Foreign-Based Third-Party Service Providers: Guidance on Managing Risks in These Outsourcing Relationships

Details

• Publisher's site:
  https://www.fdic.gov
• Corporate Authors:
  Federal Deposit Insurance Corporation (FDIC)
• Description:
  The FDIC has prepared the attached guidance to address the risks inherent in outsourcing relationships between U.S. financial institutions and foreign-based third-party service providers. The guidance provides steps that institutions should take to successfully manage such risks.
• Content Notes:
  Cites: ; FIL-81-2000, dated 11/29/2000 ; FIL-22-2001, dated 3/14/2001 ; FIL-50-2001, dated 6/4/2001 ; FIL-23-2002, dated 3/11/2002
• Dataset Download URL:
  https://www.fdic.gov/news/financial-institution-letters/2006/FIL-52-2006.pdf
• Format:
  PDF
• Release Date:
  06/21/2006
• Update Date:
  06/21/2006
• Withdrawn Date:
  01/06/2022
• Agencies Involved:
  Federal Deposit Insurance Corporation (FDIC)
• Fdic Employee Involved:
  William H. Henley, Jr.
• Source:
  FDIC Website
• Memorandum To:
  FDIC-Supervised Banks (Commercial and Savings)
• FIL Number:
  FIL-52-2006
• Language:
  Eng
• Download URL:
  https://archive.fdic.gov/view/fdic/8783/fdic_8783_DS1.pdf
• File Type:
  [PDF - 28.20 KB]
• Collection(s):
  Inactive Financial Institution Letters (FILs)
• Main Document Checksum:
  urn:sha256:c2f8a319b2a1bc167ddb40c533fda1663b727f80769d52aa5cfcdfdc456996fc