Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / memo-selection-independent-consultant.docx
memo-selection-independent-consultant.docx
Parties
Harkness LLP
Thornfield Consulting Group LLC
Bracken Advisory Partners LLC
Merriweather Risk Consulting LLC
NovaPay Technologies Inc
Pope LLP
Drayton Mercer LLP
Dates
February 3, 2025
January 15, 2025
February 14, 2025
March 16, 2025
February 15, 2026
February 5, 2025
February 10, 2025
March 1, 2025
May 15, 2025
April 15, 2025
Amounts
$6,500,000
$541,666.67
$400,000
$6,900,000
$74.3
$127.4
$14,500,000
$42,500,000
$15
$60
Obligations
The OCC retains the right to object to any proposed consultant, and the Bank is required to submit the consultant's qualifications, proposed scope of work, and engagement terms to the OCC for its non-objection prior to formal engagement
The consultant must be independent of BRB
The consultant must also have no financial relationships, personnel overlaps, or other circumstances that could give rise to a conflict of interest or the appearance of one
The consultant must have demonstrated expertise in BSA/AML compliance, OFAC sanctions programs, and financial crimes risk management
If the OCC objects, BRB must propose an alternative consultant within fifteen (15) days
Coordination with Other Advisors The selection of the independent consultant must be understood in the context of BRB's broader advisory relationships