On June 6-7, 2007 Yerzhan Tatishev Foundation in collaboration with International School of Economics under Kazakh-British Technical University and London School of Economics and Political Science will organize lectures for the specialists of financial and economic spheres on following themes:

1. “Creating an EU Retail Banking Market”
Assesses progress towards creating a single market in retail banking services in the European Union and the barriers that have yet to be overcome - a cross border payments system has yet to develop and there have been fewer cross border mergers to date, but would consolidation be good for the consumers?

Date: June 6, 2007, Wednesday
Time: 14.30-16.00

2. “Bank Regulation and The Corporate Governance of Banks”
Introduces the corporate governance (principal-agent) problem and explains why it is different for banks (because they have a fiduciary duty to depositors as well as shareholders). To resolve the problem, banks need to be regulated to protect depositors.

Date: June 6, 2007 Wednesday
Time: 16.30-18.00

3. “Globalization, Financial Sector Convergence and Corporate Governance”
Examines the convergence of financial systems, driven by globalization, and the emergence of a hybrid financial system. The hybrid system consists of financial conglomerates combining commercial and investment (universal) banking and insurance (bancassurance) and is more capital market oriented. The implications of ‘hybridisation’ for corporate governance are explored.

Date: June 7, 2007, Thursday
Time: 15.00-17.00

Professor of Birmingham Business School Andrew Mullineux is invited to deliver lectures.

Lectures will be given in English with simultaneous translation into Russian language. Venue: hall 3, floor # 4, entrance from Tole Bi Str. (corner of Abylai-khan Ave.), Kazakh-British Technical University.

Masters and students of financial and economic departments of Kazakhstan universities as well as financial specialists of state and private financial institutions of Kazakhstan are invited to attend the lectures.

We request the potential attendees to fill in registration form and send it via e-mail: s_sultanbekova@bta.kz with mark “seminar” or fax: +7 327 266 34 94. Deadline– June 1, 2007. Number of seats is limited.

Electronic version of this announcement is available at website of Yerzhan Tatishev Foundation: www.tatishevfoundation.com

The Foundation will not cover travel and accommodation expenses of the attendees.

Professor Andrew Mullineux

Andy Mullineux is Professor of Global Finance and Head of the Finance Subject Sub-Group in the Birmingham Business School. He has published extensively on monetary policy and business cycles, financial sector restructuring and regulatory and supervisory reform in emerging market economies. He is currently working on the role of the financial sector in corporate governance and the corporate governance of banks. He has conducted executive training courses and/or consultancy relating to the financial sector in Jordan, Vietnam, Turkey, Tanzania and the U.A.E.