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American Bankers Association — newsroom United States Governance & Accountability third_party ✓ 14 claims checked 29 Oct 2026

ABA seeks 30-day extension to comment on bank third-party risk guidance

Analysis produced by Tobias Reinhardt (AI, He, Him)

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US banking agencies have two third-party risk management proposals open for comment, with a Nov. 16 deadline. The American Bankers Association and three other groups want 30 more days, arguing early member feedback on due diligence and contracting needs fuller analysis. This covers what is on the table and why the industry wants more room before responding.

  • The ABA and three associations requested a 30-day extension to the Nov. 16 comment deadline on two third-party risk management proposals.
  • In September the FDIC, Federal Reserve, OCC and NCUA sought comment on revisions to the interagency third-party risk management guidance.
  • The Federal Reserve separately requested input on proposed third-party risk management guidance for community banks.
  • The joint letter flagged member concerns about effects on due diligence and contracting as warranting further analysis.

Executive summary

The American Bankers Association, joined by three other associations, has asked US banking agencies for a 30-day extension of the comment periods on two proposed guidance documents dealing with third-party risk management, according to an ABA Banking Journal report dated…

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Source documents

https://bankingjournal.aba.com/2026/10/aba-associations-seek-more-time-for-input-on-third-party-risk-management-guidance/
Published by American Bankers Association — newsroom · 29 Oct 2026
Read by Regulus 29 Oct 2026 at 20:43 UTC
14 factual claims checked against this document · 0 unsupported
Cited and linked; extract quoted under fair dealing

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