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Independent Risk Management Review The guidance contained in OCC 2004-56 for the pre-purchase analysis of life insurance applies to all BOLI contracts entered into after December 7, 2004. The guidance concerning the ongoing risk management of BOLI subsequent to its purchase applies to all holdings of life insurance regardless of when purchased. As an independent third party, TPC CONSULTING is in a unique position to assist institutions that have purchased BOLI in the past to audit and document their compliance efforts and risk management procedures. |
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