Posts in Business

New ESG Guidelines for Annual Reports

July 4th, 2019 Posted by Business 0 thoughts on “New ESG Guidelines for Annual Reports”

In a context of increasing popularity of Environmental, Social and Governance (ESG) investments, the European Commission has published new guidelines on Tuesday, 18th June 2019, to improve the reporting of climate-related information in annual reports. The guidelines concern public interest entities and large companies with more than 500 employees operating in the EU whose development, performance, position and activities are related to climate in a material way.

The new guidelines suggest climate-related disclosures for five reporting areas:

  • Business model
  • Policies and due diligence
  • Outcome of policies
  • Principal risks and risk management
  • Key performance indicators

The concerned companies should be able to use the new guidelines for reports published in 2020, covering financial year 2019.

Would you like some assistance concerning the production of your annual reports? Let Prisma help you.

We at Prisma are aware of the challenges involved in the production of financial reports and are here to take the workload off your shoulders by providing you with an accurate and timely delivery of your financial reports. Prisma is specialised in the production of Audited Annual Reports, Unaudited Semi-Annual Reports, Quarterly and Monthly Financial Accounts.

We offer report production including all creation stages ranging from planning to typesetting, translation, print, review management and distribution. Our experienced Project Managers collaborate with all parties involved throughout the entire process of the project.

For more information, please contact us at prisma@prisma.lu or 43 48 89-1

New Electronic Applications for UCITs, SICAR, UCI Part II, specialized investment funds

June 3rd, 2019 Posted by Business 0 thoughts on “New Electronic Applications for UCITs, SICAR, UCI Part II, specialized investment funds”

The CSSF is planning to issue a new portal which will allow for electronic fund applications as of autumn 2019 and is supposed to replace the current email and postal submission channels.

The new portal will facilitate the application process by offering an interface for the submission of all relevant documents and information to the Luxembourg regulator, but also for the exchange of queries and answers in relation to the application. More transparency will be provided through an indication of the status quo of the application – up to its approval notification.

Would you like some support with your fund applications? Let Prisma assist you.

Fund registrations can trigger a lot of challenges in producing and gathering all relevant documents in time, knowing that a quick market access is key to success.

Prisma has significant experience in the production of any fund documentation, such as prospectuses, UCITS KIIDs, Annual / Interim / Quarterly Reports, Articles of Association and Regulatory Forms. We build streamlined and personalised processes for our clients in order to master individual client expectations and ensure in-time productions of the relevant documents.

Our services

  • Single point of contact
  • Project management and coordination of the entire production cycle
  • Communication with all involved parties
  • Time management and regular updates
  • Punctual delivery of your fund documentation

Smart documents

We also offer electronic documents with smart functionalities such as editable application and account opening forms. Instead of manually filling in the documents, you will be able to process the documents on screen and benefit from the automated transfer of the information onto the next copies. Additional functionalities such as extract reports from the forms can be added upon request.

For more information, please contact us at prisma@prisma.lu or 43 48 89-1.

Electronic Fund Applications

June 3rd, 2019 Posted by Business 0 thoughts on “Electronic Fund Applications”

The CSSF is planning to issue a new portal which will allow for electronic fund applications as of autumn 2019

Do you require editable application and account opening forms with embedded rules? (e.g. if you complete one copy, the other two will be completed automatically)

Any other design-driven documents?

Contact us any time for more information! prisma@prisma.lu or 43 48 89-1

Women in Banking and Asset Management: How will your actions speak louder than words?

February 26th, 2019 Posted by Business 0 thoughts on “Women in Banking and Asset Management: How will your actions speak louder than words?”

International Women’s Day is celebrated on March 8 every year. At EY, our commitment towards gender equality is steadfast and central to our purpose of building a better working world. The EY Partners have the great pleasure to invite you to our next BAM Club event about Women Leadership in Banking, Asset Management and Asset Servicing. At EY, our commitment towards gender equality is steadfast and central to our purpose of building a better working world. Let’s all celebrate the progress made, but let’s also recognize there is a lot more to do. Please join us for a panel discussion on women leadership in banking, asset management and asset servicing.

