Regulations

Welcome to the Regulations Community. Here you will find the latest discussions and resources that can help you in this area. Use this community to stay abreast third party risk industry guidance, updates, ask questions, discuss pending regulatory changes or seek advice. Note: You will need to Sign In to join in the discussions and access resources. 

About Industry Regulations: It’s always a good idea to keep any eye on the most recent and stringent regulatory guidance to stay compliant and ensure you're doing everything you should in third party risk management. Regulatory guidance and best practices evolve regularly. Therefore, not only should you be reviewing your own prudential regulator’s guidance, but you should also review other regulatory guidance. This will help ensure you meet industry standards and best practices in third party risk management.

Latest Discussion Posts

  • Last week California voters passed the California Privacy Rights Act, which effectively replaces the existing California Consumer Privacy Act. CRPA has provisions directly pertaining to vendor management, including specific requirements which must be ... More

  • Heads up! The Fed, FDIC, and OCC have issued an new interagency paper entitled "Sound Practices to Strengthen Operational Resilience". This guidance does not necessarily expand existing regulations or guidance. Instead, it lists 'sound practices' ... More

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    RE: Regulatory Compliance

    The UAE has been adopting regulatory requirements we've been held accountable for in many U.S. industries for a few years now. To that end you will see OFAC checks expanded to all of your critical and high-risk vendors. As you know, the onshore, offshore ... More

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  • Dear Gordon, Thanks for all your valuable feedback! I have a query regarding regulatory compliance.I work in a UAE local bank.Our Vendor risk management program is still very immature.The problem which we often face is whether this service provided by ... More

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    OCC Bulletin (last week)

    ​​The OCC last week issued an updated set of FAQs for the 2013-19 bulletin dealing with TPRM. Even if you are not an OCC regulated institution, they are part of the FFIEC and I have regarded them as the 'thought leaders' among the other agencies on third-party ... More

ThinkTank Announcements

  • Seeking Your Input - Annual TPRM Survey!

    Hi Community Members, We’re looking for your valuable input! Venminder is conducting their annual survey for the State of Third-Party Risk Management 2021 whitepaper and we’re hoping you may have 5 minutes to spare to help out and take the survey. The complimentary whitepaper will be released in early ... More
  • Community Update - 1,000 Members

    Hi Everyone, I want to share some very exciting news with you all. We have reached 1,000 community members! This is a milestone we’re very proud of and it’s all thanks to the fantastic third-party risk conversations you all are having every day. As always, please let me know if you have any thoughts ... More
  • COVID-19 Resources Page

    Hi Everyone,   With the COVID-19 pandemic upon us, organizations are implementing their pandemic plans, many employees are working remotely and changes in vendor management are rapidly occurring. In the industry, it has raised lot of questions about pandemic planning and best practices and reminds ... More
  • Happy New Year - We Want Your Feedback!

    Happy New Year ThinkTank members! We hope you've found the community discussions this past year to be enlightening and engaging. As we head into 2020, we want to hear your thoughts and feedback as it'll help us continue to understand what you'd like to see more of in the Third Party ThinkTank Community. ... More

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