Third party vendor reviews

Posted By: Southern gal

Third party vendor reviews - 02/18/11 03:10 PM

Can someone tell me would be some examiner expectations of what should be included in Third party finiancial reviews, or where we could find some guidance.
Posted By: Russ Horn

Re: Third party vendor reviews - 02/21/11 11:02 PM

In addition to the FFIEC IT Examination Handbooks, the FDIC released an FIL (FIL-44-2008) titled "Guidance for Managing Third-Party Risk" that covers this. See FIL-44-2008 (Guidance for Managing Third-Party Risk)

I hope this helps.

Thanks,
Russ
Posted By: Southern gal

Re: Third party vendor reviews - 02/22/11 04:45 PM

Thanks Russ,

Great help!