Eligible assets and investment restrictions for Luxembourg UCITS - Advanced

• Professionals of the financial sector dealing with UCITS investment funds
• People in charge of the risk management of a self-managed SICAV or a management company
• People responsible and/or in charge of the investment restrictions' review
• Internal auditors and compliance officers
• People in charge of the regulatory reporting
• Product developers
• Investment managers
• Board members

The funds industry evolves in a constantly changing legal and regulatory environment, with products and investments strategies always more innovative and complex. In the context of an efficient risk management, it is key to have a sound knowledge of the eligibility criteria of financial instruments/indices/stock exchanges and of the investment rules applicable to UCITS.

By the end of this training, the participants will have a deeper knowledge on:

• the eligibility criteria applicable to the different types of eligible investments for a UCITS with a focus on some financial instruments and indices;
• the global and individual investment limits;
• as well as of the main guidelines in relation to the management of the risks associated to financial derivative instruments as defined by the regulations applicable to UCITS.

The training has been developed in three main parts:

• Eligible investments: eligibility criteria as defined by the regulations and illustration of the theoritical approach with some concrete examples based on the analysis of term sheets, prospectus and methodologies
• Investment limits: global and individual investment limits and illustration of these limits using practical cases
• Financial derivatives: main guidelines in relation to risk management and illustration of these limits with practical cases

This training is coordinated by Stéphanie Jean, Managing Director at PwC Luxembourg.

Stéphanie is a managing director with around 22 years of expertise in UCITS investment compliance, focusing on investment eligibility analysis, risk management, and complex derivatives. She has extensive experience advising PwC clients and has developed deep knowledge of the Luxembourg investment fund industry through auditing investment funds and management companies. Stéphanie’s expertise includes eligibility analysis, compliance system reviews, and training in asset management compliance within Luxembourg and European regulatory frameworks. She has led critical client projects such as reviewing compliance systems, assessing financial market eligibility, analysing investment strategies, and supporting audit teams, demonstrating strong leadership in regulatory and compliance advisory.