Laundering Services. MSSCI agrees to comply with all aspects of anti-money laundering laws and regulations to the extent applicable to MSSCI under applicable laws in connection with services hereunder, including any such applicable aspects the Bank Secrecy Act, as amended by the USA PATRIOT Act, and implementing regulations of the Bank Secrecy Act and applicable guidance issued by the SEC and the guidance and rules of the applicable Exchanges, SROs and FINRA. The Fund is responsible for its compliance with anti-money laundering regulations and guidance applicable to it. MSSCI will assist the Fund in meeting its obligations by carrying out the services set forth below (the “Delegated Duties”). For purposes of the Delegated Duties, it will be assumed that the Fund is a financial institution subject to U.S. anti-money laundering laws (“AML Laws”). The Fund will adopt anti-money laundering operational guidelines (the “AML Program”) and MSSCI agrees to perform the Delegated Duties in accordance with the AML Program, provided the AML Program and any material amendments thereto be submitted to MSSCI for its review and consent. The following services are hereby delegated to MSSCI: MSSCI shall perform the AML Services for the Fund’s prospective shareholders and will determine whether the customer appears on the publicly available lists published by the U.S. government of terrorist organizations and blocked persons. MSSCI will monitor, identify and report suspicious activities that are required to be so identified and reported to the Fund’s AML Compliance Officer, consistent with the AML Program and as set forth on the attached schedule. MSSCI will place holds on transactions in shareholder accounts or freeze assets in shareholder accounts, in accordance with AML Program and create documentation to provide a basis for law enforcement authorities to trace illicit funds. MSSCI will maintain, in accordance with the AML Program, all records or other documentation related to shareholder accounts and transactions therein that are required by law and pursuant to the AML Program to be prepared and maintained by MSSCI for the requisite period. MSSCI will make all such records and documentation available for inspection by (i) the Fund’s AML Compliance Officer, (ii) any auditor of the Fund’s AML Program or related procedures, policies or controls that have been designated by the Fund in writing, or (iii) regulatory or law enforcement authorities, (vi) where appropriate, the Directors and Officers ...
Laundering Services. 1. The University shall provide laundering services to all Residents at no cost for white coats and scrubs at the University.
Laundering Services. 1. The University shall provide laundering services to all Residents at no cost for white coats scrubs at UC Xxxxx.
Laundering Services. Dear Sir/Madam: This letter constitutes our agreement with respect to compensation to be paid to PFPC Inc. (“PFPC”) under the terms of an Anti-Money Laundering Amendment dated on or about the date hereof (the “Amendment”) to the Transfer Agency and Services Agreement dated April 1st 1998 (the “Agreement”) between Forward Funds (the “Company”) and PFPC for anti-money laundering (“AML”) services provided to or on behalf of the Company. In consideration only of the AML services to be provided to the Company, the Company will pay PFPC an annual AML services fee to be calculated and paid monthly as set forth below. Such fees are in addition to, and in no way replace, other fees to which the parties hereto have agreed in connection with the Agreement or any amendment thereto.
Laundering Services. In each case consistent with and as required or permitted by the written anti-money laundering program (“AML Program”) of the Trust:
Laundering Services. The Financial Crimes Enforcement Network (“FinCEN”) issues requests for information under Section 314(a) of the USA PATRIOT Act every two weeks. The Trust designates the Administrator to receive 314(a) requests from FinCEN on behalf of the Trust. Upon receiving a request from FinCEN, the Administrator, on behalf of the Trust, will forward the request to the Trust’s transfer agent, DST Systems, Inc., to scan shareholder records for matches with names on the request list as required under Section 314(a). The Administrator will communicate any matches to FinCEN within 2 weeks from the posting date of the 314(a) request. The Trust may register under Section 314(b) of the USA PATRIOT Act. If the Trust so registers, the Trust designates the Administrator to receive 314(b) requests from financial institutions on behalf of the Trust. Upon receiving a 314(b) request from a financial institution, the Administrator, on behalf of the Trust, will forward the request to the Trust’s transfer agent, DST Systems, Inc., to scan shareholder records for matches with names on the request list pursuant to Section 314(b). The Administrator will communicate any matches to the financial institution in accordance with Section 314(b). The Administrator will maintain, for a period of not less than five years, copies of all records and communications, including training materials, as are reasonably necessary, consistent with applicable law, to document the implementation and operation of these anti-money laundering services.
