Press Release: Agencies Seek Comment on Proposed Third-Party Risk Management Guidance and Issue Statement on Community Bank Engagement with Core Service Providers
Why this matters
This is a joint proposal from four federal banking regulators (FDIC, Federal Reserve, NCUA, OCC) seeking public comment on comprehensive third-party risk management guidance. The guidance is principles-based and non-binding but signals supervisory priorities and will eventually replace existing guidance. The accompanying statement on community bank engagement with core service providers indicates supervisory and enforcement considerations. The 60-day comment deadline and multi-agency coordination indicate material regulatory significance affecting a broad set of financial institutions.
AI-generated classification rationale, not a full analysis. Verify with the original FDIC source before acting. Full disclaimer.
What the FDIC said
PRESS RELEASE | SEPTEMBER 11, 2026 Agencies Seek Comment on Proposed Third-Party Risk Management Guidance and Issue Statement on Community Bank Engagement with Core Service Providers WASHINGTON— Today the Federal Deposit Insurance Corporation, the Federal Reserve Board, the National Credit Union Administration, and…
Extract from FDIC . Read the full notice at the source for the authoritative text.
Context
Federal Deposit Insurance Corporation (FDIC) — Insures US bank deposits and supervises state non-member banks. We track 42 updates from them.
US financial regulation is overseen by multiple agencies including the SEC, CFTC, Federal Reserve, OCC and FDIC. Browse all United States updates.
This update is classified under Operational Resilience / Outsourcing, Prudential / Capital Requirements and Banking & Credit.