WASHINGTON - The Office of the Comptroller of the Currency warned national banks Friday that lax internal controls, such as ineffective audits, are contributing to losses and even failures. "Recent ...

The audit concluded by finding that complaints handled by the agency have dropped 8 percent from 2001 to 2005 for no discernable reason. The agency is now taking fewer phone and more mailed-in ...

The OCC issued a broad order against the company in 2019, plus another one focused on its anti-money-laundering practices in 2022. The OCC did not announce any monetary penalties on Wednesday, though ...

JPMorgan had sued Javice and Olivier Amar, who was Frank’s chief growth officer, in Delaware federal court in December.The OCC audit was scheduled before JPMorgan’s lawsuit, the report said ...

The trio had been previously charged by the OCC in 2020, ... its former executive audit director, were fined $7 million and $1.5 million, respectively.

In mid-September 2020, an Ohio Consumers’ Counsel request for an audit led Price to issue an order letting FirstEnergy conduct its own probe into whether it spent customer money on HB6 lobbying.

On March 27, 2024, Oklahoma Corporation Commission (“OCC”) Chair Todd Hiett quietly sent another one-page “audit” to the governor and legislative leaders – this time, of some $700 million of ...

Quality Mortgage Services LLC (QMS), a provider of mortgage quality assurance and mortgage compliance solutions nationwide, has announced that its federal regulatory and custom foreclosure audit ...

In 2014, OCC collected nearly $76 million in property taxes, compared to $94 million in 2010. Taxes fell sharply in 2011 and have remained around $76 million a year since 2012, about a $20 million ...

Last week, a battle ensued over audits utility regulator, the Oklahoma Corporation Commission (OCC), is obliged to provide under a law passed in the wake of Winter Storm Uri, which pummeled the ...