Anti-Money Laundering definition

Anti-Money Laundering. (“AML Services”). With respect to Participant Accounts associated with the Plans, BOSTON FINANCIAL shall carry out the AML Services set forth in Schedule 19.E.

Anti-Money Laundering. (“AML”) & Know Your Customer (“KYC”) Legislation”, when used in this Agreement, unless the context otherwise requires, shall mean, collectively, Directive 2005/60/EC of the European Parliament and of the Council of 26 October 2005 on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing, as implemented in Cyprus law by Cyprus Law No. 188(I)/2007 and Cyprus Law No. L58(I)/2010 on the prevention and suppression of money laundering and terrorist financing, as the same may be in force from time to time and modified or amended from time to time;

Anti-Money Laundering is defined in Section 5.16(c).

Examples of Anti-Money Laundering in a sentence

• The Adviser acknowledges that, in compliance with the Bank Secrecy Act, as amended, the USA PATRIOT Act, and any implementing regulations thereunder (together, “AML Laws”), the Trust has adopted an Anti-Money Laundering Policy.

• The Transfer Agent agrees to perform the Delegated Anti-Money Laundering Duties and the Delegated Identity Theft Prevention Duties, with respect to ownership of shares in the Fund for which the Transfer Agent maintains the applicable information subject to and in accordance with the terms and conditions of the Contract.

• Subject to the terms and conditions set forth herein, the Trust hereby delegates to the Transfer Agent the Delegated Anti-Money Laundering Duties and, where applicable, the Delegated Identity Theft Prevention Duties that are set forth in the Trust’s Anti-Money Laundering (“AML”) Program and Identity Theft Prevention Program (“IDTPP”) as described below.

• The AML Program includes the Delegated Anti-Money Laundering Duties and reflects the Fund’s practices for detecting, preventing and reporting money laundering, terrorist financing, and certain other criminal activity.

• In general, the term “Delegated Anti-Money Laundering Duties” encompasses the functions necessary to fulfill obligations that are imposed upon the Trust and its Fund by the BSA and that relate to information maintained or transactions processed by the Transfer Agent (collectively, the “BSA Obligations”).

More Definitions of Anti-Money Laundering

Anti-Money Laundering. (“AML”) & Know Your Customer (“KYC”) Legislation”, when used in the Agreement and/or any agreements by and between us, including, without limitation, these Terms and Conditions, unless the context otherwise requires, shall mean, collectively, Directive 2005/60/EC of the European Parliament and of the Council of 26 October 2005 on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing, as implemented in Cyprus law by Cyprus Law No. 188(I)/

Anti-Money Laundering. Anti-Terrorism Laws” is defined in Section 5.16(c).

Anti-Money Laundering. Laws” Section 3.27

Anti-Money Laundering. AML /CFT Rules and Regulations” means any anti-money laundering rules and regulations issued by the Central Bank of Kenya or any other regulatory body whether in Kenya or elsewhere;

Anti-Money Laundering includes policies, laws and regulations enacted by different authorities for the purposes of preventing financial crimes related to illegally obtained funds.

Anti-Money Laundering means laws, regulations and procedures aimed at uncovering efforts to disguise illicit funds as legitimate income;

Anti-Money Laundering. “AML”) Legislation”, The Money Laundering and Terrorism (Prevention) Act 2008 and the Money Laundering (Prevention) Regulations 1998, when used in this Agreement, shall mean collectively, unless otherwise provided for in the context, as may be in force from time to time and modified or amended from time to time;