Exam Preparation

Trust Exam Preparation for Licensed Fintechs

Trust examinations evaluate your fiduciary practices, account administration, and investment management. Canarie helps you maintain evidence of compliant trust operations throughout the examination cycle. Specifically tailored for the unique examination requirements facing licensed fintechs.

More for Licensed Fintechs

Licensed Fintechs Exam Preparation Challenges

Managing licenses across 50+ jurisdictions
Tracking state-specific requirements
License renewal management
State examiner relationships
Scaling to new states efficiently

Examining Agencies

OCCFDICState banking regulators

Exam Frequency

Annual or every 18 months

Preparation Steps for Licensed Fintechs

1
Review trust policies and procedures
2
Compile account administration evidence
3
Document investment review activities
4
Gather fee disclosure documentation
5
Prepare conflict of interest reviews
6
Document fiduciary decision-making
7
Compile trust committee minutes

Evidence Examiners Expect

Trust policies and procedures
Account acceptance documentation
Investment review records
Fee calculation and disclosure
Conflict of interest documentation
Trust committee meeting minutes
Exception and override tracking

Related Compliance Areas for Licensed Fintechs

State licensing and renewalBSA/AML programConsumer protectionState-specific disclosure requirementsExamination management

Frequently Asked Questions

Transform Trust Exam Preparation for Your Licensed Fintech

See how licensed fintechs prepare for examinations in days, not weeks.