Patrick Karb is Business Unit Manager at Bank of New York Mellon SA/NV in Frankfurt am Main. He has held this position since 2014. As Head of the Custody Unit, he is responsible for market data, valuations and funds accounting. Prior to joining BNY Mellon, Patrick held a similar position at Master KVG in Munich. He focuses specifically on investment sector regulation, particularly with regards to extended requirements for custodians and implementing adequate control procedures around the assessment of illiquid and complex products. In addition, his teams provide AIFMD-compliant services for the administration and handling of alternative investments, such as loans and credit funds.