Entire Section

  • PRU-EPRS 1.31 PRU-EPRS 1.31 Instructional Guidelines — Form B190 — Asset Management, Custody & Trust services

    Purpose

    Form B190 — This form is designed to capture data regarding asset management , custody and trust service activities, covering both the business arising out of services provided in the DIFC and services arranged from the DIFC.

    Applicability

    This form is applicable to Authorised Firms licensed to undertake Managing Assets, managing a PSIA (restricted), Providing Trust Services, Providing or Arranging Custody, Advising on Financial Products or Credit or Arranging Credit or Deals in Investments. This includes Authorised Firms operating as a Branch in the DIFC.

    Content

    The form is intended to capture information pertaining to the number of Clients, net new assets during the reporting period and the total assets under management of the Authorised Firm across asset management, custody and trust services activity. The form seeks to capture the data in respect of services provided in the DIFC as well as services arranged from the DIFC. The form also requires classification of the data across different types of fund structures and Client segments.

    Structure of the form in EPRS

    Form B190 comprises three sections, seeking data about asset management, custody and trust services activity. The information is sought in respect of services provided in the DIFC as well as services arranged from the DIFC.

    Derived from GM5/2007 (Made 16th December 2007). [VER1/12-07]
    [Amended] [VER2/04-13]

    • PRU-EPRS 1.31 Instructional Guidelines

      1. All figures relating to income statement items, expense accounts, volumes, activity levels, number of accounts or units sold / traded and any other data relating to amounts invested / deposited except outstanding balances in any of the quarterly returns should correspond to the current reporting period (quarter) and not cumulative or year-to-date amounts.
      2. Authorised firms are required to report all data on assets under management in USD equivalent, including the assets denominated in other currencies. Authorised Firms are required to report all accounts of their Clients, including accounts booked other than in the DIFC for which the firm provides only advisory or arranging services. Authorised Firms involved in managing PSIA (restricted) accounts for their Clients are required to include the data on such PSIA accounts in this form.
      Derived from GM5/2007 (Made 16th December 2007). [VER1/12-07]
      [Amended] [VER2/04-13]