Investment Mandate / IPS — Investment Policy Statement & Discretionary Mandate Authority
Investment Mandate / IPS — Investment Policy Statement & Discretionary Mandate Authority — 50% covered.
4 requirements · 0 enforced · 4 designed · 0 advisory · 0 deferred.
Source: The Investment Policy Statement (IPS) and the discretionary investment mandate are the contractual instruments that delegate investment authority from an asset owner (client, pension trustee, endowment, board) to a discretionary manager or adviser, and define the bounds of that authority — objectives, permitted investments, prohibited investments, concentration and liquidity limits, benchmark, risk tolerance, and reporting obligations. They are the authority anchor for any AI-assisted investment decision: an AI-generated thesis, portfolio recommendation, or trade recommendation may only proceed to a consequential action if it is within mandate. KYE Protocol governs whether an AI-assisted investment decision/action is within the recorded mandate, under whose authority it proceeds, evidenced, contestable, and final at the action boundary — and PROVES the basis. KYE does not produce investment intelligence, judge whether a thesis is correct, render any view on alpha / returns / suitability of outcome, and is not an investment adviser. · License: The Investment Policy Statement / discretionary mandate is a private contractual and industry-practice instrument (CFA Institute IPS guidance; standard discretionary investment management agreement schedules). KYE registry cites the mandate-constraint constructs for mapping purposes only.
By category
| Category | Reqs | Enforced | Designed | Advisory | Deferred | Coverage |
|---|---|---|---|---|---|---|
| Mandate scope & permitted investments | 1 | 0 | 1 | 0 | 0 | 50% |
| Constraints, limits & prohibitions | 1 | 0 | 1 | 0 | 0 | 50% |
| Named authority & delegation | 1 | 0 | 1 | 0 | 0 | 50% |
| Reporting & evidence obligations | 1 | 0 | 1 | 0 | 0 | 50% |
Every requirement → the KYE™ artefact that enforces it
| ID | Title | Status | KYE™ enforcement |
|---|---|---|---|
investment-mandate-ips.mandate-scope-permitted-investments |
Mandate scope & permitted investments: an AI-generated decision must be within the recorded investment mandate before it proceeds | designed | rule_packs: kye:rule-pack:investment-decision-authoritydictionaries: internalconstitution_refs: constitution/12-PURPOSE-PERMISSION.md |
investment-mandate-ips.constraints-limits-prohibitions |
Constraints, limits & prohibitions: concentration / liquidity / risk limits enforced as a mandate check before the action | designed | rule_packs: kye:rule-pack:investment-decision-authoritydictionaries: internalconstitution_refs: constitution/25-EDGE-GOVERNANCE.md |
investment-mandate-ips.named-authority-delegation |
Named authority & delegation: every consequential investment action maps to a named portfolio manager / committee under whose authority it proceeds | designed | rule_packs: kye:rule-pack:investment-decision-authorityconstitution_refs: constitution/36-GOVERNEDUI.md |
investment-mandate-ips.reporting-evidence-obligations |
Reporting & evidence obligations: replay-provable provenance of the basis on which a consequential investment action proceeded | designed | rule_packs: kye:rule-pack:investment-decision-authoritydictionaries: internalconstitution_refs: constitution/13-RESILIENCE-LOOP.md |