On June 6, 2023, the Board of Governors of the Federal Reserve System, Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. (collectively, the “Agencies”) issued final interagency guidance that...more
6/28/2023
/ Banking Sector ,
Board of Governors ,
Contract Negotiations ,
Due Diligence ,
Federal Reserve ,
Financial Institutions ,
Interagency Guidance ,
OCC ,
Risk Management ,
Termination ,
Third-Party Service Provider
On November 18, 2021, the Office of the Comptroller of the Currency (“OCC”), the Board of Governors of the Federal Reserve System (“Board”), and the Federal Deposit Insurance Corporation (“FDIC”) (collectively, the...more
1/5/2022
/ Bank Service Company Act ,
Bank Service Providers ,
Banking Sector ,
Cyber Attacks ,
Cyber Incident Reporting ,
Cybersecurity ,
FDIC ,
Federal Register ,
Federal Reserve ,
OCC ,
Popular
On October 27, 2021, the Federal Trade Commission (“FTC”) announced new updates to the Gramm-Leach-Bliley Act (“GLBA”) by amending the Standards for Safeguarding Customer Information, known as the “Safeguards Rule,” and...more