This event is open to both women and men.

Sponsor: Isabelle Nicks – Partner, D&I Responsible, EY

Panel Moderator: R.J. Donofrio – Senior Manager, EY

Panelists:

  • Carole Miltgen – Entrepreneur and CEO of her company, Prisma
  • Vanessa Roger Grüneklee – Head of Investment Management and Distribution Change, Schroder Investment Management
  • Chris Skelton – Head of Continental Europe Institutional Services, Fidelity International
  • Sandrine De Vuyst – Head of Private Banking, ING

https://www.ey.com/lu/en/newsroom/events_general-overview-events?fbclid=IwAR3Kybj9xqBYuv2bJYWOlVFslYlnPEeLMM05uWyGUNsQrTLJDAlVCU9vA-g

Luxembourg companies prepare for no-deal brexit

February 11th, 2019 Posted by Business 0 thoughts on “Luxembourg companies prepare for no-deal brexit”

As foreign affairs minister Jean Asselborn said: “I don’t know what’s going to happen on 29 March. But there’s so much at stake in the EU and for the UK. We’ve really got to find a conclusion, which isn’t destructive but positive.”

http://delano.lu/d/detail/news/luxembourg-companies-prepare-no-deal-brexit/202832

«Il y a du bon dans les process»

February 8th, 2019 Posted by Business 0 thoughts on “«Il y a du bon dans les process»”

“It is necessary to rethink the ways of recognizing the talent of an employee and above all, to do it other than by management. This will avoid indefinite layers of managers that make decision-making more complex…

…Everything is a matter of process. This extreme procedureization I explain by an ideology of fear. Today we are afraid of everything, we do not want to be responsible, we want to protect ourselves. The risk is very often seen as a threat, very rarely as an opportunity.
The processes paralyze the actions.”

http://paperjam.lu/news/il-y-a-du-bon-dans-les-process

Data complaints doubled after GDPR

January 30th, 2019 Posted by Business 0 thoughts on “Data complaints doubled after GDPR”

A spokesman for the National Commission for Data Protection (CNPD), the body that enforces GDPR rules in Luxembourg, told Delano on 29 January that: “The CNPD has received 351 complaints since 25 May.” Just over half of complaints (193) were lodged after 28 September, meaning the number of grievances slowed slightly at the end of last year.

http://delano.lu/d/detail/news/data-complaints-doubled-after-gdpr-watchdog/201632

Obsessed with being busy?

January 7th, 2019 Posted by Business 0 thoughts on “Obsessed with being busy?”

“If you do take time to reflect on your busy life, bear in mind that the solution may not necessarily be about how you manage your time, but rather how you manage your relationships with others.”

http://delano.lu/d/detail/news/obsessed-being-busy-historical-perspective-may-help-you-out/199760

http://delano.lu/sites/default/files/styles/640_427_echelle_recadrage/public/externals/a6ec1280d9102b65ea6122952ee9a91a.jpg?itok=x3jjGVd1

ALFI Conference 25-26 September 2018

September 28th, 2018 Posted by Business 0 thoughts on “ALFI Conference 25-26 September 2018”

Initially designed to help European households save, three decades later, Ucits is now also a favorite fund vehicle for global institutions. What ingredients of this success can contribute to future success?

http://delano.lu/d/detail/snapshots/model-next-30-years/191356#pid=1

ALFI wants subscription tax review

September 18th, 2018 Posted by Business 0 thoughts on “ALFI wants subscription tax review”

Luxembourg’s fund chiefs are calling on the next government to reorganise the subscription tax on funds to help lower their operating costs.

http://delano.lu/d/detail/news/alfi-wants-subscription-tax-review/190740

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