Expect banks to scrutinize your AML processes – CSC

Russian sanctions highlight the importance of ongoing AML/KYC monitoring.

Compliance: Private funds may not be directly subject to AML regulations, but their banks are. In a webinar hosted by CSC Global and the Financial Executives Alliance, experts warned that banks will be requiring fund managers to be enacting bank-like due diligence and surveillance of their exposures.

Email prepared by Graham Bippart