MoneyWare FundWare initiates development of Global Regulatory Investment Disclosures
Fund managers across the globe have other global regulatory investment disclosures (GRID)
that have to be addressed and actively monitored against. These include major
shareholdings rules, takeover and acquisition rules, global short selling rules,
foreign investment limits, and sensitive sector rules of 50 countries. In order to
comply with the regulatory norms followed by fund managers across Europe, MoneyWare
FundWare has initiated development of GRID.
MoneyWare FundWare is a sophisticated, flexible technology solution that seamlessly
integrates and automates the asset management lifecycle.
Features
- All rules pre-coded, with full documentation and tracking – 50 countries & 280 rules
- Look through of Index derivatives, ETFs etc
- Accurate calculation of derivatives exposures
- Flexible aggregation of holdings at Group / Investment Manager etc
- Tracking, maintenance and automated upload of data lists
- Short selling lists, Rule 8 takeover list, 13F securities etc.
| Standard Compliance Monitoring Systems |
GRID Solution - incremental rules monitoring |
| Incidents are identified on days 11 to 40 - for each day on which there is a limit excess above 5% |
Only 3 incidents are identified on Day 11, day 31 and day 41. |
| There is a single (breech) identifier for this Incident |
Each limit excess has its own identifier - for use in workflow, reporting, linking to reports etc |
| There is one set of data / workflow covering the accident |
Each incident has its own set of data / workflow |
| Where it falls beyond 5% the incident is closed and ceases to show, without identifying disclosure requirement |
An incident would also be recorded if it falls below the 5% |
| M.I. would report this as being one continous incident |
This would be recorded as 3 Incidents in M.I. |
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MoneyWare FundWare will support comprehensive monitoring capabilities for global regulatory investment disclosures for over 50 countries. It Includes compliance for the following:
- European Union Transparency Directive limits
- Reporting for U.S. Section 13D, 13G and 13F
- Global short selling rules
- Takeover disclosure rules such as UK Takeover Rule 8
- Foreign investment limits
- Sensitive sector rules
| EUROPE |
Romania |
South Korea |
| Austria |
Russia |
Taiwan |
| Belgium |
Slovakia |
Thailand |
| Croatia |
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Japan |
| Czech Republic |
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Indonesia |
| Denmark |
AMERICAS |
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| Finland |
Argentina |
MIDDLE EAST & AFRICA |
| France |
Brazil |
Bahrain |
| Germany |
Canada |
Dubai |
| Greece |
Cayman Islands |
Egypt |
| Ireland |
Chile |
Kuwait |
| Italy |
Mexico |
Lebanon |
| Luxembourg |
US |
Qatar |
| Netherlands |
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Saudi Arabia |
| Norway |
ASIA |
South Africa |
| Portugal |
Australia |
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| Sweden |
Hong Kong |
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| Switzerland |
Korea |
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| Turkey |
Malaysia |
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| UK |
Philippines |
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| Spain |
Singapore |
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