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.
KNOWLEDGE
- Black Swan Flies Again – New BVI Legislation Confirms Availability of Free-Standing Interim Relief 08 February 2021
- Cayman Islands Update: Virtual Asset Service Provider Regime 27 January 2021
- The Regulatory 15/15: January 2021 15 January 2021
- EU Regulator Warning on Post Brexit Financial Services EU Access 14 January 2021
- Cayman Islands Update: Additional Updates on AEOI and the DITC Portal 05 November 2020
NEWS & DEALS
- Maples Group Continues Jersey Office Expansion with Additions to Fiduciary Services Team 27 January 2021
- Maples Group Strengthens Financial Services Regulatory Practice with New Partner Hire 13 January 2021
- COVID-19 What is Maples Group doing 20 March 2020
- The Maples Group Celebrates 2000 Employee Milestone 14 November 2019
- Maples Group Expands Leading Regulatory Expertise 26 September 2019