Non-Executive Directors Day 2025



PwC Luxembourg & The Luxembourg Institute of Governance (ILA) are thrilled to invite you to the 2025 NED Day, taking place on April 24th, 2025, at the PwC premises.

For several years, we have had the pleasure of welcoming Executive and Non-Executive Directors to explore a wide range of hot topics and market trends.

The day will kick-off with a plenary session featuring the latest edition of the Luxembourg Fund Governance Survey, followed by an engaging panel discussion with experts and Directors on the impact of tax and legal controversies on Directors. 

After the lunch break, you will have the opportunity to dive into various workshops covering industry topics (ESG, ELTIF, investment tax credit...), technical points (new accounting bill, separate report...) and director’s matters such as D&O and fraud awareness. 

Throughout the day, you will also have time to network and engage with our subject-matter experts and industry leaders during the breaks and at the end-of-day cocktail reception.

Should you have any questions, please do not hesitate to contact the Event Organisation team via email at [email protected].


PRE-REGISTER HERE



Target audience

Please note, this event is for Executive and Non-Executive Directors only. Therefore registrations are subject to internal validation and shall be allocated by invitation. Pre-registrations are open until 2 April 2025.


Please note that confirmation of registration will be sent on Friday 4 April 2025. In this confirmation email, you will receive a link allowing you to select the workshops you would like to attend. 


Agenda

Morning session 

  • As from 10:00: Welcome 
  • 10:30 to 10:45: Introduction (Florent Delory, PwC Luxembourg & Philipp von Restorff, ILA) 
  • 10:45 to 11:15: Fund Governance Survey 2025 (Andrea Montresori, PwC Luxembourg)
  • 11:15 to 12:00: Impact of Tax and Legal Controversies on Directors (Florent Delory & Begga Sigurdardottir, PwC Luxembourg; Martin Vogel, Waystone Group; )
  • 12:00 to 13:30: Lunch break 


Afternoon sessions  

  • 13:30 to 14:15: Workshops (session 1)
  • 14:15 to 14:30: Coffee break 
  • 14:30 to 15:15: Workshops  (session 2)
  • 15:15 to 15:30: Coffee break 
  • 15:30 to 16:15: Workshops  (session 3) 
  • 16:15 to 16:30: Coffee break 
  • 16:30 to 17:15: Workshops (session 4)

As from 17:30: Cocktail


Workshops

For logistical reasons, please note that the workshops will be combined into bundles, and you will need to choose the bundle that interests you the most*.

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

 

Topic 1: Am I Responsible for Sustainability Reporting? A Non-Exec Director’s Guide to SFDR.

As a Non-Executive Director, the question of responsibility for sustainability reporting is more relevant than ever. In this workshop, we’ll explore the SFDR and clarify your role in ensuring your organization meets its sustainability obligations. Gain a clear understanding of the key responsibilities, risks, and opportunities involved, and walk away with practical insights to strengthen your governance in sustainable finance.

Topic 2Directors' and Officers' Liability Insurance (D&O) as a risk management Solution

D&O is one of management liability solutions which helps protect public, private, and non-profit organisations, individuals from a wide range of board-level and professional exposures. We will discuss the how the insurance protection works focusing on its specificities including typical perils, limits and exclusions.. We will explore the key features of the insurance product and discuss typical misunderstandings regarding the risks covered and protection mechanism.

Topic 3ELTIF 2.0: Challenges created by the new liquidity possibilities

The new Level 1 and Level 2 regulations concerning ELTIFs have driven an increase in the popularity of this product across the European Union - with Luxembourg proving overwhelmingly to be the preferred place for their set-up. But the new possibilities offered by these regulations are coupled with additional responsibilities for the directors of ELTIFs - especially vis-a-vis the retail base, the target market for ELTIFs - which will generate increased levels of scrutiny from regulators at a pan-European level. 
During this workshop, we will walk you through what directors of ELTIFs should be mindful of when navigating through these new regulations, the legal and operational constraints that directors will have to tackle when dealing with a (semi-)liquid ELTIF, and how to best manage directors' responsibilities more generally in order to capitalise on the opportunities afforded by these ELTIF regulations.

Topic 4Multidimensional Holistic Update on Sustainability

A dynamic workshop designed for directors to explore sustainability from fresh, business-driven angles. Understand the global landscape, climate litigation, evolving regulations and risk mitigation as an opportunity for ownership and futureproofing your business.

Topic 5Separate report and SAQ: takeaways after one year

Dive into the latest CSSF Feedback Report on Self-Assessment Questionnaire, Separate Report and Management Letter for Funds following the first-year application of Circular 21/790. Join us for an enlightening workshop to explore the feedback, updates on the new work-program and have your questions answered by experts.

Topic 6RCS / RBE law bill

Insightful presentation on the recent amendments to the Luxembourg laws governing the Register of Beneficial Owners (RBE) and the Trade and Companies Register (RCS). This session will delve into the key changes introduced by Bill of Law 7961.

Topic 7Accounting updates: Latest recommendations of the Luxembourg Accounting Board and bill 8286

In this session, we will present you the latest recommendations of the Luxembourg Accounting Board together with the impacts on the annual accounts. In addition, we will make a point on the draft accounting law (bill 8286). Many material changes are expected with this bill, it is important to know what to expect, and also if some provision may change before being voted.

Topic 8Luxembourg tax authority focus & Investment Tax Credit

Evolution of the Tax authorities - the Journey - and the new investment tax credit law, representing a catalyst for the transformation strategy (digital & green)

Topic 9Fraud awareness for directors

In this session we will present various threat scenarios and trends that you need to be aware of as a Director when it comes to fraud making sure:
        - your company is aware of the risks to protect against
       - you can demonstrate that you are "doing it right" when it comes to how acting with integrity in case of incidents




Date & Time

24/04/2025 - 10:00
18:00

Venue

PwC Luxembourg

CPD hours

5.0 hours

Book your spot

Free registration 

Please note, this event is for Executive and Non-Executive Directors only.

PRE-REGISTER HERE 



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Speakers

Speaker 1

Non-executive Director

Speaker 2

Non-executive Director

Speaker 3

Non-executive Director

Speaker 4

Non-executive Director

Agenda and schedule

Venue

An address must be specified for a map to be embedded


PwC Luxembourg

2 Rue Mercator

2182 Luxembourg - Luxembourg

Contact the organiser

Institut Luxembourgeois des Administrateurs

[email protected]  | +352 26 49 58 5963