23rd–24

th June 2016

New York, USA

The Conference Programme

Day 1: Day 2:

SESSION 1: Hedge Fund Regulatory Overview and Update • EU Regulatory Framework (AIFMD; EMIR; PRIIPs, UCITS V) and US Regulatory Framework (SEC Registration, Dodd-Frank, FATCA). • Regulatory Update (Latest Developments, Costs of Doing Business, Barriers to Entry, New Regulatory and Compliance Opportunities). • Hedge fund investment outlook, trends, and opportunities. SESSION 2: Hedge Funds, MiFID II and MiFIR • Overview of Key MiFID II obligations and concepts (conduct of business obligations, transparency and investor protection, third country firms). • In-scope OTC derivatives and commodities markets and commodity derivatives position limits. • Key trading and reporting issues for Hedge Fund Managers (different reporting templates, expanded instruments, identifiers, reporting and trading algorithms). SESSION 3: Hedge Funds, FATCA and the OECD CRS • Definitions, the Three Pillars of FATCA (Classification, Reporting, Withholding) and Passthru Payments. • FATCA due diligence for Hedge Funds under Model 1 IGA, Model 2 IGA, and FFI Agreements. • Assessing Hedge Fund compliance risks and costs. • FATCA civil and criminal penalties. • Analysing and comparing the OECD CRS Standard for Automatic Exchange of Financial Account Information (Model Competent Authority Agreement) (Common Reporting and Due Diligence Standard). SESSION 4: Hedge Funds, Business Continuity Planning and Disaster Recovery Plans • Building a Disaster Recovery Plan (objectives, capital costs, underlying business requirements, • The decision to outsource Disaster Recovery Plan Development and key considerations. • Evaluating technology solutions for data security and protection. • Key considerations in developing effective Business Continuity Plans.

WORKSHOP 1: Hedge Fund Governance I • How to define Hedge Fund Governance. • Hedge Fund Governance Principles: Legal v. Best Practice. • Hedge Fund Quality Governance, Openness, and Transparency Best Practices. • Alignment of Interests, Fee Pressures, Agency Risk, and Conflicts of Interest. WORKSHOP 2: Hedge Fund Governance II • Hedge Fund Investor Fee Structures – Alpha v. Beta Gains, New Fee Structuring Practices. • Managerial High Pay Performance Sensitivity. • Evaluating the Effectiveness of Hedge Fund Boards. • Corporate Governance, Ethics, and the Hedge Fund Board. WORKSHOP 3: Developing and Implementing an Effective Compliance Program • Developing an effective Compliance Program (books and records; business continuity; compliance calendars; codes of conduct; confidential information; conflicts of interest; accounting practices; independent and fair valuations; problematic valuations such as derivatives; leveraging technology) and Compliance Outsourcing Options. • Effective Risk Prevention and Remedy Plans and strategies to anticipate future compliance and hazard risks. • Effective Employee Misconduct Strategies (use or misuse of property). WORKSHOP 4: Hedge Fund Third Party Administration • Selection of Third Party Fund Administrators (due diligence, cost-benefit analysis, cost advantages, risk and liability, perception of independence, administrator agreements, procedures manuals, and the delegation of core and non-core functions, 'NAV Lite' risks). • Record keeping requirements, compliance rules, compliance manuals, annual reviews. • Third party fund administration technology and operational offerings and strategic partnerships. • Third Party Shadowing of Third Party Fund Administrators.

Hedge Funds: Regulatory, Risk and Compliance Compliance

Your Expert Trainers Jon S Aikman, Managing Lawyer, J. S. Aikman Corporation Lawyer, Ontario, Solicitor, England & Wales Rodrigo Zepeda, Managing Director, Storm-7 Consulting Limited Simon Eyre, Director of Client Services, Eze Castle Integration, London Kevin Walsh, Chief Operating Officer, TMF Custom House Global Fund Services

The Conference Training Programme This two day intermediate to advanced level conference programme will provide delegates with comprehensive training in the latest regulatory, risk, and compliance issues affecting the Hedge Fund and Alternative Investment Fund industries around the world today. Delegates will be instructed on the latest regulatory developments affecting Hedge Funds and Alternative Investment Funds in the European Union and the United States, as well as globally. The programme will provide a unique perspective on the latest trends and opportunities affecting Hedge Funds and Alternative Investment Funds. Finally, delegates will benefit from expert insights into enhancing operational and governance best practices, innovative third party administration practices, and streamlining existing Hedge Fund and Alternative Investment Funds compliance program frameworks and strategies.

