Circulars
Published Date: 28 October 2015

CMI 03/2015 Circular to Fund Management Companies on Enhancing Anti-Money Laundering & Countering the Financing of Terrorism Measures and Business Conduct

Circular to Fund Management Companies on Enhancing Anti-Money Laundering & Countering the Financing of Terrorism Measures and Business Conduct
This circular was issued following a series of thematic inspections carried out between 2014 and 2015 which covered licensed and registered fund management companies, with regard to their AML/CFT practices, handling of customers’ moneys and assets, and record keeping. It sets out common findings, and good practices observed during the inspections.