More than 20 years of experience in the Financial Industry, first within Marketing Management from Nasdaq OMX and Danske Bank International, and after a career switch in 2011, Camilla gained operational Management Company experience, working for four different Luxembourg based Management Companies. Since January 2015, Camilla focus on governance, risk mitigations and oversight of delegated functions, in particular global distribution of investment funds. Camilla co-chair the ALFI Marketing & Distribution Working Group as from 2019 and since 2022, Camilla provides secondments and Independent Non-Executive Directorship services through Carne Global Financial Services Sarl.
Supervision of distribution networks entails costs for asset managers, yet it also represents an investment in accessing new markets. Nearly six years since the CSSF's comprehensive clarification of delegate supervision requirements, the Luxembourg market has witnessed a significant evolution in the approach to the management of distribution channels. This evolution has led to more streamlined distribution networks, characterised by widely accepted market standards regarding information provision and increased responsiveness from distributors. These developments were driven to a no mean extent by increased use of due diligence platforms and other technological innovations. Will the introduction of the exemption for MiFID distributors and insurance intermediaries under AIFMD 2/UCITS VI mark another important milestone? What other developments lie on the horizon? Our experts will provide updates on the latest trends in the supervision of distribution networks, offering insights from the perspectives of their respective organisations.
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Senior Director Independent Risk
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