Fed, FDIC Seek Comment on Third-Party Risk Management

The notable element is the venue: US banking supervisors opening third-party oversight to public comment, rather than fintech-specific rulemaking. That framing puts bank-vendor relationships, including crypto and tokenization service providers used by regulated lenders, inside the same supervisory perimeter as any other outsourcing arrangement. The absence of a comment deadline or concrete proposals leaves the scope unresolved, so whether this becomes a substantive rewrite of vendor due-diligence expectations or a narrow clarification is the open question worth tracking.