- Connecticut has updated their due diligence requirements. The threshold has been updated to $50 for physical mail and the mailing window has been shortened to July 1 - Sept 30.
- A new version of the Due Diligence by State document is available on the Compliance Resources page > All tab with these updates.
- A new version of the New York Due Dates document is available on the Compliance Resources page > All tab and includes CT02.
- A new version of the Payment Methods document is available on the Compliance Resources page > All tab and includes Guam.
- The property code CK08 has been added for New York. CK08 is used to report traveler's checks.
| Property code | Property type name | Business category | Dormancy (in months) | Due diligence threshold |
|
CK08
|
Traveler’s Checks | Financial institution | 60 | 0.00 |
| CK08 | Traveler’s Checks | Corporation | 60 | 0.00 |
| CK08 | Traveler’s Checks | Life insurance company | 60 | 0.00 |
| CK08 | Traveler’s Checks | Mutual fund | 60 | 0.00 |
| CK08 | Traveler’s Checks | Utility company | 60 | 0.00 |
| CK08 | Traveler’s Checks | Brokerage | 60 | 0.00 |
| CK08 | Traveler’s Checks | Non-life insurance company | 60 | 0.00 |
| CK08 | Traveler’s Checks | Retail company | 60 | 0.00 |
| CK08 | Traveler’s Checks | Court, city, government | 60 | 0.00 |
All business categories, except Financial Institutions, follow New York's unique deadline requirements, meaning this property is due on 6/1 and will require your attention. Read more about New York off-cycle due dates.