Risk & Compliance Roundup: 1071 Compliance Costs, Critical Vendor Management

Welcome to your weekly roundup of risk and compliance management resources, brought to you by Ncontracts.

This edition covers topics including:

• • Section 1071 compliance costs
  • Managing critical vendors
  • Risk management frameworks

New This Week from the Nsight Blog

Managing 1071 Costs

How much will it cost financial institutions to comply with Section 1071 of the Dodd-Frank Act? Dig into estimates from the CFPB and American Bankers Association, along with what small business lenders can do to control costs.

Related Resource | 1071 FAQs →

TPRM 101: What Is a Critical Vendor?

Identifying critical vendors and the risks they pose is a critical step in supporting third-party relationship management, including effective due diligence, contract negotiation, and performance monitoring. Explore questions for determining criticality and considerations for managing risk throughout the vendor lifecycle.

Related Resource | Critical Vendor Checklist →

Bonus Resource: On-Demand Risk Management Webinar

Decoding Risk: ERM, IRM, GRC, and Everything in Between

Missed this week’s webinar? Tune in for a primer on risk management frameworks, program maturity, resource allocation, and more insights on deciding which approach makes the most sense for your financial institution.

Looking for more? Browse Ncontracts’ lineup of live and on-demand webinars on a variety of risk and compliance topics.

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