Vendor Management

Banking regulators working to align Vendor Management requirements

Banking regulators may make their  requirements governing banks’ use of vendors for services and products a little easier if proposed risk management guidance is approved. The guidance “harmonizes” Vendor Management requirements among the Federal Reserve Board (Board), Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC). Currently all three …

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SEC cracking down on vendor cybersecurity measures

Doing business with a publicly-traded company? You’d better be sure your cybersecurity measures are up to date. In the wake of several so-called supply chain breaches (think SolarWinds or Kaseya), public company boards are feeling pressure from auditors to dig deep into their vendors’ security practices. It’s no longer a casual “check the boxes” task. …

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ImageQuest’s Jay Mallory featured on KYCPA podcast episodes

The Kentucky Society of CPAs recently launched a podcast series called “Behind the Numbers.” Its focus will be on relevant topics and information that involve accounting and the CPA profession. To launch the podcast, KYCPA’s podcast host, Marvin Stewart, talked with Jay Mallory, ImageQuest’s Executive Vice President, Marketing and Business Development. The two discussed business …

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