Tabs

Bank/Thrift Supervision   |    Capital    |    CFPB    |    Deposit Insurance    |    Interchange    |    Mortgage Finance
Municipal Advisors   |    OCC-OTS Merger   |    Preemption    |    QM - QRM    |    Swaps   |    Volcker Rule    |    Full Topics List
 
Qualified Mortgage - Qualified Residential Mortgage
Swaps
Consumer Financial Protection Bureau - CFPB
Bank/Thrift Holding Company Supervision
Capital
Deposit Insurance
Interchange
Mortgage Finance
Municipal Advisors
OCC-OTS Merger
Preemption
Volcker Rule
Corporate Governance
Financial Stability Oversight Council (FSOC)
Appraisals
Office of Financial Research (OFR)
Systemic Risk
Supervision and Oversight
Payment, Clearing and Settlement
Prudential Supervision
Trust & Securities
Asset-Backed Securities
Resolution Authority

Thursday, August 18, 2016

ABA Issues Staff Analysis on Proposed Third-Party Lending Guidance

ABA last week issued a members-only staff summary of the FDIC's proposed guidance for third-party lending regarding safety and soundness and consumer compliance measure that FDIC-supervised institutions should follow when lending through a business relationship with a third party.

The proposed guidance covers strategic, operational, credit and compliance risks associated with third-party lending, and it details the basic elements of an effective third-party lending risk management program, including risk assessment, due diligence, contract structuring and oversight. It also covers supervisory considerations for third-party lending arrangements and outlines exam procedures.

View the summary.

Indicates ABA members-only material.
Not an ABA member?
Learn about the benefits of membership and ways to join here.

No comments:

Post a Comment

Please read our comment policy before making a comment.