GCP Asset Backed Income Fund Limited (the “Company”) is a closed-ended investment company, incorporated in Jersey (registration no. 119412), and is regulated by the Jersey Financial Services Commission (the “JFSC”) as an unclassified collective investment fund.
The Company, as a regulated investment fund in Jersey, must comply with relevant anti-money laundering (“AML") and combating the financing of terrorism (“CFT”) legislation. This legislation requires the Company to maintain up to date and relevant customer due diligence (“CDD”) in respect of shareholders (deemed “Customers” for the purposes of Jersey’s AML/CFT Legislation) who hold certificated shares in the Company and individual shareholders who hold their shares in the Company in their own name through CREST. The amount of CDD information/documentation required by the Company will vary, depending on the type of Customer and other relevant risk factors.
The Company has engaged Apex Financial Services (Alternative Funds) Limited (“Apex”), the Administrator and Company Secretary, to collect the relevant CDD on Customers. Apex is regulated by the JFSC.
The JFSC’s AML/CFT Handbook can be located at the following link https://www.jerseyfsc.org/indu... and sets out the information/documentation required for the Company to comply with the requirements under relevant Jersey legislation.
A Customer’s failure to comply with Jersey’s AML/CFT legislation may result in the Company withholding dividend payments and blocking stock transfers for said Customer.
Please contact Apex, the Company’s Administrator, at firstname.lastname@example.org or on +44 (0) 1534 847000 who will be happy to provide you with further details on the information/documentation required.