The event, to be held at the British Museum on Wednesday 3 February 2016, commences at 4pm with registration and coffee and concludes with a networking drinks reception at 6pm. The masterclass will feature a keynote speech from Lord Flight and a panel session with leading figures from the funds industry debating the benefits and suitability of National Private Placement (NPP) regimes and third country passporting under AIFMD. The panel session will be moderated by Robin Fuller of Guernsey Funds Consultancy, with panelists including Cathy Pitt, Corporate Partner of CMS Cameron McKenna LLP; Shane Le Prevost, Chairman and Founder of Liberum; Storm Boswick, Managing Director of Brightwood Capital and Emma Bailey, Director of the Investment Supervision and Policy Division at the Guernsey Financial Services Commission (GFSC).
Dominic Wheatley, Chief Executive of Guernsey Finance, said: "Given that both NPP and third country passporting look set to be available in relation to Guernsey Alterative Investment Funds and Alterative Investment Fund Managers for a period of at least three years after the activation of passporting, our masterclass will look to examine which regime will be the preferred option for fund managers operating in the EU. "It is clear that managers are eager to learn how ESMA's recommendation will impact the industry so our event comes at a very opportune time, particularly as the advice now sits with the European Parliament, the Council and the Commission for their consideration ahead of the activation of the relevant provision in the Directive to extend the passport."