Event: Fund Management Industry Conference: FATCA, Property & UCITS IV
Date: Thursday 26 May 2011
Location: The Auditorium, 280 Bishopsgate, London EC2M 4RB

09:00

Coffee & Registration

09:30

Chairman's Welcome and Opening Remarks
Alastair Hay, Managing Director, Trustee & Depositary Services,
The Royal Bank of Scotland

09:40

UCITS IV, UCITS V and other regulatory developments

• Transposition of UCITS IV
• UCITS V
• Other regulatory developments of interest to CIS Operators

Karen Bowie, Senior Adviser - Product Regulation, Investment Management Association

10:10

The Challenge of Liquidity in an Open Ended Property Fund

• What lessons can fund managers learn from the recent extreme volatility in the property market
• Is a change in fund strategy required?
• TCF issues
• Impact on performance

Gerry Ferguson, Head of UK Property Fund, SWIP

10:40

FATCA – The Strategic Imperative

• Brief overview of FATCA provisions
• Recent technical developments
• The commercial dimension
• Possible outcomes
• Views on practical implementation

Ali Kazimi, Partner, Deloitte LLP

11:10

Coffee

11:30

Platforms & the RDR

• Why transparency changes everything and the world is turning upside down
• Impact on margins
• Winners & losers

David Ferguson, CEO, Nucleus Financial Group

12:00

UCITS IV Risk Management and Derivatives

• UCITS IV Changes to derivatives exposure calculations
• RMP requirements
• The "Risk Limit System" for each UCITS
• VaR back testing and stress testing
• New reporting requirements – to Boards, Senior Manager and Investors
• Governance requirements

Darren Burrows, Managing Director, Funds-Axis Limited

12:30

Chairman's Closing Remarks followed by buffet lunch