Fund Governance in Practice

Description 

The training is part of the Fund Governance Masterclass, a certification programme with the below topics:

• Module 1 - Funds & IFMs: Governance fundamentals
• Module 2 - Portfolio management 
• Module 3 - Risk management
• Module 4 - Fund Administration, Depositary and Valuation
• Module 5 - AML/CFT: key considerations for the Fund industry
• Module 6 - The role of the auditor
• Module 7 - Marketing, distribution and transfer agency
• Module 8 - ESG developments for Fund Directors
• Module 9 - Technology challenges for Fund Directors
• Module 10 - Fund Governance in Practice

Course outline

This course reviews several practical aspects of being a Director in the fund industry, including the relationship between the Director and the Fund/Company, life as a Director, managing your liability and overseeing relations with authorities.  

The implementation of good governance in the daily work of a Director in the fund industry will be illustrated through practical examples. 

Course highlights

The main features of the program are: 

• Lifecycle of a Director: accepting, onboarding and continuous review and resigning from a directorship mandate  
• Discussion with two experienced Directors: tips and lessons learned 
• What can go wrong: liability management, Directors’ & Officers’ Insurance, examples of claims and resolutions 
• CSSF Presentation: Mission, Organisation and the Declaration of Honour process 
• Overview of Reporting with Authorities 
• ILA Director Toolkits 

 

Benefits of the program

This module is designed to help you with the practical aspects of being a Director in the fund industry. You will gain pragmatic information and numerous tips, essential for your profession. Pedagogic case studies are used to encourage interaction and learn best practices.  

Target audience

• Fund and investment management companies’ directors (UCITS, SIF, SICAR, RAIF,...), independent or in employment contracts
• Managers responsible for funds and investment companies with management and/or supervisory responsibilities
• Executives and managers of management companies and/or funds
• Executives and managers (legal, domiciliation and compliance services) of service providers, e.g. depository banks, administrative and domiciliary agents
• Lawyers specialising in investment funds
• Auditors specialising in investment funds