Proposals for Better Management of Non-Financial Risks within the European Fund Management Industry

Proposals for Better Management of Non-Financial Risks within the European Fund Management Industry - December 2012

References

•  BIS CPSS and IOSCO (2012), Principles for financial market infrastructures, Bank for International Settlements Committee on Payment and Settlement Systems and Technical Committee of the International Organisation of Securities Commissions, April 2012. •  Burgess, K. (2007), Axa IM defends funds with own money, Financial Times , 2 August 2007. •  C(2012) 8370, COMMISSION DELEGATED REGULATION (EU) No …/.. of 19.12.2012 supplementing Directive 2011/61/EU of the European Parliament and of the Council with regard to exemptions, general operating conditions, depositaries, leverage, transparency and supervision, European Commission, 19 December 2012. AIFMD implementing regulation. •  CESR/07-044b, CESR's guidelines concerning eligible assets for investment by UCITS, CESR/07-044b, March 2007 updated September 2008. •  CESR/07-334, An evaluation of equivalence of supervisory powers in the EU under the Market Abuse Directive and the Prospectus Directive - A report to the Financial Services Committee (FSC), CESR/07-334, June 2007. •  CESR/09-175, Mapping of duties and liabilities of UCITS depositaries, CESR/09-175, January 2010. •  CESR/10-1318, GUIDELINES: Selection and presentation of performance scenarios in the Key Investor Information document (KII) for structured UCITS, Committee of European Securities Regulators, CESR/10-1318, 20 December 2010. •  CESR/10-1320, CESR’s guide to clear language and layout for the Key Investor Information document, CESR/10-1320, 20 December 2010. •  CESR/10-673, CESR’s guidelines on the methodology for the calculation of the synthetic risk and reward indicator in the Key Investor Information Document, CESR/10-673, 1 July 2010. •  CESR/10-788, CESR’s Guidelines on Risk Measurement and the Calculation of Global Exposure and Counterparty Risk for UCITS, Committee of European Securities Regulators, CESR/10-788, 28 July 2010. •  CSSF (2009a), The Madoff Case, Press Release, Commission de Surveillance du Secteur Financier, 25 February 2009. •  CSSF (2009b), The Madoff Case, Press Release, Commission de Surveillance du Secteur Financier, 27 May 2009. •  CSSF (2009c), The Madoff Case, Press Release, Commission de Surveillance du Secteur Financier, 18 November 2009. •  Costandinides, C. and Arnold, D. (2011), ETF Research – Industry Perspective: In the ETF labyrinth, where does the thread begin? Deutsche Bank, 7 July 2011. • De Larosière Group (2009), Report of the High Level Expert Group on EU financial supervision, February 2009.

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An EDHEC-Risk Institute Publication