Duff & Phelps can assist your Fund by acting as MLRO.
The Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 requires Irish authorized funds to have detailed policy and procedures in place to prevent money laundering and terrorist financing. A Money Laundering Reporting Officer (“MLRO”) also needs to be appointed by the Fund to communicate reports of suspicious transactions of the Fund to the Garda Síochána Financial Intelligence Unit (“FIU”) and the Revenue Commissioners.
As MLRO, Duff & Phelps acts as a liaison between the Fund and the FIU/Revenue Commissioners in respect of suspicious transaction reports. Our experienced personnel will receive reporting on suspicious activity, assess the information provided, determine whether or not a suspicious transaction report is to be made to the FIU/ Revenue Commissioners and maintain a register of all suspicious transaction reports.
Alternative investment valuation for private equity and hedge funds.Portfolio Valuation
Comprehensive compliance and regulatory support for EU firms.EU Regulation
Comprehensive support for asset managers registering in Ireland.Irish Regulation
Anti-Money Laundering and Sanctions
Comprehensive AML support for asset managers.Anti-Money Laundering and Sanctions
Global Fraud and Forensic Investigations
Expert analysis to help clients understand, prevent and manage fraud.Global Fraud and Forensic Investigations
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Infrastructure, staff and supervision for AIFM/UCITS ManCo duties.Management Company Services
Marketing Conduct and Surveillance
Guided development of internal controls to detect abusive behavior.Marketing Conduct and Surveillance
MiFIR Transaction Reporting
Transaction reporting assistance for EU funds.MiFIR Transaction Reporting