Risk & Compliance Roundup: Junk Fees, RFP Best Practices, NIST Cybersecurity Framework 2.0
- March 29, 2024
- Quantivate
Welcome to your weekly roundup of risk and compliance management resources, brought to you by Ncontracts.
This edition includes:
- “Junk fees” under regulatory scrutiny
- Request for proposal (RFP) best practices
- NIST’s updated cybersecurity framework
- Contract management and negotiation strategies
New from the Nsight Blog
Will Regulators Eliminate Overdrafts and Other Consumer Banking Fees?
Regulators and legislators have set their sights on eliminating “junk fees.” Explore insights on parsing the regulatory perspectives of agencies including the CFPB, FIDC, OCC, and NCUA, plus what these developments mean for overdraft programs at banks and credit unions.
Request for Proposal (RFP) FAQ: Best Practices for Financial Institutions
What does a good request for proposal (RFP) look like for banks, credit unions, and other financial companies? Hear from a former bank compliance officer on best practices for drafting RFPs and reviewing results, including the types of questions to include and avoid.
What Bankers Need to Know About NIST 2.0: The Role of Governance and Third-Party Risk Management in Cybersecurity
The National Institute of Standards and Technology (NIST) recently released the first major update to its Cybersecurity Framework (CSF) since its creation in 2014. This overview explores differences between NIST and NIST 2.0 and what to know about the framework’s increased focus on governance and third-party cyber risks.
Bonus Resource of the Week
On-Demand Webinar | Masterful Contract Management: How to Negotiate, Review & Manage Contracts
Take a deep dive into contract management strategies, including common mistakes to avoid, tips for negotiating pricing, essential terms to include, and other success factors for securing advantageous vendor contracts.
Looking for more? Browse Ncontracts’ lineup of live and on-demand webinars on a variety of risk and compliance topics.