Transcription of GUIDELINES ON OUTSOURCING
{{id}} {{{paragraph}}}
Example: tourism industry
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 .. 8 Notification of Adverse Developments .. 9 5 RISK MANAGEMENT PRACTICES .. 9 Overview .. 9 Responsibility of the Board and Senior Management .. 9 Evaluation of Risks .. 11 Assessment of Service Providers .. 12 OUTSOURCING Agreement .. 14 Confidentiality and Security .. 17 Business Continuity Management.
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
Loading..
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: