ICBA and other groups requested 30-day extensions on federal banking regulators' proposed revisions to the Interagency Third-Party Risk Management Guidance and the Federal Reserve's Proposed Third-Party Risk Management Guidance for Community Bank Organizations.

ICBA and the other groups said initial feedback from bankers representing institutions of all sizes has included observations that warrant additional discussion and analysis and additional time would allow the associations to engage in more thorough discussions with members to formulate constructive comments on the proposals.