T+1: Implications for Asset Managers in Luxembourg

Recorded On: 10/11/2023

Market participants will have to comply with the T+1 settlement cycle in the US starting May 2024. This webinar will examine the impact on Luxembourg asset managers regarding secondary and primary market transactions. It will also set out industry recommendations to EU policymakers for mitigating the impacts.

Learning objectives:

· Impact of T+1 settlement cycle on Luxembourg/European asset managers

· Exploration of short-term remedies to potential liquidity gaps

· Familiarity with EU industry recommendations to EU policymakers

This program is sponsored by:

CPE INFORMATION:

Nicsa is pleased to offer this webinar learning activity to attendees who are seeking CPE credits. 1 CPE unit may be available for attendees of this webinar. The webinar requires no advanced preparation, no pre-requisite study and is appropriate for all who have a basic understanding of the investment management industry.

Nicsa is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

CPEs Earned: 1

CPE Field of Study: Specialized Knowledge

Program Level: Basic

Delivery Method: Group-Internet Based

Advanced Preparation: None

CANCELLATIONS AND REFUNDS: Due to this program being offered free of charge, there will be no refunds issued. Questions or Cancellations: Please contact Lilly Bahmani at info@nicsa.org

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Alena Schlünz (Moderator)

Technical Writer and Senior Industry Affairs Advisor

ALFI

Alena is an editor, copywriter and proofreader specialising in technical texts related to the investment fund industry. A lawyer by training, she worked in the Luxembourg investment fund sector for 12 years, mostly in legal roles with depositaries and asset managers focusing on real assets, before making a career change and joining ALFI, the Association of the Luxembourg Fund Industry, in a copywriter role. As an industry affairs advisor, Alena also works on numerous ad-hoc matters ranging from human rights in finance and global pensions to training and talent attraction initiatives. In addition, she is involved in designing content for some of the many ALFI seminars and conferences.

François BARATTE

Senior Industry Affairs Advisor

ALFI

François Baratte is a Senior Industry Affairs Adviser at ALFI (Association of the Luxembourg Fund Industry). He joined the association in September 2017 to coordinate the Market Infrastructures and Depositaries regulatory portfolios. Before joining ALFI, François was Director at FBA Conseil, a consultancy firm he created in 2005. He has fulfilled a dozen of significant assignments on regulatory and valuation aspects covering the full scope of financial instruments. He has led these missions across 10 countries for 5 Globally Systematically Important banks (GSIBs) and a National Competent Authority. Prior to joining FBA, François has been a consultant for CSC Peat Marwick, then Manager at Accenture. François holds a Master degree in Business Administration from the University Paris Dauphine, and a Master in EU Banking & Financial law (investment fund law track) from the University of Luxembourg.