---
title: "Investment Mandate / IPS — Investment Policy Statement & Discretionary Mandate Authority — KYE Protocol™ coverage"
description: "Investment Mandate / IPS — Investment Policy Statement & Discretionary Mandate Authority coverage by KYE Protocol™ — every requirement bijection-mapped to the KYE™ artefact that enforces it."
url: https://kyeprotocol.com/compliance/investment-mandate-ips/
lang: en
source: "KYE Protocol"
---

> Investment Mandate / IPS — Investment Policy Statement & Discretionary Mandate Authority coverage by KYE Protocol™ — every requirement bijection-mapped to the KYE™ artefact that enforces it.

Investment Mandate / IPS — Investment Policy Statement & Discretionary Mandate Authority

# Investment Mandate / IPS — Investment Policy Statement & Discretionary Mandate Authority — 50% of in-scope requirements covered.

4 requirements · 4 in scope (4 designed). The 50% is weighted over the in-scope base.

**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-authority` **dictionaries**: `internal` **constitution\_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-authority` **dictionaries**: `internal` **constitution\_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-authority` **constitution\_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-authority` **dictionaries**: `internal` **constitution\_refs**: `constitution/13-RESILIENCE-LOOP.md` |

Canonical KYE™ surfaces referenced on this page: [KYE Protocol™](https://kyeprotocol.com/).