Marc Meyers, Loyens & Loeff

Marc Meyers Marc Meyers heads the Luxembourg Investment Management team of Loyens & Loeff. Marc specialises in advising clients in respect of the structuring and regulatory work for Luxembourg alternative investment fund structures, with a particular focus on private equity, real estate/infrastructure and debt funds. Marc also advises fund managers on all applicable regulatory matters. In addition, besides his fund-related work, he has broad experience in handling corporate and secured financing matters. Before joining Loyens & Loeff, he established and headed the Luxembourg legal practice of another Benelux law firm. He worked for several years in the Luxembourg office of a leading international law firm, as well as in the New York and London offices of the US firm Cravath, Swaine & Moore LLP. Marc is an active member of several working groups within the Association of the Luxembourg Fund Industry (ALFI), as well as the Luxembourg Private Equity and Venture Capital Association (LPEA). Marc is a lecturer in Luxembourg investment fund law at the University of Lorraine. He is a member of the Luxembourg and New York Bars.
09.15-10.00

The magnitude of the current relationship of cross-border funds with the UK – What is at stake?

  • Current operating and delegation models between UK and the European asset management industry
  • Distribution models
  • Facts and figures

10.00-10.45

CSSF Circular 18/698: Substance, delegation and governance

Deep dive into CSSF requirements on substance and delegation as well as organisational considerations  


11.45-12.25

Reorganising cross-border fund management for Brexit

  • What are the options under CSSF Circular 18/698?
  • Delegation of functions to a UK entity
  • Restructuring
  • The third-party ManCo model in Luxembourg
  • Depositaries – delegation, outsourcing and risk transfer
  • Contingency planning

14.25-15.10

Practical examples of addressing Brexit challenges

  • Asset managers recount their experiences

15.40-16.10

The people and the place

  • Living and working in Luxembourg
  • What skillset for Luxembourg?
  • Relocation
  • Dual employment contracts
  • Your tax bill
  • Independent directors
  • Directors, senior managers and conducting officers

16.10-17.00

What does the future hold for European asset management?

  • Third-country access through equivalence; the way forward
  • Transition period
  • ESA review, recent developments from EU Commission, ESMA and the UK
  • Third-country passport under AIFMD: will it work?
  • Brexit: what spillover effect on asset managers in the US, Asia and other jurisdictions?

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