Trust Indenture Act of 1939: Federal law regulating the conduct of trustees and the terms of trust indentures in public debt offerings
Bank Secrecy Act (BSA): Requires financial institutions to assist government agencies in detecting and preventing money laundering through record keeping and reporting requirements
Uniform Trust Code (UTC): Provides a comprehensive model for state trust laws, offering standardized rules for the creation and administration of trusts
Federal Deposit Insurance Act: Governs the operation of the FDIC and establishes rules for deposit insurance coverage and bank operations
Regulation CC: Implements the Expedited Funds Availability Act, establishing rules for funds availability and collection of checks
USA PATRIOT Act: Establishes customer identification requirements and enhanced due diligence procedures for financial institutions
Federal Reserve Regulation D: Sets reserve requirements for depository institutions and defines types of deposit accounts
Securities Exchange Act of 1934: Governs securities trading and broker-dealer activities, relevant if trust accounts involve securities
State Trust Codes: State-specific laws governing trust formation, administration, and enforcement within individual states
State Banking Regulations: State-level rules governing banking operations and trust services within individual states
OCC Regulations: Office of the Comptroller of the Currency rules governing national banks and their trust operations
FDIC Requirements: Specific rules and guidelines from the Federal Deposit Insurance Corporation regarding trust account management and insurance
Federal Reserve Board Requirements: Guidelines and regulations from the Federal Reserve System affecting trust account operations
IRS Regulations: Tax regulations and reporting requirements specific to trust accounts and their beneficiaries
KYC Requirements: Know Your Customer procedures required for customer identification and verification in banking relationships
AML Regulations: Anti-Money Laundering regulations requiring banks to monitor and report suspicious activities
UCC Provisions: Uniform Commercial Code provisions affecting banking transactions and security interests
