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“End Result” – Seeds of Wisdom RV/GCR Update(s) from Goldilocks 6-27-23


Goldilocks and Seeds of Wisdom Goldilocks posted links and comments today to help understand what is happening to our global financial systems: The Office of the Comptroller of the Currency (OCC) just released Version 1.0 of its “Asset Management booklet.” It is an updated version of sound risk management that takes place between a client and a banking system. It goes into details dealing with trust funds that are managed by Fiduciary Representatives taking on clients who have large financial asset accounts. A Fiduciary Representative minimizes the risk of large losses for their client who possess a large asset portfolio….

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