Sven Mühlenbrock, KPMG

Sven Mühlenbrock Sven leads KPMG’s Risk Advisory and Data Analytics groups in Luxembourg. He has more than 17 years of experience in audit and advisory engagements. He loves challenges, and with his wide-ranging experience in risk/performance management and modeling, finance, valuation, prudential regulations, IFRS/US-GAAP and data analytics, he is ideally placed to help clients identify, measure and manage risks, ensure regulatory compliance, enhance risk/return profiles and meet their objectives in an increasing complex environment. Sven holds BSc and MSc degrees in business & finance, economics, mathematics and a PhD degree in finance & accounting from the University of Brighton. He is also CPA and FCCA holder. He is member of several industry working groups and committees such as ALFI’s risk management committee
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

  • Michael Derwael

    Michael Derwael ALRiM Board member & Risk Manager MFS Investment Management Company (Lux) 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