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Writing for Banker & Tradesman, Tom Curry and Kate Henry Weigh In on Proposed Guidance for Banks on Third-Party Vendors
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Tom Curry, a partner in Nutter’s Corporate and Transactions Department and a co-leader of the firm’s Banking and Financial Services group, and Kate Henry, an associate in the Corporate and Transactions Department, authored an article on proposed guidance to help banking organizations manage risks associated with third-party relationships, including relationships with financial technology companies, in Banker & Tradesman. In the article, “Banking Regulators Propose Unified Approach to Use of Third-Party Vendors,” the authors noted that the proposed guidance is a welcome effort to update and standardize a set of risk management principles nearly 10 years old.
