|
Post by bot on Aug 7, 2016 19:23:59 GMT -5
FDIC Extends Comment Period on Third-Party Lending Guidance FOR IMMEDIATE RELEASE August 4, 2016 Media contact: Barbara Hagenbaugh (202) 898-7192 bhagenbaugh@fdic.gov The Federal Deposit Insurance Corporation (FDIC) is extending the comment period for proposed guidance on third-party lending. Comments on the proposed guidance, which was published on July 29, now must be received on or before October 27. The 45-day extension was made in response to requests from interested parties who asked for additional time to consider the proposal. The proposed third-party lending guidance outlines the risks that may be associated with third-party lending as well as the expectations for a risk-management program, supervisory considerations, and examination procedures related to third-party lending. Comments should be sent to thirdpartylending@fdic.gov and will be posted on the FDIC's website at www.fdic.gov/regulations/laws/publiccomments/. # # #
|
|