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Week of February 4, 2019: Staying on Top of Vendor Risk Management News

Feb 8, 2019 by Branan Cooper

The first full week of February contained big news, including UDAAP, CARD Act and Equifax as the main headlines. It's been an interesting week! 

Industry News for the Week of February 4

Grammar matters: Read here

Equifax pains endure: Read here

Lloyds shows why third party risk matters in the insurance industry: Read here

Proof that OFAC doesn’t just apply to financial institutions – look at the cosmetics industry $1 million enforcement action: Read here

CFPB and CARD Act: Read here

The risk of fintechRead here

Avoiding UDAAP violations: Read here

CFPB on credit reporting errors: Read here

BB&T buys SunTrust: Read here

California, GDPR and credit unions: Read here

Use this State of Third Party Risk Management to be successful in 2019. Download the whitepaper here. state-of-third-party-risk-management-2019

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.

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