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.
The GIPS Standards Helpdesk is available for individual questions and typically responds to inquiries within 3 business days.
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ArchivedEffective: 1 March, 2006 - 30 November, 2013Categories: Definition of the FirmSource: GIPS Handbook, 2nd Edition
Company D has offices in London and Edinburgh. Although the individual investment managers in each office make the investment decisions, all the research and security trading are based in London. The Edinburgh office wants to define itself as a firm, “Firm D: Edinburgh,” and claim compliance with the GIPS standards. Can that office define itself as a firm separate from the rest of Company D and claim compliance with the GIPS standards?
If the Edinburgh office of Company D is not held out to clients or potential clients as a separate entity, the Edinburgh office cannot define itself as a firm for the purposes of the GIPS standards.
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