OCC Focusing on Sales Oversight at Large Banks
In the wake of the scandal over fake accounts created at Wells Fargo, the OCC has added a strong emphasis ...
Tag: Third-party risk
Compliance Issues to Watch in 2017
Mortgage servicing, fair lending, vendor risk management and sales practices are among top priorities, according to ABA experts.
Third-Party Compliance Risks Loom Large
Managing vendor compliance requires careful planning, ongoing oversight.
Cordray Signals Openness to Banks’ Perspective on ‘Screen Scraping’
Consumer Financial Protection Bureau Director Richard Cordray today acknowledged that there are many unanswered questions about the security and technology ...
CFPB Investigating Third-Party Access to Customer Data
The Consumer Financial Protection Bureau is today launching a formal inquiry into obstacles consumers face in accessing and sharing with ...
CFPB Clarifies ‘Flexibility’ in Third-Party Risk Management
The Consumer Financial Protection Bureau today issued an update to its guidance on risk management for third-party service providers.
ABA Urges FDIC to Take Tailored Approach to Third-Party Lending
ABA today responded to proposed guidance by the FDIC addressing safety and soundness and consumer compliance measures institutions should follow ...
OCC Flags Supervision Priorities for 2017
The OCC today released its bank supervision operating plan for fiscal year 2017, identifying what each of the agency’s supervisory ...
OCC Stresses Third-Party Risk Management in Military Banking
In remarks at the Association of Military Bankers’ annual workshop today, OCC Senior Deputy Comptroller Grovetta Gardineer stressed the importance ...
