Staying On Top of Vendor Management News: Week of Aug 14

What's new in vendor risk management for the week of August 14, 2017? We've put together a list of resources to check out.

Articles From Week of August 14 to Check Out

CFPB is known for setting regulatory guidance through enforcement action and then applying it retroactively – think of it as being pulled by the police and told you were speeding 15 miles ago when you were doing 55 mph in a 55 mph zone that they have redefined as a 35 mph zone: Read more

The importance of SAR filings: Read more

Regulatory piling on – 7 difference government agencies taking action in one case against Citigroup. Ow!: Read more

Online banking is no longer a prohibited credit union term – that and other interesting developments: Read more

Pepper Hamilton (a well known law firms) asks if it is even feasible to have a compliance management system sufficient to address the CFPB’s extremely rigorous expectations – a good read!: Read more

I agree with the premise of the article, but I think it’s woefully deficient in not reminding credit unions the importance of monitoring social media for complaints or customer confusion: Read more

NCUA weighs new rules including comprehensive new due diligence requirements: Read more 

Learn how to keep up with regulatory compliance requirements - download our sample.