Type:
Webinar
Duration:
60 Minutes
Member Fee:
$0
Non-Member Fee:
$379
Audience:
AAPs, APRPs, ACH Personnel, Risk
The Federal Deposit Insurance Corporations (FDIC), the Federal Reserve Board of Governors, and the Office of the Comptroller of the Currency (OCC) collaborated to establish a unified approach to managing and monitoring the risks associated with third-party relationships banking organizations maintain. This interagency guidance was approved June 6, 2023, and all federally regulated banking organizations are expected to establish and maintain risk management on all third-party relationships, including third-party service providers, third-party payment processors and fintechs. This session will provide the third-party risk management life cycle and what you need to know before an examination.