NEWS

Anti-Money Laundering (AML) is the single biggest issue which delays fund closings. The way in which it is handled often creates a protracted administrative process for investors. This article outlines the benefits of a product designed to make the lives of both investors and fund managers far easier during the subscription process.

Global investors are asked for the same information when subscribing into new funds and then as part of the AML and FATCA processes for each of their investments. This is painful and inefficient for both investors and funds but recent changes in technology and regulation have provided a soluti…

The following article was distributed by FTSE Global Markets on 12 October 2016.The original can be located here.

The ID Register is a new online platform which makes the Know Your Client (KYC), FATCA and CRS registration and administrative processes quicker, easier and more cost effective. With 10,500 asset gatherers enrolled on the platform since July this year, it seems to suggest there is a growing market for digitised and simplified compliance procedures. The ID Register lets users create a single complete profile that is compliant with KYC, FATCA and the Common Reporting Standard (CRS) and share it securely with tho…

The following article was distributed by assetman.net on 27 September 2016. The original can be located here.

As reported last week, private equity fund administrator Ipes is working to raise the profile of ID Register, its new online platform which has been designed to make the Know Your Client (KYC) process quicker, easier and more cost effective.

The ID Register lets users create a complete KYC profile and share it securely with those who need it, eliminating the need for multiple paper forms that all ask for similar information in slightly different ways

The ID Register has been developed in response to the changing…

The ID Register is a new online platform which makes the Know Your Client (KYC) process quicker, easier and more cost effective.

The ID Register lets users create a complete KYC profile and share it securely with those who need it, eliminating the need for multiple paper forms that all ask for similar information in slightly different ways.

Backed by leading fund administrator, Ipes, The ID Register has been developed in response to the changing regulatory requirements for KYC. The UK Financial Conduct Authority (FCA) has stated, "In order to enable effective competition and promote innovation, it is important that techn…

The following article was distributed by globalcustody.net on 20 September 2016. The original can be located here.

The global rollout of the globe-spanning ID Register system continues in London later this week, following its launch in Jersey and Guernsey on Tuesday and Thursday of last week.

The initiative, led by the Channel Islands-based private equity fund administration specialist Ipes, is aimed at enabling investment intermediaries to comply with FATCA and know your customer regulation in a simple and cost-efficient way. Ipes Director Tim Andrews will be blazing a charm offensive trail with the international specia…