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, due for publication in April 2025. |
We'd love to hear from you
distribution-oversight@clearstream.com