CSSF Circular 24/856 (amending Circular 02/77) on NAV errors

As part of this course, PwC's Academy offers to highlight your company's requirements regarding this topic and to address in a comprehensive and practical way the questions participants are confronted with in the light of the obligations of this new CSSF circular 24/856 (focused on NAV errors).

This module is part of our Fund Accounting curriculum.

Duration: 2h

Language: Available in English and French. The supporting material is only available in English.

Number of participants: up to 15

Available under intra-company course (i.e. dedicated session)

Objectives

By the end of this training, participants will be able to:

  • understand the key concepts related to the circular 24/856 with a focus on the NAV errors;
  • understand the procedures applicables in case of NAV errors;
  • explain the key points of the circular to the other employees and how to treat NAV errors detected.

Content

Theoretical part:

  • Definitions of the main concepts
  • Scope of application of the circular
  • Overview of the new regulatory environment in Luxembourg in the context of the circular
  • Presentation of the key stakeholders involved as well as roles and responsibilities of each stakeholder
  • How to treat NAV errors
  • Understanding of the implications in case of detection of other errors

This training is interactive and includes practical points.

Target audience

  • Members of risk team at management company/AIFM level
  • Members of oversight team at management company/AIFM level

Our lead experts

This training is coordinated by Frédéric Botteman, Partner at PwC Luxembourg, and will be given by directors and managers who benefit from a strong professional experience in this area.

Frédéric, Audit Partner, is specialised in the valuation of derivatives and illiquid securities. Thanks to this, he has gained a high expertise in the audit of guaranteed funds. He is also leading several SRI reporting for major IM players.

Frédéric is an instructor in several courses linked to derivative instruments.

Contact us

Contact details

PwC's Academy, Crystal Park Building, PwC Luxembourg

Tel: +352 49 48 48 4040

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