Common use of Anti-Money Laundering; Office of Foreign Asset Control Clause in Contracts

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.

Appears in 26 contracts

Samples: Transfer Agency and Service Agreement (Nuveen Variable Rate Preferred & Income Fund), Transfer Agency and Service Agreement (Nuveen Multi-Asset Income Fund), Transfer Agency and Service Agreement (Nuveen Core Plus Impact Fund)

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