Common use of AML Reporting Clause in Contracts

AML Reporting. On a quarterly basis, the Transfer Agent shall provide a report to the Fund on its performance of the AML Delegated Duties, among other compliance items, which report shall include information regarding the number of: (i) potential incidents involving unusual or suspicious activity, (ii) SARs and other reports or notices filed on behalf of the Fund, (iii) outstanding customer verification items, and (iv) potential and confirmed matches against the “Known Offender”, OFAC database and PEP database. Notwithstanding anything in this Section 4.3 to the contrary, the Transfer Agent reserves the right to amend and update the form of its AML reporting from time to time to comply with new or amended requirements of applicable law or to enhance its compliance program.

AML Reporting. On a quarterly basis, the Transfer Agent shall provide a report to the Fund on its performance of the AML Delegated Duties, among other compliance items, which report shall include information infonnation regarding the number of: (i) potential incidents involving unusual or suspicious activity, (ii) SARs and other reports or notices filed on behalf of the Fund, (iii) outstanding customer verification items, and (iv) potential and confirmed matches against the “"Known Offender”", OFAC database and PEP database. Notwithstanding anything in this Section 4.3 to the contrary, the Transfer Agent reserves the right to amend and update the form of its AML reporting from time to time to comply with new or amended requirements of applicable law or to enhance its compliance program.

AML Reporting. (a) On a quarterly basis, the Transfer Agent shall provide a report to the Fund Trust on its performance of the AML Delegated Duties, among other compliance items, which report shall include information regarding the number of: of (i) potential incidents involving cash and cash Schedule 1.2(f)-2 equivalents or unusual or suspicious activity, (ii) SARs Forms 8300 and other reports or notices SARS filed on behalf of the FundTrust, (iii) outstanding customer verification items, and (iv) potential and confirmed matches against the “Known Offender”, OFAC database and PEP databasein connection with FinCen requests. Notwithstanding anything in this Section 4.3 (a) to the contrary, the Transfer Agent reserves the right to amend and update the form of its AML reporting from time to time to comply with new or and amended requirements of applicable law or to enhance its compliance Compliance program.

AML Reporting. (a) On a quarterly basis, the Transfer Agent shall provide a report to the Fund Trust on its performance of the AML Delegated Duties, among other compliance items, which report shall include information regarding the number of: of (i) potential incidents involving cash and cash equivalents or unusual or suspicious activity, (ii) SARs Forms 8300 and other reports or notices SARS filed on behalf of the FundTrust, (iii) outstanding customer verification items, and (iv) potential and confirmed matches against the “Known Offender”, OFAC database and PEP databasein connection with FinCen requests. Notwithstanding anything in this Section 4.3 (a) to the contrary, the Transfer Agent reserves the right to amend and update the form of its AML reporting from time to time to comply with new or and amended requirements of applicable law or to enhance its compliance Compliance program.