Office of the Comptroller of the Currency occ.gov

OCC Imposes $750 Million Assessment Against Bank of America for Deficient BSA/AML Compliance

Imported from official source

October 13, 2026 20:15 Announcement

Finance Classified by Officially

The Office of the Comptroller of the Currency (OCC) today announced a $750 million civil money penalty against Bank of America, N.A. (bank), for violations of the Bank Secrecy Act and its implementing regulations, including 12 CFR 21.21 and 12 CFR 21.11. This amount is the largest in OCC history.

Read the original at the source: https://www.occ.gov/news-issuances/news-releases/2026/nr-occ-2026-89.html

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Organization: Office of the Comptroller of the Currency — imported from official source
Official source: https://www.occ.gov/rss/occ_news.xml RSS
Imported: October 13, 2026 20:33
Versions: 1 recorded
Identity: https://www.occ.gov/news-issuances/news-releases/2026/nr-occ-2026-89.html