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Common regulatory issues facing third-party risk management

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<dateIssued>2021</dateIssued>
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<abstract displayLabel="Summary">Of course, the statement above was tongue and cheek, but far too often organizations find themselves figuring out the truth of this statement the hard way in their attempts to meet regulatory requirements. Organizations today are facing a vast and evolving regulatory landscape that makes staying on top of compliance incredibly challenging no matter what industry you are in.  Keeping track of the depth of requirements an organization faces can be a daunting task considering the growth in business complexity over the years. Business boundaries today are increasingly vague because today's extended enterprise is comprised of a web of third-party relationships, unlike the traditional brick and mortar business model of the past. The organization now needs to consider the extended enterprise when building its risk and compliance programs</abstract>
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