Risk Management - Framework for Funds

Since the UCITS III Directive in 2004 and the AIFM Directive in 2011, the regulatory environment for funds has changed considerably, creating a new risk management framework specifically for funds. This course explores the impact of regulations on risk management for funds.

• Understand the regulatory bodies in the fund industry and their roles 
• Analyse the UCITS Directive and its evolution
• Understand the AIFMD and its importance
• Gain an understanding of the main circulars in the fund industry

• Institutions and regulations
• • Institutions
  • • European institutions – ESMA, ESRB
    • International institutions
    • National regulators
  • Directives and regulations
• International legislation
• • European legislation
  • • UCITS
    • AIFMD
    • MMFD
    • Other European legislation
  • Non-European legislation
• CSSF circulars
• • 11/512
  • 18/698
• Future trend 

Financial service professionals who want to gain a good understanding of the regulatory framework for risk management in the fund industry

For this training course, an optional exam is available. In case of interest, candidates can choose a date from the list of proposed examination sessions. Registration for the exam must be made at least five days before the chosen exam date. The exam is subject to a registration fee.

The examination consists of true/false and multiple-choice questions. To pass the exam, a candidate must achieve a score of at least 50% of the total points on the exam.

This module is part of the Risk Management Certification for funds. To obtain their certificate, candidates must complete 12 days of training in Risk Management for funds and pass the exam for each course. 

More details here : Professional Risk Management Certification for Funds