Summary of CySEC's Circular C482
Memo #01-2022
CySEC Circular No: C482
Date: 31/12/2021
Subject: Management Companies and Self-Managed Funds Quarterly Statistics–New Version
Purpose: To inform the Regulated Entities for the new version of the form QST-MC Version 15.
In Summary:
CySEC has issued the Circular C482 on 31/12/2021 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’), Companies with sole purpose the management of AIFLNPs and Small AIFMs, for the latest version of the Form QST-MC Version 15 (the ‘Form’) for the Quarterly Statistics.
The Form must be completed and submitted to CySEC by all Regulated Entities that were authorised by December 31, 2021. The Regulated Entities that were authorised by December 31, 2021, but have not made use of their authorisation must also submit the Form.
The deadline for the submission of the Form is by 15:00 hrs, Monday, January 31, 2022, the latest. CySEC notes that no extension to this deadline shall be granted.
The Form must be successfully submitted electronically via the CySEC’s Transaction Reporting System (‘TRS’).
The Form is regarded as being successfully submitted to CySEC, only when a NO ERROR indication feedback file is received.
CySEC also notes that failure to submit the Form will bear the administrative penalties of section 37(5) of the CySEC Law. CySEC further notes that it will not send any reminders to those Regulated Entities, which fail to promptly and duly comply.
This Circular C482 also refers for the amendments in this Form, the method of creating, signing and submitting the Form to the CySEC and other general comments.
The Form QST-MC, Version 15, can be found in the Appendix, on this Circular C482.
