The liabilily regime applicable to directors and conducting persons - specificities linked to investment funds

41A, Avenue John F. Kennedy
L-2082 Luxembourg
Link to the organizer's site
See this training on the organizer's site
22 Nov


  • Identify duties and responsibilities of investment vehicle/Manco/AIFM
  • Determine the respective roles of governing bodies and senior management
  • Give practical guidance to directors / conducting persons on good practices they should adopt before and after having accepted a mandate
  • Advice on means to limit liability risks.


  • Setting the scene
  •    - Self-managed UCITS
       - UCITS having appointed a third-party management company
       - Internally managed AIFs
       - AIFs having appointed an external AIFM

  • Liability regimes
  •    - Corporate law
       - Specific liability with respect to UCIs
       - Criminal / administrative sanctions (including UCITS V regime)
       - Extracontractual civil liability
       - Limitation of liability / discharge / compensation

  • Respective roles of governing bodies and senior management
  • Allocation of duties and responsibilities between (i) UCI board, (ii) AIFM/UCITS manco board and (iii) AIFM/UCITS manco conducting officers
  • Conflicts of interest (including UCITS V independence rules)
  • Principles of corporate governance
  • Practical guidance to avoid liability

Speakers Francis Kass (Partner, Investment Funds, Arendt & Medernach), Michael Daemgen (Partner, Arendt Regulatory & Consulting).
Target Group Board members, directors, conducting persons, …
Time 9 am to 12.30 pm
Duration 3,5 hours
Language English
Price EUR 480
For any information, please contact us by e-mail at info@arendtinstitute.com

Related : Arendt Institute


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