Luxembourg Fund Industry seminar for Conducting Officers

Michel Nies, Senior Global Economist at Citi, will deliver an in-depth analysis of the current economic landscape, placing recent developments within a broader historical and geopolitical context. His presentation will examine how ongoing geopolitical tensions and policy shifts are influencing global financial markets, with a particular focus on the effects these dynamics are having on currency valuations and the stock prices of publicly listed companies. Drawing on his extensive expertise, Michel Nies will offer insights into potential future trends and their implications for investors, policymakers, and corporate leaders.

In an increasingly complex and scrutinised financial landscape, management companies must continuously adapt to evolving valuation standards and tightening regulatory frameworks. This panel brings together industry leaders, regulatory experts, and valuation specialists to explore how these dynamics are reshaping operational practices, risk management, and investor expectations. Panellists will discuss how regulatory shifts—such as ESG disclosure requirements, and cross-border compliance challenges—are impacting fund structures and governance models. The session will also examine best practices for maintaining transparency, consistency, and audit readiness in valuation processes, while managing potential conflicts of interest and operational burdens.

Mr Lemmer will present the CNPD's mission, its organisation, structure, and core activities, supported by key facts and figures. He will also highlight the main areas of interaction between the CNPD with ALFI and IFMs, focusing on specific topics such as data protection, KYC/AML, and AI. The presentation will address current challenges in these areas and explore how evolving regulatory expectations are shaping cooperation and compliance efforts.

Join us for a rare opportunity to hear directly from the tax authorities in an exclusive interview-style session. This candid discussion will provide valuable insights into areas of focus for the year ahead. Through a moderated conversation, key issues impacting management companies, including cross-border taxation, transfer pricing, fund structuring, and the increasing role of technology in compliance and oversight will be adressed. Attendees will gain a better understanding of how regulators view industry practices, what common pitfalls to avoid, and how to proactively engage with tax authorities in a rapidly evolving global tax landscape.

This panel will trace the evolution of governance and oversight within the investment fund industry, highlighting how regulatory frameworks, supervisory expectations, and best practices have developed over time. Experts will discuss key turning points—from the post-crisis regulatory reforms to the rise of ESG, digitalisation, and increased investor protection requirements. The conversation will address how fund managers, boards, and regulators are adapting to today’s complex environment, including challenges related to data protection, KYC/AML compliance, and the integration of AI. Panelists will also explore how past lessons are informing more resilient, transparent, and forward-looking governance models.