Unclaimed Property

Revenue-strapped states remain on high alert when it comes to enforcing unclaimed property escheatment laws, and will likely experience aggressive audits to compensate for continuing revenue… Read More

Why should a company pay attention to the niche regulatory reporting mechanism known as the Delaware unclaimed property voluntary disclosure agreement (VDA)? More so than in any other state,

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When Bankers Trust was fined $50 million for failing to escheat several years ago, corporate ears perked up. Many wondered, "What is escheatment?" Others began asking, "What are the ground… Read More

Significant Changes Affecting Compliance, VDAs and Audit Enforcement Senate Bill (SB 13) was signed into law by Delaware Governor Carney on February 2, 2017. The new law, which became effective upon… Read More

Due diligence is a vital component of many compliance regimes, including the one for unclaimed property (UP). AR managers need to understand what due diligence entails and take the necessary steps to… Read More