OCC issued two cease-and-desist orders against USAA Federal Saving Bank and Anchorage Digital Bank for violations of the Bank Secrecy Act (BSA) and deficiencies in their anti-money laundering (AML) programs. In the case of USAA Federal Saving Bank, the OCC also issued a $60 million penalty.

OCC - Office of the Comptroller of the Currency

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Published on Apr. 21st, 2022 Published on Apr. 21st, 2022

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