Transfer agent

Public companies typically use transfer agents to keep track of the individuals and entities that own their and bonds. Most transfer agents are also banks or trust companies, but sometimes a company acts as its own transfer agent.

Transfer agents perform three main functions:

Transfer Agent has normally to perform a due diligence to comply with Anti Money Laundering requirements and regulations in order to properly identify the entities involved in the business concerned and/or to ensure that counterparties services providers have equally performed a due diligence and adopted all Anti Money Laundering measures necessary to identify clients eventually provided.

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