CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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What is a Fund Processing Passport?

Fund Processing Passport

A short, harmonized document that provides ‘operational’ information on an investment fund. It is designed to improve the efficiency of fund processing in the European investment industry.

Where have you heard about Fund Processing Passports?

The Fund Processing Passport (FPP) was intended to become an industry standard across Europe when the FPP Portal was opened in 2010.

What you need to know about Fund Processing Passports.

The Fund Processing Passport (FPP) was developed by the European Fund and Asset Management Association (EFAMA) following a set of recommendations published by the FPSG in 2005 to facilitate access to standard information on funds in the European investment fund market.

The FPP provides class-level ‘operational’ information such as ISIN code, contract details and subscriptions/redemptions rules for a fund. Fund managers are responsible for providing an up-to-date version of an FPP which can be accessed via an online platform. The FPP aims to simplify cross-border fund transaction processing and make back-office activities more efficient.

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