BlackList

Fund administrators have increased focus on anti-terrorism and anti-money laundering activities and compliance in response to new laws and regulations. Currently, the Office of Foreign Assets Control (OFAC) in the United States, the Financial Services Authority (FSA) in the United Kingdom, and financial regulators in many European Union countries require regulated entities to confirm they do not hold assets on behalf of so-called listed persons.

In the past, fund administrators have used manual and other processes to check black lists of prohibited persons and entities provided by the authorities against holders contained in their share registers.

To learn more about NTAS® Blacklist functionality please click the Request a Demo button.