From 10 to 13 January 2017, ALFI held its annual roadshow to Taipei, Tokyo and Hong Kong, a well acclaimed opportunity for senior professionals from Luxembourg and Asia to discuss cutting-edge issues affecting the asset management and investment fund industry.
In Tokyo and Hong Kong, the delegation of industry players and representatives of the Luxembourg financial regulator CSSF was joined by H.E. Pierre Gramegna, Minister of Finance of the Grand Duchy of Luxembourg who made a keynote address on 2017 as a game changing year for Europe and the world economy. The local regulators – the Financial Services Agency of Japan (FSA), the Securities and Futures Commission of Hong Kong (SFC) and Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) – then presented their top priorities for 2017.
Another conference highlight was the asset flow panel focusing on key markets, emerging distribution channels, new products “Made in Luxembourg” and related structuring. The most recent key developments in the area of regulation and taxation (PRIPS, MiFID II and UCITS V) were on the agenda as well.
Moreover, in Taipei, an investment fund market review was presented by a local data intelligence agency, and in Hong Kong, a local economist shared with the audience an interesting outlook on future developments in Asia and their likely impact on Europe.
Topics covered in all the three cities were a multi-layered approach for investor protection and FinTech, with namely a presentation on BlockChain.