GUIDELINES ON OUTSOURCING - Monetary …

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Monetary Authority of Singapore GUIDELINES ON. OUTSOURCING . 27 JUL 2016. 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 .

GUIDELINES ON OUTSOURCING 1 1 INTRODUCTION 1.1 While outsourcing arrangements can bring cost and other benefits, it may increase the risk profile of an institution due to, for example, reputation, compliance and operational

  Guidelines, Operational, Risks, Outsourcing, And operational