Trust Examiner School eBook

DFI Trust Company Examiner’s Entry Checklist

4. Copy of individual trust account risk assessment form/document. 5. List of all trust accounts where a risk assessment has not been performed, reason(s) why, and plan to resolve same. 6. List of every “high-risk” rated individual trust account risk assessment. 7. List of every actual “high-risk” occurrence/situation since the previous exmination. M. Indicate: 1. Which legal counsel is retained on an ongoing basis to advise the Board, the trust committee(s), and the trust officer(s) on legal matters pertaining to fiduciary administration. 2. If written legal opinions are obtained and filed in connection with legal questions arising during the course of an account's administration, then provide access to same. N. Copy of the Company’s Disaster Recovery Program and the date and results of the most recent business resumption test. O. List of all discretionary distribution requests both granted and denied (with supporting documentation) since the previous examination.