On November 13, the OCC published its termination of a consent order, its second, against a national bank from January 2024. According to the consent order, the OCC previously determined that the bank failed to correct previously reported problems related to internal controls, independent testing, BSA staffing, and engaged in unsafe or unsound practices involving BSA/AML, capital ratios, strategic planning, liquidity risk management, and information technology controls. With the termination, the order’s provisions which had imposed requirements on the bank’s BSA risk assessment program and capital ratios, among other obligations, are no longer in effect.