Conference

Expanding and Harmonizing the Footprint

- Millennium Broadway Hotel New York, New York

Exploring the regulatory landscapes of the US and the UK – highlighting key similarities and differences
Compliance Program Management: FCA and SEC Regulations Intersect
Ascendant Compliance Management and CCL partner to educate compliance professionals on effectively managing this transatlantic cross-section. Call it Enterprise Risk Management and paving the way for growth. Expanding your firm’s footprint requires your firm to be at the forefront of international compliance obligations.

Key Topics: Registrations and Approvals, Marketing, Market Abuse, Code of Ethics, Record Keeping, Reporting, Risk Management, Internal Controls, Corporate Governance, Big Data

The program will review key SEC and FCA rules side-by-side, and is designed to develop appropriate and strong processes with efficient synchronicity between the programs. Whether the firm is just beginning to expand its footprint or to examine and improve current state, firms in all stages will benefit.

Together, Ascendant Compliance Management and CCL Compliance have decades of experience in transforming compliance and the enterprise risk management framework. The two firms have come together to “Expand and Harmonize the Footprint of Compliance Management” globally.

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8:00-9:00

Registration/ Breakfast

9:00-9:10

Introduction

9:10-9:40

Opening Keynote:
International co-operation between the SEC and FCA

9:45-11:00

Panel: Identifying Key Advisory and Marketing Activities
This overview of investment manager activity and key international products leads us to know where and how an investment manager’s activities must be regulated in the US and internationally.

  • US Products and Registration
  • The UK Regulatory Environment
  • The Authorization Process, and the Approved Persons Regime
  • Supervised Persons, Directors, Chief Compliance Officers
  • Overview of Conduct of Business Rules and US Code of Ethics
  • Interaction between Private Funds, RIC’s, AIFMD and UCITS, MIFID

11:00-11:20

Break

11:20-12:45

Working Roundtables:

  • AIFMD – Overview
    • A practical guide to the marketing regulations and guidance for Firms currently reviewing internal procedures
  • SEC Marketing Rules
    • Product offerings, no action letters, private v. general solicitations, speaking to the media
  • UK: Overview of Conduct of Business Rules
    • Application and purpose of the COBS Sourcebook
    • Provide an understanding of what is required under the “Client’s Best Interest Rule” especially in the light of more principles based regulation
    • Describe a firm’s obligations in relation to their communications with clients, and the scope and remit of the duty to communicate with clients in a way that is fair, clear and not misleading
    • Explain the client categorisation rules, and how the COBS Sourcebook applies to different categories of client
    • Best Execution and the UK regulator’s approach
    • Transaction Reporting requirements
    • Provide practical advice on the rule on inducements
    • Describe the application of the suitability and appropriateness rules
  • US Compliance Program Management
    • Application and purpose of the Compliance Programs Rule
    • US Code of Ethics implementation
    • Conflicts of interests and the fiduciary duty

12:45-1:45

Lunch

1:45-2:45

Working Roundtables (continued):

  • Senior Management Arrangements for UK Firms
    A review of the most crucial elements of the Senior Management Arrangements, Systems and Controls section of the regulator’s Handbook, outlining specific responsibilities of all Directors and Senior Managers
  • The UK’s new Senior Managers Regime for Banks
  • US Compliance Manuals and Communicating Supervisor Responsibility
  • MiFID II – Overview
    • Passporting and the Third Country Regime
    • Client categorisation
    • Client order handling
    • Pre-trade transparency
    • Post-trade transparency
    • Best execution
    • Use of Dealing Commission (Soft Dollars)
  • More US Comparisons: Principles Based
    • US Client Categorizations
    • Seeking Best Execution
    • Conflicts and Prohibited Transactions

2:45-3:00

Break

3:00-3:55

Panel: The Overlap and Coordination of Multiple Jurisdiction Compliance Programs

  • Recent enforcement/disciplinary actions in the UK
  • Issues Focus at the SEC
  • US Survey results

4:00-5:00

Open Discussion Groups
The experts will take questions on FCA and SEC registration and regulation. Expanding markets and exploring synergies with current compliance programs to create efficiencies.

Hot Topics Include:

  • Custody and Safeguarding Client Assets
  • Insider Dealing
  • Reverse Solicitations
  • The Passport Process
  • Political Donations, Bribery Act, et al.

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Fusce auctor augue in pellentesque sagittis. Integer in molestie neque, eu blandit sem. Donec dapibus orci ornare mauris aliquet condimentum. Duis vel lectus in nisi auctor finibus at sit amet augue. Etiam in quam tellus. Aliquam iaculis vitae metus at lacinia. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam congue ac sem a sagittis. Vestibulum eu imperdiet odio, nec iaculis velit. Integer at neque non sem vehicula tristique. Nullam mollis dolor in quam suscipit fermentum et ut augue.

Millennium Broadway Hotel

145 W 44th St, New York, NY 10036
Tel: +1 212 768 4400 Fax: +1 212 768 0847
Email: broadway@millenniumhotels.com
Web: http://www.millenniumhotels.com/millenniumbroadwaynewyork/

The Millennium Broadway is a beautiful Art Deco hotel located in New York City’s renowned Theater District, right in the heart of Midtown Manhattan. Two blocks north of bustling Times Square and two avenues west of the fashionable Fifth Avenue shops, the Millennium Broadway is also only minutes to Bryant Park, Grand Central Station, and the Rockefeller Center. The hotel boasts a popular Times Square restaurant, “Charlotte,” located in the hotel’s elegant wood and marble lobby, offering warm décor and a casual dining experience. Each of the Millennium’s 626 guest rooms is luxuriously appointed, exuding the elegance and energy of The Big Apple. The rooms feature all modern conveniences suited to the 21st century traveler. The hotel’s friendly and efficient staff will cater to your every need, making your stay special and memorable. The Millennium Broadway hotel is only minutes to fine dining, shopping and entertainment venues.

Ascendant Compliance Management has reserved a small block of rooms with a group rate of $279 per night at the Millennium Broadway Hotel for the night of Tuesday, June 23, 2015. For reservations please contact the Reservations Department at 212-768-4400 or 1-800-622-5569 and reference the Ascendant Compliance Management conference to be held at the Millennium Broadway. The cut-off date for the room block is June 9, 2015 so be sure to make your reservations early.

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Hotel Map

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