This week in third party risk management news:
- Want to voice your opinion on CFPB regulation through enforcement action? Now you can - they're seeking input from the public.
- Legal analysis of the unprecedented Fed action against Wells - American Banker discusses the implications.
- Enhanced security standards that impact your fintech vendors or fintech company
Read below for additional important stories for the week of Feb 12, 2018.
Industry News for the Week of Feb 12
CFPB seeks public commentary on its processes regarding enforcement actions: Read here
CFPB seeks public input on its supervisory practices: Read here
Senate concerned by CFPB’s action – or inaction – in Equifax probe: Read here
FinCEN’s new SAR form includes requirements for reporting cyber incidents: Read here
Regulatory relief on the way?: Read here
New CFPB strategic initiative: Read here
New gov budget and its impact on regulatory agencies: Read here
Wells Fargo CEO downplays impact of the Fed’s order against the company: Read here
Legal analysis of the unprecedented Fed action against Wells: Read here
The cost of cyber crime: Read here
How enhanced security standards impact fintech: Read here
Credit Unions and regulatory uncertainty: Read here
Elizabeth Warren warns Wells Fargo to fix things fast: Read here
Mulvaney seeks to change CFPB approach to enforcement, specifically targeting UDAAP:Read here
FinCEN fines US Bank: Read here
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