As of May 8

Workshop on Strengthening Corporate Governance within Financial Institutions

May 19-22, 2004

Shanghai National Accounting Institute

Shanghai, P.R.China

Tuesday, May 18

08:30 -20:30 Registration

18:00 – 20:00 Welcoming Reception/Dinner

Venue: 208# 209#, AB Area

Wednesday, May 19

08:30 – 08:45 Opening Ceremony

Chair: TBD Presenters: TBD

Venue: 208# 209#, AB Area

08:45 - 09:00 Photo Taking

09:00 – 10:15 Overview of OECD Principles and Corporate Governance within Banking Sector

Presenter: --Mr. Thompson John, Financial Counsellor, DAFFE, OECD

Venue: 208# 209#, AB Area

10:15 – 10:30 Coffee Break

10:30– 11:45 The Regulatory Framework and Government's Role in Improving Corporate Governance within Banking Sector

Presenters: --Dr. Jesus Estanislao, President, Institute of Directors of the Philippines

--Mr. JIAO Jinpu, Deputy Director-General, Research Bureau, People's Bank Of China

Venue: 208# 209#, AB Area

11:45 – 13:30 Lunch

13:30 – 14:45 Financial Disclosure and Information Transparency in Banks

Presenter: n Mr. CHI-WEN Jevons Lee, Associate Dean for Asian Programs, Freeman College of Business, Tulane University

Venue: 208# 209#, AB Area

14:45 – 15:00 Coffee Break

15:00 – 17: 00 Panel Discussion: Sound Corporate Governance Practices in Banks: Basel 2

Moderator: Mr. Ken Waller, Group Economic Advisor, Commonwealth Bank of Australia

Panelists:

--Mr. John Hatton, Secretary, Commonwealth Bank of Australia

--Mr. Stefan Hohl, BIS Asia Regional Office

--Dr. Jesus Estanislao, Institute of Directors of the Philippines

Venue: 208# 209#, AB Area

Thursday, May 20

09:00 – 10:15 Case Study of APEC Economy: Corporate Governance of Banks in Korea: Experiences and Lessons Learned

Presenter: n Dr. Kwang S. Chung, Chairman, the Korea Corporate Governance Service, Korea

Venue: 208# 209#, AB Area

10:15 – 10:30 Coffee Break

10:30 – 11:45 Case Study of APEC Economy: Corporate Governance of Banks in Hong Kong: Experiences and Lessons Learned

Presenter: n Mr. Angus Chan, Senior Manager of Banking Policy Department, Hong Kong Monetary Authority, Hong Kong

Venue: 208# 209#, AB Area

11:45– 13:00 Lunch

13:00 – 14:15 Case Study: Internal Control Systems in Commercial Bank

Presenter: --Mr. Simon Glass, Chief Financial Officer, HSBC

Venue: 208# 209#, AB Area

14:15 – 14:30 Coffee Break

14:30 – 15:45 Case Study: Governance Structure in Commercial Bank

Presenter: --Mr. Jeffery Coles, Professor of Finance, Arizona State University

Venue: 208# 209#, AB Area

15:45 – 16:00 Coffee Break

16:00 – 17:30 Group Discussion

Moderators: TBD

Presenters: All participants

Venue: 208# 209#, AB Area

Friday, May 21

09:00 – 09:30 Setting the scene

Opening address - International Trends in Financial Reporting

Presenter: --David Campbell, Asia Pacific Insurance Practice Leader, PriceswaterhouseCoopers

09:30 – 10:30 Key developments arising, including corporate governance issues - incl Sarbanes Oxley

Chairman: Ken Waller, Commonwealth Bank of Australia

Presenters:

--Yasuo Kanzaki, Nikko Citigroup Ltd.

--Brant Free, the Chubb Corporation.

10:30 – 10:45 Coffee Break

10:45 – 12:15 International accounting standards for insurance contracts

Presenters:

--Bruce Cameron, PricewaterhouseCoopers, China

--David Knox, Director, Actuarial, PricewaterhouseCoopers, Australia

12:15– 13:30 Lunch

13:30 – 14:45 Issues in implementation - an industry perspective

Presenter: --Nigel Hazel, Regional Director, Finance and Operations, CMG Asia

14:45 – 15:00 Coffee Break

15:00 – 17:00 Panel discussion: Strategic developments going forward

Moderator: Mr. Ken Waller, Group Economic Advisor, Commonwealth Bank of Australia

Panelists: Yasuo Kanzaki; David Campbell; Brant Free; Bruce Cameron; David Knox; Nigel Hazel

17:00 – 17:20 Brief Conclusion on Challenges for the Asian Insurance Industry Arising from International Accounting Standards

Saturday, May 22

09:00 – 10:15 Compliance, Business Ethics and Corporate Governance in Financial Institutions

Presenter: --Juliet McKee, NZPECC Finance Forum Convenor

10:15 – 10:30 Coffee Break

10:30 – 11:30 Group Report Presentation of Findings from Group Discussions

11:30– 13:00 Lunch

13:00- 18:00 Visiting Shanghai Stock Exchange and Shanghai Tour

18:00-20:00 Farewell Dinner