GIPS® Compliance Notification Form Released

February 16, 2015

The GIPS® Executive Committee recently approved the new requirement for firms that claim compliance with the GIPS® standards to notify CFA Institute of such claim. In order to adhere to this requirement, firms that claim compliance with the GIPS® standards will be required to submit certain information to CFA Institute on an annual basis. The purpose of this new requirement is to allow CFA Institute to gather accurate information related to the number, location, and types of firms that claim compliance with the GIPS® standards.

The information must be submitted through an online form that is now available through the GIPS® website via the following link: http://www.gipsstandards.org/compliance/Pages/compliance.aspx

Details that firms are required to submit include:

  • Contact information for a primary individual responsible for GIPS® compliance at the firm
  • The name of the firm
  • Firm address
  • Whether the firm has a website
  • Whether CFA Institute can display the firm name and website address on the GIPS® website
  • Whether the firm has been verified within the last 24 months

The requirement became effective January 1, 2015, with firms having until June 30, 2015 to submit the form.

Firms should update their compliance calendar and GIPS® policies and procedures to ensure that this form is submitted annually.

For more information, please contact us at info@CompliantPerformance.com.