A free all-day conference under the auspices of the European Commission and the Japanese Financial Services Agency, organised by the European Corporate Governance Institute and the University of Tokyo. The organisers are most grateful for the support for the 2012 Conference of the University of Tokyo, Keio University, the Tokyo Stock Exchange and the Japan Securities Dealers Association.

Programme | Speeches & presentation slides | Video recordings

Comparing Regulatory Reforms and Market Practices
Friday, July 6, 2012
Financial Services Agency, Tokyo

09.30 - 10.00 Registration Professor Hideki Kanda
Hans Dietmar Schweisgut
Jörgen Holmquist
10.00 - 10.20 Welcome
Hideki Kanda
Professor, Graduate Schools for Law and Politics
University of Tokyo

Opening remarks
Hans Dietmar Schweisgut
Ambassador of the European Union to Japan

Introduction to the Conference
Jörgen Holmquist
Chairman
European Corporate Governance Institute (ECGI)

Session 1 - EU Harmonization : What has it Achieved?

10.20 - 11.00

Briefing
Hanno Merkt
Professor, and Director of the Institute for Foreign and Private International Law
University of Freiburg

Professor Hanno Merkt

Session 2 - Ongoing Regulatory Initiatives

11.00 - 11.30 Keynote Speech
Eric Ducoulombier
Head of Corporate governance, social responsibility
DG Internal Market and Services, European Commission
Eric Ducoulombier
11.30 - 12.00 Keynote Speech
Toshio Oya
Assistant Commissioner for International Affairs
Financial Services Agency
Toshio Oya
12.00 - 13.15 Lunch (Lunch will not be provided for delegates)

Session 3 - Intercontinental Investments

13.15 - 14.15 Moderator
Naoyuki Yoshino
Professor, Faculty of Economics, Keio University
and Chairman, FSA Financial Council
Professor Naoyuki Yoshino
Briefings
Mats Andersson
Chief Executive Officer
The Fourth Swedish National Pension Fund (AP4)
Takahiro Mitani
President
Government Pension Investment Fund, Japan (GPIF)

Q&A
Mats Andersson
Takahiro Mitani

Session 4 - Shareholder Activism

14.15 - 15.30 Moderator
Hideki Kanda
Professor, Graduate Schools for Law and Politics
University of Tokyo
Professor Hideki Kanda
Briefings
Julian Franks
Professor of Finance
London Business School
Professor Julian Franks

Hasung Jang
Professor of Finance
Korea University Business School

Q&A

Hasung Jang
15.30 - 16.00 Coffee break

Session 5 - Financial Instruments

16.00 - 17.15 Moderator
Gerard Hertig
Professor of Law
Swiss Federal Institute of Technology
Professor Gerard Hertig
Briefings
Arturo Bris
Professor of Finance,
IMD Business School
Professor Arturo Bris
Noriyuki Yanagawa
Professor, Graduate School of Economics
University of Tokyo

Q&A
Professor Noriyuki Yanagawa

Session 6 - Goals of Corporate Governance

17.15 - 18.15 Moderator
Jörgen Holmquist
Chairman, ECGI
Discussants
Li Guo
Professor, Peking University Law School
Kon Sik Kim
Professor, Commercial Law, SNU School of Law
Luh Luh Lan
Associate Professor, Faculty of Law, National University of Singapore
Jörgen HolmquistProfessor Li Guo
Professor Kon Sik Kim, Seoul National UniversityProfessor Luh Luh Lan, NUS Business School

18.15 - 18.30 Conclusions
Marco Becht
Professor of Finance and Economics
Université Libre de Bruxelles and ECGI Executive Director
Professor Marco Becht

19.00 - 20.30 Reception
Speech by
Atsushi Saito
President & CEO
Tokyo Stock Exchange
Atsushi Saito


The Dialogue is sponsored by PricewaterhouseCoopers (PwC).