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Proposed Interagency Guidance on Third-Party Relationships: Risk Management [OP-1752]

The Board, FDIC, and OCC invite comment on proposed guidance on managing risks associated with third-party relationships. The proposed guidance would offer a framework based on sound risk management principles for banking organizations to consider in developing risk management practices for all stages in the life cycle of third-party relationships that takes into account the level of risk, complexity, and size of the banking organization and the nature of the third-party relationship.

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Last update: July 12, 2022