Objectives
- Asses the main risks incurred by directors / conducting persons
- Differentiate between liability risk and risk of sanction
- Determine the respective roles of governing bodies and senior management
- Identify duties and responsibilities of investment vehicle/Manco/AIFM
- Give practical guidance to directors / conducting persons on good practices they should adopt before and after having accepted a mandate
- Advice on means to limit liability risks.
Content
Setting the scene
- Self-managed UCITS
- UCITS having appointed a third-party management company
- Internally managed AIFs
- AIFs having appointed an external AIFM
Liability regimes
- Corporate law
- Specific liability with respect to UCIs
- Criminal / administrative sanctions (including UCITS V regime)
- Extracontractual civil liability
- Limitation of liability / discharge / compensation
Respective roles of governing bodies and senior management
Allocation of duties and responsibilities between (i) UCI board, (ii) AIFM/UCITS manco board and (iii) AIFM/UCITS manco conducting officers
Conflicts of interest
Principles of corporate governance
Practical guidance to avoid liability
Speakers
Our speakers belong to both our specialised and complementary teams, and as such cover all legal, regulatory, taxation and advisory aspects of doing business in Luxembourg. We invite you to check our training agenda where the speakers are listed on each training session.
Target Group
Board members, directors, conducting persons, …
Duration
4 hours
Language
English, French and German (customised format)
For more information, please contact us by e-mail institute@arendt.com
