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The New Year in Regulation and Compliance
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Jonathan_Camhi
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Jonathan_Camhi,
User Rank: Author
1/13/2014 | 9:54:50 PM
re: The New Year in Regulation and Compliance
Yes, and in some areas banks are starting to rely heavily on their partners to help with the compliance work. Sometimes the banks just don't have the expertise or $$$ to do it themselves.
Byurcan
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Byurcan,
User Rank: Author
1/13/2014 | 2:28:33 PM
re: The New Year in Regulation and Compliance
I agree with the point made about third party associations; it's not enough that banks are compliant and secure anymore, they have to thoroughly vet all their vendor partners to make sure they are as well.


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