Risk & Compliance Roundup: Fair Lending Violations, New SEC Rule, Fintech Partnerships
- July 19, 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
Fair Lending DOJ Referrals Up 175%: How Many Did Your Regulator Refer?
What types of fair lending violations are catching regulators’ attention? Dig into the details of the 175% surge in referrals to the Department of Justice since 2020 and how your institution can proactively address fair lending risks.
Inside the SEC’s New Vendor Management Requirements
The SEC’s update to Regulation S-P, which takes effect on August 2, is changing the game for vendor management. Get the details on what it means for broker-dealers, investment companies, registered investment advisers (RIAs), and other financial services firms. This article covers the amended rule’s new requirements for expanded oversight of vendors that have access to sensitive consumer data.
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Top Picks from the Archive: Fintech Partnerships
Discover some of our most popular articles on fintech relationship management, including due diligence tips and common vendor management questions.
Fintech Due Diligence: A Nearly Exhaustive List of Documents
Considering a fintech partnership? This article provides an extensive list of due diligence documents to include in your evaluation process. You’ll learn what regulators expect from financial institutions when vetting fintech vendors and why thorough research is crucial.
Q&A: Tips for Financial Institutions Evaluating Fintech Relationships
Hear from a vendor management expert on assessing the strategic risks and benefits of fintech partnerships, why reputation risk deserves more attention, and more in this insightful interview.