Third-Party Relationship Definitions and Non-Vendor Categories

In 2015, RMA’s Third-Party Risk Management Round Table Steering Committee launched an effort to create definitions that would improve clarity in the area of vendor and non-vendor third-party programs and practices. The definitions cover all types of third-party relationships, including non-vendor relationships. Since then, the Steering Committee, with valuable contributions from RMA member institutions, has refreshed the document twice. The current list of non-vendor relationships current…