Roles and responsibilities of Fund Directors
“Evolving obligations & practices of Fund Directors”
This seminar is organised by the House of Training, in close cooperation with ILA and ALFI. It will allow members of Board of Directors to identify the best governance practices for funds and to identify and manage conflicts of interest. This interactive seminar includes theoretical basics, presentation on the regulatory novelties by professionals and exchange between participants through the resolution of a specific corporate case.
Despite the ever increasing focus on corporate governance matters, members of boards of directors of companies and collective investment schemes (CIS) still tend to underestimate the extent of their legal, regulatory and financial responsibilities.
- What are the impacts of the new directives and circulars?
- What are the best governance practices for CIS?
- What are the roles of the service providers of the CIS?
- How to choose the members of a board of directors?
- How to assess and mitigate liability of directors?
- How to deal with conflicts of interest?
- How to apply AML regulations and guidelines?
The purpose of this seminar will be to comment on these key issues, to consider possible lines of actions and to offer solutions.
This interactive seminar includes theorethical basics, representations by professionals and exchange between participants through the resolution of a specific corporate business case.
The presentations will deal with the following topics::
Roles and responsibilities of directors and managers
Overview of Luxembourg company law and fund structures for directors and managers
Identification and management of conflicts of interests
Impact of the European plan of action of corporate governance on the exercise of directors’ duties
Recent developments in regulations and best practice
Studies of governance practices of management and investment companies of CIS
Preparation and holding of boards of directors’ meetings
The particular case of managers responsible for UCITS and AIF Funds: organisation and good practice
The role of service providers to CIS and investment management companies
Liability management for directors and managers
Legislative coverage and insurance
AML regulations and guidelines for Directors
The ALFI Code of Conduct
A group of 20 to 25 persons representing:
Fund and investment management companies’ directors (UCITS, SIF, SICAR, RAIF,...), independent or in employment contracts
Managers responsible for funds and investment companies with management and/or supervisory responisiblities
Executives and managers of management companies and/or funds
Executives and managers (legal, domiciliation and compliance services) of service providers, e.g. depository banks, administrative and domiciliary agents
Lawyers specialising in investment funds
Auditors specialising in investment funds
Other professionals involved in this field (insurance, infrastructure, risk management, etc.)
Participation fee: 1.180,00 EUR (+VAT 3%) for ILA members
Registration at the House of Training via e-mail email@example.com or on the website:https://www.houseoftraining.lu/training/governance-roles-and-responsibilities-of-funds-directors-300
Date and Time
To 02/10/2019 17:00