Maine Bankers Association Directors Series: Managing Risk in Third-Party Relationships

The Maine Bankers Association is hosting a webinar titled "Managing Risk in Third-Party Relationships" as part of its Directors Series. This event features presentations by Pierce Atwood attorneys Scott Cammarn, Ariel Pardee, and Matt Stein, who will provide insights into the latest regulatory guidance on third-party risk management.

The webinar will cover key elements of the new guidance issued by the OCC, FDIC, and Federal Reserve Board, highlighting significant changes from previous directives and current areas of regulatory focus. Topics will include planning, due diligence, contract negotiation, ongoing monitoring, and termination of third-party relationships.

This session is designed for bank directors and senior management seeking to enhance their understanding of third-party risk management practices. Attendees will gain practical knowledge to effectively oversee and mitigate risks associated with third-party engagements, ensuring compliance with regulatory expectations and safeguarding their institutions.