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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Archived

Effective: 1 December, 2013 - 31 December, 2019

Categories: Changes to the Standards: 2006 GIPS

Source: GIPS Executive Committee

Please elaborate on the provision requiring firms to provide ‘prospective clients’ with a compliant presentation. Can we choose to which prospective clients we provide a compliant presentation?

Once a firm claims compliance with the GIPS standards, it must make every reasonable effort to provide all prospective clients with a compliant presentation. This does not preclude the firm from showing additional and/or supplemental information to help the prospective client interpret the compliant presentation. Firms must not choose to whom they present a compliant presentation.

Please also see original Q&A