ANTI MONEY LAUNDERING (AML) SERVICES

AML

Centaur provides a complete portfolio of AML Services to track, monitor and report on AML compliance.

AML SERVICES SUMMARY

INVESTOR DUE DILIGENCE

  • Review of investor details, source of wealth and source of funds
  • Collection and ongoing maintenance of required AML due diligence documentation.
  • Enhanced due diligence, senior management review and sign off for politically exposed persons (“PEPs”) or other higher risk investor profiles.
  • Regular monitoring and follow up on outstanding AML due diligence documentation.

RISK ASSESSMENT AND ONGOING INVESTOR SCREENING

  • Screening performed against the World-Check data file, fully integrated with the Investor Services platform, Mantra
  • World-Check monitors over 400 sanctions lists, watch-lists, regulatory and law enforcement information sources, including OFAC, EU, UN and UK HMT
  • Investors are screened against World-Check upon initial subscription and on a weekly basis
  • Each investor risk assessment takes account of screening results, investor type/complexity and jurisdiction
  • Ongoing due diligence and risk reviews occur at a frequency determined by the risk rating assigned to the investor following the risk assessment process.

COMPLIANCE MONITORING

  • Ongoing monitoring of outstanding AML due diligence and risk ratings
  • Quarterly testing of records for compliance with AML regulations and adherence to internal policies and procedures
  • Review of the effectiveness of AML systems and controls

COMMUNICATION

  • Ongoing client communication regarding AML compliance
  • Initial and ongoing communication with investors to secure AML compliance
  • Provision of AML certifications and representations to third parties, upon request.

COMPLIANCE REPORTING

  • Monthly client reporting on investor AML status
  • AML risk and compliance reporting at each Fund board meeting.

RELATED CONTACTS

North America


Leslie Dewhurst
Manager Investor Services, USA
+1 (201) 335 1279
Leslie.dewhurst@centaurfs.com

 


Neil MacGuinness
Head of Investor Services, Bermuda
+441 405 2410
Neil.macguinness@centaurfs.com

Europe / ROW

Noel McGrath Head of Investor Services
Noel McGrath
Head of Investor Services
+353 (1) 899 2427
Noel.McGrath@centaurfs.com

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