ASSET MANAGEMENT IN SWITZERLAND A Domicile of Choice for Swiss and Foreign Asset Managers April 10 th, 2014 Grand Hotel Suisse Majestic - Montreux

Transcription

1 The 4 th Annual Asset Management Conference ASSET MANAGEMENT IN SWITZERLAND A Domicile of Choice for Swiss and Foreign Asset Managers April 10 th, 2014 Grand Hotel Suisse Majestic - Montreux With the participation of Markus Fuchs, Director, SFAMA Swiss Funds & Asset Management Association cpd: 8 hours Dear Executive, Montreux, January 20 th, 2014 Switzerland is a centre of excellence and a key jurisdiction for financial and asset management services. Most of value creation is based on investment management and distribution precisely domiciled in Switzerland. Tentative to redomicile substance outside of Switzerland is fading and many managers air & see first what happens with AIFMD. At last, Swiss policy makers do realize that competition between financial centers is harch and greater efforts are needed to improve and strengthen further the competitiveness of Switzerland as a leading financial centre. The conference will highlight the strong opportunites for asset managers to domicile in Switzerland, give an objective and non-complacent detail overview of the asset management existing framework in terms of standards and regulation and discuss the on-going key developments for harmonization with key competitors. Developping a Strong Swiss Asset Management Brand Swiss & Foreign Perspective Asset types What are the Standards to Compete Internationally in Asset Management and Leap frog Competition The Swiss Asset Management Regulatory Regime in Perspective - How to meet the Prerequisite of Key Asset Management Centres in Europe, US and RoW? An Update on MiFID II Technical Standards & AIFMD 3rd Country Passporting The Swiss Financial Services Law Latest Update Panel Session 1: The first Consequences of AIFMD on Key Fund Jurisdictions Managers Perspective Opt-in/Opt-out - Licence Statistics Panel Session 2: Impact of CISA Reform on Swiss and Foreign Asset Managers and Swiss and Foreign Funds Registered in Switzerland Financial Guaranty Internal Organization Distribution & Representative Client Advice & Transparency The Legal, Tax and Compliance Environment to the Provision of Asset Management Services and Products This timely conference is a great opportunity to assess the attractivity of Switzerland as a domicile of choice for the seasoned asset manager who seeks to deploy its activity on a wide scale given the role and magnitude of this market. François Golbery Chairman ESAFON, Montreux, a non-profit private initiative to promote the cooperation between Switzerland and Europe and facilitate the exchanges between professionals in the area of Asset Management. Organized by: In ship with:

2 The 4 th Annual Asset Management Conference ASSET MANAGEMENT IN SWITZERLAND A Domicile of Choice for Swiss and Foreign Asset Managers April 10 th, 2014 Grand Hotel Suisse Majestic - Montreux CONFERENCE AGENDA NOTE: Speakers names provided are provisional. Unless otherwise indicated their acceptance is not yet confirmed. This programme is sent as a guideline for possible speakers and remains in draft format am Welcome Coffee and Registration am Opening Remarks by François Golbery and the Chairman SWITZERLAND: A KEY JURISDICTION FOR FUND AND ASSET MANAGEMENT am Developping a Strong Swiss Asset Management Brand Markus Fuchs (confirmed) Director SFAMA (Swiss Funds & Asset Management Association), Basel am What are the Standards to Compete Internationally in Asset Management and Leap frog Competition am Coffee Break Dr. Günther Dobrauz Head Asset Management Regulatory & Compliance Services PRICEWATERHOUSECOOPERS AG, Zurich pm The Swiss Asset Management Industry in Perspective Name to be designated EU REGULATORY DEVELOPMENT FOR THE ASSET MANAGEMENT INDUSTRY pm The European Commission Objective for the Asset Management Industry Tilman Lueder (asked) Head of Asset Management EUROPEAN COMMISSION, Brussels pm Lunch

3 CONFERENCE AGENDA MiFID II - FIDLEG 1.45 pm The Consequences of MiFID II for the Asset Management Industry at Large Carlo Comporti (asked) Director, PROMONTORY FINANCIAL GROUP, Paris Former Acting Secretary General, ESMA, Paris 2.30 pm How will MiFID Impact on Swiss Asset Managers Prof. Dr.Kern Alexander (asked) Professor of Banking and Financial Market Law UNIVERSITY OF ZURICH AIFMD & CISA REFORM UPDATE 3.15 pm Panel Session: The First Consequences of AIFMD on Key Fund Jurisdictions Moderator: Paul Govier MAPLES & CALDER, London Panelists: Fedor Poskriakov (confirmed) LENZ & STAEHLIN, Geneva Speaker to be designated Luxembourg Speaker to be designated Malta Stéphane Janin (confirmed) Head of International Affairs Division AFG (Association Française de la Gestion financière), Paris 4.00 pm Coffee break 4.15 pm Panel Session: First Consequences of CISA Reform Moderator: Dr. Matthäus Den Otter (confirmed) Fund & Asset Management Consultant

