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VAT on Virtual and Online Programmes

VAT is applicable on virtual programmes to delegates attending from the UK*. If participating from the EU, a valid VAT number is required to ensure VAT will not be charged under the reverse charge mechanism. VAT is not applicable to attendees from all other countries.
*For virtual courses ran through our Asia office, VAT may be applicable to HK and Singapore residents only. Find out more by contacting learning@euromoney.com

 

Claiming Back Your VAT

All attendees of a London based course incur VAT as a part of the cost of attendance.

Euromoney Learning have partnered with VAT IT to allow you the unique opportunity to recoup the VAT incurred.

Using VAT IT's extensive experience and simple sign-up and refund process, every invoice can be turned into cash for your business.


Claim the VAT that's rightfully yours in four simple steps:

1. Register your interest

2. Sign a few simple documents

3. VAT IT processes your claim

4. Receive your refund




Why choose VAT IT 

VAT IT have spent two decades identifying, researching and perfecting the foreign VAT Reclaim process and built the best back end technology in the industry. By partnering with Euromoney Learning, we can provide you with a fast and effective way to reclaim your VAT which helps reduce the cost of your training.

VAT IT will charge a percentage of the VAT refund if/when it is successful. 


Can I claim back the VAT myself?

You can claim back VAT directly from the UK Tax Authority (HMRC) by completing the following form. 
For European clients, please refer to form VAT 65
All other clients, please refer to form VAT 65A.

 

You may also be able to claim back your VAT against courses taking place outside of the UK, and we would recommend contacting VAT IT, our specialist partner, to discuss how to do this.

Treasury Management Training Week

An in-depth look at the latest strategies & best practice in the Treasury Function
  • This course is designed for professionals in the Treasury department of a bank or a corporate along with Relationship Managers, Accountants, Risk Managers, Internal/External Auditors, Regulators, Operations Staff and other financial professionals. It will give these participants the best practice tools and approaches for Treasury management. The program will use lectures, real life case studies, computer simulations and workshops to give attendees the latest and most practical tools and techniques which they can apply in their organization to increase the effectiveness, efficiency and profitability.

    By the end of the 5-day program, you will know how to:

    • Identify the Activities of the Treasury Department
    • Identify the Best Practices of the Treasury function of a bank
    • Identify the Best Practices and Organisation of the Corporate Treasury function
    • Understand how the Treasury function funds the institution through money markets and capital market products
    • Understand and use interest rate derivative products like FRA, Interest rate swaps and caps/floors/swaptions
    • Understand and use foreign exchange products such as FX spot, FX forwards, cross-currency swaps, and currency options
    • Understand and use commodity derivative products
    • Structure and use the latest derivative products in exotic options such as average rate, basket, lookback etc.
    • Acquire a thorough understanding of the Global Financial System and its regulations
      Identify the best practices in managing Liquidity and Market Risk in Treasury



  • Day 1

    Explanation of the course team exercise – analyzing the impact of a new fund business proposal on the administration provider
    Introduction to Investment & Investment Funds


    • The investment environment today and key influences on investment
      - Brexit, US Presidential Election, Emerging markets etc
    • Types of fund – securities, alternative investment funds (property, hedge, private equity), other funds
    • The concepts of investment strategy and risks
    • Discussion of News items that might impact on investment and fund performance
    • Asset characteristics and asset allocation
      - Securities
      - Derivatives
      - Other types of assets
    • The regulatory environment for investment funds
      - Retail and non-retail funds
      - Regulated and unregulated funds
      - Examples of the regulatory environment

    Setting Up a Fund

    • Key stages and requirements in setting up a fund
      Key players and their roles
      - Promoters
      - Investment managers and advisers
      - Management companies
      - Governance
      - Secretary
      - Custodian/depositary
      - Administration
    • The Offering documents
    • Overnight Exercise – creating a portfolio and offering documents

    Day 2

    Discussion of news items and review of the Overnight Exercise
    Operation of the Fund – Overview


    • High level overview of the fund process

    Operation of the Fund – Part 1 -The transfer agency role

    • Dealing with investors
    • Offering documents
    • Subscription and redemption process
    • KYC and AML checks
    • Notifications
    • Potential problems

