Financial Statements
Class A funds must submit audited financial statements within four months of the end of their annual accounting period, and half-yearly financial statements within two months of their half-yearly accounting period.
All other authorised open-ended funds must submit audited financial statements to the Commission within six months of the end of their annual accounting period.
Authorised closed ended schemes and registered schemes (excepting Private Investment Funds which have not opted to appoint an auditor) must submit their audited financial statements within the time period specified within the scheme's information particulars, or within six months of the end of their annual accounting period if that date is not specified or is greater than six months.
In the case of Private Investment Funds (“PIFs”), there is no regulatory requirement for such schemes to appoint an auditor or to prepare audited accounts. Where a PIF has not appointed an auditor, a copy of its (un-audited) accounts must be submitted to the Commission within six months of the scheme’s annual accounting period end. Where a PIF has opted to appoint an auditor, its audited annual report and accounts must likewise be submitted within six months of its annual accounting period end.
Penalties for Late Filing of Financial Statements
Statistical Returns
Form 141a will appear on the relevant licensee's timeline and should a licensee wish to make use of a multi-scheme Designated Administrator Quarterly Return, they may do so by completing the Form 141b spreadsheet which can be found in the links below:
Explanatory Notes for completion of the Investment Designated Administrator Quarterly Return 141a and 141b can be found via the following link: Explanatory notes for completion of forms 141a and 141b.