Statistical Reporting Requirements for Investment Funds and the Procedure for the Submission of Reports

This Decree establishes the requirements relating to the form and content of statistical reporting by investment funds and the procedure for submitting the reports to Eesti Pank.

(1) The provisions of the Decree apply to managers of non-public investment funds and to non- public funds founded as public limited companies (non-public public limited funds).

(2) In accordance with the principle of proportionality and pursuant to Article 8(1) of Regulation (EU) No 1073/2013 (ECB/2013/38) of the European Central Bank, Eesti Pank may grant derogations to the smallest investment funds in terms of total assets, exempting such entities from the reporting obligations established in this decree. Eesti Pank shall inform the managers of non-public investment funds and non-public public limited funds of implementation or termination of such derogation by written notification.

(RT I, 10.04.2018, 1 - entry into force 23.04.2018)

A fund manager and a public limited fund shall compile the following reports on non-public funds

1) report on the fund’s investments in accordance with Annex 1 to this Decree;

2) report on the fund’s liabilities, fees and distributions in accordance with Annex 2 to this Decree;

3) report on the fund’s units or shares in accordance with Annex 3 to this Decree.

(1) Fund reports are compiled in monetary terms.

(2) The reporting terminology is used in the meaning defined in the following legal acts

1) for definitions relating to clients and issuers: section 4 of Minister of Finance Decree No 40 of 28 November 2008 ‘The contents, methods of preparing and procedure for the submission of reports of investment firms, parent undertakings of investment firms and branches of foreign investment firms’

2) for definitions relating to residency: section 9 of Eesti Pank Governor’s Decree No 7 of 29 May 2014 ‘Establishment of supplementary reports on credit institutions’ balance sheet’.

(1) The reporting period for the reports provided for in section 3 of this Decree is one month.

(2) For non-public public limited funds, the reporting period for the report specified in Annex 3 to this Decree is one quarter.

(3) The reports are to be submitted by the fifteenth day of the month following the end of the reporting period.

(4) If the due date for the submission of a report falls on a day off, the report shall be submitted on the first working day following the day off.

(1) The reports are submitted to Eesti Pank electronically in the XML (eXtensible Markup Language) format as provided for by Decree of the Governor of Eesti Pank No 4 of 29 May 2018 'Requirements for submitting reports electronically' (officially published: RT I, 05.06.2018, 1).

[RT I, 27.03.2020, 3 – in force from 01.04.2020]

(2) The following reporting codes shall be used

1) report on the fund’s investments: code 580;

2) report on the fund’s liabilities, fees and distributions: code 581;

3) report on the fund’s units or shares: code 582.

(3) Values with identical identifiers shall be presented in a single reporting row.

(4) In case errors are detected or the accounting principles are changed, new corrected reports shall be submitted electronically to Eesti Pank.

(5) In case there are no data available for a particular report, a blank report shall be submitted.

(1) Currencies are specified according to the currency codes table of the international standard ISO 4217; the codes are written in capital letters.

(2) Countries are defined by the two-letter country codes of the international standard ISO 3166; the codes are written in capital letters.

This Decree shall take effect on 1 March 2017 and shall apply to the compilation and submission of reports for reporting periods starting on 1 March 2017.