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 ........................................ ............... 8 Observance of the GUIDELINES ........................................ ........................................ .................... 8 Notification of Adverse Developments.

the institution’s inability to comply with legal and regulatory requirements. An institution can ... that an institution adopts a sound and responsive risk management framework for its outsourcing arrangements. 1.2 These Guidelines1 on Outsourcing ...

  Regulatory, Framework