GUIDELINES ON OUTSOURCING

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Monetary Authority of Singapore GUIDELINES ON OUTSOURCING 27 July 2016 [Last revised on 5 October 2018 (with effect from 8 October 2018)] Table of Contents 1 INTRODUCTION ........................................ ........................................ .............................. 1 2 APPLICATION OF GUIDELINES ........................................ ...................................... 1 3 DEFINITIONS ........................................ ........................................ ...................... 3 4 ENGAGEMENT WITH MAS ON OUTSOURCING .

Singapore should ensure that these Guidelines are observed by branches and corporations under their control by applying a group-wide outsourcing risk management framework that complies with the Guidelines. 2.4 The practices articulated in these Guidelines are not intended to be exhaustive or override any legislative provisions.

  Guidelines