Anti-Money Laundering; Office of Foreign Asset Control Clause Samples
Anti-Money Laundering; Office of Foreign Asset Control. Transfer Agent will comply with any laws or regulations relating to anti-money laundering applicable to Transfer Agent with respect to Fund’s Shareholders, including compliance with Office of Foreign Assets Control (“OFAC”) laws or regulations, currency transaction reporting laws and regulations and suspicious activity reporting and recordkeeping requirements, by adopting appropriate compliance policies, procedures, and internal controls. Compliance with OFAC laws or regulations will include periodic screening of the Funds’ Shareholders against updated OFAC lists. The results of the screening will be provided to the Fund in monthly management report certifications. An annual OFAC attestation will also be provided by the Transfer Agent to the Fund regarding OFAC-related screening results over the prior year.
Anti-Money Laundering; Office of Foreign Asset Control. Agent will comply with any laws or regulations relating to anti-money laundering applicable to Agent with respect to Fund’s Shareholders, including compliance with Office of Foreign Asset Control laws or regulations, currency transaction reporting laws and regulations and suspicious activity reporting and recordkeeping requirements, by adopting appropriate compliance policies, procedures, and internal controls.
Anti-Money Laundering; Office of Foreign Asset Control. Agent will comply with any applicable laws or regulations relating to anti-money laundering applicable to Agent with respect to the Trust and its Shareholders, as well as compliance with Office of Foreign Assets Control (“OFAC”) laws or regulations, currency transaction reporting laws and regulations and suspicious activity reporting and recordkeeping requirements, by adopting appropriate compliance policies, procedures, and internal controls. Compliance with OFAC laws or regulations will include periodic screening of the Trust and its Shareholders against updated OFAC lists. Upon the Trust’s written request, Computershare will provide confirmation to the Trust that it is in full compliance with OFAC regulations, including screening, blocking and reporting for the prior year.
Anti-Money Laundering; Office of Foreign Asset Control. Agent will comply with any laws or regulations relating to anti-money laundering applicable to Agent with respect to Company’s Shareholders, including compliance with Office of Foreign Asset Control laws or regulations, currency transaction reporting laws and regulations and suspicious activity reporting and recordkeeping requirements, by adopting appropriate compliance policies, procedures, and internal controls. Compliance with OFAC laws or regulations will include periodic screening of Company and its Shareholders against updated OFAC lists. Upon Company’s written request, Computershare will provide confirmation to Company that it is in full compliance with OFAC regulations, including screening, blocking and reporting for the prior year.
Anti-Money Laundering; Office of Foreign Asset Control. Agent will comply with any laws or regulations relating to anti-money laundering applicable to Agent with respect to Company’s Shareholders, including compliance with Office of Foreign Assets Control (“OFAC”) laws or regulations, currency transaction reporting laws and regulations and suspicious activity reporting and recordkeeping requirements, by adopting appropriate compliance policies, procedures, and internal controls. Compliance with OFAC laws or regulations will include periodic screening of the Company’s Shareholders against updated OFAC lists. Positive reports of blocked property as the results of the screening will be provided to Company within a reasonable timeframe.