Welcome » IT Booklets » Supervision of Technology Service Providers (TSP) » Supervisory Policy
Supervisory policy provides for interagency examinations of TSPs that service insured financial institutions supervised by more than one federal financial institution regulator. The policy is expected to eliminate the need for separate examinations of TSPs by more than one regulator and to result in more efficient use of examiner resources and with less burden to the supervised TSP. Notwithstanding this policy, no federal or state regulatory agency is precluded from conducting an independent examination of any TSP that is servicing an insured financial institution for which the agency is responsible.
Federal and/or state banking agencies participating on interagency TSP examinations are precluded from levying any examination-associated fees against the examined service provider.