In this online training session, our experts will:

  • Identify duties and responsibilities of investment fund directors and conducting officers, taking into account the COVID 19 context
  • Determine the respective roles of governing bodies and senior management
  • Identify the new rules and regulations recently issued allowing investment funds and their managers to face the COVID 19 crisis
  • Give practical guidance to directors / conducting persons on good practices they should adopt, in particular in a in a COVID 19 context
  • Advice on means to limit liability risks.


Setting the scene (reminder of general principles)

  • Unregulated schemes, self-managed UCITS, internally managed AIFs
  • UCITS having appointed a management company
  • AIFs having appointed an AIFM

Liability regimes (reminder of general principles)

  • Corporate law
  • Specific liability with respect to UCIs
  • Criminal / administrative sanctions

Respective roles of governing bodies and senior management

Allocation of duties and responsibilities between (i) UCI board, (ii) investment fund manager board and (iii) investment fund manager conducting officers

Impact of COVID 19 on:

  • Holding board and shareholder meetings
  • Specific duties and specific liability regime of the board
  • Reporting
  • Specific risks to be monitored


Our speakers come from all over our specialised and complementary teams, covering 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, …


2 hours.



For any information, please contact us by e-mail institute@arendt.com