Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Unique and Hard-to-Value Assets

Unique and Hard-to-Value Assets

Office of the Comptroller of the Currenc

Paperback

General Reference

ISBN10: 1505299713
ISBN13: 9781505299717
Publisher: Createspace
Published: Dec 31 2014
Pages: 70
Weight: 0.41
Height: 0.14 Width: 8.50 Depth: 11.02
Language: English
This booklet describes unique assets and hard-to-value assets, risks associated with investing or holding these assets, and the fiduciary role in managing these assets. This booklet provides guidance for examining these types of discretionary assets held in fiduciary accounts in asset management areas of national banks and federal savings associations (collectively, banks). In many instances, the guidance is equally applicable to assets held in custody accounts and to non-managed trust accounts. The guidance provides bank examiners with expanded examination procedures, which supplement the core assessment standards in the Large Bank Supervision and Community Bank Supervision booklets of the Comptroller's Handbook. The examination procedures are optional but may be used when a bank has a significant number of unique assets to manage or has hard-to-value assets for reporting purposes.

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