In a process for the preparation of derivatized carbon monoxide copolymers, functionalized linear, strictly alternating carbon monoxide copolymers of carbon monoxide, at least one 1-alkene (A), where (A) is an aryl compound substituted by at least one terminal allyl or homoallyl moiety and by at least one hydroxyl or amino group, or an a-olefinically unsaturated aliphatic alcohol, and, if desired, at least one C2-C20-1-alkene (B) are reacted with an organic compound (C) having at least one electrophilic group in an aprotic organic solvent.