Investor and Client Due Diligence
A risk-based approach to prospective investors, clients and business partners.
Risk-Based Review
Altium Fund applies a risk-based approach to assessing prospective investors, clients and business partners. Our review covers identity, authorised representatives, beneficial ownership and control, the purpose of the relationship, and the source of funds and, where appropriate, wealth. We also conduct sanctions, politically exposed person and adverse-media screening, and assess investor eligibility under the relevant investment documentation.
Higher-risk relationships undergo enhanced due diligence and additional approval. Acceptance is subject to satisfactory completion of the review, with information updated and relationships monitored on an ongoing, risk-sensitive basis. Altium Fund may decline relationships that do not meet applicable legal requirements or its acceptance criteria.
From Identity to Ongoing Monitoring
- Standard Review
- Acceptance and Monitoring
- Enhanced Due Diligence
- Additional Approval
- Acceptance or Decline
Acceptance is subject to satisfactory completion of the review.
Three Levels of Review
Responsibilities are separated so that collection, review and oversight do not rest with the same function.
- Identification documents
- Corporate documents
- Source-of-funds information
- Initial completeness review
- Sanctions screening
- PEP screening
- Adverse-media screening
- Risk classification
- Enhanced review where required
- Approval or escalation
- Policy oversight
- Record keeping
- Periodic control review