Listen to a replay as Linda Tuck Chapman, Chief Procurement Officer, Bank of Montreal and Michael Thurman, Partner at Loeb & Loeb, LLP outline the implications of the CFPB on today’s supplier management and the steps that organizations need to take to ensure compliance with these new regulations.
Preparing for the CFPB – A Compliance Readiness Approach
The introduction of the Dodd–Frank Wall Street Reform and Consumer Financial Protection Bureau (CFPB) has forced financial services companies to rethink where and how they use third parties. The bar on third party management has been raised considerably: third party risk must now be viewed in terms of ensuring your service providers operate in a manner that protects consumers and avoids consumer harm.
During this webinar you will learn:
- CFPB 101 – who is being regulated, what is their authority and why does this need to be taken seriously
- CFPB and your suppliers/sub-contractors – introduction to policies and procedures
- CFPB and supplier risk management – what the implications could be without implementing a compliance program
- Preparing for a CFPB examination – “Compliance Readiness” Approach
View the webcast to learn more.