Events

Governance of management companies and AIFs / ucits

790 €

at 0.7 KM
IFE Follow

Training
Business
Legislation
Strategy
Legal

thu. 13 Jun.

fri. 6 Dec.

Program
Assimilate the regulatory framework
• UCITS IV, UCITS V, Circulars CSSF 12/546, AIFM Directive.
• Professional recommendations (ALFI, ILA ...).

Integrate the governance principles applicable to AIFMs, UCITS management companies and "SuperMancos"
• Regulatory framework and professional recommendations.
• Main results and conclusions of recent studies concerning the governance of management companies.
Practical exercise: concrete examples of management companies exposed to governance issues.

Identify and manage conflicts of interest and operational risks
• Regulatory framework and professional recommendations.
• Introduction to operational risk management.
Case Study: An example of operational risks that management companies may be exposed to.

Supervision of the delegates (managers, distributors and administrators) / due diligence
• Introduction to operational risk management.
• Conduct due diligence on managers, administrators and distributors.

Recent Developments and Future Trends in Governance
• Main impacts of future European and Luxemburgish regulations (UCITS V, UCITS VI, AIFM, MiFID II).
• Recent developments in terms of professional recommendations (ALCO, ALFI, ILA).
• New professional qualifications and training for administrations (ILA, Guberna, INSEAD ...).

Good to know

objectives
Assimilate regulatory requirements and applicable market standards in terms of substance and good governance for investment funds and management companies in Luxembourg.

For who ?
Back-office, auditors, Compliance Officers, OPC / Banking lawyers, commercial OPC or banking sector, tax administration, financial consultants ... Anyone wishing to acquire a basic knowledge of financial instruments and risks related to these instruments.

Prerequisites

Acquired skills:
At the end of the training, you will be able to master the principles of good governance applicable to management companies, understand the impact of recent regulations (AIFM, UCITS ...) on governance and have management concepts operational risks incurred by management companies.