Sênachê Consulting

For the ultimate benefit
of society

Accuracy, Flexibility,
Excellence

Since 2021, we leverage our expertise in Governance, Risk Management and Compliance & AML/CFT to assist Investment Fund Managers at all levels (Operational team support, RC mandate, Conducting Officer mandate, Independent Non-Executive Director mandate).

Since 2021, we leverage our expertise in Governance, Risk Management and Compliance & AML/CFT to assist Investment Fund Managers at all levels (Operational team support, RC mandate, Conducting Officer mandate, Independent Non-Executive Director mandate).

What we do

GRC : our three functions for serving Asset Managers

We assist you facing current and futures challenges

 

Governance

We thrive for Value creation and avoid value destruction. Within the Collective knowledge of the Board, we oversee the authorised management and the framework by which Investments Funds and/or IFMs are directed and controlled.

What we offer

  • Independent Non-Executive Director mandates for regulated and non-regulated Investment Funds and Investment Fund Managers.
  •  

For an Investment Fund Board mandate:

  • Choose and appoint the ManCo/AIFM, the depositary, the auditor and establish the delegation scheme based on Fund strategy;
  • Review and approve investment risk profiles, policies and restrictions, regulatory and commercial documents (prospectus/offering documents, KIIDs/PRIIPS KID, RC reports, etc.);
  • Ensure compliance with Fund product law, regulatory requirements and Fund statutory documents;
  • Etc.

For an Investment Fund Manager Board mandate:

  • Establishment and follow-up of the Risk Appetite Statement and Framework;
  • Ensure proper corporate governance (Board composition, Board committees, Management Committee, etc) and follow-up of the regulatory reporting calendar;
  • Select/Retain key people and put in place robust control functions : Risk Management, Compliance & AML (incl. oversee of the Sustainability and Technological & Artifical Intelligence risks), Internal Audit;
  • Oversight of the IFM functions (Portfolio Management, Valuation, Administration, etc.) and Cross border activities;
  • Etc.

Risk Management

For both liquid and illiquid strategies, we Identify, Measure, Manage, Monitor and Report the financial (market, credit, counterparty, liquidity) and non financial (operational, sustainability (incl. physical and transition)) risks.

What we offer

  • Risk Management operational support for both liquid and illiquid strategies;
  • Risk Management function mandate;
  • Risk Conducting Officer mandate.
  • Review and monitoring of the Market risk (VaR/Commitment, Backtesting, Stress testing for liquid funds and monitoring of market risk specifics at fund and investment level for illiquid funds;
  • Review of Credit, Counterparty risk (incl. EMIR requirements), Leverage and Concentration risks;
  • Liquidity Risk Monitoring (incl. Liquidity stress testing) of asset side, liability side, and integration of both for liquid funds; and liquidity monitoring through the (i.) launch, (ii.) life and (iii.) wind-down phases of illiquid funds;
  • Operational Risk monitoring (people, process, systems and events) for the Funds and at the IFM level;
  • Valuation and Pricing Risk Monitoring;
  • Sustainability (incl. Physical and Transition) risks monitoring;
  • Technological and Artificial Intelligence Risks monitoring;
  • Senior Management, BoD and Regulatory reporting through Management Information Systems and regulatory tools;
  • Fund Risk profile design and review;
  • Drafting/ Review of Risk Management Policy and Procedures;
  • Etc.

Compliance & AML/CFT

For ensuring compliance to the regulatory requirements and to the statutory requirements of our clients, we anticipate, identify, assess and mitigate the compliance & AML/CFT risks (reputational, legal, dispute, sanctions, operational).

What we offer

  • RC mandate;
  • Compliance Officer operational support;
  • Compliance Officer mandate;
  • Compliance Conducting Officer mandate.
  • Draft/Review policies and procedures (Risk Appetite Statement, Compliance Charter, Customer Acceptance Policy, Risk Based Approach, Due Diligence on assets/investors/other counterparties, etc.);
  • AML/CFT screening and monitoring for clients and transactions including:
    • Submission of Suspicious Activity Reports and Suspicious Transactions Reports to the Financial Intelligence Unit;
    • Information to the Ministry of Finance (and the CSSF/AED) in case of Targeted Financial Sanctions;
  • Handling and preparing answers to questions from the regulator (AED, CSSF, FIU, Ministry of Finance);
  • Compliance Monitoring Plan follow-up;
  • Separate AML and CFT risk assessment scorecards;
  • Staff training;
  • Production of  regular compliance reports (SRRC, RC reports, AED questionnaires, etc.) for the Senior Management, the Governing Body and the Regulator;
  • Oversight of delegates and service providers ensuring accuracy, completeness and timeliness;
  • Etc.

Considering the lack of talent and the ever-changing regulatory landscape, we leverage our expertise in Governance, Risk Management and Compliance & AML/CFT to ensure the robustness of Investment Fund Managers.

