Wednesday 9 May 2018
PROGRAMME
8:30 | Registration and welcome coffee
9:00 | Brief introduction
9:10 | Luxembourg AIFs: Luxembourg legal particularities
• Main practical features and advantages of successful Luxembourg unregulated
AIFs: the SOPARFI, the Special Limited Partnership (“SCSp”) and the RAIF.
• The Specialised Investment Fund: more than 10 years of success! Main legal aspects
to take into account when setting-up a SIF
Speaker :
Adrian Sedlo, Managing Partner, Sedlo Law Firm, Luxembourg
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asedlo@sedlo.lu
09:45 | UK regulatory and tax issues relating to Luxembourg AIFs and a
comparison to UK AIFs
• Comparative legal analysis of Luxembourg Limited Partnerships (LPs) and UK LPs
• Practical differences between Luxembourg LPs and UK LPs - including costs, set up
times, investor preferences and regulation
• Tax issues for UK investors investing into a Luxembourg AIF, and for UK managers/
advisers looking to set up a Luxembourg AIF
Speakers :
Helen Parsonage, Partner, Osborne Clarke LLP, London
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helen.parsonage@osborneclarke.com
Erika Jupe, Partner, Osborne Clarke LLP, Bristol
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erika.jupe@osborneclarke.com
10:20 | Luxembourg Third-Party AIFMs
• Due-diligence on the asset manager and other delegates before acceptance of the
mandate
• Which aspects are considered in a pricing proposal?
• Substance and regulatory expectations
• No-Gos
• Important insights on the course of the activity
Speaker :
Sacha Reverdiau, Conducting Officer and Risk Manager, Global Funds Management
S.A. - Nomura Group, Luxembourg
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sacha.reverdiau@lu.nomura.com
10:55 | Coffee break
11:10 | Structuring Luxembourg AIFs in the post-BEPS era
• Typical Luxembourg investment structures
• Considerations regarding the impact of the OECD Base Erosion and Profit Shifting («BEPS») Project
• Substance requirements
• Transfer pricing aspects
Speaker :
Oliver R. Hoor, Partner Tax and Head of Transfer Pricing, ATOZ Tax Advisers, Luxembourg
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oliver.hoor@atoz.lu
11:45 | Luxembourg fund administrators
• EFA client acceptance committee: What are the key items EFA is looking at
• Business case/ product pricing assessment: what are the criteria that may impact
EFA’s service proposal
• Important insights on the course of the activity (from pre-assessment to on-boarding)
Speaker :
Jeffrey Nadal, Head of Business Development, European Fund Administration,
Luxembourg
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jeffrey.nadal@efa.eu
12:20 | Luxembourg depositaries
• Role of the depositary bank
• Client acceptance process
• Link between Depositary and Fund Administrator
• No-Gos
• Important insights on the course of the activity
Speaker :
Fabien Got, Senior Manager - Depositary Banking Business Promotion and Planning,
Nomura Bank (Luxembourg) S.A., Luxembourg
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fabien.got@lu.nomura.com
13:00 | Questions & Discussion