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Action requiredOCCOct 18, 2026

OCC Enforcement Action Against American Express

The OCC assessed a $350 million civil money penalty against American Express for regulatory violations.

The OCC assessed a $350 million civil money penalty against American Express for regulatory violations.

What changed

American Express will face significant financial penalties due to violations of regulatory requirements.

Compliance perspective

Companies should review their compliance practices to prevent similar findings, especially relating to financial transactions.

Key date

Effective date: October 8, 2026.

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