Unique agreement boosts role of Bank Secrecy Act officers

OCC agreement with Connecticut-based bank offers unequivocal support for BSA officer’s authority.

A unique and just-plain interesting consent agreement from the US Office of the Comptroller of the Currency (OCC) issued earlier this month against National Iron Bank sets out a lengthy array of compliance undertakings that emphasize compliance and risk personnel having the resources and adequate authority to carry out their

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