Introduction

Terry Pesci, who runs her own independent consulting firm, but spent many years at KPMG, was an AUSA and also worked for HSBC in the early 2000s. The OCC, the Fed, and the FDIC issued what they're calling it, the Interagency Guidance on third party relationships on risk management. Consistency is important, especially given that there are some institutions that have multiple regulators,. So you want to make sure you're doing it in the same way.