Media Partners

Address: Level 24/25 The Shard 32 London Bridge Street

London SE1 9SG

Telephone: UK +44(0)20 7846 0076

Email: customer.services@storm-7.com

Online: www.storm-7.com

The Conference Programme

Day 1: Day 2:

SESSION 1: Hedge Fund Regulatory Overview and Update Jon Aikman • EU Regulatory Framework (AIFMD; EMIR; PRIIPs, UCITS V) and US Regulatory Framework (SEC Registration, Dodd-Frank, FATCA). • Regulatory Update (Latest Developments, Costs of Doing Business, Barriers to Entry, New Regulatory and Compliance Opportunities). • Hedge fund investment outlook, trends, and opportunities.

SESSION 2: Hedge Funds, MiFID II and MiFIR Rodrigo Zepeda • Overview of Key MiFID II obligations and concepts (conduct of business obligations, transparency and investor protection, third country firms). • In-scope OTC derivatives and commodities markets and commodity derivatives position limits. • Key trading and reporting issues for Hedge Fund Managers (different reporting templates, expanded instruments, identifiers, reporting and trading algorithms).

SESSION 3: Hedge Funds, FATCA and the OECD CRS Rodrigo Zepeda • Definitions, the Three Pillars of FATCA (Classification, Reporting, Withholding) and Passthru Payments. • FATCA due diligence for Hedge Funds under Model 1 IGA, Model 2 IGA, and FFI Agreements. • Assessing Hedge Fund compliance risks and costs. • FATCA civil and criminal penalties. • Analysing and comparing the OECD CRS Standard for Automatic Exchange of Financial Account Information (Model Competent Authority Agreement) (Common Reporting and Due Diligence Standard).

SESSION 4: Hedge Funds, Business Continuity Planning and Disaster Recovery Plans Simon Eyre • Building a Disaster Recovery Plan (objectives, capital costs, underlying business requirements, • The decision to outsource Disaster Recovery Plan Development and key considerations. • Evaluating technology solutions for data security and protection. • Key considerations in developing effective Business Continuity Plans.

WORKSHOP 1: Hedge Fund Governance I Jon Aikman • How to define Hedge Fund Governance. • Hedge Fund Governance Principles: Legal v. Best Practice. • Hedge Fund Quality Governance, Openness, and Transparency Best Practices. • Alignment of Interests, Fee Pressures, Agency Risk, and Conflicts of Interest.

WORKSHOP 2: Hedge Fund Governance II Jon Aikman • Hedge Fund Investor Fee Structures – Alpha v. Beta Gains, New Fee Structuring Practices. • Managerial High Pay Performance Sensitivity. • Evaluating the Effectiveness of Hedge Fund Boards. • Corporate Governance, Ethics, and the Hedge Fund Board.

WORKSHOP 3: Developing and Implementing an Effective Compliance Program Jon Aikman • Developing an effective Compliance Program (books and records; business continuity; compliance calendars; codes of conduct; confidential information; conflicts of interest; accounting practices; independent and fair valuations; problematic valuations such as derivatives; leveraging technology) and Compliance Outsourcing Options. • Effective Risk Prevention and Remedy Plans and strategies to anticipate future compliance and hazard risks. • Effective Employee Misconduct Strategies (use or misuse of property).

WORKSHOP 4: Hedge Fund Third Party Administration Kevin Walsh • Selection of Third Party Fund Administrators (due diligence, cost-benefit analysis, cost advantages, risk and liability, perception of independence, administrator agreements, procedures manuals, and the delegation of core and non-core functions, 'NAV Lite' risks). • Record keeping requirements, compliance rules, compliance manuals, annual reviews. • Third party fund administration technology and operational offerings and strategic partnerships. • Third Party Shadowing of Third Party Fund Administrators.

Regulatory developments on both sides of the Atlantic such as Dodd-Frank in the US, and the AIFMD in the EU, have forced hedge funds to re-think future investment, compliance and administration strategies

