Escheatment Essentials: Managing Dormant Accounts & Unclaimed Property

Is your institution prepared to defend its escheatment practices and manage growing compliance risk? This webinar will address common administrative pitfalls and emerging enforcement trends, and provide practical strategies to strengthen compliance and reduce risk across jurisdictions.

The procedures and practices of financial institutions related to dormant accounts and unclaimed property face increasing scrutiny from state agencies that assert entitlement to the escheatment of these accounts and assets. Dormant accounts and unclaimed property are governed by complex regulations that  create significant administrative and compliance challenges for your institution.  Since escheat laws vary from state to state, this webinar will not address individual state requirements. Instead, we will focus on the Uniform Unclaimed Property Act and the essential tools available for financial institutions to evaluate and strengthen their procedures and practices.