Sylvain Crepin, Deloitte Tax & Consulting

Sylvain Crepin

Sylvain joined Deloitte Luxembourg in January 2012 and is Partner in our Financial Risk Management practice. He is specialised in risk management advisory, risk analytics and risk reporting solutions for the investment fund industry.

Sylvain assists Luxembourg and worldwide asset managers with risk management advisory and a full suite of risk reporting solutions, covering market, liquidity and credit risk reporting, UCITS and AIFs regulatory reporting, Solvency II and CRR reporting, dedicated pension funds reporting (FTK, VAG, QMV), PRIIPs EPT and MiFID II EMT, and as well UCITS SRRI and PRIIPs analytics. Before joining Deloitte, Sylvain previously worked as Risk Manager in the asset management industry in Paris and as Equity Derivatives Structurer for an investment bank in London. 

Sylvain graduated from Ecole Centrale Paris in 2005 and is certified Financial Risk Manager (FRM®) by the Global Association of Risk professionals (GARP). Sylvain publishes regular articles and gives regular training on risk management, hedge funds, AIFMD, indirect impacts of Solvency II and PRIIPs for Asset Managers.

Agenda

09.50 - 10.45

Volatile markets and the emergence of risks in the digital age

  • Setting the scene with examples in a “tour de table”
  • Forward-looking risk management: options and tools
  • The impact of new technology on investing: digital investing and AI
  • Using stress testing to enhance risk trend assessments
  • Portfolio risk
  • Dealing with political uncertainty

11.15 - 12.05

What drives risk management in other sectors of finance?

How are approaches to risk similar to, or different from those in asset management?

  • Approaches to risk management and governance and risk management scope
  • Hot topics in other sectors of finance
  • Risk management trends outside of Europe
  • Cultural understandings of risk
  • Enterprise risk management vs financial risk management

13.30 - 14.15

Breakout Session I: “Managing portfolio risks in times of market volatility” (session repeated at 14.15 - 15.00)

  • Managing the liquidity problem (Liquidity management in volatile times; Money Market Funds – Liquidity stress tests after the MMFR)
  • Stress testing to support management of portfolio risks
  • Risks during the end of the economic cycle (from bull to bear)
  • Qualitative risk management (i.e., impacts from political/legal/regulatory risks on the portfolio)
  • Sylvain Crepin

    Sylvain Crepin Partner - Financial Risk Management Deloitte Tax & Consulting


13.30 - 14.15

Workshop II: Changing requirements for risk management professionals in Luxembourg? (session repeated at 14.15 - 15.00)

The impact of CSSF Circular 18/698 and other developments in asset management

  • The Luxembourg risk manager – generalist, expert or limit controller?
  • Does CSSF Circular 18/698 bring more responsibilities for risk managers/conducting officers for risk management?
  • New technologies – new types of risk?
  • Recruiting risk managers and other HR considerations

13.30 - 14.15

Workshop III: Real assets: managing risks for loan and infrastructure debt funds (session repeated at 14.15 - 15.00)

  • The role of the risk manager in the investment process
  • Case studies on escalating risks
  • Life cycle considerations
  • Managing illiquid asset classes

15.30 - 16.15

Regulatory developments

  • The European regulatory framework and the Luxembourg regulator: overview and outlook
  • ESMA consultation on sustainability
  • Liquidity and leverage