In the area of compliance, we provide the following services, which can be provided as part of the “Compliance Officer” function:

overview

The Compliance Officer…

  • is the day-to-day point of contact for any escalation of compliance-related issues on the part of the client.
  • Reviews all policies and procedures within his or her area of competence at least annually and then presents each for approval at the next scheduled meeting of the Board of Directors or Executive Committee.
  • prepares an annual report of the compliance function in accordance with para. 257 of CSSF Circular 18/698.
  • conducts compliance-related reviews and audits, including follow up tasks.
  • establishes, maintains and executes a compliance monitoring plan for a Chapter 15 management company (the “Compliance Control Plan”).
  • Keeps the Principal’s Board of Directors or senior management informed of relevant legal and regulatory developments.
  • Ensures that annual training is provided.

reporting

We may prepare periodic reports, which may include the following:

  • reporting to the governing body/administrative body.
  • follow-up on interactions with regulators.
  • approval of new business relationships and new products
  • updating of agreements/contracts
  • changes to compliance policy and compliance charter.
  • management of conflicts of interest
  • personal transactions
  • handling of third-party complaints and claims
  • staff training
  • updating of the ‘procedures manual’ in accordance with section 5.5.4 of CSSF 18/698.
  • non-compliance with reporting deadlines.
  • legal and regulatory requirements relating to own funds and their use.
  • treatment of indications of breaches of the regulatory framework (‘whistleblowing’).
  • fraud and cyber attacks
  • non-compliance with investment restriction policy.
  • net asset value errors
  • conduct of business rules - acting in the best interest of the UCI(TS) and unit holders.
  • conduct of business rules - due diligence obligations
  • conduct of business rules - processing of subscription and redemption orders
  • conduct of business rules - best execution
  • conduct of business rules - processing of orders
  • conduct of business rules - incentives
  • compliance control plan
  • compliance of marketing communication with Art. 4 CBDF Regulation

your partner for compliance

Bastian Schwind-Wagner

Bastian Schwind-Wagner
certified Compliance Officer

certified Compliance Officer

Get in touch with us!

Do you have questions or need support in the area of compliance? Contact us today for a non-binding consultation.