14 July 2009 Company Announcements

 

Perpetual implements AML compliance solution

Perpetual has implemented Norkom's ‘Know Your Customer' / ‘Customer Due Diligence' and case management systems to comply with Australia's Anti-Money Laundering and Counter-Terrorism Financing Act.  This is Norkom's first project with a fund management company in Australia.

Norkom's platform can allow Perpetual to ‘watch list' check and identify high risk customers for the purposes of collecting additional KYC information or enhanced customer due diligence.