Summary of CySEC's Circular C393
Memo #38-2020
CySEC Circular No: C393
Date: 30/06/2020
Subject: Management Companies and Self-Managed Funds Quarterly Statistics
Purpose: To inform Management Companies and Self-Managed Funds that the Form QST-MC Version 9 is issued and that should be submitted to CySEC.
In Summary:
CySEC has issued the Circular C393 on 30/06/2020 in order to inform the Alternative Investment Fund Managers (‘AIFMs’), UCITS Management Companies (‘UCITS MC’), Self-Managed UCITS (‘SM UCITS’), Self-Managed Alternative Investment Funds (‘SM AIFs’), Self-Managed Alternative Investment Funds with Limited Number of Persons (‘SM AIFLNP’) and the Companies with sole purpose the management of AIFLNPs, that a new version of the Form QST-MC Version 9 is issued.
The Form QST-MC Version 9 must be completed and submitted to CySEC by all the above mentioned Regulated Entities that were authorised or appointed to act as External Managers (in case no authorisation is required by the relevant legislation), by June 30, 2020. Here it is noted that, the Regulated Entities that were authorised or appointed to act as External Managers by June 30, 2020, but have not made use of their authorisation must also submit the Form.
The deadline for the submission of the Form QST-MC Version 9 is by 15:00 hrs, Friday, July 31, 2020, at the latest.
The Form QST-MC Version 9 must be submitted electronically via the CySEC’s Transaction Reporting System (‘TRS’).
The Circular C393 includes the steps for the successful submission of the Form to the TRS, as well as, directions for the creation and signing of the Form.
The Form QST-MC Version 9 can be found as Appendix on the Circular C393.
