The New York Department of Financial Services (NYDFS) issued an industry letter titled “Guidance on Managing Risks Related to Third-Party Service Providers” (Guidance) for Covered Entities engaging ...

As regulatory oversight continues to evolve, retirement plan advisors face growing pressure to ensure their plans’ fund lineups and fiduciary processes can withstand scrutiny. With more complex ...

Key Point: All businesses struggle with cybersecurity risks presented by their service providers. New guidance from the NY DFS applies to all DFS regulated entities, but the guidance would assist any ...

Banks and their trade organizations recently urged the Office of the Comptroller of the Currency to reevaluate third-party risk management rules given what they say is a highly concentrated market for ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

THE AICPA HAS RECEIVED A NUMBER of inquiries regarding practitioners’ responsibilities in outsourcing engagements. The applicable guidance is found in the AICPA’s Code of Professional Conduct, the ...

The Federal Deposit Insurance Corp. does not have a clear way to measure whether its oversight of big third-party banking technology providers is actually working, according to a watchdog audit.

Company retirement plans now represent the last great hope for the majority of American workers to retire with dignity and financial security. Therefore, content-rich and customized financial wellness ...

Third-party mortgage originators are entities or individuals that collaborate with lenders to help initiate mortgage loans, offering services across various channels.