Atlas News

Learn more about the latest developments at Altas

Vendor Management of Investor Data

29 August 2016
Vendor Management of Investor Data

As the U.S. moves closer to the internationally accepted Anti-Money Laundering (“AML”) and Know Your Client (“KYC”) standards, investors are left with the questions about what happens to their personal confidential information.

The Atlas Watch List: FinCEN’s CDD Final Rule

25 August 2016

FinCEN’s Customer Due Diligence (CDD) Final Rule proposes new Beneficial Ownership legislation. The rule impacts financial institutions such as banks, broker-dealers, mutual funds, and investment advisors and other funds currently required to register with the SEC. The rule aims to expand the Treasury’s money laundering vigilance and combat the misuse of vulnerabilities in the US financial system.