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Safety & Soundness, Consumer Protection are Dominant Priorities of Regulators
June 29, 2009

If the first six months of 2009 are an indication of what the banking industry will face in terms of increased regulatory pressure, then it could be a long, hot summer -- and beyond -- for financial institutions.

Following is an overview of the top regulatory priorities so far -- and going forward -- in 2009....



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Management of third-party service provider relationships is a longstanding regulatory issue within the FDIC's Bank Service Company Act. Well-publicized security breaches, such as TJX and Hannaford Brothers, further increased regulatory attention on Vendor Management practices. This year, banking industry regulators issued bulletins re-emphasizing best-practices.

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Next Date: July 30, 2009 @ 1:00 PM (EDT)




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BankInfoSecurity.com is your one-stop portal for the latest news, insights and education on the top information security issues facing U.S. financial institutions today. Through articles, webinars, podcasts, customized training and sponsored content, our team is committed to providing up-to-date information on the security regulations, threats, solutions, training and career trends that most impact banks, credit unions and other related enterprises. Also, please check out our companion site, CUInfoSecurity.com.
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