Unclaimed property compliance is a universal obligation for businesses operating in the United States, but it is not a uniform one. The specific exposure profile,
When companies and individuals forget about financial assets or lose track of funds, those assets can become what the law calls unclaimed property. At its
Proactive outreach isn’t just good compliance — it’s a business strategy. By Maureen Grollman, Practice Leader, Dunbar Most financial institutions think of unclaimed property
The regulatory landscape is shifting fast — here’s what’s changing and what it means for your compliance program. By Maureen Grollman, Practice Leader — Dunbar
What due diligence teams keep missing — and why it matters. By Maureen Grollman, Practice Leader, Dunbar Mergers and acquisitions involve exhaustive due diligence.
Unclaimed property reporting is a necessary and often complex process for business owners. One of the critical steps in the unclaimed property process is conducting
Unclaimed property audits are a growing concern for business owners across various industries. As states become more vigilant in enforcing compliance with unclaimed property laws,
Unclaimed property reporting can be a time-consuming and complex responsibility for business owners. With varying state laws, complex reporting requirements, and high penalties for non-compliance,
Navigating the unclaimed property reporting process requires meticulous record-keeping and strict adherence to regulatory requirements. However, storing these records is a significant responsibility: safeguarding sensitive
Navigating the complexities of unclaimed property reporting across multiple states can be daunting. With varying regulations, deadlines, and reporting requirements, ensuring compliance can quickly become
Unclaimed property reporting is an essential yet complex aspect of business operations. The intricacies of state-specific regulations, administrative burdens, and evolving compliance requirements can present
Achieving unclaimed property compliance is no easy feat for companies. With rapidly changing laws that differ for each state, it is no wonder many holders
Acquiring a new company is an immensely exciting time for the business doing so. It is a time of expansion and opportunity, allowing that business
Most businesses will have to go through the process of reporting unclaimed property at some point in time. Despite this being a shared experience for
Navigating unclaimed property compliance is a complex and ever-evolving process for businesses. With varying regulations across states and evolving reporting requirements to fulfill, staying compliant
When it comes to reporting unclaimed property, things, unfortunately, are rarely as simple as they may seem. With constantly evolving rules and regulations, it is
When it comes to the world of unclaimed property, holders are any companies that report unclaimed property. In fact, the states they report unclaimed property
In the world of unclaimed property reporting compliance, receiving a notice that the company will be subject to an audit is not only stressful but
With the legalization of online gaming and sports betting across the country, a whole new type of unclaimed property has been generated that companies need
Companies that have chosen not to report their unclaimed property in the past often find themselves in a tricky situation when they choose to do
The state of Delaware recently made a significant changes to its unclaimed property law. It is important for all companies that report unclaimed property to
