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Weekly Roundup: OCC Scraps ‘Reputation Risk,’ OFAC Delists Tornado Cash, and More

The U.S. Office of the Comptroller of the Currency has removed references to "reputational risk" from the agency's guidance and instructed examiners to no longer consider it as a factor. More The U.S. Office of Foreign Assets Control revoked sanctions imposed two-and-a-half years ago on Tornado Cash, a decentralized mixer accused of laundering more than $7 billion of cryptocurrency since 2019, ACAMS moneylaundering.com reported. More The Nevada Gaming Control Board fined Resorts World Las Vegas $10.5 million for failing to comply with federal anti-money laundering regulations, the Daily Indy reported. More Swiss private bank Lombard Odier and a former manager...

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