Yesterday, FinDatEx published the new EMT v4.2. The new version includes additional fields concerning further details of ongoing costs for the UK market. The reason for this update is a statement from the FCA from November 2023. In this statement, the FCA expresses their concerns about cost disclosures by funds Read more…
Last week the European Parliament voted on the proposal for the modernisation of the key information document. This means significant changes in the PRIIPs KIDs regulation are on their way. The main target of the regulators is to strengthen the comparability between different products for retail investors as well as Read more…
We’re very happy to announce that iQuant is now an official sponsor of Friend of Funds! It was great seeing our logo on the sponsors’ billboard. The forum Friends of Funds, founded in 2003, is an independent networking and information exchange platform for the Swiss fund industry. At its core, Read more…
It is commonly known that the UCITS KIIDs need to be updated every year within the first 35 business years of every new year. Last year the PRIIPs KID replaced the UCITS KIID, but same as before, also the PRIIPs KID needs an annual update according to the regulation. There Read more…
Last week ESMA published an update on the proposed guidelines on funds’ names using ESG or sustainability-related terms. The goal of this upcoming regulation is to further avoid greenwashing of fund investments. As many funds are using ESG-related fund names, the regulators aim to provide clear rules for the usage Read more…
Today FinDatEx published the new EET 1.1.2. The new template is not a major update as the versioning number already indicates. This means, that there are no structural changes. Overall, there are several corrections of typos and the transitional scope 12 fields have been changed from “Mandatory/Conditional” to “Optional”, which Read more…
Last week the ESAs published the latest “Joint ESAs Final Report on RTS under SFDR”. It discusses significant changes proposed to the Sustainable Finance Disclosure Regulation (SFDR) level 2 Regulatory Technical Standards (RTS). The major changes in the proposed RTS are as follows: Principal Adverse Impact (PAI) Indicators: There have Read more…
After the 2008 financial crisis, where ABS securitisations had a major impact on the market downturns, several new regulations were implemented to avoid unpredictable risks. Overall, this led to significant volume drops in the securitisation market. With the first introduction of Solvency II, the regulation divided securitisations into 3 categories Read more…
The SEC has recently published new rules and amendments under the Investment Advisers Act of 1940 (Advisers Act) for registered private fund advisors that going forward are required to: Provide quarterly reports containing detailed information about performance, fees and expenses Conduct an annual audit for each private fund Obtain a Read more…
Infrastructure investments have become an increasingly attractive asset class for insurance companies operating under the Solvency II regulation. Solvency II, implemented in 2016, aims to standardize and strengthen the regulation of insurance and reinsurance companies within the European Union (EU). It introduced a risk-based approach, emphasizing the need for insurers Read more…
Solvency II is a comprehensive regulatory framework that governs insurance and reinsurance companies operating within the European Union (EU). After several years of discussions, it came finally into force in January 2016 with the aim of better protection of policyholders and beneficiaries. This was necessary because of the impacts of Read more…
We are happy to announce that iQuant now also provides a reporting solution for Form PF. Besides AIFMD and Open Protocol (OP), this is another important step on our journey as a full-service provider of data automation and reporting solutions for AIFs, Hedge Funds and Liquid Alternatives. Form PF (Private Read more…
On May 3rd the SEC published new amendments to the Form PF regulation, the US counterpart of AIFMD in Europe. Those amendments mainly concern the reporting frequency of large hedge fund advisers (> $ 1.5 bn), private equity fund advisers (> $ 150 mil) as well as large private equity Read more…
Yesterday the Standard Board for Alternative Investments (SBai) published the latest amendments to reporting stress test results for the Open Protocol (OP) Risk Reporting Template. The reason for this change is the amended SEC Rule 206(4)-1, also called the “Marketing Rule”, which prohibits the presentation of gross performance in any Read more…