08.00-09.00

Registration & breakfast


09.00-09.20

Opening speech


09.20-09.25

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


09.25-09.55

Holistic View on Risk Management in Luxembourg


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

Moderator

Panellists:

  • Andreia Camara

    Andreia Camara Head of Risk Luxembourg & Conducting Officer Aberdeen Global Services


10.40-11.10

Coffee break and visit of the exhibition area


11.10-11.35

Portfolio Management & the second line of defense

  • A day in the life of a risk manager in Luxembourg
  • What does a Portfolio manager expect from Risk Management and vice-versa
  • Sacha Reverdiau

    Sacha Reverdiau Conducting Officer & Risk Manager Nomura Global Funds Management S.A.


11.35-12.05

Luxembourg - The Hub for Global distribution - What are the related risks?

ALFI & ALRiM Guidelines: Considerations for the management of operational risks associated with the Distributions of Funds?


12.05-12.10

Chairperson’s closing remarks


12.10-13.30

Lunch


13.30-13.35

Introduction by the Chairman of the afternoon session


13.35-14.20

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

Moderator:

Panellists:

  • Michael Derwael

    Michael Derwael ALRiM Board member & Risk Manager MFS Investment Management Company (Lux) S.à r.l.


13.35-14.20

BREAKOUT SESSION 2: Risk modeling for Alternative Assets (PE & RE) - A theoretical hardship and a challenging practice

  • Focus on liquid/real estate
  • To what extent can quantitative models be applied to real assets?
  • Practitioner approach
  • Dr. Jörg Henzler

    Dr. Jörg Henzler Professor of Economics and Financial Markets & Member of the Board Luxembourg Investment Solutions S.A.


14.20-14.50

Coffee break


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

Moderator

Panellists

  • Christophe Douche

    Christophe Douche Chief Operating Officer and Conducting Officer FundRock Management Company S.A.


15.50-16.00

Wrap-up by the Chairman of the Afternoon Session


16.00-17.00

Closing coffee