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Examiners should measure the organization’s danger management system for third-party payday financing relationships.

Examiners should measure the organization’s danger management system for third-party payday financing relationships. Examiners may conduct targeted exams regarding the 3rd party where appropriate. Authority to conduct exams of 3rd events could be founded under a few circumstances, including through the financial institution’s written contract using the party that is third part 7 associated with…