TA-1/A : Filer Information
Submission Contact Information
The registrant may provide a single e-mail address for contact purposes.
| 1(f)(i). Contact Name: | |
| 1(f)(ii). Contact Phone Number: | |
| 1(f)(iii). Contact E-Mail Address: | |
Notification Information
The registrant may provide additional e-mail addresses for those persons the filer would like to receive notification e-mails regarding the filing.
| 1(g). Notification E-mail Address: | |
TA-1/A : Registrant Information
| 2. Appropriate regulatory agency (check one): |  Securities and Exchange Commission  Federal Deposit Insurance Corporation Comptroller of the Currency |
| 3(a). Full Name of Registrant: | Franklin Templeton International Services (India) Private LTD |
| 3(a)(i). Previous name, if being amended: | |
| 3(b). Financial Industry Number (FINS) number: | 335091 |
3(c). Address of principal office where transfer agent activities are, or will be, performed:
| 3(c)(i). Address 1 | Franklin Templeton Park |
| 3(c)(ii). Address 2 | Plot #18-23 Financial Dist. Nanakramguda |
| 3(c)(iii). City | Hyderabad |
| 3(c)(iv). State or Country | INDIA |
| 3(c)(v). Postal Code | 500019 |
| 3(d). Is Mailing address different from response to Question 3c? If "yes" provide address(es): | Yes No |
| 3(d)(i). Address 1 | C/O FRANKLIN TEMPLETON INVESTOR SERVICES |
| 3(d)(ii). Address 2 | 3355 Data Drive, ATTN: GSS R&C |
| 3(d)(iii). City | RANCHO CORDOVA |
| 3(d)(iv). State or Country | CALIFORNIA |
| 3(d)(v). Postal Code | 95670 |
| 3(e). Telephone Number (Include Area Code) | 916-463-4350 |
| 4. Does Registrant conduct, or will it conduct, transfer agent activities at any location other than that given in Questions 3(c) above? If "Yes" provide address (es): | Yes No |
| 5. Does registrant act, or will it act, as a transfer agent solely for its own securities, and/or securities of an affiliate(s)? | Yes No |
| 6. Has registrant, as a named transfer agent, engaged, or will it engage, a service company to perform any transfer agent functions? | Yes No |
| 7. Has registrant been engaged, or will it be engaged as a service company by a named transfer agent to perform transfer agent functions? | Yes No |
If "Yes" provide the name(s) and File Number(s) of the named transfer agent(s) for which the registrant has been engaged, or will be engaged, as a service company to perform transfer agent functions:
Engaged transfer agent company information Related to item 7 Record: 1
| 7(a). Name | Franklin Templeton Investor Services, LLC |
| 7(b). File Number | |
| 7(c)(i). Address 1 | 3344 Quality Drive |
| 7(c)(ii). Address 2 | |
| 7(c)(iii). City | Rancho Cordova |
| 7(c)(iv). State or Country | CALIFORNIA |
| 7(c)(v). Postal Code | 95670 |
TA-1/A : Independent, Non-Issuer Registrant Information
Completion of Question 8 on this form is required by all independent, non-issuer registrants whose appropriate regulatory authority is the Securities and Exchange Commission. Those registrants who are not required to complete Question 8 should select "Not Applicable".
| 8. Is registrant a: | Other | Private Limited Company |
Section for Initial Registration and for Amendments Reporting Additional Persons.
