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LawCards

Princeton Financial Systems

Contact: Steve Chance, Address: 600 College Road East, Princeton, NJ, USA, 08540, Phone: (609) 987-2400, Fax: (609) 987-9320, Email: info@pfs.com, Website: www.pfs.com

Product Description:

Always Up to Date with LawCards
Investment regulations differ in each financial jurisdiction. LawCards are comprehensive predefined rule sets for MIG21 covering country-specific legal investment restrictions of the world's major financial centers. They support all asset classes, also complex structured products and derivatives.

LawCards keep you up to date with compliance developments around the globe so your UCITS and Non-UCITS funds can be launched in new legal jurisdictions without overheads or delay. Amendments to legislation are incorporated into the LawCards to ensure constant validity.

Our LawCard Service originated in 2001 in the highly regulated German market and subsequently proven with UCITS III and SEC 1940 Act regulations in multiple jurisdictions.

Available LawCards

North America 
United States
•1940 Act (incl. 2a-7 Money Market Funds)
•IRS Subchapter M,L
•Article 14 (Investments) of the New York state insurance law
•Frequently used contractual rules
 
Europe 
Austria •InvFG, PKG
 
 France •Code Monétaire et Financier (UCITS III, Non-UCITS)
•Classification Rules that are based on Instruction AMF 2005-02
 
 Germany •InvG, DerivateV, RiLi Fondskategorien (as of June 2011)
 
 Ireland •UCITS Notices: UCITS III
•NU Series of Notices: Non-UCITS
 
 Italy •UCITS III
 
 Liechtenstein •IUV
 
 Luxembourg •Law of 20 Dec 2002 (UCITS III), Circular 07/308
 
 Sweden •SE-UCITS
 
 Switzerland •KKV, KKV-EBK, BVV2
 
 United Kingdom •New Collective Investment Schemes (Coll): UCITS III, Non-UCITS, QIS
 
Asia  Hong Kong •HK-MPF
•HK-SFC
 
 Singapore
 •Code on Collective Investment Schemes
 
General Net Short Positions •New transparency rules for reporting of net short positions
 
Sharia Compliance •Riba (prohibition of Interest)
•Ghom (share profit and loss)
•Gharar (prohibition of uncertainty)
•Haram (prohibited activities)
 
Substantial Shareholding •Disclosure of major shareholding based on EU Directive 2004/109/EC
•Full security type coverage incl. derivatives
•All EU countries and major financial centers covered