New Integrated Third-Party Risk Management Guidance from the OCC, Federal Reserve, and FDIC
by Gary Roboff, Senior Advisor | June 22, 2023 | Guidance, Public Policy
Regulators have developed “principles-based guidance that provides a flexible, risk-based approach to third-party risk management that can be adjusted to the unique circumstances of each third-party relationship.” On June 6th, less than 20 months after comments closed, the Federal Reserve, The ....