Staying On Top of Vendor Management News: Week of October 9

Learn what's new in vendor risk management from the week of October 9 - there have been some real eye openers. We've put together a list of resources that cover a variety of important topics, including:

• FDIC dishes out details on 50 breaches of FDIC information in the past several years
• The long awaited CFPB payday lending rule is out - 1,700 pages of light reading boiled into some straightforward analysis
• An interview giving details on the proposed OCC FinTech charter
• A stark reminder that a board and senior management can be held culpable
• Pennsylvania is the latest state regulatory agency to really step up its enforcement game 

Articles From Week of October 9 to Check Out

OCC acting director on the prospects for regulatory reform – expresses concern over certain areas of risk including Operational Risk / third party risk: Read more

CFPB opines on payday lending in a very long awaited rule; on the other: Read more here and here

(Further to the link above – yes, that’s 1,700 pages of a new rule that will likely never take effect): Read more

FDIC breached more than 50 times in 2015 and 2016 – update on a previously reported story: Read more

I once heard “the audit finish line is always a moving target” – this article shines light on that: Read more

37 minute interview with OCC director on the proposed FinTech charter: Read more

Good reminder of new regulations looming: Read more

CFPB oversight of credit reporting agencies? Read more

A harbinger of things to come – banking association protests Square’s lending charter (in context of OCC proposed FinTech charter, a sign that the traditional banking community will be opposed): Read more

Pennsylvania becomes more aggressive at the state level in enforcement of consumer protection: Read more

From several months ago, I just discovered this article on the value of an internal audit – definitely worth reading and understanding: Read more

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