KPMG , Head of Asset Management, Regulatory Change
Julie has been a specialist in the asset management and funds sector for over 20 years. She leads on asset management regulatory change within KPMG’s FS Risk & Regulatory Insight Centre, EMA which provide knowledge-based analysis of regulatory proposals in the pipeline and of the evolving political and regulatory context. The Centre publishes thought leadership pieces to inform discussions with top management at client firms. Julie is also global lead on Brexit for the sector.
Prior to joining KPMG, Julie worked for 14 years at the Bank of England, briefly at the FSA (now the FCA) and then for 15 years at the UK’s Investment Management Association (now the IA).
On the creation of the IMA in 2002, Julie established the regulatory function, covering investment management regulation, buy-side dealing, segregated mandates, capital requirements and operations. In the last few years, she focussed on directing IMA’s work across all aspects of collective investment funds – product regulation, distribution, fund administration and financial reporting, tax and legal.
Julie led the IMA’s lobbying work on many areas of EU draft regulation and sought to inform and influence EU officials, including MEPs, before drafts were issued. She has extensive knowledge of the EU regulatory process and of the role of the European Supervisory Authorities and other key EU bodies. Also, through many years of working with the European Federation (EFAMA), she continues to be involved in lobbying activities at an EU industry level. On occasion, senior EU officials approach her direct to seek her view.
Most recently, she co-authored the report for the Commission on the AIFMD, which required close working with officials in the EC Asset Management Unit, who were especially complimentary about the report.