Affinis FAQs

Does a company need to maintain SDD if it is under Corporate Insolvency Resolution Process (CIRP)

We only have listed debt, do we need to maintain SDD? 

Can a listed company use software provided by third party vendors? Can the server belong to the vendor but entries be made by employees of the company only? 

Do unlisted intermediaries and fiduciaries also face the requirement to maintain the SDD? 

Should the SDD entries include details of UPSI shared?  The Structured Digital Database is not meant to be a database ... [...]

Does a listed entity need to maintain a Structured Digital Database and provide the compliance certificate for the quarter even ... [...]

Which entities are required to submit the SDD compliance certificate? Who provides the compliance certificate for SDD from the entity?  ... [...]

What should be recorded in the Structured Digital Database from items covered under regulation 30 or regulation 51 ? Are ... [...]

What are the regulatory non-compliances related to maintenance of the Structured Digital Database? What are the non-compliance consequences?

Who is responsible to ensure maintenance of SDD and prevent failure of entries?

Why do I need to record information shared internally into the Structured Digital Database?

The word audit trail is used often in relation to the Structured Digital Database. What does it mean? 

Does each company in a group of companies need to maintain a Structured Digital Database separately? 

Does the unlisted subsidiary of a listed company which is sharing information on the former need to maintain a Structured Digital Database? 

Does the Structured Digital Database need to capture information in relation to my listed entity only or should it also include my listed subsidiary? What if the subsidiary is unlisted?

A notice of confidentiality is required to be given to UPSI recipients per Reg. 3(2B) of the relevant regulations, how do we do that?