Common use of Anti-money Laundering Compliance Services Clause in Contracts

Anti-money Laundering Compliance Services. Should the parties agree that Foreside will provide additional fund compliance services related to anti-money laundering, Foreside shall work with the Trust to review, maintain and update written compliance policies and procedures which shall be reasonably designed to prevent the Trust from violating applicable anti-money laundering laws and regulations. The corresponding documents and related amendments, designed to ensure compliance, shall become effective as the fund anti-money laundering program, upon the approval of the Board (collectively, the “Fund Anti-money Laundering Compliance Program”). Each party will sign the Schedule B-1, detailing the anti-money laundering compliance services, should the parties wish to include these in the agreed upon services.