GroMiKV Reporting for Investment Funds

Regulatory reporting for fund investments of credit institutions.

Section 13 et seq. of the Banking Act (Kreditwesengesetz – KWG), in tandem with the regulation governing large exposures and loans (Großkredit- und  Millionenkreditverordnung – GroMiKV), governs the reporting thresholds and limits for issuance of loans to single borrower units by banks and other financial service providers.

These rules give rise to a comprehensive array of requirements with respect to consolidation of credit risk positions across a variety of vehicles (including investment funds) and enterprises included in the same borrower unit. The
amended version of the GroMiKV that entered into force at the start of 2011 now also extends these requirements to target funds contained in an investment fund structure.

IDS calculates the exposure amounts per borrower unit as required under the regulation and provides them to clients in their desired format.

Product Brochure