Proprietor or other entity information Related to item 8 Record: 1
| 8(a)(i). Full Name | Franklin Templeton Holding Limited |
| 8(a)(ii). Relationship Start Date | 01/02/2002 |
| 8(a)(iii). Title or Status | 100% Ownership |
| 8(a)(iv). Description of Authority | 100% Sole ownership and control |
| 8(a)(v). Relationship End Date | |
Proprietor or other entity information Related to item 8 Record: 2
| 8(a)(i). Full Name | Vijay C. Advani |
| 8(a)(ii). Relationship Start Date | 01/02/2002 |
| 8(a)(iii). Title or Status | Director |
| 8(a)(iv). Description of Authority | Member of Board of Directors |
| 8(a)(v). Relationship End Date | 10/09/2014 |
Proprietor or other entity information Related to item 8 Record: 3
| 8(a)(i). Full Name | Jennifer M. Johnson |
| 8(a)(ii). Relationship Start Date | 01/12/2004 |
| 8(a)(iii). Title or Status | Director |
| 8(a)(iv). Description of Authority | Member of Board of Directors |
| 8(a)(v). Relationship End Date | 10/09/2014 |
Proprietor or other entity information Related to item 8 Record: 4
| 8(a)(i). Full Name | Basil K. Fox, Jr. |
| 8(a)(ii). Relationship Start Date | 01/12/2004 |
| 8(a)(iii). Title or Status | Director |
| 8(a)(iv). Description of Authority | Member of Board of Directors |
| 8(a)(v). Relationship End Date | 10/09/2014 |
Proprietor or other entity information Related to item 8 Record: 5
| 8(a)(i). Full Name | Vivek Kudva |
| 8(a)(ii). Relationship Start Date | 01/12/2004 |
| 8(a)(iii). Title or Status | Director |
| 8(a)(iv). Description of Authority | Member of Board of Directors |
| 8(a)(v). Relationship End Date | 12/06/2019 |
Proprietor or other entity information Related to item 8 Record: 6
| 8(a)(i). Full Name | Alok Sethi |
| 8(a)(ii). Relationship Start Date | 11/30/2004 |
| 8(a)(iii). Title or Status | Director |
| 8(a)(iv). Description of Authority | Member of Board of Directors |
| 8(a)(v). Relationship End Date | |
Proprietor or other entity information Related to item 8 Record: 7
| 8(a)(i). Full Name | William Jackson |
| 8(a)(ii). Relationship Start Date | 02/23/2012 |
| 8(a)(iii). Title or Status | Director |
| 8(a)(iv). Description of Authority | Member of Board of Directors |
| 8(a)(v). Relationship End Date | 06/13/2013 |
Proprietor or other entity information Related to item 8 Record: 8
| 8(a)(i). Full Name | Jayaram Subramaniam |
| 8(a)(ii). Relationship Start Date | 12/21/2010 |
| 8(a)(iii). Title or Status | Alternate Director to Basil K. Fox, Jr. |
| 8(a)(iv). Description of Authority | Alternate Member of Board of Directors |
| 8(a)(v). Relationship End Date | 10/09/2014 |
Proprietor or other entity information Related to item 8 Record: 9
| 8(a)(i). Full Name | Ramakrishna Mallimadugula |
| 8(a)(ii). Relationship Start Date | 06/27/2013 |
| 8(a)(iii). Title or Status | Additional Director |
| 8(a)(iv). Description of Authority | Member of Board of Directors |
| 8(a)(v). Relationship End Date | 06/30/2015 |
Proprietor or other entity information Related to item 8 Record: 10
| 8(a)(i). Full Name | Jayaram Subramaniam |
| 8(a)(ii). Relationship Start Date | 10/28/2014 |
| 8(a)(iii). Title or Status | Additional Director |
| 8(a)(iv). Description of Authority | Member of Board of Directors |
| 8(a)(v). Relationship End Date | 01/23/2015 |
Proprietor or other entity information Related to item 8 Record: 11
| 8(a)(i). Full Name | Gopal A. Singh |
| 8(a)(ii). Relationship Start Date | 06/22/2009 |
| 8(a)(iii). Title or Status | Secretary |
| 8(a)(iv). Description of Authority | Officer |
| 8(a)(v). Relationship End Date | 12/28/2018 |
Proprietor or other entity information Related to item 8 Record: 12
| 8(a)(i). Full Name | Jayaram Subramaniam |
| 8(a)(ii). Relationship Start Date | 01/23/2015 |
| 8(a)(iii). Title or Status | Director |
| 8(a)(iv). Description of Authority | Member of Board of Directors |
| 8(a)(v). Relationship End Date | |
Proprietor or other entity information Related to item 8 Record: 13
| 8(a)(i). Full Name | Ramakrishna Mallimadugula |
| 8(a)(ii). Relationship Start Date | 06/30/2015 |
| 8(a)(iii). Title or Status | Whole-time Director |
| 8(a)(iv). Description of Authority | Member of Board of Directors |
| 8(a)(v). Relationship End Date | |
Proprietor or other entity information Related to item 8 Record: 14
| 8(a)(i). Full Name | Sravya Kandukuri |
