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#2261113 - 10/14/21 07:45 PM Reg 9 Trust Department Audit
Baker Offline
Platinum Poster
Joined: Nov 2005
Posts: 772
Washington State
We are going to put out for bid our Trust Department Audit focused on Reg 9 Compliance. If anyone knows of firms that perform these services , sharing would be greatly appreciated.

Thanks!

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Audit
#2261145 - 10/15/21 04:11 PM Re: Reg 9 Trust Department Audit Baker
BSAguy Offline
Gold Star
Joined: Aug 2007
Posts: 278
Kansas
I've used some accounting firms. The OCC has been happy with the audits, but I am not entirely satisfied. I am also interested to seeing what's available as well.

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#2261210 - 10/18/21 10:37 PM Re: Reg 9 Trust Department Audit Baker
Baker Offline
Platinum Poster
Joined: Nov 2005
Posts: 772
Washington State
I asked the OCC for names of firms that provide this service but they wouldn't provide any.

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#2261216 - 10/19/21 11:23 AM Re: Reg 9 Trust Department Audit Baker
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 77,216
Galveston, TX
The regulators will almost never provide suggestions as it would jeopardize their independence. Are you a member of any local peer groups? I would be reaching out to them or making some calls to my peers in the area that might use some local vendors that they are happy with. You might also ask your external accounting firm or any external auditing firms you already use, such as for AML/BSA, they should know who in their industry provides such audit services in your area.
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