Overview
Agenda
Date: 21 November 2023
Hosted by
Intesa Sanpaolo
Overview
The commercial paper (CP) market in Italy has hitherto been modest, but recent changes in the Italian tax and legal framework may now catapult it into the mainstream as a viable tool to fund short-term liabilities. By reference to more active markets elsewhere, in this event we heard from practitioners about the benefits of CP, and how its characteristics complement other, more long-term funding strategies, as well as the process of CP issuance. With an eye to the future, we also considered potential policy developments around CP, and how CP can lend itself to an issuer’s sustainability planning.
| CET | ||
| 14:30 | Registration | |
| 15:00 | Welcome remarks Cristiano Maffi, Head of Global Primary Markets and Solutions, Intesa Sanpaolo |
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| 15:05 | Joint keynote: The genesis and development of CP globally, and locally Emiliano Carchen, Partner, Oliver Wyman Alessandro Accrocca, Partner, Orrick |
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| 15:25 | Panel discussion: Commercial paper – current status and future prospects Moderator: Katie Kelly, Senior Director, Market Practice and Regulatory Policy, ICMA
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| 16:20 | Panel discussion: The issuers’ experience Moderator: Manuela Carra, Head of Finance, Cassa Depositi e Prestiti
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| 17:00 | Closing remarks Alberto Zaffignani, Managing Director, Global Markets Natixis Italy and Chair, ICMA Italian Region |
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| 17:05 | Networking reception | |
| 18:00 | Event close |
