Regulatory

AEOI

Foreign Account Tax Compliance Act (FATCA) & Common Reporting Standard (CRS): Our solution for FATCA/CRS compliance provides a complete lifecycle assessment to identify, manage, and report on the investor's FATCA/CRS status. We eliminate the guesswork in a highly complex regulation. With SS&C managing the entire process, managers can focus their efforts where they matter most.

AIFMD – Annex IV

• Alternative Investment Fund Managers Directive–EU.
• Governs alternative investment funds sold to European investors.

Basel III

• Regulatory framework on bank capital adequacy, including FRTB, credit capital, stress testing and market liquidity risk.
• Strengthens the requirements on banks' capital ratios, liquidity and risk mitigation.

CPO/PQR

Requires registered Commodity Pool Operators (CPOs) to report a wide range of data to the US Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA).

European Markets Infrastructure Regulation (EMIR)

Requires clearing of OTC derivatives with centralized clearing counterparties (CCPs) and reporting of all OTC and listed derivative transactions.

Form 13F

• US SEC reporting form filed by institutional investment managers pursuant to Section 13(f) of the Securities Exchange Act of 1934.
• Requires institutional investment managers with at least $100 million in qualifying securities to report within 45 days of each calendar quarter.

Form PF

• US SEC reporting form required of private funds, including hedge funds and private equity funds.
• Requires SEC-registered advisors with at least $150 million in private fund assets to report.
• Annual Hedge Fund Survey to all licensed hedge fund managers in Hong Kong.
• Completed by all licensed hedge fund managers and advisors.
• Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR).
• Mandates that all transactions in designated securities be reported daily, or no later than the close of the following workday.

OPERA

• Open Protocol Enabling Risk Aggregation (OPERA) is a private sector initiative that enables investors to aggregate risk characteristics of funds in which they invest.
• Covers asset exposure, counterparty risk and investor breakdown.

Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR)

Mandates that all transactions in designated securities be reported daily, or no later than the close of the following workday.

SEC Modernization: Forms N-LIQUID, N-PORT and N-CEN

• Requires registered investment companies to monitor their liquidity profile (Form N-LIQUID).
• Forms N-PORT and N-CEN replace Form N-Q and N-SAR covering general information about a fund, portfolio, risk and performance metrics.

Solvency II

EU regulation governing the amount of capital that European insurance companies must maintain to avoid insolvency.

TIC (Treasury International Capital) Reporting

• US regulation requiring financial institutions to report data on cross-border portfolio investment flows and positions between US and foreign residents.
• Data is used in the construction of the balance of payments accounts and in the formulation of U.S. international financial and monetary policies.

UCITS

• The “Undertaking of Collective Investment in Transferrable Securities” directive is aimed at creating a pan-European funds market with a defined level of investor protection.
• A post-trade UCITS compliance portal enables you to monitor your daily UCITS investment restrictions.