Update: AML/CFT Reporting Forms for MFAs (2019-11-28)

Summary

This is a short industry notice from CIMA's Investments Supervision Division updating an earlier AML/CFT reporting notice issued on 21 November 2019. It specifies two forms that licensed Mutual Fund Administrators (MFAs) must complete and file via the REEFS platform.

• AIR-157-26: AML/CFT Inherent Risks – Investments form, required from every licensed MFA.
• ARC-158-26: AML/CFT Risk Controls – Investments form, required only from MFAs that hold solely a Mutual Fund Administrators Licence and no other regulatory licence.

The filings are mandated under regulation 53(A) of the Anti-Money Laundering Regulations, 2019, and both forms had to be completed and submitted through REEFS on or before 13 December 2019. The notice also points readers to Guidance Notes on CIMA's website for help completing the forms, and provides a contact email for questions. The document is purely a one-time filing instruction tied to a specific deadline that has since passed, rather than an ongoing regulatory requirement described in this notice itself.

Key obligations

• Each licensed Mutual Fund Administrator must complete and file the AML/CFT Inherent Risks – Investments form (AIR-157-26) via REEFS on or before 13 December 2019.
• Mutual Fund Administrators that hold only a Mutual Funds Administrators Licence (and no other regulatory licence) must additionally complete and file the AML/CFT Risk Controls – Investments form (ARC-158-26) via REEFS on or before 13 December 2019.

Applies to

Mutual Fund Administrators

Deadlines

• 13 December 2019: Deadline for licensed Mutual Fund Administrators to complete and file the AML/CFT Inherent Risks (AIR-157-26) and, where applicable, AML/CFT Risk Controls (ARC-158-26) forms via REEFS.