The SEC and CFTCโs extended compliance date (June 12, 2025) for the recent Form PF amendments is now only one month away.
This extension provided additional time for private fund advisers to implement the necessary operational and technological changes required under the updated Form PF reporting framework.
๐๐ฒ๐ ๐๐ต๐ฎ๐ป๐ด๐ฒ๐ ๐๐ผ ๐๐ผ๐ฟ๐บ ๐ฃ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐๐ถ๐ป๐ด:
๐ซ๐ ๐ ๐ฆ๐ฐ๐ต๐ฒ๐บ๐ฎ ๐จ๐ฝ๐ฑ๐ฎ๐๐ฒ๐:
โข These updates include structural changes to accommodate new data elements and reporting requirements.
โข Advisers must ensure their systems are compatible with the latest schema to avoid submission errors.
โข The final XML schema is available.
๐๐
๐ฝ๐ฎ๐ป๐ฑ๐ฒ๐ฑ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐๐ถ๐ป๐ด ๐ฅ๐ฒ๐พ๐๐ถ๐ฟ๐ฒ๐บ๐ฒ๐ป๐๐:
โข Advisers must report additional information, including detailed exposure metrics, performance data, and financial conditions of private funds.
โข The updates aim to enhance transparency and provide regulators with more comprehensive data on private fund activities.
๐๐ฐ๐๐ถ๐ผ๐ป ๐ฆ๐๐ฒ๐ฝ๐:
โข ๐จ๐ป๐ฑ๐ฒ๐ฟ๐๐๐ฎ๐ป๐ฑ ๐๐ต๐ฒ ๐ก๐ฒ๐ ๐ฅ๐ฒ๐พ๐๐ถ๐ฟ๐ฒ๐บ๐ฒ๐ป๐๐: While you can download and review the updated XML schema and sample files, navigating the technical and regulatory nuances can be complex. We’re here to help simplify that process.
โข ๐๐๐ฎ๐น๐๐ฎ๐๐ฒ ๐๐ฎ๐๐ฎ ๐ฅ๐ฒ๐ฎ๐ฑ๐ถ๐ป๐ฒ๐๐: Confirm that your internal systems can provide the required data. If you’re unsure, we can assess your readiness and help streamline data collection and transformation.
โข ๐๐๐ผ๐ถ๐ฑ ๐๐ป-๐๐ผ๐๐๐ฒ ๐ฆ๐๐๐๐ฒ๐บ ๐ข๐๐ฒ๐ฟ๐ต๐ฎ๐๐น๐: By leveraging our platform, which is already built and tested for the new schema and filing requirements, you can avoid allocating time and resources to update your internal reporting infrastructure.
โข ๐๐ฒ๐ ๐จ๐ ๐๐ผ ๐๐ต๐ฒ ๐๐ฒ๐ฎ๐๐ ๐๐ถ๐ณ๐๐ถ๐ป๐ด ๐ผ๐ป ๐ง๐ฒ๐๐๐ถ๐ป๐ด: Weโve already run extensive validations against the June 2025 schema. Partnering with us means skipping the trial-and-error phase and reducing filing risk.
โข ๐ฆ๐๐ฎ๐ ๐๐ต๐ฒ๐ฎ๐ฑ ๐ผ๐ณ ๐๐ต๐ฎ๐ป๐ด๐ฒ๐: Our team actively monitors regulatory updates and implements them into our platform, ensuring you’re always one step ahead of compliance deadlines.
Want to be ready? Contact us for detailed information and resources to support you.
