News & Analysis as of

Technology Third-Party Risk

Perkins Coie

FINRA, Federal Banking Agencies Issue Guidance on Third-Party Risk Management

Perkins Coie on

Recent guidance from financial industry regulators reminds market participants to remain mindful of their business, compliance, and operational obligations when incorporating technology vendors as a fundamental part of their...more

Health Care Compliance Association (HCCA)

[Webinar] Accountability and Transparency through Third party Monitoring & Compliance - June 15th, 12:00 pm CT

Main Points Covered: - The importance of a deep due diligence pre-engagement of third parties - How to determine a proactive, on-going and risk based approach monitoring towards Third Parties - How technology can...more

Thomas Fox - Compliance Evangelist

The Wild Wild West and ComTech

Compliance has been pushed more to the forefront in anti-money laundering (AML). As banking institutions, financial institutions and the financial services industries continue to tighten and strengthen AML controls, criminals...more

The Volkov Law Group

Compliance and Technology

The Volkov Law Group on

We need to start giving compliance a better foundation of basic knowledge, strategies and practical approaches. The compliance profession can adopt common solutions to problems for different companies....more

The Volkov Law Group

Compliance and Technology – Rational Actors Need to Adopt Technology

The Volkov Law Group on

I always enjoyed the assumption underlying economic models – assuming people are rational actors, then . . . Sometime people do not act rationally, and sometimes people react out of fear or make unrealistic assumptions....more

Foster Garvey PC

What Hotels Should Prepare for When Integrating Augmented Reality Games at Their Destinations

Foster Garvey PC on

The future has arrived, and it has a strange sense of humor. Pokémon Go — an “augmented reality” game that requires players to travel to real world locations to capture imaginary monsters through apps on their mobile devices...more

The Volkov Law Group

Automation and AML/BSA Compliance

The Volkov Law Group on

The future of compliance includes technology solutions. Do not get me wrong – technology is not a panacea but it is an important strategy for leveraging resources. In the anti-corruption and sanctions compliance arenas,...more

NAVEX

Technology is Transforming Third Party Risk Management: Predicting the Future

NAVEX on

The definition of “effectiveness” for a third party risk management program is quickly changing — how is your organization keeping up? I usually avoid predicting the future because you are bound to get something wrong. ...more

The Volkov Law Group

Technology is Transforming Third Party Risk Management: Predicting the Future

The Volkov Law Group on

I usually avoid predicting the future because I am often wrong. But in this case I’m going to make an exception. Here is my 100 percent, sure-to-be true prediction: technology is going to change how compliance professionals...more

NAVEX

2015 Trends: #9 Technology-enabled ethics and compliance is ready for takeoff

NAVEX on

By every indication we are about to witness a dramatic leap in technology-enabled ethics and compliance. Tech Advancement in Key E&C Areas - Trends and our own client experiences are demonstrating that we are...more

Latham & Watkins LLP

5 Compliance “Hot Spots” for Technology Companies Under Export Controls and Sanctions Laws

Latham & Watkins LLP on

Increasingly interconnected global businesses need to focus on how export controls and trade sanctions can affect their cross-border activities in unexpected ways. For decades, the US Government has used trade...more

Goodwin

FRB Issues Guidance on Managing Risks from the Use of Third Party Service Providers

Goodwin on

The FRB issued guidance on managing outsourcing risks (the “Guidance”), intended to highlight the potential risks arising from the use of third-party service providers, describe the components of an appropriate service...more

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