AML legal framework applicable to registered AIFMs: Recent Episodes
BSP | Bonn Steichen & Partners
Recent legal developments and AML requirements applicable to registered Alternative Investment Fund Managers.
When and how AIFMs can perform simplified due diligence on their clients, when and how they must perform an enhanced due diligence and the interaction of AIFMs with the CSSF on AML matters.
When do you have to do so in accordance with the AML regulations? What are the standard due diligence checks that are commercially accepted when the customer is a natural person? What kind of checks are needed for #intermediaries subscribing to the funds managed by AIFMs on behalf of third parties?
Episode 2 - We look more closely at the risk-based analysis that an AIFM has to carry out and the extent to which certain of the AML functions can be outsourced.
Episode 1 - How registered AIFMs are fully in scope of the AML regulation and what type of governance arrangements needed to be in place to fully comply with the rules. The role of the RR and the RC.