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IOLTAs and CTRs

Answered by: 

Question: 
Do you file the CTR with the client’s information on an IOLTA which receives a cash deposit?
Answer: 

Yes, the CTR is different than beneficial ownership and CIP. You will complete the CTR on the person making the deposit, the clients who own the funds and the law firm.
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Learn more about Deborah Crawford’s webinar CTR Line-by-Line

First published on 07/12/2020

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