Risk & Compliance Roundup: September Regulatory Brief, Vendor Management Mistakes to Avoid
- September 13, 2024
- Quantivate
Welcome to your weekly roundup of risk and compliance management resources, brought to you by Ncontracts.
This edition covers topics including:
- Regulatory news & updates for September
- Common vendor management mistakes
- What bankers should know about the Chevron decision
New from the Nsight Blog
September Regulatory Update: 1071 and Other CFPB News, Proposed Financial Data Standards, and Brokered Deposits
Explore the latest compliance news and analysis from Ncontracts’ team of regulatory experts. This month’s overview covers:
- Section 1071 updates and other CFPB news
- An interagency proposed rule on new financial data standards
- More compliance news and developments from the FDIC, FFIEC, and other agencies
Get more regulatory changes, guidance, and news like this right in your inbox! Sign up for regulatory updates from Ncontracts.
How to Avoid Common Third-Party Risk Management Mistakes
Vendor risk management missteps are a frequent theme in recent regulatory enforcement actions. Learn about four of the most common mistakes financial institutions make and how your team can avoid them, including practical strategies to protect consumer data, ensure vendor compliance, negotiate stronger contracts, and implement effective monitoring practices.
Bonus Resource
Podcast | What You Need to Know About the Chevron Decision
Tune in as Rafael DeLeon, SVP of Industry Engagement at Ncontracts, unpacks the recent Supreme Court decision overturning the Chevron doctrine.
He joins the BankTalk Podcast to discuss the nuances of this landmark ruling and its potential effects on the banking industry.
Related Reading | The End of Chevron Deference: What It Means for Banking Regulation →