Private Fund Audit Requirement - Extension (2021-09-10)

Summary

This is a short notice from CIMA extending a filing deadline for certain private fund forms. It advises that the due date for the Private Fund FAR (form PFR-049-77) and the RFE form (RFE-050-77) has been pushed back to 31 October 2021.

• Who is affected: Private funds registered with CIMA that have either a 2020 financial year-end, or a 2021 financial year-end falling on or before 31 March 2021.
• What is required: Those funds must submit both the Private Fund FAR (PFR-049-77) and the RFE form (RFE-050-77) by the new 31 October 2021 deadline.

CIMA states explicitly that no further extensions will be granted for private funds with these financial year-ends, meaning affected funds should treat 31 October 2021 as a firm cutoff.

Key obligations

• Private funds registered with CIMA that have a 2020 financial year-end, or a 2021 financial year-end up to 31 March 2021, must submit the Private Fund FAR (PFR-049-77) and RFE form (RFE-050-77) by 31 October 2021.

Applies to

private funds

Deadlines

• 31 October 2021: Extended deadline for submission of the Private Fund FAR (PFR-049-77) and RFE form (RFE-050-77) for private funds with a 2020 financial year-end or a 2021 financial year-end up to 31 March 2021.