Content Options

Add to favourites

View Options

More Resources:

External link Handbook Publications

MIDFIDPRU Sch 1 Record-keeping requirements

MIDFIDPRU Sch 1.1G
  1. (1)

    1The aim of the guidance in the following table is to provide an overview of the relevant record keeping requirements in MIFIDPRU.

  2. (2)

    It is not a complete statement of those requirements and should not be relied on as if it were.

    3. Handbook reference

    Subject of record

    Contents of record

    When record must be made

    Retention period

    MIFIDPRU 4.7.5R

    Currency conversion rate

    The market rate chosen to convert AUM amounts in foreign currencies into the firm’s functional currency

    At the time of the relevant measurement

    Not specified

    MIFIDPRU 4.10.19R(3)(b)

    Currency conversion rate

    The market rate chosen to convert COH amounts in foreign currencies into the firm’s functional currency

    At the time of the relevant measurement

    Not specified

    MIFIDPRU 4.10.23R(4)

    Basis on which firm has applied the alternative approach in MIFIDPRU 4.10.23R to determine the value of an order when measuring COH

    The basis in MIFIDPRU 4.10.23R(3) on which the firm is applying the alternative approach in MIFIDPRU 4.10.23R to determine the value of an order when measuring COH

    At the time that the firm decides to apply the alternative approach

    Not specified

    MIFIDPRU 4.15.4R

    Currency conversion rate

    The market rate chosen to convert DTF amounts in foreign currencies into the firm’s functional currency

    At the time of the relevant measurement

    Not specified

    MIFIDPRU 7.1.7R(4)

    Currency conversion rate

    The market rate chosen to convert the value of amounts in foreign currencies into pounds sterling for the purposes of determining the application of certain governance requirements under MIFIDPRU 7

    At the time of the relevant measurement

    Not specified

    MIFIDPRU 7.8.10R

    ICARA document approval

    The firm’s ICARA document and records of the governing body review and approval under MIFIDPRU 7.8.8R

    At the time that the governing body approves the ICARA document under MIFIDPRU 7.8.8R

    3 years from the date on which the governing body gave its approval under MIFIDPRU 7.8.8R
MIDFIDPRU Sch 1.2G

1MIFIDPRU investment firms are also reminded of the general record keeping obligations that apply under SYSC 9 (Record keeping).