Conducting Officers in Investment Fund Management

Conducting Officers and professionals involved in the management and oversight of investment funds.

By the end of the training, participants should understand:

• Roles of an IFM and the scope of authorized activities
• Expected governance as per Circular 18/698
• Responsibilities of Conducting Officers per regulated functions within an IFM
• The process of setting up a UCITS/AIFs fund
• IFM Oversight obligations
• Overview of fundamental operational best practices for IFMs

In the ever-evolving landscape of Luxembourg's funds industry, Conducting Officers play a pivotal role in adhering to regulations, making informed decisions, and ensuring robust operational practices. This program is crafted to not only guide Conducting Officers in meeting regulatory standards, but also to excel in their vital roles. Collaborating with industry experts, we will delve into rule updates, risk assessment methodologies, ethical considerations, and the integration of technology in financial management. Through a blend of theory, real-world examples, and hands-on workshops, participants will gain practical insights for more effective decision-making.

Introduction to CSSF Circular 18/698

• Overview of CSSF Circular 18/698 and its significance for IFMs
• Key regulatory requirements and obligations imposed by the Circular
• Understanding the impact on IFM operations and control functions

Regulatory Landscape in Luxembourg

• Comprehensive review of the regulatory framework for investment fund managers in Luxembourg
• Updates on recent regulatory changes and their implications
• Case studies illustrating regulatory challenges

Roles and Responsibilities of Conducting Officers

• Detailed examination of the responsibilities assigned to Conducting Officers by CSSF Circular 18/698
• Practical insights into the day-to-day functions and obligations of Conducting Officers

Risk Management and Compliance Framework

• Establishing and maintaining a robust risk management framework
• Identifying and mitigating key risks faced by IFMs

Cross-Border Distribution Networks

• Explore partnerships with local distributors or financial institutions for smoother cross-border distribution
• Leverage the expertise of local entities to navigate specific regulatory nuances