| 8(a)(ii). Relationship Start Date | 03/20/2019 |
| 8(a)(iii). Title or Status | Secretary |
| 8(a)(iv). Description of Authority | Officer |
| 8(a)(v). Relationship End Date | |
9. Does any person or entity not named in the answer to Question 8:
| 9(a). directly or indirectly, through agreement or otherwise exercise or have the power to exercise control over the management or policies of applicant, or;…. | Yes No |
Entity information Related to item 9(a) Record: 1
| 9(a)(i). Exact name of each person or entity: | Franklin Templeton Capital Holdings Private Limited |
| 9(a)(ii). Description of the Agreement or other basis: | 100% Ownership of Franklin Templeton Holding Limited |
Entity information Related to item 9(a) Record: 2
| 9(a)(i). Exact name of each person or entity: | Templeton International, Inc. |
| 9(a)(ii). Description of the Agreement or other basis: | 100% Ownership of Franklin Templeton Capital Holdings Private Limited |
Entity information Related to item 9(a) Record: 3
| 9(a)(i). Exact name of each person or entity: | Templeton Worldwide, Inc. |
| 9(a)(ii). Description of the Agreement or other basis: | 100% Ownership of Templeton International, Inc. |
Entity information Related to item 9(a) Record: 4
| 9(a)(i). Exact name of each person or entity: | Franklin Resources, Inc. |
| 9(a)(ii). Description of the Agreement or other basis: | 100% Ownership of Templeton Worldwide, Inc. |
| 9(b). wholly or partially finance the business of the applicant, directly or indirectly, in any manner other than by a public offering of securities made pursuant to the Securities Act of 1933 or by credit extended in the ordinary course of business by suppliers, banks and others?….. | Yes No |
TA-1/A : 10. Applicant and Control Affiliate Disciplinary History
The following definitions apply for purposes of answering this Question 10
| Control Affiliate | - An individual or firm that directly or indirectly controls, is under common control with, or is controlled by applicant. Included are any employees identified in 8(a), 8(b), 8(c) of this form as exercising control. Excluded are any employees who perform solely clerical, administrative support of similar functions, or who, regardless of title, perform no executive duties or have no senior policy making authority. |
| Investment or investment related | - Pertaining to securities, commodities, banking, insurance, or real estate (including, but not limited to, acting as or being associated with a broker dealer, investment company, investment adviser, futures sponsor, bank, or savings and loan association). |
| Involved | - Doing an act of aiding, abetting, counseling, commanding, inducing, conspiring with or failing reasonably to supervise another in doing an act. |
10(a). In the past ten years has the applicant or a control affiliate been convicted of or plead guilty or nolo contendere ("no contest") to:
| 10(a)(1). a felony or misdemeanor involving: investments or an investment-related business, fraud, false statements or omissions, wrongful taking of property, or bribery, forgery, counterfeiting, or extortion? | Yes No |
| 10(a)(2). any other felony? | Yes No |
| 10(b). Has any court in the past ten years: |
| 10(b)(1). enjoined the applicant or a control affiliate in connection with any investment-related activity? | Yes No |
| 10(b)(2). found that the applicant or control affiliate was involved in a violation of investment-related statutes or regulations? | Yes No |
| 10 (c). Has the U.S. Securities and Exchange Commission or the Commodity Futures Trading Commission ever: |
| 10(c)(1). found the applicant or control affiliate to have made a false statement or omission? | Yes No |
Entity information Related to item 10(c)(1) Record: 1
| 10(c)(1)(i). The individuals named in the Action | Franklin Advisers, Inc. (FAV) |
| 10(c)(1)(ii). Title of Action | In the matter of FAV, Adminstrative Proceeding File No. 3-11572 |
| 10(c)(1)(iii). Date of Action | 08/02/2004 |
| 10(c)(1)(iv). The Court or body taking the Action and its location | U.S. Securities and Exchange Commission (SEC) |
| 10(c)(1)(v). Description of the Action | The action concerned the SEC's investigation of market timing activity. |
