Q & A Database

The GIPS Standards Q&A database contains questions and answers (Q&As) on various searchable topics that provide additional interpretation on an issue. Q&As are considered to be authoritative guidance and must be followed in order to claim compliance with the GIPS standards.

Content from prior Q&As was included in the GIPS Standards Handbook as much as possible and many Q&As were archived. Change the Status drop-down filter to "Archived" to see the archived Q&As.

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Current

Effective: 1 January, 2020

Categories: Providing GIPS Reports

Source: 2020 GIPS Standards

We provide a GIPS Report to all prospective clients and prospective investors when we first meet with them. However, we often are in discussions with large prospective clients and prospective investors for many months, if not years. We send them updated performance information quarterly, but the updates do not include a GIPS Report. Must the quarterly updates include a GIPS Report?

No. The firm is required to provide a GIPS Report to prospective clients and prospective investors when they initially become a prospective client or prospective investor (together, prospects). If the prospect remains a prospect, the firm must provide an updated GIPS Report at least once every 12 months. The firm is not required to provide a GIPS Report with each quarterly update.

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Q & A Database

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