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Request For Comments – Interagency Guidance for Third Party Risk Management

by Gary Roboff, Senior Advisor | 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, Senior Advisor | 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 ....

data privacy

TPRM Implications Privacy Shield Changes

by Linnea Solem | August 5, 2020 | Data & Cybersecurity, Data Protection, General Data Protection Regulation (GDPR), Public Policy

This post reviews TPRM implications of Privacy Shield changes. Privacy, Surveillance, and Data Transfers to the United States are hitting the headlines in privacy and security circles. The C-Suite may be hearing about “Schrems II” and wonder what the hoopla is all about. Let's start at the be ....

cloud finance

Regulatory Consistency in Cloud Due Diligence Guidance

by Sabine Zimmer | May 7, 2020 | Data & Cybersecurity, Public Policy, Third Party Risk Management

This blogpost covers Regulatory Consistency in Cloud Due Diligence Guidance - particularly important right now because as changes to third party risk management accelerate in a COVID 19 environment, organizations already considering increased use of the cloud will most likely be further motivated b ....

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