| 10(c)(1)(vi). The disposition of the proceeding | FAV and the SEC reached an agreement that resolved the issues resulting from the investigation into market timing activity. |
Entity information Related to item 10(c)(1) Record: 2
| 10(c)(1)(i). The individuals named in the Action | FAV and Franklin Templeton Distributors, Inc. (FTDI) |
| 10(c)(1)(ii). Title of Action | In the matter of FAV and FTDI, Adminsitrative Proceeding File No. 3-11769 |
| 10(c)(1)(iii). Date of Action | 12/13/2004 |
| 10(c)(1)(iv). The Court or body taking the Action and its location | SEC |
| 10(c)(1)(v). Description of the Action | The action concerned the SEC's investigation of marketing support payments to securities dealers who sell fund shares. |
| 10(c)(1)(vi). The disposition of the proceeding | FAV and FTDI reached an agreement with the SEC that resolved the issues resulting from the investigation into marketing support payments to securities dealers who sell fund shares. |
| 10(c)(2). found the applicant or control affiliate to have been involved in a violation of its regulation or statutes? | Yes No |
Entity information Related to item 10(c)(2) Record: 1
| 10(c)(2)(i). The individuals named in the Action | FAV |
| 10(c)(2)(ii). Title of Action | IN the matter of FAV, Adminstrative Proceeding File No. 3-11572 |
| 10(c)(2)(iii). Date of Action | 08/02/2004 |
| 10(c)(2)(iv). The Court or body taking the Action and its location | SEC |
| 10(c)(2)(v). Description of the Action | The action concerned the SEC's investigation of market timing activity. |
| 10(c)(2)(vi). The disposition of the proceeding | FAV and the SEC reached an agreement that resolved the issues from the investigation into market timing activity. |
Entity information Related to item 10(c)(2) Record: 2
| 10(c)(2)(i). The individuals named in the Action | FAV and FTDI |
| 10(c)(2)(ii). Title of Action | In the matter of FAV and FTDI, Adminsitrative Proceeding No. 3-11769 |
| 10(c)(2)(iii). Date of Action | 12/13/2004 |
| 10(c)(2)(iv). The Court or body taking the Action and its location | SEC |
| 10(c)(2)(v). Description of the Action | The action concerned the SEC's investigation of marketing support payments to securities dealers who sell fund shares. |
| 10(c)(2)(vi). The disposition of the proceeding | FAV and FTDI reached an agreement with the SEC that resolved the issues resulting from the investigation into marketing support payments to securities dealers who sell fund shares. |
Entity information Related to item 10(c)(2) Record: 3
| 10(c)(2)(i). The individuals named in the Action | Franklin Advisers, Inc (FAV) |
| 10(c)(2)(ii). Title of Action | FRANKLIN ADVISERS INC & FRANKLIN TEMPLETON INVESTMENTS CORP Case |
| 10(c)(2)(iii). Date of Action | 07/02/2020 |
| 10(c)(2)(iv). The Court or body taking the Action and its location | U.S. Securities and Exchange Commission (SEC), Washington D.C |
| 10(c)(2)(v). Description of the Action | On 7/2/20, the SEC entered an order instituting administrative and cease-and-desist proceedings pursuant to Section 9(f) of the Investment Company Act of 1940 (40 Act) and Sections 203(e) and 203(k) of the Investment Advisers Act of 1940, making findings, and imposing remedial sanctions and a cease-and-desist order against FAV. The SEC found that FAV (1) between 12/14 and 11/15, caused certain funds it manages to invest in shares of three unaffiliated ETFs in excess of the 10% investment limit under Section 12(d)(1)(A)(iii) of the 40 Act; (2) did not implement certain of the Funds policies and procedures (P&P) designed to prevent such violations, thereby causing the Funds to violate Rule 38a-1(a) of the 40 Act, and (3) in not reimbursing the Funds for losses that resulted from the corrective sale of one of the ETFs by offsetting gains realized from the corrective sale of two other ETFs, did not follow its P&P and did not disclose material information to the relevant Funds board, thereby violating Sections 206(2) and 206(4) and Rule 206(4)-7 of the Advisers Act. FAV later reported the losses to the Funds board and fully reimbursed the relevant Funds for the losses including interest. FAV neither admitted nor denied the SECs findings. |
| 10(c)(2)(vi). The disposition of the proceeding | Resolved by consent order. For purposes of settlement, FAV consented to the entry of the Order and a censure, and agreed to pay a civil monetary penalty of $250,000.00. |