Expert Trainer Biographies Jon Aikman is the Managing Lawyer of J.S. Aikman Corporation and the Vice President of the Dundee Corporation, Toronto, Canada. He is a qualified lawyer in Ontario, is a qualified solicitor in England and Wales, holds an MBA from the University of Oxford, is a designated Chartered Investment Manager, and is a member of the New York State Bar Association. He has broad, international experience in hedge funds, private equity funds, pension funds, sovereign wealth funds, investments, and investment banking. He is adjunct faculty at Queen's University School of Business, is a lecturer in finance at the Rotman School of Management (University of Toronto) and has lectured on a wide range of topics such as corporate finance, derivatives, options and futures, and hedge funds. He is the author of 'When Prime Brokers Fail' (Wiley, July 2010) and 'Hedge Fund Law and Finance: Regulation, Compliance, and Risk Management' (American Bar Association, August 2015). Rodrigo Zepeda is an expert consultant who specialises in derivatives and financial services law, regulation, and compliance. He holds a LLM Masters degree in International and Comparative Business Law, has been an Associate of the Chartered Institute for Securities & Investment since 2004, and has passed the New York Bar Examination. He is a Reviewer for the Journal of Financial Regulation and Compliance and has also published widely in leading industry journals such as the Capco Institute's Journal of Financial Transformation, the Journal of International Banking Law and Regulation, as well as e-books on derivatives law. Noted publications include "Optimizing Risk Allocation for CCPs under the European Market Infrastructure Regulation"; "The ISDA Master Agreement 2012: A Missed Opportunity"; "The ISDA Master Agreement: The Derivatives Risk Management Tool of the 21st Century?"; "To EU, or not to EU: that is the AIFMD question"; and "The Industrialization Blueprint: Re-engineering the Future of Banking and Financial Services". Kevin Walsh is the Chief Operating Officer of TMF Custom House Global Fund Services, a leading provider of fund administration services to the alternative investment sector. The firm's entrepreneurial environment, strong commitment to a full and hands-on client experience, and independent ownership under the TMF Group umbrella makes it a unique global fund administration services model in the alternative funds sector. Kevin has over 20 years of experience in the funds industry, and is responsible for oversight of the company's eight fund service locations in Europe, Asia and North America, as well as product development and business planning for fund administration and client services. Kevin started his career in the funds industry in 1995 at the Bank of Bermuda and has a strong operational, regulatory and product management focus and experience in banking and fund services. Kevin joined HSBC as Head of Product Management Hedge Funds in 2008, was previously Head of Product Management Hedge Funds & FoHF at HSBC Securities Services Ireland Ltd, and is a qualified ACCA accountant. Simon Eyre is Director of Client Services in the London office of Eze Castle Integration, a global provider of private cloud and IT services to the alternative investment management industry. With over 15 years’ experience in the IT industry, Simon is responsible for the delivery of all services within the UK for Eze Castle Integration. His scope is both technical and non-technical – including delivery of cloud, network and security products, client relations as well as the hiring, management and training for all IT staff. Simon is into his 12th year with Eze Castle Integration and was instrumental in their first multi-tenant environment in New York and the opening and success of the company’s London operations. He previously worked for a Federal Business providing them with the necessary experience to transition from a UNIX to Wintel platform. Simon has lived in both US and UK and attended Rutgers and NJIT Universities for his BSc in Electrical Engineering.

Course Suitable for

Alternative Investment Managers

Buy-Side Organisations

Chief Executives

Chief Financial Officers

Chief Risk Officers

Compliance Officers/Directors

Family Offices

General Legal Counsel

General Managers

Hedge Fund Officers/Managers

Investment Fund Managers

Private Equity Fund Managers

© Copyright 2016, Storm-7 Consulting Limited

Key Takeaways

Advanced knowledge and understanding of the latest regulation, compliance, and risk management issues affecting hedge funds

Key insights into the latest issues affecting third party administration, and how to implement effective compliance programs

Pre-conference questionnaire to identify delegate's key conference objectives

Lenovo 8" Yoga Tablet pre-loaded with conference presentations and documentation to take-away

Comprehensive conference documentation

Post-conference expert trainer follow-up to guarantee all key conference objectives have been met

Why Should I attend this Conference?

Delegates will be updated with the latest and most relevant regulatory (MiFID II, MiFIR, FATCA, OECD CRS, EMIR, AIFMD) issues affecting hedge funds and alternative investment funds, as well as insights into how to optimise and leverage regulatory compliance strategies.

Delegates can have a preliminary discussion about having their Business Continuity and Disaster Recovery Plans independently evaluated by an EzeCastle Integration expert in the future, to ensure they are sufficiently optimised, in order to minimise financial loss, and the negative effects of downtime in the face of unexpected business disruptions.

Delegates can discuss existing hedge fund and alternative investment fund compliance and governance practices with a hedge fund lawyer who has experienced first-hand a range of hedge fund compliance frameworks. Indeed implementing or refining transparent governance best practices can help to stem the effects of a potential "run on the bank" by hedge fund investors demanding redemptions.

Delegates will be able to discuss in depth how global regulations are impacting risk management practices, and the conference will allow them to review third party administration offerings, or to evaluate existing third party administration frameworks.

Conference Venue

Langham Place, New York

400 Fifth Avenue | New York | NY 10018 Murray Hill Boardroom

Hotel Special Offers

http://www.langhamhotels.com/en/langham-place/new-york/offers/

To Book

Contact: S7C Client Services

Telephone: UK + 44 (0)20 7846 0076

Email: client.services@storm-7.com

Lobby Online: www.storm-7.com/event-bookings