Perennial complies with its AML/CTF obligations and has an AML/CTF compliance program in place.
As part of the AML/CTF legislation we must identify all new clients. If you are an existing client you are not required to complete these requirements. Perennial’s Application form captures information relevant to the client/customer type and no new accounts can be opened without the appropriate form being completed.
The identification form (including the appropriate verification information) is required to be completed for all new investor applicants classified as Partnerships, Associations, Foreign Companies and Registered Co-Operatives when applying for a product or service. All new Individuals and Sole Traders, Australian Companies, Australian Regulated Trust and Trustees (incl. SMSF, Government Bodies and Unregulated Trusts and Trustees investors are not required to complete the above forms as the required information is gathered in Perennial’s Application Form.
Under AML/CTF legislation, Perennial will not be able to open an account for the types of investors stated above if the identification form and required ID is not supplied.
Different verification requirements apply to the different customer types. Perennial is using the industry standard list created by FSC and the FPA. The applicable verification requirements are outlined in the explanatory notes on each of the identification forms. For Individuals and Sole Traders, Australian Companies, Australian Regulated Trust and Trustees (incl. SMSF, Government Bodies and Unregulated Trusts and Trustees please refer to Perennial’s Application Form for requirements.
Only institutional, sophisticated and wholesale investors, as defined in the Corporations Act 2001 (Cth), may make applications to invest in the Perennial Private to Public Opportunities Fund.
Are you a Wholesale Investor?