Trust Tool- Retail Non-Deposit Account Audit Workpaper

Updated 04/22/2026

This tool is a general workpaper designed to assist with assessment of general key controls and can be customized based on bank’s Trust Department needs. This document is not a substitute for official legal documentation.

Rule: OCC Retail Nondeposit Investment Products Handbook; Regulation R: Exceptions for Banks from Definition of Broker (12 CFR Part 218); Fiduciary Activities of National Banks (Regulation 9); FDIC Trust Examination Manual; Federal Reserve Background and Summary of Regulation R; State laws may apply.

Toolkit: Trust

Keywords: Trust Account Nondeposit Investment Products, Retail Non-Deposit Account Review Workpaper, Nondeposit Investment Product (NDIP), Nondeposit Investment Product (NDIP) Workpaper

4/22/2026 – Edited language for clarity. Added reference item 17.0.

 

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