With uncertainty still surrounding aspects of the Directive,
panellists from the UK and Guernsey will look at what the
Island's dual regime means in practice for advisers and
clients, particularly in relation to the most appropriate route to
Fiona Le Poidevin, Chief Executive of Guernsey Finance, the
promotional agency for the Island's finance industry
internationally, said: "AIFMD has dominated a large proportion
of the coverage relating to the European funds industry over the
past couple of years but, despite this attention and focus, there
are still many questions about certain aspects of the Directive
that remain unanswered.
"We hope that the event will help answer these questions
and demonstrate how Guernsey's dual regime offers fund managers
an attractive mix of options and flexibility for distributing funds
into both EU and non-EU countries."
In addition to discussing the most appropriate route to market
and summarising Guernsey's AIFMD offering, other topics to be
covered at the event include portfolio and risk management, private
placement bilateral discussions and Guernsey as a depositary centre
Miss Le Poidevin said the event will appeal to investors, fund
promoters, investment managers, fund formation lawyers, tax
advisers and anyone launching a fund.
"Our panellists are extremely well placed to provide fund
managers with a significant level of detail and technical expertise
on AIFMD, its implications and their potential options. The
panellists will also be ready to answer any questions from the
audience so we expect it to be a highly interactive and informative
debate which really gets to the heart of matters which concern the
funds community in the UK and beyond," she said.
The event, which is free to attend, takes place from 4pm on
Tuesday 5 November 2013 in the Grand Ballroom of Rosewood London.
It will be followed by a drinks reception at 6pm. Northern
Trust and Ipes are event sponsors.
For further information or to book a delegate place please
contact Jennifer Baudains by email email@example.com
or telephone +44 (0) 1481 720071.
Many people are baffled by trusts, the purpose of which they don't fully comprehend. Some even regard them with suspicion, as tools of of opaque tax evasion strategies of a type favoured by wealthy individuals.
We were recently instructed by a Bank in relation to a regulatory matter. The Bank had made a suspicious activity report to the Financial Investigation Unit ("FIU") due to their concerns about the potential source of funds in an account.
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