Entity information Related to item 10(c)(2) Record: 4
| 10(c)(2)(i). The individuals named in the Action | Franklin Templeton Investments Corp. (FTIC) |
| 10(c)(2)(ii). Title of Action | FRANKLIN ADVISERS INC & FRANKLIN TEMPLETON INVESTMENTS CORP Case Number: 3-19854 |
| 10(c)(2)(iii). Date of Action | 07/02/2020 |
| 10(c)(2)(iv). The Court or body taking the Action and its location | U.S. Securities and Exchange Commission (SEC), Washington D. C. |
| 10(c)(2)(v). Description of the Action | On 7/2/2020, the SEC entered an order instituting administrative and cease-and-desist proceedings pursuant to Section 9(f) of the Investment Company Act of 1940 and Sections 203(e) and 203(k) of the Investment Advisers Act of 1940, making findings, and imposing remedial sanctions and a cease-and-desist order against FTIC (the Order). In the Order, the SEC found that at various points between October 2013 and September 2016, FTIC caused certain Franklin Templeton funds it manages to invest in shares of two unaffiliated exchanged-traded funds in excess of the 3% investment limit under Section 12(d)(1)(A)(i) of the Investment Company Act. FTIC neither admitted nor denied the SECs findings. |
| 10(c)(2)(vi). The disposition of the proceeding | Resolved by consent order. For purposes of settlement, FTIC consented to the entry of the Order and a censure, and agreed to pay a civil monetary penalty of $75,000.00. |
Entity information Related to item 10(c)(2) Record: 5
| 10(c)(2)(i). The individuals named in the Action | Legg Mason, Inc. |
| 10(c)(2)(ii). Title of Action | Exchg Act Rel #839948;Acctg&Auditing Rel #3961; Admin Proceeding File #3-18684 |
| 10(c)(2)(iii). Date of Action | 08/27/2018 |
| 10(c)(2)(iv). The Court or body taking the Action and its location | U.S. Securities and Exchange Commission (SEC), Washington D.C. |
| 10(c)(2)(v). Description of the Action | ON AUGUST 27, 2018, THE SEC ISSUED AN ORDER THAT FOUND THAT LEGG MASON HAD VIOLATED SECTION 13(B)(2)(B) OF THE SECURITIES EXCHANGE ACT OF 1934 BY FAILING TO DEVISE AND MAINTAIN A SYSTEM OF APPROPRIATE INTERNAL ACCOUNTING CONTROLS WITH RESPECT TO THE USE OF INTRODUCING BROKERS AND OTHER INTERMEDIARIES IN EMERGING MARKETS, INCLUDING LIBYA, AND THAT IMPOSED A CEASE AND DESIST ORDER ON LEGG MASON WITH RESPECT TO ANY VIOLATIONS OR FUTURE VIOLATIONS OF SECTION 13(B)(2)(B). PREVIOUSLY, LEGG MASON HAD SUBMITTED AN OFFER OF SETTLEMENT IN CONNECTION WITH THE MATTER WHICH THE SEC DETERMINED TO ACCEPT. THE ORDER RESOLVED A FCPA INVESTIGATION CONCERNING THE ACTIVITIES OF LEGG MASON'S FORMER PERMAL BUSINESS IN CONNECTION WITH MANAGING ASSETS OF LIBYAN GOVERNMENTAL ENTITIES IN STRUCTURES ESTABLISHED BY A THIRD-PARTY FINANCIAL INSTITUTION. THOSE INVESTMENTS WERE MADE IN CALENDAR YEARS 2005-2007 AND ALL WERE TERMINATED BY 2012. THE MATTER DOES NOT RELATE TO ANY CURRENT BUSINESS ACTIVITIES OR CLIENT RELATIONSHIPS OF LEGG MASON OR ANY AFFILIATE, AND WAS FOCUSED ON THE ACTIONS OF FORMER PERMAL EMPLOYEES WHO LEFT THAT FIRM FOUR OR MORE YEARS AGO. |
| 10(c)(2)(vi). The disposition of the proceeding | AGREED ORDER, DISGORGEMENT AND PREJUDGMENT INTEREST. SEPARATELY, ON 6/4/2018 LEGG MASON AGREED TO PAY A PENALTY AND DISGORGEMENT TO RESOLVE A U.S. DOJ INVESTIGATION INTO FCPA VIOLATIONS ARISING OUT OF THE SAME MATTER. THE SEC DISGORGEMENT AMOUNT WILL BE C |
| 10(c)(3). found the applicant or control affiliate to have been a cause of an investment-related business having its authorization to do business denied, suspended, revoked or restricted? | Yes No |
| 10(c)(4). entered an order denying, suspending or revoking the applicant’s or control affiliate’s registration or otherwise disciplined it by restricting its activities? | Yes No |
| 10(d). Has any other Federal regulatory agency or any state regulatory agency : |
| 10(d)(1). ever found the applicant or control affiliate to have made a false statement or omission or to have been dishonest, unfair, or unethical? | Yes No |
Entity information Related to item 10(d)(1) Record: 1
| 10(d)(1)(i). The individuals named in the Action | FAV and Franklin Templeton Alternative Strategies, Inc. (FTASI) |
| 10(d)(1)(ii). Title of Action | In the matter of FAV and FTASI, Docket No. E-2004-007 |
| 10(d)(1)(iii). Date of Action | 09/20/2004 |
