Proposed Third-Party Risk Management Guide for Traditional Community Banking Organizations
The Board invites comment on a proposed guide for traditional community banking organizations on managing risks associated with third-party relationships. The proposed guide would reflect the Board's supervisory experience and lessons learned through examining community banking…
The Board invites comment on a proposed guide for traditional community banking organizations on managing risks associated with third-party relationships. The proposed guide would reflect the Board's supervisory experience and lessons learned through examining community banking…
BELLINGS Intelligence Score: 62
Why it matters
The proposed third-party risk management guidance by multiple federal banking agencies represents a significant regulatory development for community banks, potentially affecting supervisory practices and risk management standards across the sector.
Sources
Federal Register
Proposed Third-Party Risk Management Guide for Traditional Community Banking Organizations
The Board invites comment on a proposed guide for traditional community banking organizations on managing risks associated with third-party relationships. The proposed guide would reflect the Board's supervisory experience and lessons learned through examining community banking…
Federal Register
Proposed Third-Party Risk Management Guidance
The OCC, Board, FDIC, and NCUA (collectively, the agencies) invite comments on this proposed third-party risk management guidance. The proposed guidance would reflect the agencies' supervisory experience and lessons learned through examining banking organizations' third-party…