Bisys rolls out hedge fund compliance service


NEW YORK -- Bisys, a New York-based business process outsourcing provider for the financial services industry, is developing a service to help its US hedge fund clients comply with anti-money-laundering (AML) provisions in the US Patriot Act.

The AML rules, expected to be finalised later this year, will effectively extend the Bank Secrecy Act to hedge funds. The Act already requires registered financial institutions to keep records of clients’ transactions for possible use in law enforcement

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: