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Independence, Integrity, Ingenuity
UCITS


UCITS (Undertakings for Collective Investment in Transferable Securities) is a directive implemented by the European Union that allows funds to market to investors in any country that is a part of the E.U., as long as they are authorized within the domestic country.  The directive was established in an attempt to create a single financial services market in the E.U. North Street Global Fund Services provides clients with complete and cost-effective reporting services to fully meet the distinct data requirements for UCITS reporting.

Key Service Features:

  • Complete Solution – fully meet all of a fund’s UCITS challenges and requirements
  • Most Cost-Effective – North Street Global Fund Services UCITS solution is superior and less expensive than an in-house effort or any external vendor solution
  • Extensive Risk Experience – Seasoned team of risk management practitioners with 25+ years of experience
  • Leading Regulatory Reporting Software – We utilize leading regulatory reporting software to aggregate data and produce UCITS report customized to fit the regulatory requirements
  • Leading Risk Software – We utilize leading risk software to produce answers for complex risk calculations of UCITS such as:
                - Value-at-Risk (VaR) 
                - Counterparty risk
                - Duration risk 
                - Liquidity risk
                - Stress Tests

  • Regulatory Interpretation/Assumptions – Guidance on interpretation, assumptions and methodologies of UCITS questions
  • Key Investor Information Document – We produce the fund’s Key Investor Information Document ("KIID") to meet the additional authorization requirements of the UCITS report
  • Regulatory Audit Trail – Development and/or enhancement of fund’s UCITS “Bible” (i.e. UCITS policies, procedures and regulatory audit trail) to fully meet transparency targets
  • UCITS V Requirements – Review of a fund’s depository agreements and remuneration policies to perform a diagnostic on the basis of the new UCITS V rules
  • Independent Review and Check – Evaluation, review and check of a fund’s annual and semi-annual filing before submission to the regulators to ensure there are no “red flags"