IOB Masterclass – The Risk Functions within Fund Management Companies – Starting Tuesday, 27 January

IOB are delighted to announce a new masterclass on the Risk Functions within Fund Management Companies will be delivered online over one evening a week for six weeks from 4pm to 7pm starting next Tuesday, 31 January.

Overview 

Fund Management Companies are required to have a permanent risk management function as a central component of a risk management system. The risk management function and policy must cover all risks, including operational and fund related risks. A key objective behind the detailed rules on risk management is related to the obligation for Fund Management Companies to give primacy to the interests of investors at all times.

Those responsible for the implementation of the risk management function and establishing risk management policies must have a good understanding of the legal and regulatory requirements related to the topic, to include the why and the how in that context.

Who is this masterclass for?

The masterclass will be particularly relevant to Designated Persons for Operational Risk and Designated Persons for Fund Risk and those who support Designated Persons in those roles. It is also very relevant to Directors of Funds and Directors of ManCos (UCITS ManCos and AIFMs), senior management and staff within ManCos and all other industry professionals within Fund Service Providers.

How will you benefit?

This masterclass will provide participants with:

• An understanding of the role of the risk management function within a Fund ManCo;

• Familiarity with the relevant legal and regulatory requirements;

• A practical insight into the development of risk management frameworks, including risk appetite statements;

• An understanding of the role and responsibilities of the Designated Persons for Operational Risk and Fund Risk, including where these roles may overlap with each other and with other Designated Person roles;

• A guide to being better equipped to prepare DP reports and to present reports to the board and to fund boards.

For more information and to register

Visit the IOB masterclass page for more information on fees, certificate of completion and how to register.