Post by account_disabled on Jul 22, 2023 6:08:08 GMT -5
For example, it is possible to specify in the fund's regulations that it cannot acquire bills with maturities greater than 180 days. This rule is registered in the system. Now, with the Sinqia solution, when inputting the file, the manager can check if there is any receivable that has a due date greater than 180 days, that is, that is not eligible. Without information mirroring, there are two possibilities. Either the manager does this check manually, wasting time and subject to failure, or he sends the file to the custodian.
Need to correct these eligibility. With the Sinqia solution, the system itself is able to mirror the custodian's information and validate the assignment. If there is a problem, it is already flagged and can easily be corrected. Once USA Phone Number List the document is in accordance with the eligibility, it is possible to trigger this trigger to the custodian in a cleaner way. The system ensures that the receivables are eligible for that particular fund. The process becomes simple and streamlined. Especially when taking into account that the new solution for managers is already integrated with custodians, offering operational and management gains.
The Securities and Exchange Commission is expected to announce new rules for investment funds soon, based on changes proposed by the Economic Freedom Act.Understand The Economic Freedom Law of 2019 brought more transparency to the market, in addition to creating concepts that seek to modernize investment fund management rules, as is already the case in international markets. The idea of the legislation is to reduce bureaucracy in the business environment in Brazil and, after the approval of the law, it was up to regulatory bodies such as the CVM to adapt the rules to follow the modernization proposal.
Need to correct these eligibility. With the Sinqia solution, the system itself is able to mirror the custodian's information and validate the assignment. If there is a problem, it is already flagged and can easily be corrected. Once USA Phone Number List the document is in accordance with the eligibility, it is possible to trigger this trigger to the custodian in a cleaner way. The system ensures that the receivables are eligible for that particular fund. The process becomes simple and streamlined. Especially when taking into account that the new solution for managers is already integrated with custodians, offering operational and management gains.
The Securities and Exchange Commission is expected to announce new rules for investment funds soon, based on changes proposed by the Economic Freedom Act.Understand The Economic Freedom Law of 2019 brought more transparency to the market, in addition to creating concepts that seek to modernize investment fund management rules, as is already the case in international markets. The idea of the legislation is to reduce bureaucracy in the business environment in Brazil and, after the approval of the law, it was up to regulatory bodies such as the CVM to adapt the rules to follow the modernization proposal.