REGULATORY COUNSEL RETAINER

This programme covers both technical and industry expertise.

About Aquest

Advisory Firm and Virtual Academy for Regulated Financial Services firms wanting access to insights, training and guidance on how to be Regulator Intelligent from authorisation to sanctions, new legislation, and everything in between.

Services

Regulator Intelligent; improving your relation with the Regulator. 

 

Programmes for Banks, Admins, Depos, ManCos spanning how to interpret, implement and measure your firm's degree of compliance compared with best practices. 

Contact us

To book a programme, workshop, keynote email Anne@Aquest.ie

To have Daniel Lawlor speak at your event, please email Anne@Aquest.ie

To join our Online Academy, email Anne@Aquest.ie

11 Wynnefield Road, Dublin 6, Ireland

Anne@Aquest.ie // +353 87 391 0379 

Copyright: 2019 Aquest Ltd.

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  • Daniel Lawlor

Dublin Calling Blog with Peter McKeown Walley, Natixis

Dublin Calling:  REGISTER HERE



Dublin Calling Blog with Peter McKeown Walley

Peter McKeown Walley, Legal Counsel, Natixis Investment Managers

In advance of Dublin Calling on 3 October, I chat with Peter McKeown Walley about what Brexit means for his firm, Natixis Investment Managers, and why he is looking forward to Dublin Calling

DL: Tell me a little about your role

PMcKW: I am Legal Counsel in Natixis Investment Managers in London and work on Natixis’ UK OEIC and Irish UCITS self-managed investment company.

DL: How is Brexit affecting your business?

PMcKW: From a funds perspective, there are a couple of issues that jump out. We sell our Irish SMIC in the UK via the UCITS passport so distribution arrangements post Brexit are something that is important for us. We are also interested in how Brexit will affect outsourcing to the UK particularly in terms of the location of Designated Persons. Market infrastructure issues are also coming up – what will Brexit mean in terms of clearing, EMIR, etc.

DL: How are you coping with it?

PMcKW: With so much uncertainty about what the Brexit deal will look like – or over whether there will even be a deal – it is really difficult to plan with any degree of certainty. However, we are doing scenario planning on an ongoing basis and are keeping in close contact with our advisers and board directors about how we plan to deal with each scenario. Communication and constant review are key to our Brexit approach at the moment.

DL: What are the greatest challenges?

PMcKW: The lack of certainty at the moment is the biggest challenge. This applies both to the political approach and to the regulatory guidance. From a regulator’s perspective, they are trying to balance the need to avoid front running the political process with the need to provide firms with guidance on what is expected of them. It’s a difficult balance but leaves firms trying to do their best with very little indication of what is required, what the final outcome will be and what transitional arrangements will apply.

DL: What insights are you hoping take away from Dublin Calling?

PMcKW: It would be great to get some insights on current approaches to substance, outsourcing and time commitments of directors and Designated Persons and a sense for how this might play out. Another area of interest is resourcing and how easy or difficult it might be to recruit individuals with experience and expertise.


DL: These are certainly topics which are coming up again and again as we speak with firms who are looking at Dublin as their Brexit solution so they are pretty much top of our list to cover at Dublin Calling. We’ll also touch a little on how the regulatory environments and recruitment markets in London and Dublin differ – because Dublin is not just a smaller version of London, the differences are a bit more nuanced.


Many thanks to Peter for sharing his thoughts and I look forward to seeing Peter at Dublin Calling on 3 October.


Places for Dublin Calling are filling up fast so REGISTER NOW to reserve your space.


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