An Investment Firm, other than an Externally Regulated Investment Firm, must submit quarterly and annual prudential returns to AFSA using the templates prescribed for this purpose by AFSA from time to time.
Annual prudential returns of an Investment Firm must contain a certification by the same auditor that is responsible for auditing the Investment Firm's annual financial statements.
The certification must relate to the annual prudential returns and each set of unaudited quarterly returns that have been submitted to AFSA by the Investment Firm in the previous year.
A prudential return must be signed by 2 individuals, and in each case:
(a) one of those individuals must be the individual approved to exercise the Finance Officer Function; and
(b) the other individual must be either the individual approved to exercise the Senior Executive Officer Function for the Investment Firm or one of the individuals approved to exercise the Director Function for the Investment Firm.
*This table does not relieve Authorised Firms from the obligation to be aware of AFSA’s Rules and Regulations that might be pertinent to a Firm.
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Quarterly prudential return |
Reporting needs to be made in thousands of USD. Please read your MANUAL FOR PREPARATION OF RETURNS
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The report is submitted within a month after the reporting quarter ends |
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Annual prudential return
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Reporting needs to be made in thousands of USD. Annual prudential returns need to contain certification of the same auditor who was responsible for the audit of annual financial statements. Please read your MANUAL FOR PREPARATION OF RETURNS |
The report is submitted within 4 months after the reporting year ends
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For more information, please follow the Prudential Rules for Investment Firms
Manual for preparation of returns
Prudential reporting forms available on Digital Resident portal.
