The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced two settlements totaling $583,100 with Deutsche Bank Trust Company Americas (DBTCA). The settlements resolve OFAC's investigations into apparent violations of the Ukraine-Related Sanctions Regulations.

OFAC - Office of Foreign Asset Control

Source

Published on Sept. 9th, 2020 Published on Sept. 9th, 2020

Scenario: Conduct / Breach of AML, Terrorism Financing or Sanctions Regulations

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Sept. 20th, 2021

ORX Forum

ELSEWARE/MSTAR will be speaking on climate stress on operational risk at the ORX forum on September 23. In particular, we will be presenting the work we have done on this topic with the American Bankers Association and a group of banks.