QED Virtual Conference on the AIFMD review

Panel 1 – Financial stability, investor protection, and sustainability

Discussion points

• Has AIFMD enabled the monitoring of risk and financial stability?
• How can macro prudential concerns be addressed more effectively?
• Could supervisory reporting requirements be improved?
• How can macro prudential concerns be addressed more effectively?
• Does AIFMD assure a high enough level of investor protection?
• Is the coverage of the AIFMD license appropriate?
• How can AIFMD access to retail investors be improved?
• Can the AIFMD passport be improved in order to facilitate cross-border marketing and access for investors?
• How could investor classification be improved?
• Are the mandatory disclosures sufficient for investors to make informed decisions? Should they differ depending on the type of investor?
• Are the rules on conflicts of interest well balanced?
• Are the rules on valuation appropriate and clear?
• Are the AIFMD’s rules appropriate when it comes to the definition and disclosure of sustainability risks?

PROGRAMME

14.00 – 14.05 Introductory remarks by moderator

14.05 – 14.40 Introductory remarks by speakers

14.40 – 15.40 Panel discussion and Q&A

Speakers

Sven Gentner Head of Unit C4 – Asset Management, DG FISMA, European Commission

Olaf Weeken Adviser, ESRB Secretariat

Chiara Sandon Senior Regulatory Policy Advisor, EFAMA

Aleksandra Mączyńska Executive Director, Better Finance

Moderator

Julie Patterson Wealth & Asset Management, EMA FS Regulatory Insight Centre, KPMG

Panel 2 – Competitiveness, third-country rules, and delegation

Discussion points

• In which areas can the legal framework for the AIF market be improved?
• How can we achieve a more effective and well functioning EU AIF market?
• Has the AIFMD been successful in creating a single market for AIFs?
• How can we ensure that the AIFMD supports the competitiveness of the EU AIF industry?
• How can we ensure a level playing field between EU and non-EU AIFMs?
• Should there be more specific rules for the delegation process?
• Are the AIFMD delegation rules sufficiently clear to prevent the creation of letter-box entities in the EU?
• Are the delegation rules appropriate to ensure effective risk management?
• Should the AIFMD delegation rules be complemented?
• Should AIFMD standards apply regardless of the location of a third party?

PROGRAMME

15.55 – 16.30 Introductory remarks by speakers

16.30 – 17.30 Panel discussion and Q&A

Speakers

Sven Gentner Head of Unit C4 – Asset Management, DG FISMA, European Commission

Vanessa Casano Head of Asset Management Policy Division, AMF

Eve Finn CEO, Legal & General Investment Management Europe Ltd

Michael Pedroni Executive Vice President & Managing Director, Head of Global Research and Markets, Managed Funds Association

Agathi Pafili Head of Government Relations Europe, Capital Group

Moderator

Julie Patterson Wealth & Asset Management, EMA FS Regulatory Insight Centre, KPMG