Managers of UK authorised UCITS concerning their use of derivatives, including a new Derivatives Use Report that is required to be reported annually to the FCA within 30 business days from 31st October.

Funds-Axis provide 2 solutions!

We offer a fully automated reporting solution as well as a simple excel to xml conversion solution:

FULL SOLUTION

  • Maintain all static data

  • All derivative exposure calculation

  • Full time-series exporting reporting available

  • Alerts for any changes in derivative use over time

  • One-click XML Report Generation

LITE SOLUTION

(EXCEL TO XML CONVERSION)

  • Collate all your data in an easy-to-use excel template

  • One-click XML Report Generation

Overview of FCA Derivative Use Reporting

The report contains detailed information for each UCITS scheme, or sub-fund where applicable, that uses derivatives and is managed by the AFM, including:

  • Gross long and short derivatives positions;

  • Details of risk measures used;

  • Information on fund leverage including average leverage, maximum expected level, usually expected level and internal maximum level; and

  • Confirmation as to whether derivatives are being used for EPM purposes.

AFMs should submit additional reports at any time during the year if there has been a significant change to a fund’s risk profile since its last report.

TO FIND OUT MORE ABOUT OUR FCA DERIVATIVES USE REPORTING SOLUTION, BOOK A DEMO OR CONTACT US FOR MORE INFORMATION.

+44 (0)28 9032 9736 CONTACT US