Today, on 2 May 2016 in the Arendt House Auditorium, we are hosting an Investment Funds seminar.
After the great success of the "UCITS Depositary Regime: is the market ready?" seminar held three months ago, we wanted to focus this Investment funds seminar on remuneration and sanctions. It is intended to provide you with everything you need to know and to do regarding the impact of the remuneration and sanctions regimes on the UCITS V and AIFM directives.
On 21 April 2016, the Luxembourg Parliament adopted bill of law no. 6845 implementing the UCITS V Directive. The adopted bill of law is merely a transcription of the UCITS V Directive into the UCI Law, implementing the new depositary and sanctions regime and the requirement to establish remuneration policies. It also impacts the AIFM Law as some requirements apply to alternative investment fund managers.
The implications of both Directives have been well documented, but it is important to note the similarities and differences between the two in several areas and in particular as regards their new remuneration and sanctions regime.
Divided into two panels, this seminar will focus on:
- How to efficiently adapt your remuneration regime: during this discussion practical solutions will be given as well as an overview of what will come next.
- How to deal with sanctions: the sanctions regime is considered to be a new player in the field, a reminder of "what you should not forget" will be provided on this panel.
The fund industry is a very challenging sector as is it fast moving and this seminar aims to offer you a practical overview of the changes which have occurred recently.
Should you require more information, please do not hesitate to contact one of the panellists or their team: Michèle Eisenhuth,Alain Goebel,Isabelle Lebbe,Claude Niedner,Philippe-Emmanuel Partsch,Odile Renner and Philippe Schmit.