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Keane's Unclaimed Property Blog

Public Corporations (37 articles)

Through proactive shareholder outreach and location programs, public corporations can improve investor communication and retain at-risk shareholders, while reducing the risk of identity theft, fraud, fines, penalties, and audits. Here you will find best practices and unclaimed property news that impacts public corporations.

California & New York Update Requirements for Reporting Securities

California & New York Update Requirements for Reporting Securities

Public Corporations, Unclaimed Property Reporting

Keane recently received communication from state personnel regarding new requirements for reporting securities-related unclaimed property in both California and New York.  Properly escheating securities is one of the more complex aspects of the annual compliance and reporting process, as it requires additional steps not applicable for general ledger property types. Updated reporting and remittance instructions for both jurisdictions are outlined […]

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