| 10(d)(1)(iv). The Court or body taking the Action and its location | Securities Division Office of the Secretary of the Commonwealth of Massachusetts |
| 10(d)(1)(v). Description of the Action | The action concerned the Commonwealth of Massachusetts' investigation of market timing activity. |
| 10(d)(1)(vi). The disposition of the proceeding | FAV and FTASI reached an agreement with the Commonwealth of Massachusetts the resolved the issue resulting from the investigation of market timing activity. |
Entity information Related to item 10(d)(1) Record: 2
| 10(d)(1)(i). The individuals named in the Action | FRI |
| 10(d)(1)(ii). Title of Action | In the matter of FRI, Docket No. E-2004-0044 |
| 10(d)(1)(iii). Date of Action | 11/19/2004 |
| 10(d)(1)(iv). The Court or body taking the Action and its location | Securities Divison Office of the Secretary of the Commonwealth of Massachusetts |
| 10(d)(1)(v). Description of the Action | FRI's disclosure in Form 8-K regarding FAV and FTASI's agreement with the Commonwealth of Massachusetts that resolved the issues from the investigation of market timing activity. |
| 10(d)(1)(vi). The disposition of the proceeding | FRI and the Commonwealth of Massachusetts reached an agreement that resolved the issue resulting from FRI's Form 8-K disclosure. |
| 10(d)(2). ever found the applicant or control affiliate to have been involved in a violation of investment-related regulations or statutes? | Yes No |
Entity information Related to item 10(d)(2) Record: 1
| 10(d)(2)(i). The individuals named in the Action | FAV and FTASI |
| 10(d)(2)(ii). Title of Action | In the mattere of FAV and FTASI, Docket No. E-2004-007 |
| 10(d)(2)(iii). Date of Action | 09/20/2004 |
| 10(d)(2)(iv). The Court or body taking the Action and its location | Securities Division Office of the Secretary of the Commonwealth of Massachusetts |
| 10(d)(2)(v). Description of the Action | The action concerned the Commonwealth of Massachusetts' investigation of market timing activity. |
| 10(d)(2)(vi). The disposition of the proceeding | FAV and FTASI reached an agreement with the Commonwealth of Massachusetts that resolved the issue resulting from the investigation of market timing activity. |
Entity information Related to item 10(d)(2) Record: 2
| 10(d)(2)(i). The individuals named in the Action | FRI |
| 10(d)(2)(ii). Title of Action | In the matter of FRI, Docket No. E-2004-0044 |
| 10(d)(2)(iii). Date of Action | 11/19/2004 |
| 10(d)(2)(iv). The Court or body taking the Action and its location | Securities Division Office of the Secretary of the Commonwealth of Massachusetts |
| 10(d)(2)(v). Description of the Action | FRI's disclosure in Form 8-K regarding FAV and FTASI's agreement with the Commonwealth of Massachusetts that resolved the issues from the investigation of market timing activity. |
| 10(d)(2)(vi). The disposition of the proceeding | FRI and the Commonwealth of Massachusetts reached an agreement that resolved the issue resulting from FRI's Form 8-K disclosure. |
| 10(d)(3). ever found the applicant or control affiliate to have been a cause of an investment-related business having its authorization to do business Denied, suspended, revoked or restricted? | Yes No |
| 10(d)(4). in the past ten years entered an order against the applicant or control affiliate in connection with investment-related activity? | Yes No |
Entity information Related to item 10(d)(4) Record: 1
| 10(d)(4)(i). The individuals named in the Action | FAV and FTASI |
| 10(d)(4)(ii). Title of Action | In the matter of FAV and FTASI, Docket No. E-2004-007 |
| 10(d)(4)(iii). Date of Action | 09/20/2004 |
| 10(d)(4)(iv). The Court or body taking the Action and its location | Securities Division Office of the Secretary of the Commonwealth of Massachusetts |
| 10(d)(4)(v). Description of the Action | The action concerned the Commonwealth of Massachusetts' investigation of market timing activity. |
| 10(d)(4)(vi). The disposition of the proceeding | FAV and FTASI reached an agreement with the Commonwealth of Massachusetts that resolved the issues resulting from the investigation of market timing activity. |
Entity information Related to item 10(d)(4) Record: 2
| 10(d)(4)(i). The individuals named in the Action | FRI |
| 10(d)(4)(ii). Title of Action | In the matter of FRI, Docket No. E-2004-0044 |