 

What we do

 

GRC : our three functions for serving Asset Managers

We assist you facing current and futures challenges

 

Governance

We thrive for Value creation and avoid value destruction. Within the Collective knowledge of the Board, we oversee the authorised management and the framework by which Investments Funds and/or IFMs are directed and controlled.

What we offer

  • Independent Non-Executive Director mandates for regulated and non-regulated Investment Funds and Investment Fund Managers.
  •  

For an Investment Fund Board mandate:

  • Choose and appoint the ManCo/AIFM, the depositary, the auditor and establish the delegation scheme based on Fund strategy;
  • Review and approve investment risk profiles, policies and restrictions, regulatory and commercial documents (prospectus/offering documents, KIIDs/PRIIPS KID, RC reports, etc.);
  • Ensure compliance with Fund product law, regulatory requirements and Fund statutory documents;
  • Etc.

For an Investment Fund Manager Board mandate:

  • Establishment and follow-up of the Risk Appetite Statement and Framework;
  • Ensure proper corporate governance (Board composition, Board committees, Management Committee, etc) and follow-up of the regulatory reporting calendar;
  • Select/Retain key people and put in place robust control functions : Risk Management, Compliance & AML (incl. oversee of the Sustainability and Technological & Artifical Intelligence risks), Internal Audit;
  • Oversight of the IFM functions (Portfolio Management, Valuation, Administration, etc.) and Cross border activities;
  • Etc.

Risk Management

For both liquid and illiquid strategies, we Identify, Measure, Manage, Monitor and Report the financial (market, credit, counterparty, liquidity) and non financial (operational, sustainability (incl. physical and transition)) risks.

What we offer

  • Risk Management operational support for both liquid and illiquid strategies;
  • Risk Management function mandate;
  • Risk Conducting Officer mandate.
  • Review and monitoring of the Market risk (VaR/Commitment, Backtesting, Stress testing for liquid funds and monitoring of market risk specifics at fund and investment level for illiquid funds;
  • Review of Credit, Counterparty risk (incl. EMIR requirements), Leverage and Concentration risks;
  • Liquidity Risk Monitoring (incl. Liquidity stress testing) of asset side, liability side, and integration of both for liquid funds; and liquidity monitoring through the (i.) launch, (ii.) life and (iii.) wind-down phases of illiquid funds;
  • Operational Risk monitoring (people, process, systems and events) for the Funds and at the IFM level;
  • Valuation and Pricing Risk Monitoring;
  • Sustainability (incl. Physical and Transition) risks monitoring;
  • Technological and Artificial Intelligence Risks monitoring;
  • Senior Management, BoD and Regulatory reporting through Management Information Systems and regulatory tools;
  • Fund Risk profile design and review;
  • Drafting/ Review of Risk Management Policy and Procedures;
  • Etc.

Compliance & AML/CFT

For ensuring compliance to the regulatory requirements and to the statutory requirements of our clients, we anticipate, identify, assess and mitigate the compliance & AML/CFT risks (reputational, legal, dispute, sanctions, operational).

What we offer

  • RC mandate;
  • Compliance Officer operational support;
  • Compliance Officer mandate;
  • Compliance Conducting Officer mandate.
  • Draft/Review policies and procedures (Risk Appetite Statement, Compliance Charter, Customer Acceptance Policy, Risk Based Approach, Due Diligence on assets/investors/other counterparties, etc.);
  • AML/CFT screening and monitoring for clients and transactions including:
    • Submission of Suspicious Activity Reports and Suspicious Transactions Reports to the Financial Intelligence Unit;
    • Information to the Ministry of Finance (and the CSSF/AED) in case of Targeted Financial Sanctions;
  • Handling and preparing answers to questions from the regulator (AED, CSSF, FIU, Ministry of Finance);
  • Compliance Monitoring Plan follow-up;
  • Separate AML and CFT risk assessment scorecards;
  • Staff training;
  • Production of  regular compliance reports (SRRC, RC reports, AED questionnaires, etc.) for the Senior Management, the Governing Body and the Regulator;
  • Oversight of delegates and service providers ensuring accuracy, completeness and timeliness;
  • Etc.

Considering the lack of talent and the ever-changing regulatory landscape, we leverage our expertise in Governance, Risk Management and Compliance & AML/CFT to ensure the robustness of Investment Fund Managers.

 

Our clients

 

By contributing to their robustness, we benefit our clients and, ultimately, society.

This is a non-exhaustive list of clients.

Our clients

 

By contributing to their robustness, we benefit our clients and, ultimately, society.

This is a non-exhaustive list of clients.

Our contribution

 

Through our membership in key financial associations and involvement in their committees, we maintain a permanent connection with industry experts, contributing to the elevation of financial industry standards.

Association of the Luxembourg Fund Industry

Our contribution

 

Through our membership in key financial associations and involvement in their committees, we maintain a permanent connection with industry experts, contributing to the elevation of financial industry standards.

