Third Party Service Providers Policy Update

$25.00

The Third Party Service Providers Policy Update communicates the Board’s intent to comply with the applicable regulatory guidance regarding managing risk resulting from third party service providers.

Description

Financial institutions have been implementing new regulations through board-approved policies for decades. As existing regulations are revised and new regulations are published existing polices need to be updated. Policy Updates are designed to simplify the task of updating existing policies, regardless of where the existing requirement is lodged. The Third Party Service Providers Policy Update communicates the Board’s intent to comply with the applicable regulatory guidance regarding managing risk resulting from third party service providers.

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