Recorded on July 12, 2023 | 1.5 CPE
It has been a minute since financial institutions received new regulatory guidance on vendor management! The original guidance from the FDIC (FIL 44-2008) is old enough to drive. The most recent vendor management guidance from the OCC (Bulletin 2013-20) and FRB (SR 13-19) are in double digits. Good news! Those guidelines have been rescinded and are replaced with ONE joint interagency playbook on vendor management: The Interagency Guidance on Third-Party Relationships: Risk Management.