GUIDELINES ON OUTSOURCING
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 .
and operations of a distressed financial institution, as part of a resolution Authority’s exercise of a resolution power; “business relations” – (a) in relation to an insurer, means (i) the issuance of a policy or reinsurance cover by the insurer to; or (ii) the …
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