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#1203945 - 06/18/09 08:27 PM NDIPs
Denovo Co Offline
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Joined: Jan 2005
Posts: 375
NM
I'm doing a BSA audit for our bank and we have a small trust department that also does investments with a brokerage firm. Would these be considered a NDIP? If so, what exactly should I be looking at for BSA purposes? How are NDIPs reviewed differently from regular trust accounts?

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#1203983 - 06/18/09 08:49 PM Re: NDIPs Denovo Co
Skyline Offline
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Skyline
Joined: Sep 2005
Posts: 590
If they are considered customers of the trust department and not the brokerage firm, I would look into CIP.
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