Regulatory & Compliance
OPERA
In line with greater demands for investor transparency and risk disclosure, our integrated systems are aligned and consistent with the private sector OPERA initiative.
OVERVIEW
Improved risk disclosure and transparency has become a priority for investors and regulators. The Open Protocol Enabling Risk Aggregation (OPERA) is a private sector initiative intended to promote transparency by providing a uniform framework with consistent data inputs, standard calculation methodologies and regular and timely reporting.
The Maples Group offers an integrated solution that provides managers and investors with an investor transparency report that is aligned and consistent with the Open Protocol scheme. Specific services include:
- Aggregating requisite data and applying calculations specific to Open Protocol definitions to allow for the generation of reports at any of the of three different levels of information;
- Liaising with the manager to confirm mappings for new positions held in the portfolios; and
- Providing reports on a monthly, quarterly or annual basis as required.
Related Contacts
KNOWLEDGE
- What Private Equity Managers Need to Know to File a Cayman Islands Fund Annual Return 11 April 2022
- The Regulatory 1515 February 2022 15 February 2022
- Cayman Islands Update: Economic Substance Reporting for an Entity Tax Resident in Another Jurisdiction 08 December 2021
- Cayman Islands Economic Substance Requirements for Discretionary Investment Managers 30 November 2021
- Cayman Islands Update: Economic Substance Reporting Deadlines 01 November 2021
NEWS & DEALS
- 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
- Maples Group Continues Jersey Office Expansion with Additions to Fiduciary Services Team 27 January 2021