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Which regulatory agency defines compliance risk as Compliance Risk is the risk of legal or regulatory sanctions, financial loss, or damage to reputation resulting from

Which regulatory agency defines compliance risk as "Compliance Risk is the risk of legal or regulatory sanctions, financial loss, or damage to reputation resulting from failure to comply with laws, regulations, rules, or codes of conduct and other standards of self-regulatory organizations applicable to the banking organization (applicable rules and standards"?

A. Basel Committee on Bank Supervision

B. The Federal Reserve Board (FRB)

C. Office of the Comptroller of the Currency (OCC)

D. Financial Industry Regulatory Association

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