• Kush Patel, Senior Manager, Deloitte and International Accounting Standards Board (IASB) Practice Fellow
• Craig Kennedy, IFRS 9 Markets Leader for Corporate Clients, Deloitte
• Jiro Okochi, CEO and Co-Founder of Reval
• Peter Reynolds, Vice President EMEA, Reval

• New hedge effectiveness testing requirements
• A new way to account for option derivatives used for hedging
• More risk components of non-financial items eligible for hedge accounting

This webinar will help you to understand the practical impact of the proposed changes, as well as give an insight in to how this fits in with the EU OTC derivatives reform.

About Speakers

Deloitte Speakers

Kush Patel
Senior Manager, Deloitte and IASB Practice Fellow
Kush is a financial instrument accounting expert, specialising in hedge accounting. At Deloitte, he is a member of the UK IFRS Centre of Excellence and participant in the Global IFRS Leadership Team. Kush is a recent Practice Fellow of the IASB. At the IASB, Kush worked on the hedge accounting phase of the project to replace IAS 39 Financial Instruments: Recognition and Measurement, where he was directly involved in writing the hedge accounting exposure draft. Kush regularly writes for accounting and treasury journals on the topic of financial instrument accounting and is a contributor to Deloitte iGAAP 2010 Financial Instruments: IAS 32, IAS 39, IFRS 7 and IFRS 9 explained.

Craig Kennedy
IFRS 9 Markets Leader for Corporate Clients, Deloitte
Craig is a technical accountant who specialises in the accounting and valuation of complex financial instruments. Craig heads up the Accounting Advisory and IFRS Accounting Projects pillars of the Financial Instrument Solutions team in London. He has been involved in providing technical accounting advice, hedge accounting strategies and quantitative support for financial instruments to a wide range of Corporate and Banking clients.

His experience has been obtained in the United Kingdom, Ireland, France, United States of America and South Africa.

Jiro Okochi
Chief Executive Officer and Co-Founder
Reval CEO and Co-founder Jiro Okochi is dedicated to helping companies better manage their use of derivatives. He started Reval in 1999 after holding senior positions in derivative sales at major global banks, including WestLB, Deutsche Bank, DKB Financial Products (now part of Mizuho), and Security Pacific Bank (now part of Bank of America). His vision was to provide corporate end-users with a technology solution to effectively assess, measure, document and account for derivatives. Under his leadership, Reval delivered the first Software-as-a-Service (SaaS) solution for derivative risk management and hedge accounting.

With 23 years experience in finance and technology, Mr. Okochi continues to serve the industry as a thought leader. In 2009, he testified on behalf of corporate end-users for the fair reform of OTC derivatives before the U.S. Senate Agriculture Committee. He is a member of the Global Markets Advisory Committee to the U.S. Commodity Futures Trading Commission and was named one of the 100 Most Influential People in Finance by Treasury & Risk magazine for a third time since 2003.

Mr. Okochi is a published writer and a frequent speaker at domestic and international industry conferences for the Association of Financial Professionals, Association of Corporate Treasurers, International Association of Corporate Treasurers (China), Association of Corporate Treasurers (Singapore) and Acumen, among others, and at events with Deloitte LLP, Ernst & Young LLP and PricewaterhouseCoopers LLP. Mr. Okochi holds a Bachelor of Science degree in Genetics from the University of California at Berkeley.