Designed specifically for trust organizations and focused on your regulators requirements, your state law requirements, and then customized to your policies and procedures.
Compliance testing is a crucial component of an effective compliance management program for trust departments and trust companies. Regulators are increasingly stressing the importance of compliance testing for trust organizations.
Developing an effective and comprehensive trust compliance management and testing program requires significant time, resources and an extensive understanding of the many laws, rules and regulations that must be addressed.
CT2 decreases your time and expense in creating a compliance program with testing scripts, while at the same time providing the highest content quality and effectiveness.
CT2 begins with the policies, procedures, and templates which we have developed specifically for a trust organization’s compliance program, and then applies our library of established compliance testing scripts which are designed to address your federal regulator’s requirements and the trust laws in the states applicable to you. Our staff then customizes the test scripts to match your business activity and your policy manual.
You receive a turnkey compliance program that is comprehensive and customized to your organization. The CT2 program you receive can be effectively implemented on the day you receive it.
Your customized CT2 program includes:
- Compliance Management Program policies and procedures,
- Risk assessment template; and,
- Testing scripts designed for your charter (whether you are state or federally chartered) which also address the following laws, as adopted in your state:
- Trust Code
- Probate Code
- Principal and Income Act
- Prudent Investor Act
- Unclaimed Property Act
- Trust Decanting Act
- Directed Trusts Act
- Powers of Appointment Act
- Fiduciary Access to Digital Assets Act
- Testamentary Additions to Trusts Act.
Contact Kevin Maas at 320-492-2759 or at firstname.lastname@example.org to discuss how the CT2 program can provide you with an industry breakthrough compliance management and testing program at a fraction of the cost and the time necessary for internal development.