Acting Comptroller Hsu Discusses the Third-Party Risk Management Guide for Community Banks

Office of the Comptroller of the Currency · May 22, 2024

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Opening: OCC framing support for community banks

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Unidentified Speaker emphasized that community banks work daily to meet customers' financial needs and said the OCC continually seeks ways to support community banks so they and customers can thrive and grow.

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The Office of the Comptroller of the Currency announced a jointly issued Third Party Risk Management Guide for Community Banks, produced with the FDIC and Federal Reserve, to help community banks manage risks from partnerships with fintechs and other third parties.

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Transcript

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