Regulations & Operational Compliance For Funds

Fund Managers together with their service providers need to ensure that their funds are operated in a compliant manner. However this is a greater challenge today than ever due to the increasing demands of regulation and the greater complexity of funds. Demands for increased efficiency and robust risk management processes only add to the complexity.

This practical one day workshop will equip you with the most up-to-date knowledge about the latest regulation requirements which apply to the operations of authorised funds.

You will have a chance to explore the impact of MiFID and the latest developments in UCITS Funds as well as the key regulations in the COLL sourcebook.

You will also learn about the transfer agency and fund accounting, concentrating on high risk areas where mistakes frequently occur, such as fund pricing and will examine case studies.

Finally, you will work through the techniques and examples of “intelligent oversight” which can greatly simplify the identification and resolution of administration. Examples are provided of due diligence questionnaires and oversight reports.

What Will You Learn:

By the end of this training you will:

• Understand implications of Brexit on fund management operations and regulation
• Have a great understanding of all the major regulations affecting fund management today
• Learn about UCITS Funds and the latest developments under UCITS V Directive
• Assess the impact of MiFID 2
• Explore the requirements of the key COLL regulations
• Recognise the FCA regulation and approach to the operation of investment funds
• Get a thorough understanding of processes required to provide effective fund oversight
• Learn about the fund governance procedures
• Understand the roles and responsibilities of all parties involved
• Explore the development of effective controls for fund accounting
• Learn how to manage risks and set up appropriate compliance monitoring frameworks including high risk areas in fund accounting and transfer agency
• Learn about the challenges of overseeing offshore funds
• Learn how to structure third party agreements and oversee third parties
• Understand the aspects of particular concern from the FCA
• Learn about the FCA’s approach towards operational resilience and fund management
• Explore the rise in the FCA’s expectations in relation to Environmental, Social and Governance ’ESG’