Company Type Properties for Sensitive Industries
Some disclosure regimes apply differently to different types of investors. For example, the FEFTA Sensitive Industries regime in Japan. FundApps distinguishes between the various applications for specific disclosure regimes via the property CompanyType. It is an important property to set as it determines which set of rules will run against the uploaded positions.
Please note that it is not possible to have more than one CompanyType set for a given entity, based on guidance from the regulation in Japan. FundApps does not accommodate more than one selection as our Sensitive Industry rules only run on the top (ultimate parent entity) level.
Please see: https://www.mof.go.jp/english/international_policy/fdi/kanrenshiryou01_20200424.pdf for the source of the investor types, in particular pages 4, 5, and 6.
The determination of which rules to run happens in the pre-condition of a rule, where the value of the CompanyType property is used as the input. See the example below:
Valid CompanyType values
JP-FFI - Foreign Financial Institutions
To be considered for the Top-Level Entity. This includes Securities Firms, Banks, Insurance Companies, Asset Management companies, Trust Companies, Registered Investment Companies (including mutual funds and exchange-traded funds) and High-frequency Traders.
JP-GenInv - General Investors
To be considered for the Top-Level Entity. This includes Sovereign Wealth Funds and Public Pension Funds accredited by the Japanese authorities.
JP-StOw - State-Owned Enterprises
To be considered for the Top-Level Entity. This includes State-Owned Enterprises and those investors with a record of sanction, due to a previous violation of the FEFTA.