HomeNews5th Liechtenstein Funds Day

5th Liechtenstein Funds Day

On 22 May 2013, the Propter Homines Chair for Banking and Securities Law will host the 5th Liechtenstein Funds Day at the University of Liechtenstein. The programme will focus on the implementation of the AIFM Directive in Europe as well as on the broader reform of collective investment law.


On 22 May 2013, the Propter Homines Chair for Banking and Securities Law will host the 5th Liechtenstein Funds Day at the University of Liechtenstein. The programme will focus on the implementation of the AIFM Directive in Europe as well as on the broader reform of collective investment law.

After a welcome by Professor Dirk A. Zetzsche, LL. M. (Toronto), who holds the Propter Homines Chair for Banking and Securities Law, and a welcoming address from the government, the morning session will focus on the implementation of the directive for managers of alternative investment funds in Europe.

A comparative overview of legal systems


The implementation deadline for the AIFM Directive, which was implemented in Liechtenstein via the directive related to the managers of alternative investment funds (AIFMD), expires on 22 July 2013. Now the time has come to examine more closely the developments in other European states and to explore the benefits and drawbacks of the respective implementations.

For this purpose, renowned experts from neighbouring legal systems have been invited to the 5th Liechtenstein Funds Day. They will present and compare the implementation of the AIFM Directive in Germany, Luxembourg, Austria and the Netherlands, as well as in Liechtenstein and the EEA. 

Reforms within collective investment law

The second part of the Funds Day is dedicated to the broader, permanent reform to collective investment law. The UCITS V Directive has already been specified, while the outlines of UCITS VI have been mapped out. What are the implications for existing asset management units? What opportunities result from the regulations on venture capital funds and funds for social entrepreneurship which accompany the AIFM Directive? How does MiFID II fit into this context? These and other questions will be explored by the experts in their lectures as well as in discussions with the audience.

Participants will have the opportunity to talk with the internationally renowned speakers and explore the topic in greater depth through individual questions at a subsequent drinks reception.




5th Liechtenstein Funds Day
Wednesday, 22 May 2013
9.00 a.m. to 4.50 p.m., followed by drinks reception
Schaan, main SAL hall (hall at the Lindenplatz)
Registration and further information at www.uni.li/fondstag