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The 7th annual Fund Governance Conference held by the Luxembourg Institute of Directors (ILA(1)) in conjunction with PwC Luxembourg raised regulatory complexity, governance frameworks and professional standards as key matters in the fund industry. The conference, held on 26 January 2012 at the Chamber of Commerce, was attended by more than 130 ILA members, fund board directors and industry representatives. Summarising key topics addressed during the conference, John Parkhouse, ILA Fund Committee Chairman and Partner with PwC Luxembourg, reaffirmed: We have a need for a more defined governance model, a key challenge of which is to introduce suitable guidance while avoiding excessive regulation. In the wake of the recent crisis and political interest in governance matters,...
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