Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / letter-to-occ-proposed-independent-consultant.docx
letter-to-occ-proposed-independent-consultant.docx
Parties
HARKNESS LLP
Thornfield Consulting Group LLC
NovaPay Technologies Inc
BRB's SA
Veridian Analytics Inc
FairLend Digital LLC
VaultEdge Inc
Drayton Mercer LLP
Dates
January 31, 2025
January 15, 2025
February 15, 2025
March 1, 2025
April 15, 2025
May 15, 2025
June 30, 2025
July 15, 2025
January 15, 2026
August 1, 2025
Amounts
$14,500,000
$30.5
$6,500,000
$541,666.67
$400,000
$6,900,000
Obligations
Article VII, Section 1 of the Consent Order establishes February 15, 2025 as the deadline by which the Bank must engage the independent consultant
She has extensive experience assessing OFAC screening gaps across complex banking operations, including multi-channel and BaaS environments where sanctions screening must be integrated across multiple origination platforms and payment rails
Phase 2 — Ongoing Monitoring and Remediation Validation Phase 2 will consist of ongoing monitoring of BRB's implementation of the Comprehensive Remediation Action Plan, which is required to be submitted to the OCC by May 15, 2025 pursuant to Article V of the Consent Order