OCC - Office of the Comptroller of the Currency
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.
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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