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Staying On Top of Vendor Risk Management News: Week of November 12

Nov 16, 2018 by Branan Cooper

Stay updated in the world of third party risk management by reading some articles that we recommend. Topics this week include more on enforcement actions, risk management and compliance, operational risk management and more. Read below. 

Industry News for the Week of November 12

Why can’t we all just get along?: Read here

New OCC guidance on enforcement actions: Read here

CFPB struggling to define abusive practices (Amy Hanna Keeney is quoted in the article): Read here

Eye-popping statistic excerpt from Rep Hensarling, chair of the financial services committee: 

“We should note that while total overall regulatory restrictions have increased by nearly 20 percent since 1997, regulatory restrictions on “finance and insurance” have increased by a whopping 72 percent.” – Nov 14, 2018

Interesting analysis of the impacts and regs around post-election events: Read here

The role of risk management in compliance: Read here

The disconnect of operational risk management: Read here 

Are your vendors in compliance? - download our infographic now.

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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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