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

Apr 13, 2018 by Branan Cooper

This week's third party risk related news stories cover a variety of topics - bank regulatory actions are at a historic low, Congress back in session and perhaps ready to look at regulatory reform, Elizabeth Khalil's analysis of the CFPB changes and more. 

Industry News for the Week of April 9

Bank regulatory actions fall to a historic low: Read here, here and here

Mulvaney wants to take a look at UDAAP – describes it currently as “discretionary”: Read here

Congress back in session and perhaps ready to look at reg reform (not always relief): Read here

As predicted and discussed at conference, the states are prepared to step in if CFPB rolls back: Read here

All 50 states now have data breach notification requirements: Read here

With Paul Ryan leaving the House, now or never for regulatory relief: Read here

Elizabeth Khalil’s analysis of the CFPB changes: Read here

Ensure you're prepared when regulatory reform comes into effect. Download our infographic.

Regulatory Developments Impact Your Next Vendor Management Exam eBook

Branan Cooper

Written by Branan Cooper

Branan Cooper is the Chief Risk Officer at Venminder. Branan has more than 25 years of experience in the financial services industry with a focus on the management of internal processes and controls—most notably in the area of third party risk and operational compliance. Branan leads the Venminder delivery team as the third party risk management subject matter expert in residence. Branan joined Venminder from the Bancorp Bank where he held the position of Senior Vice President and Director of Third Party Risk Management. He was instrumental in creating their Third Party Risk Management Program and implementing numerous enterprise-wide initiatives. Branan has held similar positions with PartnersFirst, the credit card division of Western Alliance Bancorp, and at MBNA America, as an Executive Vice President working as part of the risk management/ compliance integration team as the company was acquired by Bank of America. Branan is frequently featured as a speaker at industry events, addressing topics on operational and compliance aspects of third party risk. Branan received his undergraduate degree from Duke University, and he completed the Graduate School of Retail Bank Management (CBA) and the Graduate School of Compliance Management (ABA).

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