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CFPB Updates Supervision And Examination Manual, Adds IT Examination - Finance and Banking - Vimarsana News

CFPB Updates Supervision And Examination Manual, Adds IT Examination - Finance and Banking

The CFPB updated its Supervision and Examination Manual by adding a new section titled Compliance Management Review – Information Technology.

Source: mondaq.com
CFPB Updates Supervision and Examination Manual, Adds IT Examination | Sheppard Mullin Richter & Hampton LLP - Vimarsana News

CFPB Updates Supervision and Examination Manual, Adds IT Examination | Sheppard Mullin Richter & Hampton LLP

The CFPB updated its Supervision and Examination Manual by adding a new section titled Compliance Management Review – Information Technology. The new examination procedures are meant...

CFPB Info Tech Compliance Management Review Manual Addition - Vimarsana News

CFPB Info Tech Compliance Management Review Manual Addition

CFPB updated Supervision and Examination Manual adding a new section titled Compliance Management Review – Information Technology to assist CFPB examiners when assessing an entity’s information technology IT control as part of Comliance Management System review.

CPRA Rulemaking Authority Timing Clarified - Vimarsana News

CPRA Rulemaking Authority Timing Clarified

California recently passed AB 694, which makes a few technical changes to the California Privacy Rights Act CPRA. Importantly, this amendment clarifies the timing for the new California Privacy Protection Agency’s rulemaking authority.

Federal Reserve, FDIC, OCC Propose New Risk Management Guidance - Vimarsana News

Federal Reserve, FDIC, OCC Propose New Risk Management Guidance

Monday, July 19, 2021 On July 13, the Federal Reserve, FDIC, and OCC proposed risk management guidance to help banking organizations manage risks related to third-party relationships, including relationships with vendors, FinTech companies, affiliates, and the banking organizations’ holding companies.  The proposal is based on existing but disparate third-party risk management guidance from the three prudential regulators, and is intended to promote consistency across the banking agencies.  If finalized, it will replace the guidance that each agency has released independently....