The Reporting period type [8] determines the reporting period. The Reporting period start date [6] and Reporting period end date [7] are determined based on it, and as such they do not have to be entered in our templates.
The Reporting period type can have the following values:
| Reporting Period Type | Description |
|---|---|
| Q1 | 1st quarter of the calendar year |
| Q2 | 2nd quarter of the calendar year |
| Q3 | 3rd quarter of the calendar year |
| Q4 | 4th quarter of the calendar year |
| H1 | 1st half of the calendar year |
| H2 | 2nd half of the calendar year |
| Y1 | the calendar year |
| X1 | 1st quarter to 3rd quarter |
| X2 | 2nd quarter to 4th quarter |
The start date of the Reporting Period Type [8] in the Reporting Period Year [9] must be on or after the Inception Date [22].
The table below shows examples for a fund with a yearly reporting obligation.
| Example Inception Date | Reporting Period Type | Description |
|---|---|---|
| 2021-06-06 | Y1 | Inception date before this reporting year, report the whole year. |
| 2022-01-28 | X2 | Inception date in Q1, report over Q2, Q3 & Q4. |
| 2022-04-08 | H2 | Inception date in Q2, report over Q3 & Q4. |
| 2022-08-06 | Q4 | Inception date in Q3, report over Q4 only. |
| 2022-10-01 | Q4 | Inception date at start of Q4, report over Q4 only. |
The ESMA checks: “The inception date should not be after the start date of the reporting period.”. So the inception date can be equal to the reporting period start date.
The BaFin checks: “The inception date is not allowed as it should be before the reporting start date”. So the inception date can not be equal to the reporting period start date.
Which leads to the difference that e.g. 1 July gets Reporting Period Type H2 according to the ESMA rules and Q4 according to the BaFin rules.
The Matterhorn software automatically handles these subtle differences between reporting countries.
According to question 22 of the consolidated reporting template, AIFMs must indicate the inception date of the AIF. What does inception date mean?
If an AIF is subject to pre-authorisation, the inception date should be the date of authorisation. If an AIF is established without pre-authorisation by the competent authority, the inception date should be the date when the AIF was established. Finally, if the AIF is subject to registration obligation at national level with its competent authority after the date of establishment, the inception date should be the date when the AIF was constituted.
Get started today
Secure AIFMD Annex IV reporting in three simple steps: import, inspect and report.