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Staying On Top of Vendor Management News: Week of Jan 8

Jan 12, 2018 by Branan Cooper

This week in the world of third party risk management, several resources take a stab at 2018 predictions and we again hear about the importance and increased role of of cybersecurity. The concept of managing third party risk for fintech companies is gaining traction - so much so that the OCC offers their perspective on adding fintech charters. Read below to stay informed.

Articles From Week of January 8 to Check Out

A move that demonstrates the increased role of cybersecurity: Read here

Fed Reserve requests input on proposed regulatory changes – notably, no mention of third party risk management: Read here

Terrific retrospective on 2017: Read here

Cross-sector call for additional federal regulation on data protection. Rare indeed to see multiple industries asking for more regulation: Read here

New OCC chair on the concept of fintech charters: Read here

KYB (know your business) standards continue to evolve, particularly in Europe: Read here

What is a Compliance Officer to do? - Nice reflection on the chaos surrounding so much regulatory change or uncertainty: Read here

Argos Risk strategic partnership announced with MDR: Read here

Thomson Reuters Projections for 2018 – “Froth and Frustration” – it’s a fun read: Read here

FDIC’s problem bank list continues to fall, from peak of 888: Read here

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Branan Cooper

Written by Branan Cooper

Branan Cooper is the Chief Risk Officer at Venminder. 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 leads the Venminder delivery team as the third party risk management subject matter expert in residence. 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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