PwC Luxembourg & Institut Luxembourgeois des Administrateurs (ILA) kindly invite you to the 2024 NED Day which will take place on 15 April 2024, at PwC premises.

We welcome executive and non-executive Directors to present them an extensive range of hot topics and market trends. Additionally, we have invited certified corporate secretary representatives to share their experience.

The day will begin with a plenary session covering the new challenges encountered by Directors. During this panel, experts from cybersecurity, macroeconomics, sustainability, and taxation, will guide us through these obstacles and provide assistance in overcoming them.

After the lunch break, you will have the opportunity to participate in various workshops covering a broad range of topics, such as artificial intelligence, industry trends or regulatory updates.

You will also have the time to meet and engage with our Subject-matter experts and industry experts during the breaks and end of the day cocktail.

You will find below the topics of the workshops and the agenda of the event  . 

Once you have registered for the event, you will receive a  survey where you can select the workshops you would like to attend. 

For logistical reasons, please note that the workshops will be combined into bundles. Please note that you will have to choose the bundle that is of interest to you*.

*Depending on registration numbers we reserve the right to cancel or duplicate certain workshops.

Workshops topics 

Topic 1: Tax governance in an era of increased tax risk and controversy 

Tax risks emerge in various contexts. Some remain undetected, some crystallize, and a few end up in a tax dispute. Our tax controversy experts will present real-life cases and best practices for a robust tax governance to manage and mitigate risks in direct taxes, withholding taxes, VAT and subscription taxes. 

Speaker: Hermann Schomakers, PwC Luxembourg

Topic 2:  AML - AWM/ATLS - Hot Topics for Directors

An overview of:

•  AED/CSSF priorities, 
• Terrorist Financing - how to think about your risk exposure for AWM/ALTS players
• Blocking Investor accounts   
• EU AML Package 

Speaker: Birgit Goldak, PwC Luxembourg

Topic 3:  Pillar 2

As part of this workshop we would address the following topics:

• Key Pillar 2 considerations for the finalisation of the 2023 financial statements
• How groups prepare for Pillar 2 and its compliance process
• Concrete steps to consider for 2024 and beyond

Speaker: Philippe Ghekiere, PwC Luxembourg

Topic 4:  Corporate Governance Officer ("CGO"): the new company secretary?

Discover the CGO concept and vision : a new role totally in line with the evolving decision process making to transform corporate governance into actions.

Speaker: Raphael Docquier, TKR Consulting 

Topic 5:  CSSF Circular 2002/77 reshaped

Dive into the nuances of the CSSF’s new circular replacing the 2002/77, focusing on investors' protection in case of NAV calculation errors and non-compliance with the investment applicable to UCI. Join us for an enlightening workshop to explore the updates and have your questions answered by experts.

Speaker: Yannick Christophe, PwC Luxembourg & Frederic Botteman, PwC Luxembourg  

Topic 6:Outsourcing of critical functions and governance to PSF and PSA

Navigate the complexities of outsourcing critical functions and governance to PSF and PSA with expert insights and strategic approaches in Luxembourg's regulatory landscape.

Speakers: Matthieu Despréaux & Antonin Jakubse, PwC Luxembourg

Topic 7:  VAT fees for Directors

An analysis of the change on the VAT treatment of Directors following the new CJEU judgement.

Speaker: Marie-Isabelle Richardin , PwC Luxembourg

Topic 8:  Directors’ liabilities

Discover the complexities of directors’ liabilities: a workshop tailored to equip directors with essential knowledge and best practices to navigate legal responsibilities and risks.

Speaker :  François Guyot, PwC Luxembourg

Topic 9:  Valuation: CSSF Feedback on Outcomes of ESMA Supervisory Action

In the CSSF Feedback Report on ESMA Common Supervisory Action on Valuation presentation, participants will gain insights into valuation practices for Investment Fund Managers (IFMs) overseeing UCITS and open-ended alternative investment funds (AIFs). The report also provides recommendations to enhance compliance with regulatory requirements. 

Speaker: Vic Elsen​, Head of Division, Authorisation and Supervision of AIFs

Topic 10:  Abuses of power -  Conflicts of Interest as cultural red flags

Intricate webs of are at the core of the delicate stakeholder and power balances in every system of corporate governance.   Looking beyond the duties of individual directors to the role of the Board as a whole in ensuring ethical practices and unbiased decision making in the best interests of the company, this session aims to look through the lens of corporate and Board cultures in shining light towards transparent and fair decision-making in a Boardroom. 

Speaker: Monique Bachner,  Non-Executive Director

Topic 11:  AI - Oversight from a Board perspective

As AI becomes integral to business operations, boards play a crucial role in ensuring ethical AI practices and informed decision-making. 

Speakers: Emilia Tantar, Black Swan LUX & Katia Volodine, Volodine Legal

An address must be specified for a map to be embedded

PwC Luxembourg

2, Rue Mercator - Crystal Park
2182 Luxembourg - Luxembourg

Contact the organiser

Institut Luxembourgeois des Administrateurs

events@ila.lu  | +352 26 49 58 5963