Action plan
The newest OCC’s payment specifications require one to Anchorage’s Board away from Directors (“Board”) yield to the brand new OCC to have remark and acceptance a fair authored action plan discussing the newest remedial tips must reach and maintain compliance with BSA/AML laws and regulations (“Plan”). The brand new Panel need to submit the action Plan within 1 month of the brand new big date of your own Concur Purchase. The action Package need, at least, specify (1) a conclusion of the corrective steps needed to reach compliance with per blog post of the Concur Order; (2) timelines getting achievement of restorative methods; and you can (3) the person(s) guilty of achievement of your restorative measures.
Read moreTo change the original Action plan, Anchorage have to have the OCC’s created recognition
