Navigating Third-Party Relationships: The Ultimate Toolkit For Banks and FinTechs

We are thrilled to introduce a new interactive tool to help banks better navigate the final released joint guidance issued on June 6, 2023, which reshaped the landscape of third-party risk management for supervised banking institutions.

Developed in partnership with Davis Wright Tremaine LLP, this interactive resource tool equips banks to master the complexities of the new guidance issued by the Federal Reserve Board of Governors, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC). Together, we wanted to offer our customers and the banking community with a resource to help them navigate the intricate landscape of third-party risk management, which includes working with BaaS Banks and FinTechs.

This Tool represents a fusion of legal acumen and practical know-how, ensuring you have access to comprehensive guidance that is not only regulatory compliant, but also strategically effective.

‍Key Highlights:

1) Insightful Breakdown: Uncover a deep-dive analysis of the final guidance, offering clarity on its impact throughout the third-party relationship life cycle.

2) Expert Legal Perspective: Leverage Davis Wright Tremaine LLP's legal expertise for tailored insights that address your institution's specific needs.

3) Actionable Strategies: Access practical strategies and best practices that optimize your approach to third-party relationship management and risk mitigation.

‍Your Path to Excellence:

Begin your journey toward better understanding third-party risk management through the regulators eyes. Submit the form below to open the door to a future of compliance, innovation, and financial success. Together, our goal is to empower your institution to thrive amidst evolving regulations and seize opportunities for growth. Step into this new era of financial resilience with confidence – your success story starts now.

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Stay tuned for a two-part series on this subject - airing August 15th and 22nd on the Risk Intel Podcast!

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