Noel Fessey, EFA

Noel Fessey Noel Fessey is CEO, chairman of the Executive Committee and member of the Board of Directors of European Fund Administration, based in Luxembourg. After a military career, Noel worked for Schroders in London, and from 2003 to 2016 he was Managing Director and Country Head of Schroders Luxembourg. Noel was a member of the board of directors of the Association of Luxembourg Fund Industry (ALFI) from 2005 to 2006 and has been a member of ALFI’s Strategic Board since October 2019.


09.40 - 10.30

AML in the distribution context

Transparency in the investment chain: – know your distributor, know your client and know your beneficial owner. With the implementation of the 4th AML Directive, the coming into life of the Ultimate Beneficial Ownership Register and increased scrutiny from the CSSF, notably through the new “Manco” Circular, what do the authorities expect from asset managers and service providers? Who reports what to whom and how is the process being vetted?

11.00 - 11.50

Tomorrow's cross-border fund distribution in the EU

As part of the Capital Markets Union project, the European Commission has initiated ways to facilitate cross-border distribution in Europe. The proposals strike a trade-off between removing distribution barriers and adequate investor protection. How will these new rules modify European fund distribution?

11.50 - 12.20

Bad banks? The impact of reputation on marketing

Nation branding and image building: how does the overall reputation as a fund domicile contribute towards distribution efforts? How much does image influence decision-making?

14.30 - 15.30

Workshop I - geographical distribution hot spots: UK

14.30 - 15.30

Workshop II - geographical distribution hot spots: Latin America

14.30 - 15.30

Workshop III - geographical distribution hot spots: Asia