Success in the Fall starts in the Spring. View our Fall Reporting Webinar On-Demand.View the Webinar Replay
Compliance, Legislative Alerts
Delaware seeks to extend the deadline to promulgate and adopt regulations regarding estimation until December 1, 2017. The state has also offered a new incentive for holders that enroll in the expedited unclaimed property audit process.
Compliance, Legislative Alerts
Life insurance companies operating in Texas will be required to comply with beneficiary location requirements with the passage of TX S 561. The bill, effective on September 1, 2017, gives Texas life insurance carriers roughly 90 days to prepare themselves for the upcoming deadline.
Compliance, Legislative Alerts
The enactment of Tennessee House Bill 420 provided significant changes to TN unclaimed property law. Among some of the big changes were the reduction of dormancy periods, changes to dormancy triggers, and the introduction of new provisions for specific property types.
Compliance, Unclaimed Property Reporting
The objective of the unclaimed property due diligence letter is to provide proper notice to the apparent owner of abandoned or unclaimed property in an attempt to resolve the item. This post will analyze the key elements of an effective due diligence mailing to both ensure compliance with state escheat laws and to maximize the return of property to owners.
Brokerage, Unclaimed Property Reporting
Unclaimed property compliance for broker dealers and the financial services community can often be an overlooked area of compliance. In addition to Federal regulations such as SEC Rule 17Ad-17, maintaining compliance with 55 unique sets of escheat law is critical to protecting investor accounts and valuable client relationships. In this post, we have outlined 8 pressing unclaimed property concerns facing the brokerage industry.