| 10(d)(4)(iii). Date of Action | 11/19/2004 |
| 10(d)(4)(iv). The Court or body taking the Action and its location | Securities Division Office of the Secretary of the Commonwealth of Massachusetts |
| 10(d)(4)(v). Description of the Action | FRI's disclosure in Form 8-K regarding FAV and FTASI's agreement with the Commonwealth of Massachusetts that resolved the issues from the investigation of market timing activity. |
| 10(d)(4)(vi). The disposition of the proceeding | FRI and the Commonwealth of Massachusetts reached an agreement that resolved the issues resulting from FRI's Form 8-K disclosure. |
| 10(d)(5). ever denied, suspended, or revoked applicant’s or control affiliate’s registration or license, or prevented it from associating with an investment-related business, or otherwise disciplined it by restricting its activities? | Yes No |
| 10(d)(6). ever revoked or suspended the applicant’s or a control affiliate’s license as an attorney or accountant? | Yes No |
10(e). Has any self-regulatory organization or commodities exchange ever:
| 10(e)(1). found the applicant or a control affiliate to have made a false statement or omission? | Yes No |
| 10(e)(2). found the applicant or a control affiliate to have been involved in a violation of its rules? | Yes No |
| 10(e)(3). found the applicant or a control affiliate to have been the cause of an investment-related business losing its authorization to do business? | Yes No |
| 10(e)(4). disciplined the applicant or a control affiliate by expelling or suspending it from membership, by barring or suspending its association with other members, or by otherwise restricting its activities? | Yes No |
| 10(f). Has any foreign government, court, regulatory agency or exchange ever entered an order against the applicant or a control affiliate related to investments or fraud? | Yes No |
Entity information Related to item 10(f) Record: 1
| 10(f)(i). The individuals named in the Action | Franklin Templeton Investments Corp. (FTIC) |
| 10(f)(ii). Title of Action | Securities Act R.S.O. 1990, C.S. 5., as amended and FTIC |
| 10(f)(iii). Date of Action | 03/03/2005 |
| 10(f)(iv). The Court or body taking the Action and its location | Ontario Securities Commission (OSC) |
| 10(f)(v). Description of the Action | The action concerned the OSC's investigation into market timing activity. |
| 10(f)(vi). The disposition of the proceeding | FTIC and the OSC reached an agreement that resolved the issues resulting from the OSC 's investigation into market timing activity. |
Entity information Related to item 10(f) Record: 2
| 10(f)(i). The individuals named in the Action | Templeton Asset Management Ltd. (TAML) |
| 10(f)(ii). Title of Action | Stipulated Censure |
| 10(f)(iii). Date of Action | 12/14/2010 |
| 10(f)(iv). The Court or body taking the Action and its location | Hong Kong Securities and Futures Commission (SFC) |
| 10(f)(v). Description of the Action | SFC issued a public censure of TAML in connection with its finding that TAML breached Rule 22 of the Hong Kong Takeovers Code as a result of TAML's inadvertent failure to disclose its dealings in the shares of a Hong Kong company between January 26, 2010 and April 15, 2010. |
| 10(f)(vi). The disposition of the proceeding | Resolved. TAML cooperated with the SFC and consented to the censure in connection with its inadvertent failure to make disclosures required by the Takeovers Code. TAML publicly disclosed its holdings, but missed the additional code requirements. |
Entity information Related to item 10(f) Record: 3
| 10(f)(i). The individuals named in the Action | Franklin Templeton Asset Management (India) Private Limited |
| 10(f)(ii). Title of Action | Adjudication Order Number NP/JS/AO/4-6/2016 |
| 10(f)(iii). Date of Action | 05/03/2016 |
| 10(f)(iv). The Court or body taking the Action and its location | Securities and Exchange Board of India (SEBI) |
| 10(f)(v). Description of the Action | The SEBI issued a finding that an Indian-domiciled mutual fund was not operated in accordance with the SEBI regulations that stipulate the form of the fund's investment committee (IC) and require that the fund carry out all of its operations, including location of IC members, within India. In connection with that finding , the SEBI imposed a penalty on the fund, fund's trustee company and the adviser as manager of the fund in the amount of approximately US$14,672 (the equivalent of the INR amount as of the date of payment) which was paid by the adviser on behalf of all parties. |
