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What's up
  • [ April 16, 2026 ] Bank agrees to make restitution after allegedly deceiving customers to take ‘cash out’ VA loans OCC
  • [ April 15, 2026 ] Consumer financial strain, rising energy costs due to war, outlined in latest Beige Book The Fed
  • [ April 14, 2026 ] ‘Ask the regulators’ May 5 to focus on proposals to revise capital requirements for smaller banks FDIC
  • [ April 14, 2026 ] FDIC to host trilateral exercise on cross-border resolution planning Saturday FDIC
  • [ April 13, 2026 ] 4 named to senior leadership posts at FDIC FDIC
Homethird-party relationships

third-party relationships

FDIC

Guidance for risk management in third-party relationships issued by agencies; Fed govs split on support, FDIC director wants input

June 6, 2023 0

Guidance for banks establishing principles to consider when developing and implementing risk management practices governing their third-party relationships was issued Tuesday by the three federal banking agencies. The guidance, however, is not without some controversy, […]

FDIC

More time offered to comment on third-party risk management proposed guidance

September 7, 2021 0

There is more time to comment on proposed guidance to help banking organizations manage third-party risk, with a new deadline of Oct. 18, the federal banking agencies said Tuesday. In separate releases, the agencies said […]

FDIC

Comments due Sept. 17 on joint guidance for third-party risk management

July 19, 2021 0

Comments are due Sept. 17 about proposed guidance on third-party risk management at banks – including that related to deals with financial technology (fintech) firms – issued by the federal banking agencies, according to the […]

FDIC

Banking agencies propose joint adoption of OCC-based guidance on third-party risk management

July 13, 2021 0

Joint agency guidance for banking institutions on third-party risk management – including that related to arrangements with fintech (financial technology) firms – was issued Tuesday for a 60-day public comment period by the Federal Reserve, […]

Today

  • Bank agrees to make restitution after allegedly deceiving customers to take ‘cash out’ VA loans

    April 16, 2026 0
    Alleged, illegal inducements to deceive customers to obtain “cash out” loans on their homes have led a Chicago bank to consent to pay restitution for high origination fees and increased monthly payments, the national bank regulator said Thursday. According to [...]
  • Consumer financial strain, rising energy costs due to war, outlined in latest Beige Book

    April 15, 2026 0
    Consumer financial strain, increased price sensitivity, and rising demand at food banks and other social service organizations were reported by “many districts” in the Federal Reserve’s latest Beige Book released Wednesday. The Fed report said price growth mostly remained moderate [...]
  • ‘Ask the regulators’ May 5 to focus on proposals to revise capital requirements for smaller banks

    April 14, 2026 0
    Proposals to revise bank capital requirements will be up for discussion during a “meet the regulators” session set for May 5 by all three federal banking regulators, the agencies said Tuesday. The proposals aim to revise the standardized approach for [...]
  • FDIC to host trilateral exercise on cross-border resolution planning Saturday

    April 14, 2026 0
    A regular coordination exercise on cross-border resolution planning will be hosted by the federal bank deposit insurer on April 18, the agency said Tuesday. The heads of resolution and regulatory authorities, central banks, and finance ministries of the United States, [...]
  • 4 named to senior leadership posts at FDIC

    April 13, 2026 0
    Four individuals were appointed to senior leadership positions by the federal bank deposit insurer, the agency said Monday. The Federal Deposit Insurance Corp. (FDIC) said Benjamin Olson was appointed director of the agency’s Division of Depositor and Consumer Protection (DCP). He [...]

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