Global Asset Management Standards

The GAMS DDQ Working Group was established with the objective of enhancing the efficiency, consistency, and transparency of due diligence processes across the investment fund industry. Its primary goal is to develop a standardized framework that enables stakeholders to perform comprehensive and comparable assessments of various industry participants, including asset managers, service providers, and fund structures. By promoting harmonization and reducing duplication in information requests, the Working Group aims to streamline due diligence practices while maintaining a high standard of regulatory and operational scrutiny. The work of the group has been grounded in templates provided by FinSoft, which served as a foundational reference point for structuring the Due Diligence Questionnaires (DDQs). These templates offered a robust and industry-relevant baseline, allowing the Working Group to focus on refining content, aligning terminology, and ensuring adaptability across different use cases and jurisdictions. The GAMS DDQ Standardisation Initiative introduces a modular, cube-based methodology to transform due diligence across the fund ecosystem. By structuring DDQs along three dimensions—functions, entity types, and risk-based depth—it replaces fragmented, bespoke questionnaires with reusable, standardised modules, enabling greater consistency, efficiency, and comparability across the industry. This modular architecture provides significant flexibility: DDQ Cubes can be assembled in various configurations to support targeted reviews or full-scale assessments of any investment fund industry actor. The approach facilitates reusability, reduces redundancy in data collection, and supports digital processing and automation. Ultimately, the DDQ Cube methodology aims to create a scalable, interoperable framework that improves both the quality and efficiency of due diligence across the industry.

This dynamic prospectus template transforms how fund documentation is created, used and managed. Its approach is adopted by UCITS funds representing over EUR 1 trillion in AUM. This iteration has been designed for the Luxembourg asset management community; if you would like a version tailored to a different jurisdiction, please contact the working group behind this prospectus by clicking the "Who can we contact if we have queries" button at the foot of this page. The template addresses the growing complexity of fund compliance documentation while providing the potential for significant benefits in usability (internal and external), cost efficiency, reviewing/updating time, regulatory approval time and risk management. The template includes "golden source" modules — language for key fund and risk information that is both marketing-grade and legally sufficient, so the same language can be used in the prospectus and in marketing and other fund documents. The template is based on a market-leading approach developed by the streamlined communications firm More Carrot. The formatting, structure and content of this approach have been reviewed and approved by hundreds of professionals in the asset management industry, including in the legal, compliance, product, operations, governance and regulatory areas.

The openfunds association provides an open, extensible and cost-free standard for the characterization of investment fund data with the aim to facilitate the data exchange across the industry. For more information, visit https://openfunds.org.

The Due Diligence Questionnaire (DDQ) for Non-Listed Real Estate Investment Vehicles, assists an investor or consultant in determining, in principle, whether a proposal fits the investor’s investment objectives.

The Findel UBO Declaration Template is a standardized form designed to collect and document Ultimate Beneficial Ownership information in compliance with EU AML regulations, particularly the Luxembourg AML Law of 12 November 2004 as amended. This template provides a structured approach to gathering essential information about company ownership, control structures, and beneficial owners.

This resource collection is designed to streamline the process of gathering data required for SFDR precontractual and periodic disclosures as mandated by the CSSF (Commission de Surveillance du Secteur Financier). It provides a structured format for collecting key sustainability-related information about financial products before client contracts are finalized. The questionnaire covers essential SFDR data points, making it easier for financial institutions to compile and organize the necessary information efficiently. By using this template, firms can ensure they capture all required data in a consistent format, simplifying compliance with SFDR reporting requirements.