Guidance for Correct DOEP Procedures Post M&A
Reading Time: 3 minutes By: Heather Campbell, CIA Many banks seek guidance for what happens to the Designation of Exempt Person (DOEP) forms following mergers/acquisitions (M&A). Compiled below are some tidbits of information to help decide upon what needs to be done with regards to the bank’s Bank Secrecy Act (BSA)/Anti-money Laundering (AML) procedures …