As detailed in April in the Front Page, CESR have issued their Consultation Paper on Risk Measurement and the calculation of Global Exposure and Counterparty Risk for UCITS. As the focus of the consultation is directed at those who carry out risk measurement and risk management, the Irish Funds Industry Association ( IFIA) propose to schedule an information meeting in London on Monday 24th May and have confirmed that Grellan O'Kelly from the Financial Regulator, who sits on the CESR working group which prepared the paper, will participate and give a presentation on the Consultation Paper and the work of CESR generally, with the presentation being followed by a Q & A. The meeting will commence at 12.45 and should be finished by 2.00pm. Please let us know if you would be interested in learning more or in attending by e-mailing FundsGroup@algoodbody.com.or by letting your usual contact in the A&L Goodbody Funds team know. The venue has not yet been confirmed and availability could be limited, so please do let us hear from you as soon as practicable.