Milan

Corso di Porta Romana, 61, 20122 Milano MI, Italy

May 19 2020

25+ Speakers

Leading figures in the Risk Transfer Sector

120 Seats

Register to secure yours today

Introduction

Join SCI for the Join SCI for the 3rd NPL Securitisation Seminar

SCI's 3rd Annual NPL Securitisation Seminar, kindly hosted by Orrick, will take place in Milan, the heart of the global NPL sector. This unique seminar - the only event in the industry dedicated to discussion around securitisation of NPLs - an opportunity for key investors, issuers and service suppliers to gather and add depth to discussions around European NPL portfolios, the regulatory treatments of such securitisations and the benefits of this technology as an exit mechanism. The seminar will explore recent developments in the European non-performing loan market, including regulatory updates, the establishment of an asset protection scheme in Greece and the emergence of Spanish NPL ABS. The event also highlights servicing and workout trends, as well as the performance of rated NPL securitisations.

December: €633+ 20% VAT per person

January: €733+ 20% VAT per person

February: €833+ 20% VAT per person

March: €933+ 20% VAT per person

Start the registration process below:

Exclusive Host

Gold Sponsor

Agenda

  • 19 May

Speakers

December: €633+ 20% VAT per person

January: €733+ 20% VAT per person

February: €833+ 20% VAT per person

March: €933+ 20% VAT per person

Start the registration process below:

Conference App

Many fellow delegates and speakers are already using the App to arrange meetings on the day. Please download and register the conference app to maximise your time at the event: https://attendify.com/app/5ompad

Francesco Di Costanzo

Investment Manager
Hoist Finance

19 May

Romina Rosto

Managing Director
Societe Generale
Romina is in charge of the Advisory team within the Asset Backed Products group of Société Générale.
She joined SG in September 2006, after 5 years with Banca Intesa.
She has been involved in NPL dismissals, public and private securitisations, in different jurisdictions and on various asset classes (inter alia NPL ABS, RMBS, SME ABS, leasing, consumer ABS, auto loans, healthcare receivables).
Romina holds a degree in Economics Cum Laude from Bocconi University. After the degree, she has conducted research activity for 1 year in the area of corporate finance for the same university.

19 May

Enrica Landolfi

Head of ABS Origination
HSBC
Head of ABS Origination for Continental Europe and Structured Finance for Italy

A 15- year veteran in HSBC holding different positions, Enrica Landolfi is currently head of ABS Origination for Continental Europe and Structured Finance for Italy.

With extensive experience in debt capital markets and structured finance field, she currently looks after the origination of public ABS and co-ordinates the activities in the non-performing loans financing space within EMEA as well as the coverage of all structured finance in Italy.

During her career, she has participated in the structuring and origination of more than 50 transactions backed by various asset classes such as consumer, automotive, mixed portfolio of secured and unsecured loans and non-performing loans.

Enrica is an Italian qualified lawyer with a degree in Law with distinction by the University of Naples. Moreover, she holds a Master of International Commercial Law from the University of Kent at Canterbury.

19 May

Orrick

Societe Generale

REGISTRATION

08:45 AM 09:30 AM

Welcoming Remarks

09:30 AM 09:35 AM

MARKET OVERVIEW

09:35 AM 10:30 AM

Panel kindly sponsored by  
An overview of what is driving European non-performing loan activity, highlighting issuance volumes, the main asset types and major jurisdictions. What is the outlook for the market, given the turn of the credit cycle? What role is technology and data playing in the development of the market, including the use of artificial intelligence and digitalisation? What are the main workout strategies being pursued?

Romina Rosto - Societe Generale
Enrica Landolfi - HSBC






Speakers

REGULATORY DEVELOPMENTS

10:30 AM 11:25 AM

A discussion of recent NPE regulatory and legislative developments, including the EBA’s opinion on CRR constraints and the prospects for NPL significant risk transfer deals. What impact are the ECB/EBA/ESMA NPL templates having on portfolio sales and securitisation? Is the European Parliament’s secondary market directive facilitating increased liquidity and investor participation?

Lunch & Networking Break

11:25 AM 12:25 PM

SERVICING

12:25 PM 01:20 PM

This panel examines the importance of sourcing relationships and the rise of strategic partnerships, including joint ventures. What is driving consolidation across servicers and what benefits does this bring? How much of a constraint is servicing capacity and supply of talent to the development of the NPL market?

NPL SECURITISATION

01:20 PM 01:50 PM

A focus on the GACS and Hercules guarantee schemes. Can NPL securitisations be executed economically without such schemes? Are ReoCos and LeaseCos likely to become more widespread? How have rated NPL securitisations performed and are ERC curves catching up with reality?

Francesco Di Costanzo - Hoist Finance

Speakers

Network Break

01:50 PM 03:20 PM

Keynote Fireside Chat

03:20 PM 03:50 PM

INVESTMENT TRENDS

03:50 PM 04:45 PM

This panel explores emerging NPL opportunities, including the rise of non-performing real estate leases and Spanish securitisation issuance. How is the UTP loan market progressing? Which new pockets of value are likely to appear in 2020?

Cocktail Reception

04:45 PM 06:00 PM