Ongoing Customer Due Diligence. The Transfer Agent shall maintain risk-based internal controls and procedures reasonably designed for conducting ongoing due diligence of Fund Investors, including, but not limited to, understanding the nature and purpose of Fund Investor relationships to develop Fund Investor risk profiles and conducting risk-based monitoring to maintain and update Fund Investor information.
Appears in 5 contracts
Samples: Transfer Agency and Service Agreement (Tiff Investment Program), Transfer Agency and Service Agreement (MassMutual Access Pine Point Fund), And Consolidated Transfer Agency and Service Agreement (Massmutual Select Funds)
Ongoing Customer Due Diligence. The Transfer Agent shall maintain and follow risk-based internal controls and procedures reasonably designed for conducting ongoing due diligence of Fund Investorsinvestors, including, but not limited to, understanding the nature and purpose of Fund Investor investor relationships to develop Fund Investor investor risk profiles and conducting risk-based monitoring to maintain and update Fund Investor investor information.. Information Classification: Limited Access Information Classification: Limited Access
Appears in 1 contract
Samples: Transfer Agency and Service Agreement (BlackRock Private Investments Fund)
