Risk & Compliance Roundup: Business Continuity Red Flags, Redlining Enforcement
- November 22, 2024
- Quantivate
Welcome to your weekly roundup of risk and compliance management resources, brought to you by Ncontracts.
This edition covers topics including:
New from the Nsight Blog
5 Business Continuity Red Flags in Vendor Relationships and How to Address Them
Is your institution prepared for vendor disruptions? Learn about five business continuity red flags that could signal trouble in your vendor relationships, from communication breakdowns to testing gaps. You’ll discover practical strategies for addressing these warning signs before they compromise your operations, ensuring your vendor partnerships remain strong and compliant.
The Redlining Wake-Up Call: Lessons for Mortgage Lenders
You’ve probably noticed regulators cracking down on redlining violations lately — and the consequences are getting steeper. Through recent case studies of mortgage lenders that paid hefty penalties, you’ll learn what not to do and discover actionable steps to protect your institution from fair lending risks. With redlining referrals up 175% since 2020, this timely wake-up call could help your institution avoid becoming the next cautionary tale.
Related Reading | DOJ Fines Credit Union $6.5 Million in Redlining Settlement
Bonus Resource
The Upside of Compliance Q&A
Join authors Michael Berman and Stephanie Lyon as they share insights from their book, The Upside of Compliance, in this engaging Q&A. Discover how to transform compliance from a check-the-box exercise into a strategic advantage, build influence within your institution, and deliver meaningful outcomes. You’ll learn practical strategies for everything from change management to resource allocation.