AIFMD update for Netherlands: Dutch fund managers to use xml format starting from December 31, 2019 according to De Nederlandsche Bank. The AIFMD reports must be submitted via an XML file according to the specification of the European Securities and Markets Authority. The process of conversion from excel format into xml and subsequent submission to…
On July 19, 2019 the European Securities and Markets Authority (ESMA) issued its final report on the guidelines of reporting under Article 37 of the Money Market Funds Regulation. Reporting requirements under the MMF Regulation encompass two reporting templates, the largest of them amounting to over 160 fields. The Regulation will impose new challenges as…
Acarda`s team was one of the participants at ALFI Global Distribution Conference 2019 discussing the changing trends in regulatory reporting universe and new technologies supporting them. Acarda’s flagship AREP, a RegTech solution covers the main European and local regulatory reports and leads the digitization of the asset management industry. ALFI Global Distribution Conference is a…
acarda is ready to produce the template for disclosure of fund costs and charges to institutional investors for UK asset managers. The newly launched “Main Account Template” of the Cost Transparency Initiative (CTI), a UK industry working group, is even supported by the Financial Conduct Authority (FCA) as an observer.
WM Datenservice (WM) expects asset managers to produce three special files for MIFID II target market definitions and the ex-ante / ex-post fund costs, since WM doesn’t accept the European MiFID II Template (EMT) as input to its platform. acarda offers asset managers the service to digitally convert their EMT to the specific WM standard for MiFID II.
Gerhard Jovy, founder and managing partner of acarda: “We are proud to be a partner of the BVI AMK for the first time in September 2019. During AMK 2019 we will explain our EMT and EPT conversion and distribution services.”
The Head of Customer Management at acarda, Dr. Markus Thomas, presented on 4th April 2019 the core features of the digital platform “arep” for Solvency II reporting, the PRIIP transaction cost calculation (TCC) for EPTs and the data services of acarda linked with EMT data on 4 April 2019 at the WM Customer Forum in Luxembourg.
acarda presented its digital reporting platform “arep” and highlighted the different functionalities like the file loader, the calculation of transaction costs for EPT, EMT and PRIIPs KID as well as the automatic distribution of the PRIIPs figures and templates to clients and the regulator.
The ALFI European Asset Management Conference in Luxembourg is an European asset management forum – including investors, asset managers, fund administrators and fund selectors. acarda joint the most recent discussion about technology progress and regulatory reporting in the Luxembourg fund industry.