The Office of the Comptroller of the Currency (OCC) recently updated its guidance to national banks and federal savings associations for assessing and managing risks associated with third-party relationships.
The guidance includes a discussion of comprehensive risk management processes throughout the life cycle of the third-party relationship.
The Appraisal Standards Board (ASB) has issued a new USPAP Q&A on the Appraisal Foundation website:
Questions? Please contact Emily Mann, Standards Administrator, at firstname.lastname@example.org