There are several regulations, guidelines and best practices for performing third-party risk management. The complex landscape creates a confusing environment for risk management professionals and is the main reason why every organization has a different methodology for performing TPRM. For example, regulators may provide guidance such as the Interagency Guidance on Third-Party Relationships, but the actual implementation is to left to the organization.
This session will provide an overview of various third-party risk management regulations, guidelines and best practices, describe the common ground between the various standards, and provide recommendations for navigating the landscape and building a compliant TPRM program.
Learning Objectives:
Gain an understanding of the various third-party risk management regulations, guidelines and best practices.
Identify the essential components for your organization's risk management methodology.
Create a compliant third-party risk management framework.
