ABA seeks clarity on SEC rule regarding indenture trustees
In a letter following up on a recent meeting between ABA and the Securities and Exchange Commission, ABA called for ...
Tag: Trust activities
Study: Millennials Opting for Will-Based Estate Plans
A recent study found that 75.1% of millennials are opting for will-based estate plans and 18.8% are using a trust-based ...
Podcast: Top Trends in Trust Services for Banks
How is the trust services sector positioning itself to serve the next generation of wealth clients?
OCC Interpretive Letter Addresses Crypto Activities, Chartering of Trust Banks
In an interpretive letter issued today, the OCC confirmed that national banks and federal savings associations may engage in certain ...
FDIC Proposes to Simplify Deposit Rules for Trusts, MSAs
The FDIC board today approved a proposal to simplify the deposit insurance rules for deposits of trusts and mortgage servicing ...
Podcast: The Changing Faces of Wealth Management
From the ongoing generational wealth transfer to new "wealthtech" solutions and investor demands for sustainability and diversity, big changes are ...
SEC Expands Accredited Investor and QIB Definitions
The Securities and Exchange Commission today approved amendments to the definitions of “accredited investor” under Regulation D and “qualified institutional ...
ABA Comments on IRS Proposal on Trust and Estate Deductions
In a comment letter last week, ABA offered feedback on a recent IRS proposal to address the treatment of deductions ...
Podcast: Adding Value with Relationship-Based Wealth Planning
Nerre Shuriah of First Citizens Bank explores how to deliver a relationship-based, community banking asset management service in an environment ...
ABA Supports OCC’s Proposed EGRPRA-Recommended Rule Changes
In a letter to the OCC today, the American Bankers Association offered support for several proposed rule changes, including those ...
