graduated from The University of Central England in Birmingham (UK) with an Honours Degree in Business Management.

Leo Labeis is the Founder & Chief Executive Officer of REGnosys. With 15 years’ experience in delivering innovative solutions to securities trading businesses, Leo’s core expertise is in the transformational impact of technology and regulation across the financial sector.

REGnosys is a collaborative low-code platform for regulatory reporting. It allows regulated financial institutions to slash their risk and cost of reporting by working together. REGnosys’ award-winning core software platform, Rosetta, is trusted by global financial institutions, standard-setting bodies and regulators who are collaborating to deliver on the industry’s Digital Regulatory Reporting transformation.

Prior to founding REGnosys in 2016, Leo was the Global Markets head of MiFID II implementation at Goldman Sachs. Leo joined Goldman Sachs in 2003 as a Trading Strat for Fixed-Income, Currencies and Commodities and was named Managing Director in 2010.

Leo graduated from Ecole Polytechnique in 2001 and holds two MSc. from Ponts & Chaussées and UPMC Paris VI with majors in Applied Mathematics and Electrical Engineering.

Hee Lee is a Partner in EY FSO Financial Accounting Advisory Services practice and serves as an advisory partner for various global institutions. Mr. Lee devotes substantially all his time to advising on accounting and reporting for complex financial instruments and structured transactions including derivatives and hedging activities, repos, security lending and securitization and share buyback programs. He also acts as the global accounting and financial reporting advisor to the International Swaps and Derivatives Association (ISDA) Accounting Committee.

Andrew Leonard is Barclays multi-entity SME lead for FCA Regulatory Reporting across Transaction Reporting (RTS 22/23), EMIR, PTT (RTS 1 & 2) and SFTR and additional regulatory areas, working closely with the Americas and APAC regions to ensure consistency.

Providing Compliance Advisory support on regulatory and compliance matters to Global Investment Banking Operations and Front Line Business to ensure compliance with regulatory obligations and adherence to conduct, policies and standards.

Prior to joining Barclays, spent nearly 5 years at the FCA in Secondary Markets’ Markets Reporting Team (MRT) leading the oversight of Firms in their reporting to the FCA and worked closely with Policy, Supervision and Enforcement areas with the FCA. Additionally, brings significant investment banking experience having worked in sales trading and trading at buyside and sellside investment firms for over 15 years prior to the FCA.

Xiaobo Liu is a seasoned banking professional with 15 years of experience in quantitative model development, validation, and governance across pricing and risk analytics in financial markets. She currently leads the development of counterparty credit risk (CCR) models at Standard Chartered Bank, driving automation and front-office integration to enhance risk management, capital efficiency, and pricing capabilities for complex products. Her work has been instrumental in streamlining risk calculations, reducing costs, and improving decision-making for trading and risk teams.

Xiaobo has extensive experience in risk and capital modelling, including contributions to key regulatory initiatives such as FRTB and SIMM. Her deep knowledge of traded risk management, model governance, and regulatory compliance allows her to drive innovative solutions in risk and pricing analytics.

Before joining SCB, Xiaobo worked in Société Générale’s Commodity Model Validation team in Paris, focusing on pricing model validation for derivatives and structured products. She holds a Master of Science from École Polytechnique and Université Pierre et Marie Curie (Paris 6), renowned for their rigorous quantitative finance programs.

Sophie Marnhier-Foy is Vice President and Head of Client Solutions Strategy of the Financial Technology division at Nasdaq. Sophie also serves as Chair of the Calypso Central Counterparty (CCP) Roundtable and Central Bank Forum.

Prior to this role, Sophie was Head of Product Management for the Calypso Risk, CCP and clearing solutions. Before joining Calypso, Sophie worked for Calyon (now Crédit Agricole CIB) in New York and Paris, focusing on risk management and front-office programs. Prior to Calyon, she was a bank auditor for PricewaterhouseCoopers (PWC) Paris.

