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This Document Has Been Retired.
Foreign-Based Third-Party Service Providers: Guidance on Managing Risks in These Outsourcing Relationships
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06/21/2006
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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.
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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
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Release Date:06/21/2006
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Update Date:06/21/2006
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Withdrawn Date:01/06/2022
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC)
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Fdic Employee Involved:William H. Henley, Jr.
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Source:FDIC Website
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Memorandum To:FDIC-Supervised Banks (Commercial and Savings)
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FIL Number:FIL-52-2006
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