Federal Regulators Release Proposed Guidance on Third-Party Risk

Consider writing about:

Federal regulators’ evolving stance regarding banks’ and credit unions’ handling of third-party risks; what to know about proposed guidance released on Sept. 11, and what it could mean for regulators’ expectations for regulated entities’ business practices and compliance obligations.

Related information:

https://www.federalreserve.gov/newsevents/pressreleases/files/bcreg20260911a1.pdf