Collective Investment Schemes



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Collective Investment Schemes Dates: 22, 24, 29 September, 1st October Time: 5pm - 7:30pm Venue: ifs Malta, Pieta Overview The aim of this course is to introduce the attendees to the main concepts and practical aspects relating to Collective Investment Schemes. The course will analyse provisions in the Maltese legal framework underpinning the various types of Collective Investment Scheme licences and including UCITS schemes and AIFMD compliant funds. Target Audience The course content is aimed for all practitioners who require practical information on Collective Investment Schemes and on the most recent legal developments on the subject. CPE Hours This course programme holds 9 hours of structured CPE qualifying for the attainment of Professional Development Competencies. Organised by:

Training Programme Session 1 (22nd September, 5:00pm - 7:30pm) Introduction to key concepts We will be analysing the meaning of Collective Investment Scheme as defined under Maltese law and also other concepts inherent to the mechanics of Collective Investment Schemes. Vehicles We shall look at the various vehicles which may be used for the licencing of a Collective Investment Scheme: SICAV; INVCO; Limited Partnership, including reference to the proposed revisions to the Tenth Schedule of the Companies Act; Unit Trust; and Contractual funds. Furthermore, special mention shall be made to the platform type of model, namely the Recognised Incorporated Cell Company structure. Reference will also be made to the recently amended Loan Fund Rules and the Property Fund Policy. Session 2 (24th September, 5:00pm - 7:30pm) Officers: We will look into the role, responsibilities and duties of the officers appointed by a Collective Investment Scheme: Directors Compliance Officers Money Laundering and Reporting Officer Service Providers: Here we will analyse the role, responsibilities and duties of the service providers appointed to a Collective Investment Scheme: Administrators Custodians Auditors Investment Manager We shall also look into the concept of self-managed funds and the supplementary requirements applicable to such Funds.

Training Programme (continued) Session 3 (29th September, 5:00pm - 7:30pm) Types of Collective Investment Schemes We will explore and compare the types of Collective Investment Scheme licences available under Maltese law. a) Private collective investment schemes b) Retail non-ucits Funds c) Retail UCITS Funds Here we will look into the following concepts: Master - Feeder structure; Passporting and the notification procedure; Permissible assets; Development further UCITS V Session 4 (1st October, 5:00pm - 7:30pm) Types of Collective Investment Schemes (cont d) d) Professional Investor Funds e) Alternative Investment Funds (AIFMD compliant collective investments schemes)

Speaker Kurt Hyzler B.A., LL.M. (Lond.), LL.D. Kurt graduated Doctor of Laws from the University of Malta in 2006 after submitting a doctoral thesis entitled The Principle of Pari Passu in Corporate Insolvency Law. Kurt was awarded the Chevening Scholarship in 2006 in order to further his studies at Queen Mary University London where in 2007 he obtained a Master of Law degree from the University of London in Banking and Finance Law after sitting for examinations in Company Law, International Finance Law, Financial Services Law and Corporate Insolvency Law. Kurt started his professional career with GVTH Advocates in 2007 and proceeded to join Simon Tortell and Associates in 2009. Kurt joined CSB Group in 2012. With over 7 years experience in the industry he is particulary active in the Group s financial services practice. Throughout his career he has worked on the licensing and on-going servicing of various types of collective investment schemes including UCITS and Hedge funds and investment services providers. Apart from the financial services, he has been involved in corporate law matters, privatisations and banking.

Collective Investment Schemes Registration Form Registrant Details Registrant Name & Surname: Designation: Organisation: Tel: E-mail: Billing Address: Registrant Fee 260 (inclusive of coffee breaks) 40 (Full-time students subject to availability and on presentation of the student card) CPE Hours: This course programme holds 9 hours of structured CPE qualifying for the attainment of Professional Development Competencies. Methods of Payment By Cheque: in euro denomination made payable to the Institute of Financial Services Malta and mailed to the attention of the Administration Secretary on 60, G Mangia Hill, Pieta PTA 1316. By Bank Transfer: A/C Holder: ifs Malta Bank Details: Bank of Valletta Branch Account: 10207225018 IBAN: MT39VALL22013000000010207225018 BIC (Swift): VALLMTMT Membership: Registration entitles you to become a full registered member of the ifs Malta. This membership is free of charge and is valid for a maximum period of 12 months, after which the Committee will evaluate and consider whether to extend such membership for another fixed period of for an indefinite period of time. Renewal of membership is valid for an additional period of twelve months. The local membership is subject to review by the Committee at any time. Data Protection Notice: The ifs Malta holds and processes your personal data in order to give you full benefits of being a student, for administrative purposes and to inform you of any future events, services and other related information. In the eventuality that ifs Malta would need to give any personal data to a third party, you will on a case-by-case basis be duly informed of this and you will also be given the opportunity to refuse that such data is given. You have the right to request access to and rectification of, the personal data concerning you that is held by the ifs Malta.