Evolve Bank & Trust reposted this
🚨FIRESIDE CHAT on the NEW guidance from the OCC regarding Third-Party Relationships🚨 This month, the OCC, FDIC and FRB issued a joint guide for community banks on Third-Party Risk Management (TPRM). But does this guidance signify a new regulatory direction or more of the same? 🚧 Implications of the new guidelines on TPRM compliance at community banks 💡 Strategies for enhancing TPRM frameworks ✅ Best practices for applying TPRM frameworks to BaaS relationships Join me, Palmera Consulting CEO Sarah Beth Felix and Evolve Bank & Trust’s CRO Peter Moenickheim, CERP, on Thursday, May 30, for a fireside chat on OCC Third-Party Relationships Register here 👇 https://lnkd.in/ewGM-8SB
Co-Founder and CEO @ Castellum.AI | Revolutionizing Compliance with AI
4moLike with any relationship, whether romantic or fintech, there are stages: We're going to ask: What are the key considerations during the planning stage of a third-party relationship? How should a banking organization conduct due diligence on a potential third-party partner?