On Tuesday, 27 November 2012, the 4th Liechtenstein Funds Day on the subject of “Fund relocation and fund restructuring” will be held at the University of Liechtenstein. The one-day conference is organized by the Propter Homines Chair for Banking and Securities Law of the Institute for Financial Services. The English-language event will have simultaneous German interpreting for the first time.
Regulatory changes at a global level have led to a wave of new regulations. Many previously unregulated asset structures are now subject to regulation. And this is true all over the world: in addition to the AIFM Directive, which is relevant here, there is, for example, the Dodd–Frank Act in the USA. This poses the important question for fund managers, trustees, asset managers, banks, solicitors and accountants all over Europe as to how they should react to this changed legal environment. The effects also affect funds, administrators, deposit banks, prime brokers and all other intermediaries in the asset management industry. The transition from unregulated to regulated structures will be a critical issue which will be discussed at the conference under the umbrella of “fund restructuring”. This transition will often go hand in hand with a relocation from a third-party country to an EEA country. This second issue is discussed at the conference under “fund relocation”.
In particular, there will be a focus on the questions as to how the selection of location (on- or offshore) can be optimized, what legal framework offers the intermediaries the most suitable framework conditions and how to react to new regulations in the banking and insurance sectors, or what room for manoeuvre is available.
Following on from the tradition of the previous events, the 4th Liechtenstein Funds Day provides a platform for discussion between practice and academia, which analyses the right to collective investment and financial intermediaries from a practical and theoretical viewpoint. This year, experts from nearly all the major asset management locations in the world have agreed to come to Liechtenstein. Representatives are expected from Great Britain, Ireland, Luxembourg, the Netherlands, Switzerland, the UK and the USA, among others. The English-language event will have complete simultaneous German interpreting for the first time. This will provide the opportunity to make contact and discuss developments in other locations.
4th Liechtenstein Funds Day
Auditorium, University of Liechtenstein
Tuesday, 27 November 2012, 9.00 a.m. to 5.15 p.m.
Information and registration at www.uni.li/fondstag