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Third-Party Risk Management: A Guide for Community Banks

On May 3, 2024, The Federal Deposit Insurance Corporation (FDIC) released Third-Party Risk Management, A Guide for Community Banks. What is the purpose of the Third-Party Risk Management Guide? The FDIC’s guide serves as a comprehensive resource for navigating the complexities of managing third-party relationships within the banking sector. It




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Pending Legislation vs. Tax Filing Season: An Uneasy Staredown

Bill H.R. 7024, known as The Tax Relief for American Families and Workers Act of 2024 (the “Act”) was passed by the House of Representatives on January 31 of this year, and was sent to the Senate, which promptly shelved it to allow for a two-week vacation that began on February 12. There are a number of components in that bill that could take effect retroactively.