Blog: Public Policy

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Request For Comments – Interagency Guidance for Third Party Risk Management

by Gary Roboff | August 4, 2021 | Guidance, Public Policy

Three of the four federal banking regulators have launched an extremely important effort to refresh and harmonize third party risk management guidance for financial institutions in the United States (the comment period closes on September 17th). Shared Assessments plans to respond to the request for ....

Regulations TPRM

Flavors of Regulations Impacting TPRM

by Jeremy Byellin | July 30, 2021 | Public Policy

July is coming to an end, and with it goes National Ice Cream Month.  Take a moment to savor the flavor of the season. Cookies-and-cream? Mint-chocolate chip? Or...Neopolitan? There are a variety of flavors of risk to consider in third party partnerships, too, and not least among them is complia ....

climate

Nation’s First Financial Services Climate Guidance – It’s Not Too Late to Answer the Call for Comments

by Gary Roboff | June 4, 2021 | Public Policy

The New York State Department of Financial Services became the first regulator in the United States to issue proposed climate related guidance (NYSDFS Proposed Climate Change Risk Management Guidance for New York Domestic Insurers), and feedback is welcome through June 23rd. Aimed at domestic insure ....

SupplyChain

Striving for Supply Chain Stability – Biden Orders Review

by Sabine Zimmer | February 24, 2021 | Business Continuity, Public Policy, Supply Chain

This week has been buzzing with news of federal legislation intended to bring stability to the supply chain, as President Biden calls for a review of U.S. supply chain weak spots. This announcement comes on the heels of instability brought on by an enduring pandemic and recent Texas Freeze - soberin ....

financial stability

TPRM Regulatory Input: Don’t Miss Your Chance

by Gary Roboff | December 4, 2020 | Public Policy, Research And Publications, Risk Professionals, Third Party Risk Management

This post covers current requests for TPRM Regulatory Input. Once in a blue moon a regulatory organization will proactively reach out to the broader community for help addressing important issues whose resolution could have a substantially – positive impact for regulated entities and beyond. On ....

fork

The Road Diverges – Regulatory Compliance in Risk Management

by Gary Roboff | December 3, 2020 | Public Policy

In recent years, the road taken by U.S. regulators has begun to diverge from the path chosen by rule-makers in Europe and other parts of the world. Aspects of this divergence may soon have an impact on regulatory compliance in risk management. In fact, whether this divide expands or narrows in 20 ....

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