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Best Practices

Staying on Top of Vendor Management News: Week of Sept 4

Sep 8, 2017 by Branan Cooper

Keep up with the latest news in third party risk. We've put together a list of resources for the week of September 4 to help keep you updated.  

Articles From Week of September 4 to Check Out

Interesting article on The Fed's position on risk and compliance needing to be independent: Read more

Suppose a bank or credit union failed to put into place a required item for 5 or 6 straight years? Well, the government itself has refused to put into place several key parts of Dodd Frank: Read more

Alan Kaplinsky (who spearheaded the Ballard Spahr webinar) quoted in this article on CFPB Richard Cordray: Read more

Information sharing from the regulators would be helpful, especially to shed light on SAR activity (interestingly, in my first day at Bancorp, I met with people from the IRS and other Treasury Department officials to discuss SAR activity – fascinating insight): Read more

Brazen disregard for an enforcement action and, equally alarming, slow response by the regulators: Read more

Half of companies fail to meet PCI standards: Read more

The most direct challenge to the CFPB has been filed by the Department of Education: Read more

I often refer to regulations moving at a glacial pace while technology moves forward at warp speed: Read more

To learn more about best practices of good vendor managers, download our infographic.

10 Best Practices of Really Good Vendor Managers Infographic

Branan Cooper

Written by Branan Cooper

Branan has nearly 30 years of experience in the financial services industry with a focus on the management of operational and regulatory processes and controls—most notably in the area of third party risk and operational compliance. Branan also serves as an industry thought leader. He's a member of InfraGard and the Professional Risk Management Industry Association (PRMIA). And, he was selected in 2018 as an advisor to the Center for Financial Professionals (CEFPro) and board member for the Global Sourcing Resource Network (GSRN).

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