Ciarán McGonagle is a seasoned lawyer specialising in digital assets and smart contracts with deep financial market expertise. As Tokenovate’s Chief Legal & Product Officer, he drives the legal-first product vision while serving as in-house counsel. He previously was Assistant General Counsel at ISDA and held roles at Deutsche Bank and Morgan Stanley. A graduate of Queen’s University Belfast, trained at Allen & Overy, Ciarán has taught property law and worked in Senator Chuck Hagel's office. He co-authored a seminal whitepaper on smart derivatives contracts and was named one of the UK’s Hot 100 lawyers in 2025.

Olivier Miart joined ISDA in October 2015 and currently Co-heads ISDA’s Digital Transformation team, leading digitisation initiatives and focusing on key industry needs across ISDA’s technology platforms and data standards to enable efficiency and cost reduction across the industry and contribute to a more standardised, automated and efficient derivatives market.

Before joining ISDA, Olivier worked at Commerzbank and RBS Global Markets in derivatives sales and structuring roles. Mr. Miart holds an MSc in Finance from Solvay Brussels School of Economics.

Gen Nakajima is a Director of Strategic Planning for Clearing IT Innovation at Japan Securities Clearing Corporation (JSCC).

He began his career at the Industrial Bank of Japan in 1998, where he was in charge of fixed income product control, including managing a Real-Time Gross Settlement project at Mizuho Securities, following an intra-group transfer.

From 2002 to 2012, he served as a risk manager for derivatives, including commodities and structured notes, at First Chicago Tokio Marine Financial Products and Tokio Marine Financial Solutions.

Since 2013, he has been working for JSCC. Prior to his current role, he was a Chief Manager and Head of the Risk Management Department, for more than 10 years.

Mark New is Co-Head Digital Transformation & Senior Counsel, Americas, at the International Swaps and Derivatives Association, Inc. (ISDA) where he works primarily on derivatives documentation issues. He covers a broad range of documentation areas, with a particular focus on US regulatory implementation, non-cleared swap margin requirements and credit derivatives. In this role, he has worked on a large number of ISDA projects, including publication of several documents relating to regulatory margin implementation and the 2014 ISDA Credit Derivatives Definitions and related Protocol. He is a regular speaker at ISDA conferences on topics including margin requirements, credit derivatives, and the ISDA Master Agreement. Prior to joining ISDA, Mark worked as a credit derivatives structurer and practiced as a solicitor in London.

Mark graduated with first class honours in law at Oxford University and was a Fulbright Scholar at the University of California, Berkeley where he took an LLM degree. He is a member of the New York Bar and a solicitor of England and Wales.

Koen Ottenheijm is a senior Treasury & Trading Development Manager at APG Asset Management NV. In his role, he looks after the commercial contracts, market and regulatory developments that affect Treasury & Trading. He is responsible for negotiating bilateral and cleared derivatives documentation, just as he oversees the implementation of new initiatives and regulatory driven projects. During his career, he has specialized himself in the field of collateral, clearing and the treasury infrastructure.

Prior to this, Koen worked 5.5 years within Cash & Collateral Management at APG. Koen holds a master in Business Management from Plymouth University and is a Registered Treasurer (RT) with the Dutch Association of Corporate Treasurers.

Lavinia Ponniah is the EMIR Refit Product Lead within the Repository and Derivatives Services group at DTCC, focused on initiatives impacting the Global Trade Repository service.

Prior to DTCC, Lavinia held various derivatives and regulatory positions at Macquarie Bank and UBS. She has over 15 years industry experience and holds a Bachelor of Science in Mathematics from the University of New South Wales, Australia, and a Masters of Business in Finance from the University of Technology, Australia.

Rick Sandilands is Senior Counsel, Europe at ISDA and joined in November 2016. Over the past 20 years, Rick has worked in a legal and compliance capacity in a number of international financial institutions, including as part of the administration of Lehman Brothers International (Europe).