RESULTS FOR POST TAG: banking regulatory compliance

Apr. 24, 2012Janet E. Phipps Burkhead, Iowa Banking Law Blog
CFPB to hold supervised banks and non-banks responsible for service provider violations

The CFPB recently issued a bulletin advising of its expectations for oversight of business relationships with service providers, as defined in Dodd-Frank. The CFPB advised that it expects banks and non-banks to “have an effective process for managing the risks of service provider relationships.”

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