Additional Challenges for the Investment Industry
The unclaimed property compliance landscape is becoming more complex and increasingly burdensome for financial institutions. Most of this is due to the regulatory changes, including SEC Rule 17Ad-17, updated dormancy periods, expansion of abandonment triggers, third-party audits and advancements in technology and data analytics.
What does this mean?
In Guidehouse’s recent article The New Regulatory Focus on Unclaimed Property: Additional Challenges for the Investment Industry, our experts discuss the changing unclaimed property landscape and the new rules or changed regulations impacting it.