ILA & PwC Fund Day held on 17/1/2023!
State of play today - 6 months after the update of the Code we have received some suggestions to slightly modify the wording to some recommendations under Principle XI. Overall feedback from the market is positive on the Code of Conduct.
Look out for the call for interest request from ALFI and ILA on the following initiatives:
➡️ Revise the Code of Conduct – with focus on Principle XI
➡️ Revise the existing six Guidance Notes to align to new ALFI Code of Conduct
➡️ Potential new guidance notes, and topics:
- Review and oversight of regulatory questionnaires (SAQ’s, Cost and Charges, AML etc)
- ESG from a board perspective
- Digital Assets, virtual boards and signing
- ELTIF’s and Part II retailisation of private capital
➡️ Other potential initiatives request by industry participants (Joint ILA and ALFI initiatives):
- Responsibility of ManCo board vs Fund Board
- The role of the Corporate Governance Officer (Cosec)
- Fund data standards initiative
We operate around the principle that if our people have a stake in the business, they will do a better job for our clients. We have a committed and stable team, as they see the benefit of long-term value creation through building long-standing relationships. We build value for clients, and their end customer.
You can have the best technology and the most efficient processes in the world, but if you don’t have the people to operate them, your business is worth very little. Thus, our biggest asset is our team of professional and passionate experts.
We operate next generation technology through a combination of in-house, and best in market solutions to deliver an impeccable service and use technology to excel in both service delivery and efficiency.
We delight in valued long-term partnerships with clients, team, industry partners and our stakeholders. We aim to work with clients who share our belief in the importance of building strong partnerships over time.