Fund Data Converter
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OFST701086 – Is Recognised By FCA
Is the fund recognised by the FCA (Financial Conduct Authority, a UK financial regulatory body responsible for regulation of conduct by both retail and wholesale financial services firms)?
A fund that is established outside the UK must be recognised to be promoted to retail investors in the UK. A recognised fund may also be called a ‘recognised CIS’ or ‘overseas scheme’. A UCITS established in another EEA country must be recognised, under section 264 of the Financial Services Markets Act 2000 (FSMA). Other funds established in another EEA country, including an alternative investment fund (AIF) authorised in another EEA country, must be recognised under section 272 of FSMA.
For more information please consider: http://www.legislation.gov.uk/ukpga/2000/8/pdfs/ukpga_20000008_en.pdf
| Property | Value |
|---|---|
| OF-ID | OFST701086 |
| Name | Is Recognised By FCA |
| Area | Static data |
| Level | Fund |
| Format | yes / no |
| Tags | Full, GB |
| Introduced in | openfunds 1.25 |
Allowed values
yes, no
Example
yes
FundsXML 4 mapping
FundsXML 4.2.11 has no element for this field. The converter keeps the value as CustomAttributes/Attribute named OF_OFST701086 on the share class (or position), so FundsXML → openfunds restores it unchanged.
The field mapping table lists every field; openfunds to FundsXML explains the rules behind it.
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