Michael Ferguson, EY

Michael Ferguson Michael Ferguson is the EY Luxembourg Asset Management Practice Leader and their EMEIA Regulated Investment Funds Leader. His primary responsibility is to lead and develop audit and related services that EY delivers to an international investment management clientele. Michael has over 25 years experience in the investment management industry primarily in Luxembourg, Ireland, the United Kingdom and the United States. Michael is a member of EY’s Global Asset Management Advisory Board and of its Global Hedge Fund Committee. His clients include a wide variety of mutual funds, hedge funds and structured products promoted by global asset managers. Michael Ferguson is a member of the Board of Directors of Association of the Luxembourg Fund Industry (“ALFI”) and chairs and participates in various ALFI committees. Michael is also a regular speaker at asset management conferences, including the local ALFI conferences as well as ALFI Road-shows to Asia, the UK and the US. He has written many articles and publications about the investment fund industry.
09.20-09.25

Introduction by the Chairman of the morning session & setting the scene

  • Michael Ferguson

    Michael Ferguson Vice Chaiman International Affairs ALFI and Wealth and Asset Management Leader EY


09.55-10.40

Round Table Discussion - Risk Management: a key pillar of the governance model

  • Risk management models
  • Roles & responsibilities of the ManCo Board
  • Relation between Board of Funds and ManCo
  • Roles & responsibilities of the Conducting Officers
  • Local substance requirements
  • Parent Companies/Branches/Subsidiaries
  • Risk Management, compliance & internal Audit
  • Michael Ferguson

    Michael Ferguson Vice Chaiman International Affairs ALFI and Wealth and Asset Management Leader EY


13.35-14.20

BREAKOUT SESSION 1: Stress testing & VaR model backtesting C.S.I. - Practitioners thoughts


14.50-15.50

Delegation & Oversight - Current thinking & possible scenarios for UK based Asset Managers

  • Investment Management – role of the investment advisor
  • Central administration (Accounting,TA)
  • Marketing & Distribution
  • Custodian/Depositary
  • ESMA-General principles on supervisory approach to relocations from UK
  • ALFI guidelines:Principles of the oversight of financial
    intermediaries

Also speaking at