Delegation. 1.1 In order to assist the Fund with the Fund’s AML responsibilities under applicable AML laws, DST offers certain risk-based AML Procedures that are reasonably designed to: (i) promote the detection and reporting of potential money laundering activities; and (ii) assist in the verification of persons opening accounts with the Fund. The Fund has had an opportunity to review the AML Procedures with DST and desires to implement the AML Procedures as part of the Fund’s overall AML program.
Appears in 108 contracts
Samples: Services Agreement (Kennedy Lewis Capital Co), Services Agreement (Federated Hermes Income Securities Trust), Services Agreement (Federated Hermes Core Trust III)
Delegation. 1.1 In order to assist the Fund with the Fund’s AML responsibilities under applicable AML laws, SS&C DST offers certain risk-based AML Procedures that are reasonably designed to: (i) promote the detection and reporting of potential money laundering activities; and (ii) assist in the verification of persons opening accounts with the Fund. The Fund has had an opportunity to review the AML Procedures with SS&C DST and desires to implement the AML Procedures as part of the Fund’s overall AML program.
Appears in 2 contracts
Samples: Services Agreement (Alpha Alternative Assets Fund), Services Agreement (MVP Private Markets Fund)