Proscribed Investments. The Fund prohibits the investment of funds in the Fund by any persons or entities that are acting, whether directly or indirectly (i) in contravention of any United States, international or other applicable money laundering laws, regulations or conventions or (ii) on behalf of terrorists or terrorist organizations, including those persons or entities that are included on any relevant lists, including the list of Specially Designated Nationals and Blocked Persons maintained by the U.S. Office of Foreign Assets Control and any relevant lists maintained by the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authority, all as may be amended from time to time (“Proscribed Investments”).
Proscribed Investments. The Onshore Partnership prohibits the investment of funds in the Onshore Partnership by any persons or entities that are acting, whether directly or indirectly (i) in contravention of any United States, international or other applicable money laundering laws, regulations or conventions or (ii) on behalf of terrorists or terrorist organizations, including those persons or entities that are included on any relevant lists, including the list of Specially Designated Nationals and Blocked Persons maintained by the U.S. Office of Foreign Assets Control and any relevant lists maintained by the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authority, all as may be amended from time to time (“Proscribed Investments”).
Proscribed Investments. (a) The Investor has advised the Strategy and the Manager that under Massachusetts General Laws Chapter 32, §§ 23(2)(g)(ii) and (iii), no funds of the MWRA Employees’ Retirement System can be invested in any bank or financial institution which directly or through any subsidiary has outstanding loans to any individual corporation engaged in the manufacture, distribution or sale of firearms, munitions, including rubber or plastic bullets, tear gas, armored vehicles, or military aircraft for use or development in any activity in South Africa, and no investment of funds shall be made in the stocks, securities or other obligations of any company so engaged; provided, however, that the funds invested in banks, financial institutions or any companies doing business in South Africa, excluding the aforementioned, must be companies which have adopted the platform of guiding principles for investing in South Africa set forth at General Laws Chapter 32, § 23(5) so long as such use is consistent with sound investment policy, and provided further, however, that no funds are to be invested in any bank or financial institution which directly or through any subsidiary has outstanding loans to any individual corporation engaged in the manufacture, distribution or sale of firearms, munitions, including rubber or plastic bullets, tear gas, armored vehicles, or military aircraft for use or development in any activity in Northern Ireland, and no funds shall be invested in the stocks, securities or other obligations of any company so engaged.