    Operation of a Fund – Part 2-operations team

    • Role of the operations team
    • Communication with the investment manager and broker/prime broker/advisers
    • Communications with the Custodian/Depositary
    • Communication with the valuation & accounting team
    • Stages in the portfolio process
      - Transaction capture
      - Validation
      - Posting
      - Reconciliations
      - Position management
      - Cash flows
      - Corporate actions
      - Margin calls
      - Collateral management
    • Potential problems

    Day 3

    Operation of the Fund – Part 3 Valuation and Accounting Team

    • Role of the valuations and accounting team
      - Easy and difficult to value assets
      - NAV structure, purpose and calculations
      - Creating the Pricing Policy
      - Pricing Errors and Problems
      - Fees
      - Initial Fees
      - Management Fees
      - Service Fees
      - Performance Fees and Carried Interest
      - Equilisation
      - Accruals – expenses and income
    • Bookkeeping
      - Accounting Principles
      - General Ledger
      - Tax – including withholding tax (WHT)
      - Financial statements and management reporting

    Operation of the Fund – Part 4 Risk and Compliance

    • Role of Compliance – in the fund
      - Regulatory
      - Internal policies
    • Role of compliance in fund administration
      - Regulatory
      - Internal policies
      - Service provision
    • Procedure documentation and audit trails
    • Role of risk management for the fund and administrator
      - Market risk
      - Counterparty/credit risk
      - Operational risk
      - Risk management frameworks
      - Identifying risk
      - Measuring risk
      - Control framework
      - KRIs & KPIs
      - Structure of a risk event
      - Managing a risk event
      - Problems and impacts

    Closing exercise – presenting the analysis of the impact of a new fund business proposal on the administration provider 

     

  • Our Tailored Learning Offering

    Do you have five or more people interested in attending this course? Do you want to tailor it to meet your company’s exact requirements? If you’d like to do either of these, we can bring this course to your company’s office. You could even save up to 50% on the cost of sending delegates to a public course and dramatically increase your ROI.

    If you want to run this course at a location convenient to you or if you want a completely customised learning solution, we can help.

    We produce learning solutions that are completely unique to your business. We’ll guide you through the whole process, from the initial consultancy to evaluating the success of the full learning experience. Our learning specialists ensure you get the maximum return on your training investment.

  • We have a combined experience of over 60 years providing learning solutions to the world’s major organisations and are privileged to have contributed to their success. We view our clients as partners and focus on understanding the needs of each organisation we work with to tailor learning solutions to specific requirements.

    We are proud of our record of customer satisfaction. Here is why you should choose us to help you achieve your goals and accelerate your career:

    • Quality – our clients consistently rate our performance ‘excellent’ or ‘outstanding’. Our average overall score awarded to us by our clients is nine out of ten.
    • Track record – 10/10 of the world’s largest banks have chosen us as there training provider and we have delivered training across the largest banks and have trained over 25,000 professionals.
    • Knowledge – our 100+ strong team of industry specialist trainers are world leading financial leaders and commentators, ensuring our knowledge base is second to none.
    • Reliability – if we promise it, we deliver it. We have delivered over 25,000 events both in person and online, using simultaneous translation to delegates from over 99 countries.
    • Recognition – we are accredited by the British Accreditation Council and the CPD Certification Service. In an independent review by Feefo we scored 4.2/5 on service and 4.7/5 on Coursecheck
This course can be run as an In-house or Tailored Learning programme

Instructor

  • David Loader

    Biography

    The course director has been involved in the financial markets for over 30 years during which time he has worked in a variety of roles within fund management, operations, and investment banking.His experience covers both front office and operations functions, having held positions as Director of S.G.Warburg Securities Ltd, Operations Director of Warburg Futures & Options Ltd and Director Exchange Traded Derivatives at SBC. He now specialises in training and consultancy in the area of fund administration and operations, settlement, custody, operational risk and subjects related to securities and derivatives trading and investment.David works with clients in the United Kingdom and Channel Islands as well as internationally in Singapore, Malaysia, Belgium, France, The Netherlands, Austria, Germany, Gibraltar, Malta, Cyprus, Monaco, Lebanon, Abu Dhabi, Kuwait, Dubai, Bermuda, Panama, India, Mauritius, The Seychelles, Switzerland, USA, India, Australia and Ireland.He is also the author of many finance and investment textbooks published by Wiley, Elsevier and The Securities & Investment Institute. He is a member of Worshipful Company of International Bankers, The Securities and Investment Institute and the Institute of Directors.