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 Islands Update: AML Amendment Regulations 2024 03 May 2024
- Cayman Islands Update: CRS Reporting Requirements 09 April 2024
- Russia Sanctions Update New Divestment Licensing Ground 22 March 2024
- Cayman Islands Update: Upcoming Fundamental Changes to Beneficial Ownership Regime 12 March 2024
- UK Director Verification Measures Target Financial Fraud 13 February 2024
NEWS & DEALS
- Maples Group Receives Continued Recognition for Information Security Management with ISO 27001 Certification 01 May 2024
- Maples Group Moves to New London Office with a focus on Clients, People and Collaboration 24 April 2024
- Maples Group Welcomes Blessing Buraimoh as First Global Diversity, Equity and Inclusion Lead 14 March 2024
- Maples Group Welcomes New Head of Fiduciary Services – Luxembourg 05 December 2022
- Maples Group Achieves ISO 27001 Certification 28 April 2022