Settlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control and Banco Popular de Puerto Rico which agreed to remit $255,937.86 to settle its potential civil liability for 337 apparent violations of the Venezuela Sanctions Regulations.

OFAC - Office of Foreign Asset Control

Source

Published on May. 27th, 2022 Published on May. 27th, 2022

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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