Regulatory & Compliance
Form PF
Private fund advisors required to report assets to the Financial Stability Oversight Council welcome our fully integrated technology based solution that assists with calculations, verification and data storage.
OVERVIEW
Form PF is a US Securities and Exchange Commission regulatory filing requirement that mandates private fund advisers report regulatory assets under management to the Financial Stability Oversight Council, in order to monitor risks to the US financial system. Form PF affects SEC-registered managers of private equity funds, real estate funds, hedge funds and liquidity funds with at least US$150 million in private fund assets.
The Maples Group provides an integrated operational and technological solution that assists in data identification, aggregation, calculation, verification and storage. Through a secure online portal, data is populated into the Form PF template for review and validation by the manager prior to submission at least annually and often quarterly for larger fund managers. Specific services include:
- Aggregating data to produce the required reporting for relevant sections of Form PF;
- Performing risk calculations required for Form PF reports that are not available from data sources;
- Ensuring data is accurate and consistent with all other regulatory filings and information;
- Liaising with the manager to confirm mappings for new positions held in the portfolios and providing an interface for review, approval and submission of Form PF; and
- Storing submissions, filings and provide audit trailing for future reference related to Form PF.
Related Contacts
KNOWLEDGE
- Cayman AEOI: What Investment Managers Need to Know about FATCA and CRS Reporting 17 May 2023
- Winner Takes All: Costs Ruling in the FGL Holdings s.238 Appraisal Action 12 May 2023
- What Private Equity Managers Need to Know to File a Cayman Islands Fund Annual Return 11 April 2023
- The Regulatory 15/15: January 2023 13 January 2023
- The Regulatory 15/15: Holiday Break 15 December 2022
NEWS & DEALS
- Maples Group Welcomes New Head of Fiduciary Services – Luxembourg 05 December 2022
- Maples Group Achieves ISO 27001 Certification 28 April 2022
- Maples Group Supports Faros VCC 25 April 2022
- The Maples Group Recognised at US Alt Credit Performance & Services Awards 11 November 2021
- Maples Group Supports Falko on Inaugural ABS Transaction 28 April 2021