MARS provides an end-to-end Rule 22c-2 and Fund Prospectus compliance monitoring solution, which includes risk-based and event-based rules tailored to each client’s specific business needs.
Our Rule 22c-2 Compliance Monitoring Solution includes:
As an added benefit, the rigorous transaction tracking and analysis procedures under 22c-2 compliance monitoring can help identify suspicious financial transactions indicative of potential money laundering. With the MARS 22c-2 Compliance Monitoring system, the rapid movement of funds is not misconstrued as an innocuous mistake or a change of investment intent. MARS can help identify whether these transactions may be part of a malfeasant attempt at ‘cleaning’ money by moving illicit funds through reputable financial platforms that allow for the easy creation and dissolution of accounts.
The MARS 22c-2 Compliance Monitoring solution is not only a necessity when dealing with large volumes of data and the complex maneuverings of market timers, but it can also assist in identifying potential money laundering.
As part of our service in providing 22c-2 compliance monitoring for a large international client, we were able to alert the client of actual money laundering that was being performed without their knowledge. Based on our findings, the client was able to stop the activity and alert the authorities.