Association of the Luxembourg Fund Industry

Collaborate is also contributing to others

In Luxembourg

fondatioun
Université du Luxembourg
handicap international
Care
deierenasyl

In Luxembourg, 1% of the total invoiced amount for a collaboration between us will be granted to a Luxembourgish association of your choice among the 5 aforementioned associations we are supporting. This will allow us to contribute together to our society while we are assisting you at the same time

In France

 
Petits Princes
france alzheimer
ligue-cancer
Médecins sans frontières
30 millions d'amis

In France, 1% of the total invoiced amount for a collaboration between us will be granted to a French association of your choice among the 5 aforementioned associations we are supporting. This will allow us to contribute together to our society while we are assisting you at the same time.

Collaborate is also contributing to others

In Luxembourg

fondatioun
Université du Luxembourg
handicap international
Care
deierenasyl

In Luxembourg, 1% of the total invoiced amount for a collaboration between us will be granted to a Luxembourgish association of your choice among the 5 aforementioned associations we are supporting. This will allow us to contribute together to our society while we are assisting you at the same time

In France

 
Petits Princes
france alzheimer
ligue-cancer
Médecins sans frontières
30 millions d'amis

In France, 1% of the total invoiced amount for a collaboration between us will be granted to a French association of your choice among the 5 aforementioned associations we are supporting. This will allow us to contribute together to our society while we are assisting you at the same time.

Our founder

 

Daniel Cakpo-Tozo, FRM, GFR, RC

Advisor | Independent Non-Executive Director

Daniel is a Trusted Advisor with 10+ years of experience in Fund Governance, Risk Management and Compliance & AML/CFT.
In 2021, he has founded Sênachê Consulting that delivers Operational team support assignments and take RC, Conducting Officer, and/or Independent Non-Executive Director mandates for assisting IFMs (AIFM, UCITS, Super ManCo, ManCo+) and the UCITS and Alternative Investment Funds (SCSp/SCS, RAIF, SIF, SICAR, Part II UCI, EuVECA, EuSEF, ELTIF) they manage.

Before launching Sênachê Consulting, Daniel worked, inter alia, as Manager at KPMG Luxembourg where he delivered Interim Conducting Officers assignments and a range of Asset Management regulatory consulting assignments (AIFM licence extension, oversight framework set-ups, etc.).
Prior to that, Daniel was a Senior Consultant at PwC Luxembourg where he drafted and reviewed Risk Management Processes & Policies for both UCITS and AIFMs, delivered independent review of VaR models assignments for UCITS, ensure AIFMD reporting for a wide range of authorised AIFMs and give trainings on Market Abuse Directive and Market Abuse Regulation (MAD, MAR & CSMAD).

Daniel holds both a Master in Risk Management and a Research Master in Economics and he has obtained different certifications in (i.) Governance (Fund Governance Diploma, Certified ILA Bootcamp on Luxembourg Corporate Governance), in (ii.) Risk Management (FRM, GFR), and in (iii.) Compliance & AML/CFT (RC, M1 & M2, AML).

Our founder

 

Daniel Cakpo-Tozo, FRM, GFR, RC

Advisor | Independent Non-Executive Director

Daniel is a Trusted Advisor with 10+ years of experience in Fund Governance, Risk Management and Compliance & AML/CFT.
In 2021, he has founded Sênachê Consulting that delivers Operational team support assignments and take RC, Conducting Officer, and/or Independent Non-Executive Director mandates for assisting IFMs (AIFM, UCITS, Super ManCo, ManCo+) and the UCITS and Alternative Investment Funds (SCSp/SCS, RAIF, SIF, SICAR, Part II UCI, EuVECA, EuSEF, ELTIF) they manage.

Before launching Sênachê Consulting, Daniel worked, inter alia, as Manager at KPMG Luxembourg where he delivered Interim Conducting Officers assignments and a range of Asset Management regulatory consulting assignments (AIFM licence extension, oversight framework set-ups, etc.).
Prior to that, Daniel was a Senior Consultant at PwC Luxembourg where he drafted and reviewed Risk Management Processes & Policies for both UCITS and AIFMs, delivered independent review of VaR models assignments for UCITS, ensure AIFMD reporting for a wide range of authorised AIFMs and give trainings on Market Abuse Directive and Market Abuse Regulation (MAD, MAR & CSMAD).

Daniel holds both a Master in Risk Management and a Research Master in Economics and he has obtained different certifications in (i.) Governance (Fund Governance Diploma, Certified ILA Bootcamp on Luxembourg Corporate Governance), in (ii.) Risk Management (FRM, GFR), and in (iii.) Compliance & AML/CFT (RC, M1 & M2, AML).

Contact

 

Luxembourg

16, avenue Pasteur
L-2310 Luxembourg

Tél : +352 691 361 195

France

1, rue du XXe Corps Américain
57000 Metz

Tél : +33 6 67 57 98 99

Contact

 

Luxembourg

16, avenue Pasteur
L-2310 Luxembourg

Tél : +352 691 361 195

France

1, rue du XXe Corps Américain
57000 Metz

Tél : +33 6 67 57 98 99