Aquin has launched the Substantial Shareholding Reporting (SSR) LawCard, the latest addition to its LawCard series Aquin which offers Substantial Shareholding Reporting for all EU countries as well as most other financial centres around the world.
The new LawCard will automatically disclose when limits of “substantial shareholding” are reached on a per country basis. Other country specific requirements such as security type coverage and derivative inclusion are also covered by the SSR LawCard.
Aquin’s regular LawCard update service ensures that any alterations to shareholding limits as well as newly added countries are instantly included in reports. For even more comprehensive documentation and news feeds LawCard users can also access Aquin’s LawCard Portal. In addition, Aquin offers all relevant regulatory reports in the required reporting format as a separate package.
“Aquin’s SSR LawCard has significantly improved the quality and reliability of our regulatory reporting processes. Thanks to this latest solution we have managed to reduce our operational efforts significantly,” says Gerhard Schumacher, Union Asset Management Holding.
LawCards are predefined MIG21 rulesets to control income and investment limits for various legal jurisdictions. Aquin’s team of experts continuously updates and revises these rulesets ensuring that changes in law or market practice are incorporated immediately