FED - Federal Reserve
The Fedissued an enforcement action against Massachusetts-based Easthampton Savings Bank for alleged violations of the National Flood Insurance Act. The bank has been assessed and ordered to pay a civil monetary penalty of $17,000.
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Apr. 11th, 2022
MSTAR/ABA online training: Financial Risk: Structured Scenario Analysis Series.
This webinar series introduces participants to exposure-based methods in operational risk, and explores a robust and structured method of developing scenarios and assessing the associated loss estimates. The new concepts will be applied to cyber risk scenarios. The structured scenario analysis (SSA) method has been in use for more than 10 years at large institutions and has received an “Industry Initiative” award from risk.net for its application to forward-looking risk measurement. June 7, 2022 | 1 - 2 PM ET