ALFI expert briefing on the Long Form Report and UCI Administrators Circular
Conversation with the regulator
7 December 2022Virtual Event
Overview
This expert briefing will be a great opportunity to get the views from the CSSF on two major regulatory developments of 2022:
- The drastic reform of the long form report which now applies also to IFMs, SIFs and SICARs; and
- The reshaping of the rules applying to service providers performing the UCI Administrator functions.
This conversation aims at analysing these regulatory changes, covering in particular their rationale, their content, preliminary feedback and potential challenges.
Save the date in your agenda and get ready to join an insightful webinar the 7th December from 16:00 to 17:30 CET.
Attendees are encouraged to ask questions during the Q&A session.
We look forward to interacting with you on this highly expected discussion on the Long Form Report and UCI Administrators Circular.
Registration
The event is free of charge and reserved to ALFI members only. The registrations are now closed.
Please also note that the webinar will be closed to the press and not recorded.
Speakers
Pascal Berchem is Chef de service at the ‘Agrément et surveillance des GFI et des organismes de titrisation’ department at the Commission de Surveillance du Secteur Financier (CSSF).
Emmanuel Gutton has been appointed Director of Legal and Tax in September 2020.
Mr Gutton was Head of Legal and Conducting Officer at Pictet Asset Management (Europe) S. A., a Luxembourg UCITS management company and AIFM, from 2016.
Prior to joining Pictet, Mr Gutton worked for more than ten years as a lawyer (Luxembourg Bar and Paris Bar), concentrating his practice on collective investment funds and management companies. He worked as Counsel at Elvinger Hoss and in September 2012 relocated to Hong Kong to launch Elvinger Hoss’ office there, returning to Luxembourg in September 2015. Previously, Mr Gutton had worked as a lawyer at Linklaters in Luxembourg and De Pardieu Brocas Maffei in Paris.
Mr Gutton holds a Master’s degree in Law from the University Paris II Panthéon-Assas (France) and a Master’s Degree in International Business Law and Management from the Ecole des Hautes Etudes Commerciales (HEC), Paris in partnership with the Ecole Supérieure de Commerce de Paris (ESCP). He speaks French and English.
Alain Hoscheid is Premier Conseiller de Direction at the Commission de Surveillance du Secteur Financier (CSSF) where he has been since 2002. He currently serves as Head of the “Prudential Supervision and Risk Management” department within the UCI métier.
Marie Lichterowicz is in charge of analysing and following up on regulatory aspects relating to Luxembourg Undertakings for Collective Investment (“UCI”) within the investment fund department of the Commission de Surveillance du Secteur Financier (“CSSF”). Recently, Marie led the CSSF initiative to modernise Chapter D of Circular IML 91/75 and to provide the industry with a strong and comprehensive regulatory framework for UCI administrators, resulting in the publication of Circular CSSF 22/811 on authorisation and organisation of entities acting as UCI administrator. She is also a member of the CSSF Outsourcing task force, whose work led to Circular CSSF 22/806. Marie joined the CSSF at the end of 2013 as an economist. She previously worked in the private sector as an external auditor specialized in the investment fund industry, notably as a manager. Marie holds a Master’s Degree from Skema Business School in Management (major in audit) and a Maîtrise des Sciences et Techniques Comptables et Financières “MSTCF” diploma (Chartered Accountant Training) from the University of Lille, completing a dual program.