This presentation provides an overview of the key elements in managing third parties who provide services to financial institutions. We discuss what bank directors should know about third-party risk and what responsibilities directors have in relation to the oversight of these third parties. This video is based on the FDIC-issued Financial Institution Letter entitled “Guidance for Managing Third-Party Risk” (June 2008).
Approximate run time: 30 minutes
Directors’ College Video Series Presentation Materials – Third-Party Risk (PDF Help)
FDIC YouTube Channel: Directors’ College Video Series Presentation – Third-Party Risk
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