| 10(f)(vi). The disposition of the proceeding | SEBI imposed a penalty on the fund, fund's trustee company and the adviser as manger of the fund of INR 1,000,000 (approximately US$14,672 as of the date of payment) was paid by the adviser on behalf of all the parties to resolve the matter on 11/29/2016. |
Entity information Related to item 10(f) Record: 4
| 10(f)(i). The individuals named in the Action | Franklin Templeton Investment Trust Management Co. LTD. (FTITMC); Certain Employees of Franklin Templeton Investment Trust Management Co. LTD. |
| 10(f)(ii). Title of Action | Regulatory Inspection |
| 10(f)(iii). Date of Action | 04/11/2019 |
| 10(f)(iv). The Court or body taking the Action and its location | Asset Management Examination Dept. of the Korean Financial Supervisory Service |
| 10(f)(v). Description of the Action | In connection with a review of FTITMC's risk management controls and procedures applicable to funds domiciled in Korea under Korean law, the Asset Management Examination Department of the Korean Financial Supervisory Service (FSS) alleged the following deficiencies in connection with the bankruptcies of certain portfolio holdings of certain such funds managed by FTITMC: failure to disclose the details of non-performing assets; failure to provide timely net asset value of such funds reflecting fair market valuation of debt/equity swaps; failure to manage the funds in line with trust agreements with respect to credit and asset limits; and failure to prepare adequate risk management standards for certain Korean domiciled funds that held loans to companies that entered into Chapter 11 bankruptcy in the U.S. FTITMC cooperated with the review throughout the administrative proceeding. |
| 10(f)(vi). The disposition of the proceeding | FSS imposed an institutional caution and fine of KRW 50 million, ultimately reduced to KRW 40 million (approximately $34,036 at time of payment) for timely payment. |
| 10(g). Is the applicant or a control affiliate now the subject of a proceeding that could result in a yes answer for questions 10(a) – 10(f) ? | Yes No |
Entity information Related to item 10(g) Record: 1
| 10(g)(i). The individuals named in the Action | Franklin Templeton Asset Mgmt (India) Private Ltd (FTAMI) Franklin Templeton Trustee Services Pvt Ltd (FTTS) Certain employees and directors of FTAMI |
| 10(g)(ii). Title of Action | Show Cause Notices |
| 10(g)(iii). Date of Action | 11/24/2020 |
| 10(g)(iv). The Court or body taking the Action and its location | Securities and Exchange Board of India (SEBI) |
| 10(g)(v). Description of the Action | ON NOVEMBER 24, 2020, SEBI ISSUED A "SHOW CAUSE NOTICE," INITIATING REGULATORY PROCEEDINGS AGAINST FTAMI IN CONNECTION WITH ITS MANAGEMENT OF SIX FUNDS WHICH WERE SUBJECT TO A DECISIO TAKEN BY FTTS TO WIND-UP THOSE FUNDS. ADDITIONAL SHOW CAUSE NOTICES WERE ISSUED ON DECEMBE 1, 2020, TO FTTS AND CERTAIN DIRECTORS AND EMPLOYEES OF FTAMI. SEBI ALLEGED CERTAIN DEFICIENCIE AND AREAS OF NON-COMPLIANCE WITH RESPECT TO DIFFERENTIATION BETWEEN PRODUCTS, RISK MANAGEMENT, CLASSIFICATION OF SECURITIES AND DUE DILIGENCE STANDARDS, AMONG OTHER THINGS. |
| 10(g)(vi). The disposition of the proceeding | THE MATTER IS PENDING. FTAMI, FTTS AND THE INDIVIDUAL RESPONDENTS ARE COOPERATING IN THIS MATTER. |
| 10(h). Has a bonding company denied, paid out on, or revoked a bond for the applicant or a control affiliate? | Yes No |
| 10(i). Does the applicant or a control affiliate have any unsatisfied judgments or liens against it? | Yes No |
TA-1/A : Signature
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a)
SIGNATURE: The registrant submitting this form, and as required, the SEC supplement and Schedules A-D, And the executing official hereby represent that all the information contained herein is true, correct and complete.
| 11(a). Signature of Official responsible for Form: | Sravya Kandukuri |
| 11(b). Telephone Number: | 91 40 66975918 |
| 11(c). Title of Signing Officer: | Secretary |
| 11(d). Date Signed (Month/Day/Year): | 01/25/2021 |
Yes