The IRS expects issuers and borrowers of tax-exempt bonds to regularly and affirmatively ensure continued compliance with Federal tax regulations. This work goes well beyond continuing disclosure filings. We created MuniVault® to ease these burdens and to provide a streamlined, technology-driven approach to ensuring on-going compliance with post-issuance compliance policies and procedures.
In response to guidance to bond issuers and borrowers from the IRS, most municipal bond issuers and borrowers now adopt and implement post-issuance compliance policies.
These policies generally address the six areas of on-going compliance identified by the IRS:
policy development and review
bond compliance officer training
Maintenance of bond compliance files
bond "family tree" use of proceeds research
preparation of annual compliance checklists
annual compliance reviews
Issuers and borrowers large and small, from coast to coast, have relied upon Columbia Capital as a strategic advisor for 25 years.
Columbia Capital combines 150 years of public finance expertise among its team of highly experienced, proven professionals.
Columbia Capital is unaffiliated with commercial and investment banks, insurance companies and others in the financial services industry.
Columbia Capital Management, LLC is a registered with the US Securities and Exchange Commission (SEC) and the Municipal Securities Rulemaking Board (MSRB) as a municipal advisor. The firm is also registered with the SEC as a registered investment adviser. Columbia Capital has a statutory duty to serve its governmental clients as a fiduciary.