| We take a holistic view of compliance and risk management by looking at the entire client relationship and not solely at the investor’s AML. |
|
Manager & Structural Compliance
Caledonian’s compliance program puts all prospective clients through a rigorous due diligence screening. Our preferred clients are SEC or FSA regulated managers with intuitive legal structures and clear valuation policies. In addition, we conduct a detailed risk assessment of the legal structure and investment strategy of the fund. |
We do Entity Check against the following Lists:
|
|
|
Investor AML
Caledonian’s AML program has been certified by our external advisors to be compliant with USA PATRIOT Act, Cayman and Isle of Man laws and has been specifically tailored to our hedge fund business. We use Worldcheck to identify political exposed persons, persons on the OFAC List and other international watch lists |
|
Operational Risk
Our legal and compliance teams work together at the launch of a new fund to attempt to mitigate operational risks by ensuring that there is a clear segregation of responsibilities between the manager and its service providers. Particular attention is paid to ensuring that the administration has control over cash accounts and payment of manager expenses and that the funds’ valuation policies and suspension, redemption and subscription procedures are clearly described in the prospectus. |