Read about their experience of our Shareholding Disclosure and Position Limit services.
Find out more about the Australian Securities and Investments Commission.
Access a suite of free services that are used by the world's top investment managers.
Check out our current opportunities and find your next role here.
FundApps’ Sensitive Industry rules cover industries with special significance, utilising legal information provided by our-long standing partner aosphere
Complete coverage of Sensitive Industry restrictions including pre-approval warnings, post notifications for disclosure obligations, and hard stop for limits that cannot be breached
Companies are mapped using the Global Industry Classification Standard (GICS) and industry specific legislation from our legal and regulatory data provider
Shareholding Disclosure subscribers require no additional data beyond GICS mapping
Easily and securely upload
your positions data to our
cloud-based platform
Have your data analysed in a matter of
minutes and be automatically notified of
approvals, disclosures or hard stops
Simply file any necessary disclosures
Much like Shareholding Disclosure, successful oversight of industry-specific regulation depends on a variety of reliable data points. Through automated checks done on a daily basis, source file corrections, and crowdsourced information that’s vetted by FundApps, clients’ data concerns and surrounding workloads are addressed.
The Sensitive Industries rule package consists of three different types of rules - Pre-Approval, Hard-Stop, and Threshold-Disclosure - applicable to different extents in all jurisdictions that FundApps covers. By mapping companies utilising GICS codes and a thorough analysis of legal memorandum provided by our partner aosphere, FundApps’ rules engine removes the uncertainty within sensitive industries.
As sensitive industry legislation is designed to protect the interests of the jurisdiction in scope, the corresponding regulation is rife with nuances and idiosyncrasies. Through a workflow prioritising the most time-sensitive and high-priority actions required by users, clients can maintain a clear view of regulatory obligations that are both due to the relevant authorities and avoidable.
Each jurisdiction is responsible for determining its own industry specific limits, and does so keeping national interests in mind. For example, Greece requires a post-trade notification in media companies at 1% ownership.
2020 saw a significant increase in actioning industry protectionism, most notably in France and Japan.
Download guide
This new feature enables users to see how much can be traded before a disclosure has to be filed, or a hard-stop limit has been reached.
Read more
This move comes in an effort to promote foreign direct investment whilst protecting national interest.
Read more
Effective as of April 1 2020, France commissioned Decree No. 2019-1590 and the Order on foreign investments.
Read more