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    ALFI Newsflash january 27, 2015    
          in this edition      
    1. Headlines
2. Upcoming ALFI events
3. Events endorsed by ALFI
4. Past ALFI events



CSSF reminds AIF Managers to assess their reporting obligations in time

The CSSF reminds all Luxembourg domiciled Alternative Investment Fund Managers and all non-EU AIFM which are marketing alternative investment funds under article 42 of the AIFMD to assess their reporting obligations in due time.

The supervisory authority reminds the parties concerned that all AIFM have at least an annual obligation for the submission of the AIFMD reporting which is due for 31 January 2015 at the latest (except for AIF which are considered as funds of funds and for which the submission is accepted with a delay of 15 supplementary days).

(Read more)

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EFAMA letter to US Federal Reserve on Volcker Rule

The US Board of Governors of the Federal Reserve System has recently granted a one-year extension of the conformance period for banking entities to conform investments in and relationships with covered funds and foreign funds that may be subject to the provisions of section 13 of the Bank Holding Company Act of 1956 (which was added by section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly referred to as the Volcker Rule) and that were in place prior to 31 December 2013 (“legacy covered funds”).

On 22 January 2015, the European Fund and Asset Management Association sent a letter to the U.S. Board of Governors of the Federal Reserve System asking for an extension of the conformance period also for funds that were launched after 31 December 2013.

Click here for the letter.

Background information: ALFI newsflash of 12 January 2015

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ESMA updated Q&A on ETFs and other UCITS issues

The European Securities and Markets Authority (ESMA) has updated its Q&A on ETFs and other UCITS issues, by adding two additional questions and respective answers.

Click here for the document.

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Upcoming ALFI events

4 February 2015: Navigate your way through responsible investing

The responsible investment sector benefits from rapidly growing investor awareness. However, the lack of a clear and generally accepted definition of the concept of responsible investing might be a challenge for future growth.

ALFI in association with InFine will shed light on the most important aspects of responsible investing: Microfinance and Inclusive Finance, Impact Investing and Socially Responsible Investing and "ESG”.

Participation exclusively for ALFI members (free of charge), but you need to pre-register via the registration link sent to all ALFI members on 21/01/2015.

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12 February 2015: ALFI Roadshow to Amsterdam

Registrations open! 

Please forward the invitation to your contacts in The Netherlands !

Half-day seminar with lunch.

Programme & Invitation

Fund Industry Seminar including sessions on

  • alternative investment fund structuring
  • current distribution trends of traditional (UCITS) & alternative (AIFs) products
  • trends in responsible investing
  • real estate funds round table

Participation is free of charge.

Event webpage

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25 February 2015: ALFI Leading Edge Conference

"New Depositary Rules & other Service Provider related issues"

Register now!

The programme gives you practical and technical details on :

  • Selection, initial due diligence and ongoing review on service providers by the Depositary;
  • Segregation and record keeping of assets;
  • Governance and prevention of conflicts of interests
  • Depositary/Custody Delegation and Sub-Delegation Operating Models
  • Liquidity oversight requirements and other controls
  • The role of the Management Company in light of the new Depositary Circular - Business as usual?

Sponsorship still possible: contact events@alfi.lu

Event webpage

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24 & 25 March 2015: ALFI Spring Conference

Registration open! Click here.

Already 44 exhibition booths booked. Only a few spaces left. Click here for all Sponsorship & Exhibition opportunities!

Inform your foreign contacts!

ALFI is offering 50 free tickets for asset managers and institutional investors who are not based in Luxembourg. click here for the application form.
Booking deadline: 6 February 2015!

Event webpage

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24 March 2015 from 6 pm: ALFI Gala Cocktail at Cercle Cité

This year again, ALFI will host a gala event on the first evening of the Spring Conference at Cercle cité in Luxembourg Ville.

Open to all fund industry professionals attending the Spring Conference, we expect hundreds of key industry players. Don't miss the opportunity to meet them and to make new contacts to intensify existing ones in an informal setting.

Registration: included in the Spring conference registration

Access map: click here

Sponsorship: contact events@alfi.lu

Event webpage

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20 & 21 April: London Cocktail and Conference at London Guildhall

Preparations are underway for ALFI’s annual conference in London

Sponsorship available to ALFI members

More details coming soon!

Contact events@alfi.lu

Event webpage

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Calendar of public ALFI events in 2015

For an overview of all events scheduled or endorsed so far by ALFI in 2015, have a look at the ALFI events calendar.

Check out all upcoming events. Click on  "Search Events" to filter by event type.

Note: the event calendar allows to have events listed either chronologically or by event category. Click on the name of the event for detailed information.

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Events endorsed by ALFI

Special discounted rates for ALFI members

 ALFI has agreed to support a certain number of selected international third-party events that are listed on the exclusive ALFI member events calendar ! Click on the name of the event to get your ALFI member discount code.

Are you missing an event on the list? Do you need more information? Contact: events@alfi.lu

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Past ALFI events

13-16 January 2015: ALFI Roadshow to Asia

With 180, 275 and 475 registrations respectively, the financial seminars organised last week by the Association of the Luxembourg Fund Industry (ALFI) in Taipei, Tokyo and Hong Kong attracted a record interest among the local fund industry professionals. With its regular roadshows, ALFI aims to further strengthen the leading position of Luxembourg domiciled investment funds on the main Asian markets and to increase the number of Asian fund promoters using Luxembourg as their hub for distributing their products across Europe.

At ALFI’s seminars, experts drawn from a variety of professions in the Luxembourg financial center highlighted Luxembourg’s position as Europe’s leading domicile for UCITS funds and explained how new regulations like UCITS V, UCITS VI, PRIPS, MIFID or EMIR might affect the international asset management industry and cross-border UCITS distribution.

(Read more)

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