Global Compliance with LawCards

Always Up to Date with LawCards

Investment regulations differ in each financial jurisdiction. LawCards are comprehensive predefined rule sets for MIG21 covering country-specific legal investment restrictions of the world's major financial centers. They support all asset classes, also complex structured products and derivatives.

LawCards keep you up to date with compliance developments around the globe so your UCITS and Non-UCITS funds can be launched in new legal jurisdictions without overheads or delay. Amendments to legislation are incorporated into the LawCards to ensure constant validity.

Our LawCard Service originated in 2001 in the highly regulated German market and subsequently proven with UCITS IV and SEC 1940 Act regulations in multiple jurisdictions.

Available LawCards

North AmericaUSAUnited States
  • 1940 Act (incl. 2a-7 Money Market Funds)
  • IRS Subchapter M,L
  • Article 14 (Investments) of the New York state insurance law
  • Frequently used contractual rules
EuropeAustriaAustria
  • InvFG, PKG
FranceFrance
  • Code Monétaire et Financier (UCITS IV, Non-UCITS)
  • Classification Rules that are based on Instruction AMF 2005-02
GermanyGermany
  • InvG, DerivateV, RiLi Fondskategorien (as of June 2011)
IrlandIreland
  • UCITS Notices: UCITS IV
  • NU Series of Notices: Non-UCITS
ItalienItaly
  • UCITS IV
LiechtensteinLiechtenstein
  • IUV
LuxembourgLuxembourg
  • Law of 17 December 2010, CESR 10-788 Level 3, CESR 10-049
SwedenSweden
  • UCITS IV
SwitzerlandSwitzerland
  • KKV, KKV-EBK, BVV2
United KingdomUnited Kingdom
  • New Collective Investment Schemes (Coll): UCITS IV, Non-UCITS, QIS
AsiaHong KongHong Kong
  • HK-MPF
  • HK-SFC
SingaporeSingapore
  • Code on Collective Investment Schemes (as of Apil 2011)
GeneralNet Short Positions
  • New transparency rules for reporting of net short positions
Sharia Compliance
  • Riba (prohibition of Interest)
  • Ghom (share profit and loss)
  • Gharar (prohibition of uncertainty)
  • Haram (prohibited activities)
Substantial Shareholding
  • Disclosure of major shareholding based on EU Directive 2004/109/EC
  • Full security type coverage incl. derivatives
  • All EU countries and major financial centers covered


The MIG21 LawCard Portal

With the LawCard Portal, Princeton Financial provides a value-added service offering an actively managed knowledge database that provides online access to law texts, comprehensive MIG21 rule records and documentation for each supported jurisdiction with download capability. Access LawCard Portal

New Instrument Process

Our compliance experts support your New Instrument Process with advice on investment restrictions for new instruments. We also assist you in modeling corresponding rules as well as Structured Product decomposition or look-through in MIG21.

Rule Writing Service

Save time, let us write your new MIG21 rules quickly and efficiently.

Check Out Related Risk and Compliance Solutions:

Pre- & Post-Trade Compliance

Access LawCard Portal

The LawCard Portal provides online documentation of changes to investment guidelines and regulations for the world's major financial jurisdictions.
LawCard Portal

dwpbank

We chose MIG21 and German LawCard because Princeton Financial Systems impressed us with their expert industry knowledge and experience. Another determining factor was that MIG21 as a market-proven system is easy to implement and also scalable to grow with our business.
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