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This document outlines the designation of employees authorized to act on behalf of the Teacher Retirement System (TRS) in investment matters, as specified in Resolution TRS 477 adopted on August 13,

How to fill out designation of authorized investment

How to fill out Designation of Authorized Investment Group Employees under TRS 477

1. Review the TRS 477 form thoroughly to understand its requirements.
2. Gather all necessary information about the investment group employees who will be designated.
3. Fill out the employee's full name in the designated field.
4. Provide the job title or position of each employee.
5. Include the contact information, such as phone number and email address, for each employee.
6. Sign and date the form where required to confirm the information is accurate.
7. Submit the completed form as instructed, ensuring that all designated employees are listed.

Who needs Designation of Authorized Investment Group Employees under TRS 477?

1. Any investment group that manages a retirement system and needs to designate employees for authorized investment activities under TRS 477.

People Also Ask about

Are warrants in scope for EMIR?

Whatever their deemed complexity for other MiFID purposes, we do not believe that warrants and convertible securities are derivatives for the purposes of MiFID or EMIR. It should be clearly stated that they are not reportable for the purposes of EMIR.

Are spot trades reportable under EMIR?

Based on the above elements, forward FX contracts are reportable under EMIR while spot FX contracts are not.

Are FX swaps reportable under EMIR?

An FX Swap under CFTC reporting is expected to be reported as 2 instruments and transactions, each with their own UTI. Under EU EMIR REFIT, the guidance for FX swaps is to report it as a single trade with 2 legs with 1 UTI.

Are FX forwards in scope for EMIR?

Please note that both FX swaps and FX forwards are considered OTC derivatives under EMIR. Spot transactions (settled T+2 or shorter) are NOT OTC derivatives. FX swaps and forwards are OTC derivatives, hence subject to all EMIR requirements.

What is in scope for EMIR reporting?

EMIR mandates reporting of all derivatives to Trade Repositories (TRs). TRs centrally collect and maintain the records of all derivative contracts. They play a central role in enhancing the transparency of derivative markets and reducing risks to financial stability.

Are warrants reportable under EMIR?

Financial instruments and asset classes reportable under EMIR: OTC and Exchange Traded derivatives for the following asset classes: credit, interest, equity, commodity and foreign exchange derivatives. Reporting obligation does not apply to exchange traded warrants.

What products are in scope for EMIR?

In-scope products for Trade Reporting include: Over-The-Counter (OTC) derivative products including both cleared and uncleared. Exchange Traded Derivatives. HSBC is including Foreign Exchange (FX) physically settled forwards as in scope until further guidance is issued.

For pdfFiller’s FAQs

What is Designation of Authorized Investment Group Employees under TRS 477?

Designation of Authorized Investment Group Employees under TRS 477 is a formal documentation that identifies specific employees of an investment group who are authorized to make decisions or act on behalf of the organization in relation to the Teachers Retirement System.

Who is required to file Designation of Authorized Investment Group Employees under TRS 477?

Organizations that are involved in managing investments for the Teachers Retirement System, including investment firms and financial advisors, are required to file the designation to declare their authorized representatives.

How to fill out Designation of Authorized Investment Group Employees under TRS 477?

To fill out the designation, the organization must provide the names, titles, and contact information of the authorized employees, as well as any relevant identification numbers or credentials as required by the TRS guidelines.

What is the purpose of Designation of Authorized Investment Group Employees under TRS 477?

The purpose of the designation is to ensure that only qualified and authorized individuals have the authority to make investment decisions or manage funds on behalf of the Teachers Retirement System, thus maintaining accountability and compliance.

What information must be reported on Designation of Authorized Investment Group Employees under TRS 477?

The designation must report the full names, job titles, contact details of the authorized employees, and any applicable signatures or verifications as required by the Teachers Retirement System.