Deposit Ops Series: Handling Trusts & Other Fiduciary Accounts 2022 | Financial Education & Development Inc. | 18 May 2022 | Webinar
Venue
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| Event Date | Wed May 18 EDT (over 2 years ago) |
| Location | Webinar |
| Region | Americas |
Details
They have distinct parameters and more risk than regular deposit accounts. Likewise, other fiduciary accounts must be treated differently. This webinar will address those differences, risks, documentation, authorizations, and potential pitfalls.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
• Use the proper tools to evaluate and mitigate the risks associated with trust and fiduciary accounts
• Define the legal concept of fiduciary duty regarding trust, custody, conservator, and other fiduciary accounts
• Explain the legal requirements to open a trust or other fiduciary account
• Understand the specific CIP and beneficial ownership information that must be obtained for fiduciary accounts
• Distinguish between when your institution serves only as a depository versus when it serves as a fiduciary
WHO SHOULD ATTEND?
This informative session will be beneficial to all deposit operations personnel, trust operations personnel, officers, managers, compliance personnel, internal auditors, and attorneys.
Speakers
2022 Presenter
Elizabeth Fast, JD & CPA
Attorney , Spencer Fane LLP