| Vladimir Gusakov, Deputy Head of FFMS |   |
| Anna Popova, Director, Corporate Management Department, Ministry of Economic Development and Trade |   |
| Invited speaker: Alexei Savatugin, Director, Financial Policy Department, Ministry of Finance of the Russian Federation |   |
| Invited speaker: Garegin Tosunian, President, Association of Russian Banks |   |
| Invited speaker: Alexander Semenyaka, Director General, AHML |   |
| Invited speaker: Andrei Krysin, Chairman, Committee on Mortgage Lending, Association of Russian Banks |   |
| Coffee-Break |
| Section 2: Securitization on the foreign financial markets. "Offshore" securitization |
| Representative of a rating agency (Moody's) | Securitization as an instrument of the international financial market |
| Securitization opportunities for Russian borrowers on the eurobond market | Alex Medlock, Head of Origination - Capital Markets, Moscow Narodny Bank (London) |
| Representative of Soyuz Bank | Auto loans securitization experience |
| Representative of Rosbank | Credit card debt securitization experience |
| Yuri Nechuyatov, Tax Partner, Ernst & Young (CIS) | Legal support for securitization deals in matters of taxation |
| Lunch |
| Section 3: Securitization opportunities on the Russian financial market |
| Alexander Kazakov, Senior Lawyer, Liniya Prava Law Firm | Legal aspects of mortgage loan securitization |
| Gennady Suvorov, consultant, IFC | The topic is under review |
| Leonid Vekshin, Director, Finance Department, AHML | AHML: perspectives of mortgage securities issuance |
| Commercial banks representatives | Perspectives of mortgage securities issuance |
| Alexander Chernyak, Director General, OOO BTA Ipoteka (Russia) | Perspectives of mortgage securities issuance |
| Coffee-Break |
| Igor Frolovsky, Head of Securities Department, Bank of Moscow | Quasi-securitization: collaterized mortgage obligations (by the example Housing Finance Bank bonds) |
| Edward Voronin, Director General, NVK asset management company | Mortgage mutual funds |
| Vladimir Nikolkin, Advisor, Region Investment Company | Place of specialized depository companies in refinancing programs |
| Panel discussion "Problems and perspectives of securitization" |