4 Panelists: Olivier Stahler (confirmed) LENZ & STAHELIN, Geneva Jean-Sébastien Lassonde PRICEWATERHOUSECOOPERS, Geneva Andreas Söderholm Global External Asset Managers CREDIT SUISSE AG, Geneva EXPORTING ASSET MANAGEMENT SERVICES 5.15 pm Evaluating Fund Distribution Routes in Europe and US in light of Latest Regulatory Developments (Passport AIFM, Private Placement, Reverse sollicitation, US Investment adviser Act, MIFID) Sandrine Leclerc (confirmed) BAKER & McKENZIE, Luxembourg 6.00 pm Closing Remarks by the Chairman What Delegates Say from CISA Reform Conference Well organized - Very good - Good speakers, who meet points and arguments - Topics are good exposed and explained and developed in depths - Well-structured program, good timing - Very interesting topics - Good panel Who should attend? Asset Managers & Fund Managers Investment & Portfolio Managers Head of Fund Structuring & investment Head of Fund Legal Fund Compliance Fund Lawyers - Auditors Investment & Sub- Investment Advisors Heads of Fund Distribution Custodians Fund Administrators

5 ESAFON, The European & Swiss Association of Asset and Fund Managers, Family Offices and Strategic Advisers. ESA If you are an Asset Manager, a Fund Manager, the Head of a Family Office or a Strategic Adviser, Join ESAFON, The European & Swiss Association of Asset and Fund Managers, Family Offices and Strategic Advisers ESAFON is a non-profit Association located in Montreux; the ESAFON objectives are to promote the cooperation between Switzerland and Europe and to facilitate the exchanges between professionals in the area of Asset Management & Family Wealth Management, to allow its members to discuss together and to implement the new regulations and the best management practices, with an objective geared towards harmonisation and transparency. The ESAFON values: customer centric, innovative,independent, global & long term vision, scope and quality oriented, rigorous code of ethics, socially responsible. ESAFON members network with major international leaders through think tank meeting and social events as private luncheon, dinners, workshops, conferences and forums. - Their details are added to the ESAFON DIRECTORY which is updated on a monthly basis. - They receive a personal ESAFON Membership Card and benefit from a 50% discount on their registration fee for all ESAFON Conferences during oneyear. - They have access to the ESAFON website: - The Association supports the interests of its members to Regulatory Bodies in Switzerland as well as in various European countries - The Annual Individual Membership Fee 2014 is 500 CHF. - The Annual Institutional Membership Fee 2104 is CHF. It allows each Institution, Member of ESAFON, to register until 5 executives as ESAFON Member. - ESAFON Honorary Membership 2014: this membership is restricted to the Donors willing to support the Association ESAFON for one year : from CHF - Please find ESAFON MEMBERSHIP APPLICATION FORM below. For more information or to apply for your Membership to ESAFON, please contact: Dr Anne Golbery, Managing Director, ESAFON a.golbery@esafon.com, direct phone: ESAFON A non-profit Association N Féd CH Avenue de Belmont 7, CH-1820 Montreux Tél.: Fax: customer.service@esafon.com Website:

6 To apply as an ESAFON Member, Please return the Form to our Customer Service by or fax: ESAFON MEMBERSHIP APPLICATION FORM 2014 Name:... Job Title:... Company:... Address:... City & Zip-Code:... Country:... Telephone:... Fax: Yes, I wish to enter the non-profit Association ESAFON, The European & Swiss Network of Asset and Fund Managers, Family Offices and Strategic Advisers I am introduced by:. Yes, I send you a short biography by with a colour portrait to be published on the private ESAFON website Individual Subscription 2014 (500 CHF) Institutional Subscription 2014 Until 5 members (1 500 CHF) Honorary Membership 2014 Donor : Yes, I will send you the payment upon receipt of your invoice Date: Signature: ESAFON A non-profit Association N Féd CH Avenue de Belmont 7, CH-1820 Montreux Tél.: Fax: customer.service@esafon.com Website:

