Alert

August 1, 2016

FDIC Seeks Comment on Proposed Guidance for Third-Party Lending

The Federal Deposit Insurance Corporation is seeking comment on its proposed Examination Guidance for Third-Party Lending, intended to provide FDIC-supervised financial institutions and examiners with clear expectations on managing and assessing third-party lending arrangements and associated risks. The proposed Guidance supplements and expands on the principles established in the FDIC's earlier Guidance for Managing Third-Party Risk by establishing specific expectations for third-party lending arrangements. The FDIC is seeking comment on the entire proposed Guidance, with particular emphasis on the issues outlined in today's release. The comment period closes on September 12, 2016.

  News Release
  Proposed Examination Guidance