Trust Examiner School eBook

Internal Use Only

Compliance In reviewing and rating the Compliance component, the following factors should be considered… • Compliance with laws & regulations, including BSA/AML • Compliance with terms of governing document(s) • Adequacy of account administration policies & procedures • Effectiveness of policies & controls to identify actual or potential conflicts of interest • Decision making process to accept, review, and terminate accounts

Internal Use Only

Guidelines for Selection of Accounts Non-Approved Assets High Cash Balances Asset Concentrations Recently Opened or Closed Prior Exam Issues