ILA Fund Directors’ Forum – 8 March 2019

Friday 8th March 2019 saw the 5th edition of the ILA Directors’ Forum take place in FundRock Management Company’s offices. 

Designed to provide for a proactive discussion amongst Board Members regarding key topics facing directors, previous forums have covered topics such as Sanctions Regime, CSSF Circular 18/698 and GDPR. 

This edition covered Oversight of Distributors and the Distribution Process - A Director’s Perspective, and the discussions also, almost inevitably, drifted into the realm of AML and the role and responsibility of the MLRO. These topics, being important areas of focus just now, ensured the scene was set for an interesting and collaborative exchange of thoughts and ideas. 

As with previous forums, it was well-attended and interactive, with board members sharing their knowledge but more importantly their practical experience in these respects, not only at board level but also when interacting with the Regulator. A special word of thanks goes to the speakers Grégory Nicolas of FundRock and Birgit Goldak of PWC who outlined their thoughts, opinions and experience, and offered helpful guidance to the attendees. At the end, the participants proffered ideas for the next forum.

Thank you to everyone who participated and we look forward to the next edition, which is planned for June 2019.