On September 11, 2026, the Board of Governors of the Federal Reserve System (the “Federal Reserve”), the Federal Deposit Insurance Corporation (“FDIC”), the National Credit Union Administration (“NCUA”), and the Office of the Comptroller of the Currency (“OCC,” and collectively, the “Agencies”) announced that the Agencies are inviting comment on a proposal to revise their guidance regarding third-party risk management practices (the “Proposed TPRM Guidance”).1 The Federal Reserve, FDIC, and...