Alan Picone, Duff & Phelps (Luxembourg) Management Company, S.à r.l.

Alan Picone Alan joined Duff & Phelps in 2013 as a Managing Director heading-up the Global Risk Consulting Practice and the Group’s Management Company platform operations. Originally grown as a quantitative modelling expert, Alan has since them developed a qualitative, holistic and cross-sectional command of risk management matters. He now sits on various Boards and is an influential subject-matter expert who advises financial institutions how to best navigate regulatory requirements and increasing challenges in risk management. Alan previously headed Risk Units in various financial institutions and consulting practices. Alan holds a PhD in theoretical physics, and is graduated from Ecole Polytechnique in Paris.
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

13.35-14.20

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

  • Alan Picone

    Alan Picone Managing Director, Global Head of Risk & Management Company Solutions Duff & Phelps (Luxembourg) Management Company, S.à r.l.


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