- This topic has 3 replies, 2 voices, and was last updated Mar-188:36 am by
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Up0
Hoping to clarify a GIPS requirement, specifically around the 5 year minimum required to be able to claim GIPS compliance. I know it says 5 years minimum or since inception. Does that mean that as a new company if I can show 1-4 years of compliance since inception I am good to go, but as an established company I can’t claim compliance until I’ve got 5 years under my belt of following the guidelines? So new company, first year out of the gate and I’m compliant after year one, but older company I need 5 years…
Or is it, as a new company I need to report GIPS compliant reports for the first 5 years of life and can’t claim compliance until that fifth year?
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Up4
Bueller…Bueller…
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Up4
I felt guilty that my “I dont know” post was my 100th comment so I went to the GIPS website and browsed around. I think their wording means that if inception is longer than 5 years, you can go back to inception but you cannot claim compliance until you have at least 5 years of compliant data. I would still ask a non-candidate though.
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Up2
Honestly its a good question but I have no idea. This would be something to email a Schweser prof. about.
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