Risk assessment of fund distribution – October 2022
Objectives
Luxembourg is the leading fund cross-border distribution center of Europe. Such leading position forces Luxembourg fund managers and global distributors to acquire the necessary keys and tools to comprehend the multiple relationships and risks linked to the fund distribution. The objective of this training is to provide participants with a clear and concise understanding of these risks and to develop a holistic internal risk management framework for fund distribution.
Content
During the training, we will particularly review the topics below. We will demonstrate how they relate to each other and display the reasons why this calls into question a compartmentalized management of these different subjects.
- Cross-border authorization
- Cross-border distribution is a reality for most of the asset managers and it may turn into high cost and complexity if it is not properly organized and managed. (the training will include some key CBDF considerations)
- Monitoring the Distributors
- From one distribution model to another, the nature of the risks and the controls to perform can be very different. What are the main risks attached to intermediation?
- Distribution Contracts Management
- In terms of distribution, different types of contract and different models exist. Such diversity creates in itself a potential risk for organizations. How to improve risk control in this area?
- Remuneration of Distributors/ Inducements Restrictions
- The operational complexity and reasons for controlling the distributors’ remuneration.
- AML / KYC
- Insight on the money laundering risks and investment fund manager’s obligations vis-à-vis transfer agents and direct investors.
- Documentation Compliance and Dispatch
- Controls to put in place to meet regulatory requirements and local marketing rules.
A special focus will be placed on interaction with participants as well as on question and answer sessions.
Speakers
Nicolas Deldime (Partner, Arendt Regulatory & Consulting),
Target Group
Members of control teams in a management company or global distributors.
Duration
4 hours.
Language
English
Price
€500
For more information, please contact us by e-mail at institute@arendt.com