7 ESAFON TEAM François Golbery, Chairman, ESAFON, Montreux Currently Chairman of ESAFON, a non-profit private initiative to promote the cooperation between Switzerland and Europe and facilitate the exchanges between professionals in the area of asset management & family wealth management, to allow its members to discuss together and to implement the new regulations and the best management practices, with an objective geared towards harmonisation and transparency. ESAFON has been created in 1997 to help families and their advisers sail through the expertise required to manage family wealth efficiently. Has been servicing the fund industry over the last 25 years as an entrepreneur addressing the implementation of the Lamfallussy procedure to the single market through focused and thoughtful high industry level conferences. Focusing on emerging trends that will have a strong impact to help formulating tomorrow s strategies for implementation in day-to-day business practices. Currently helping since 2010 the Maltese regulator and its Chairman Prof. Bannister to profile internationally Malta expertise as a jurisdiction of choice in fund management. Helps financial centers and boutique exchanges identify their strengths and position themselves to compete within the global arena. Has been in charge of organizing for Banque Privée Edmond de Rothschild Luxembourg their annual institutional pan-european fund conferences in Prague and Capri. Invited by the future 2014 European Commission to provide insight on ELTIF s and necessary updates on UCITS as the financial markets division prepares its work programme. MBA in Finance from the University of Hartford (Connecticut), under the patronage of Michel Barnier, currently Commissioner of the Internal Market Division at the European Commission in Brussels. Anne Walhain Golbery, Managing Director, ESAFON, Montreux Anne Walhain Golbery is Managing Director and Company Secretary of ESAFON, a nonprofit independent association. Anne is Head of the Global Operations including RP, ship, Customer Service, Marketing, IT, Finance, and Human Resources. Prior to ESAFON, Anne Walhain Golbery has been with François Golbery, the co-founder and co-owner of MGI Management Global Information SA, managing the global operations of MGI for 15 years. Previously, as IT Program Manager, Anne has been designing and implementing Technical Information Systems for the Space Electronic Equipments at EADS, France, for 12 years. She holds a Doctorate in Atomic Physics-1979, University of Caen, France. Two from among her five children are running their own Family Business in the 3rd generation.

8 ESAFON PARTNERSHIP PACKAGES 2014 EXHIBITOR PARTNER : CHF partner logo inserted in the conference brochure an exhibition space in the conference foyer for the duration of the conference a personalised invitation to send to your contacts with a 50% discount for any registration for your employees or your contacts your Corporate Profile inserted on our web site with a link to your web site 2 free conference invitations for your colleagues or clients 2 free conference passes for your colleagues present on your stand the complete mailing list of the conference participants FIRST CLASS PARTNER : CHF a 30 minute non-commercial presentation as a speaker a personalised invitation to send to your contacts with a 50% discount for any registration for your employees or your contacts your Corporate Profile distributed to the participants 2 free conference invitations for your colleagues or clients the complete mailing list of the conference participants SILVER PARTNER : CHF partner logo on front page of the conference brochure a 30 minute non-commercial presentation as a guest speaker with a formal introduction from the chairman your Corporate Profile inserted on our web site with a link to your web site and distributed to all the participants a personalised invitation to send to your contacts with a 50% discount for any registration for your employees or your contacts 3 free conference invitations for your colleagues or clients the complete mailing list of the conference participants PLATINUM PARTNER : CHF all the conditions applying to SILVER partnership, plus: lunch or cocktail offered by the company (luncheon costs included in the total package of Euro 7 900) a partner's logo appears on the schedule in participant folders GOLD PARTNER : CHF all the conditions applying to EXHIBITOR partnership, plus: partner logo on front page of the conference brochure lunch or cocktail offered by the company (lunch included in the total package of Euro a partner's logo appears on the schedule in participant folders a 30 minute non-commercial presentation as a guest speaker with a formal introduction from the conference chairman 6 free conference invitations for your colleagues or clients LEAD PARTNER : CHF all the conditions applying to GOLD partnership, plus: exclusivity of partnership to company's market sector The ESAFON s take in charge their travel and accommodation expenses A 20% discount is granted on the second Contract signed in Please contact Dr Anne Golbery, Managing Director, ESAFON at a.golbery@esafon.com

9 The 4 th Annual Asset Management Conference ASSET MANAGEMENT IN SWITZERLAND A Domicile of Choice for Swiss and Foreign Managers April 10 th, 2014 Grand Hôtel Suisse Majestic - Montreux To register, Please fax or back this Application Form fulfilled and signed to our Customer Service by at customer.service@esafon.com or by fax at CONFERENCE: cpd: 8 hours Title: ASSET MANAGEMENT IN SWITZERLAND Conference Code: C1426 Location : Grand Hotel Suisse Majestic Montreux Date: April 10 th, 2014 REGISTRATION: Name... First Name... Position... Company... Address Tel... Fax... ASSET MANAGEMENT IN SWITZERLAND April 10 th, 2014 (Code C1426) Registration Fee includes Refreshments, Buffet Lunch, a Full Documentation Package and the CD ROM of the Final Presentations Yes, I wish to register*: Standard Registration Fee CH Early Registration and Payment before January 30, 2014 CH SPECIAL OFFERS AVAILABLE FOR A BOOKING & Before January 30, 2014 After January 30, 2014 PAYMENT: SFAMA, SAAM, ASA SVV ASIP CH 950 CH ASB ABBL EFAMA MFSA ALFI LAFV Asset & Portfolio Managers CH 850 CH 950 Group Participation (2 delegates from the same company at the same address) CH 500 per delegate CH 650 per delegate Group Participation (3 Delegates or more) CH 400 per delegate CH 550 per delegate ESAFON CLUB Members CH 500 CH 650 ESAFON Members CH 400 CH 550 Date: Signature: *Please tick the applicable box Please send the invoice to the following address: Name, Job Title:... Address:...