Finomial Corporation today highlighted the role of the Finomial Investor Services Compliance Platform in protecting hedge funds from the risks highlighted by the Panama Papers leak. While the media focus to date has been on the law firm’s role (Mossack Fonseca) in creating shell entities (which in many cases are legal), Finomial protects hedge funds from the risk of unwitting acceptance by the investment management community of money from entities with unknown beneficial owners.
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