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FINANCIAL INSTITUTION LETTER | MAY 3, 2024 |
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Third-Party Risk Management, A Guide for Community Banks
SUMMARY:
The Federal Deposit Insurance Corporation (FDIC), along with the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency, are issuing the Third-Party Risk Management, A Guide for Community Banks (Guide), as a resource to help community banks in developing and implementing their third-party risk management programs, policies, and practices.
A copy of the Guide can be found on the FDIC website.
STATEMENT OF APPLICABILITY:
This Financial Institution Letter (FIL) applies to all FDIC-supervised financial institutions.
DISTRIBUTION:
FDIC-Supervised Financial Institutions
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