ANST definition
Examples of ANST in a sentence
GFS agrees to consult first with ANST before engaging in any non-routine legal consultation that may result in additional legal costs to ANST, the Trust or the Funds.
In consideration of the performance of the duties by ANST pursuant to this Section, the Trust agrees to pay ANST for the reasonable administrative expenses that may be associated with such additional duties.
Such duties delegated to ANST include procedures reasonably designed to prevent and detect money laundering activities and to ensure that each Fund can have a reasonable belief that it knows the identity of each person or entity opening an account with the Fund.
ANST agrees to treat all Trust Proprietary Information and Customer Data as proprietary to the Trust and further agrees that it shall not divulge any Trust Proprietary Information or Customer Data to any person or organization except as may be provided under this Agreement or as may be directed by the Trust or as may be duly requested by regulatory authorities.
ANST shall provide for proper supervision and training of its personnel.
To the extent that a Fund has covered accounts that allow redemption proceeds to go to third parties, ANST will assume Anti-Identity Theft monitoring duties for the Fund under this Agreement, pursuant to legal requirements.
ANST may, in its sole discretion, use the services of a third party to perform some of or all such services.
GFS may pay such persons for their services, but no such payment will increase fees due from ANST hereunder.
ANST shall preserve the Records, as they are required to be maintained and preserved by Rule 31a-1 under the 1940 Act.
To the extent that the Customer’s identity cannot be verified by relying on documents, other methods may be used by ANST, including, (i) contacting a Customer; (ii) independently verifying the Customer’s identity through the comparison of information provided by the Customer with information obtained from a consumer reporting agency, public database, or other source; (iii) checking references with other financial institutions; and (iv) obtaining a financial statement.