Welcome » IT Booklets » Supervision of Technology Service Providers (TSP) » Supervisory Policy » Examination Responsibility » E. Independent TSPs, Including Those in the Multi-Regional Data Processing Servicers Program
Responsibility for the examination of independent TSPs is based
on the class of insured financial institution being serviced. If
more than one class of insured institution is serviced, the
examination is conducted jointly, and on a rotated basis, as agreed
to among the federal financial institution regulators responsible
for the classes of serviced institutions.
Examination of companies in the Multi-Regional Data Processing
Servicers (MDPS) program is administered by the Agencies. The
Agencies determine which TSPs are subject to examination under the
MDPS program. Generally, Agency-In-Charge (AIC) responsibilities
for an MDPS company are rotated among the Agencies responsible for
the class of serviced, insured financial institutions after two
consecutive examination cycles, The
examination cycle is based on the assigned Examination Priority
Ranking derived through the RB-EPRP. Examination cycles are 24, 36,
or 48 months. with exceptions subject to the Agencies'
review and approval. As indicated in section C on page 3, if an
independent MDPS company, through acquisition, becomes a financial
holding company, a bank holding company, a thrift holding company,
or a non-financial institution subsidiary or affiliate thereof, the
Agency supervising the holding company serves as the AIC unless
such Agency chooses to rotate the responsibilities.
Examinations of independent TSPs that are not part of the MDPS
program are administered by the Agencies' regional/district
management under the guidelines in this booklet.