OCC crafts guidance on correspondent banking risk
The Office of the Comptroller of the Currency has issued risk management guidance that addresses periodic reevaluations of the risks associated with foreign correspondent banking accounts. More from Joe Mont.
THIS IS MEMBERS-ONLY CONTENT
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
Related articles
-
Blog
Quantexa and Arachnys partner in fight against financial crime
Big Data specialist Quantexa is partnering with Arachnys in the fight against financial crime. Both technology providers will be harnessing the power of each other’s respective technologies to identify and monitor customer risk.
-
Article
Correspondent banking fades; de-risking gets the blame
In an ironic twist, regulation designed to protect the global financial system is forcing whole regions outside the regulated financial system, creating more risk for everyone.
-
ArticleU.S. sees steep drop in penalties in 2025, while fines elsewhere increase
Firms worldwide got a break in 2025 on penalties for anti-money laundering (AML) failures, a new report has found.