Ongoing monitoring and distributor KPIs: a markets perspective
In today's complex regulatory landscape, achieving efficient and accurate reporting from global intermediaries can be challenging—especially without standardised data-sharing practices. At Clearstream, we understand the importance of ongoing monitoring and KPI’s as part of contractual obligations and regulatory requirements.
Why KPIS matter? |
Industry advancements |
Awareness |
| Navigating regulatory challenges, like CSSF Circular 18/698, may seem daunting at first. However, these regulations present an opportunity to enhance your compliance frameworks. By adopting efficient, risk-based approaches tailored to actual risk exposures, you can avoid overburdening your business while effectively fulfilling regulatory requirements. | Although there is no clear prescription of the form or frequency of these KPIs, industry players are making strides. Initiatives like the Findel Group in December 2022 and the industry-driven KPI Working Group for Distribution Oversight in March 2022 are working towards standardised KPI templates. | On the distributor side, awareness about the importance of regular KPIs for asset managers and management companies (ManCo) is still growing. In Luxembourg, compliance with CSSF 18/698 is becoming increasingly evident, with KPIs now being a significant part of the CSSF agenda, especially during onsite inspections. |
Watch the replays |
Clearstream has been at the forefront of these efforts. We hosted specialised webinars in May and October 2024. |
Webinar: Understanding KPIs in Fund DistributionDownload the replay |
Webinar: Mastering ongoing monitoring of distribution networkDownload the replay |
In this webinar, Rolf Bachner, COO of ume, Alicja Biren, Head of Oversight of Delegates of Generali, and Luca Bruni, Head of Distribution Oversight of Clearstream Fund Services, will explore KPIs: what they are, why they matter, and how they impact our industry. | In this webinar Camilla Lindberg, Chair of the ALFI Distribution & Marketing Working Group, Mario Mantrisi, Strategy Director at KNEIP, Gianfranco Mei, Advisory Leader and Member of the Executive Committee at Forvis Mazars Luxembourg, Sam MacKenzie, Head of Distribution Governance & Oversight in abrdn Investments and Luca Bruni, Head of Distribution Oversight at Clearstream Fund Services, will explore the ongoing monitoring of distributors — a regulatory obligation for Asset Managers and Management Companies domiciled in Luxembourg as per CSSF 18/698 Circular — and discuss recent developments in this area, effective monitoring methods, and the existing challenges linked to it. |
Join our efforts |
Our commitment continues with a white paper providing insights and guidance on effective monitoring of distribution networks. We’re excited to offer you an exclusive preview of our upcoming white paper, due for publication in April 2025.
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We'd love to hear from you
distribution-oversight@clearstream.com