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12 Pre-outsourcing analysis (paras. 61-73)

61. Before entering into any outsourcing arrangement, institutions and payment institutions should:

a. assess if the outsourcing arrangement concerns a critical or important function, as set out in Title II;

b. assess if the supervisory conditions for outsourcing set out in Section 12.1 are met;

c. identify and assess all of the relevant risks of the outsourcing arrangement in accordance with Section 12.2;

d. undertake appropriate due diligence on the prospective service provider in accordance with Section 12.3;

e. identify and assess conflicts of interest that the outsourcing may cause in line with Section 8.

Comparing proposed amendment...
12.1 Supervisory conditions for outsourcing (paras. 62-63)
12.2 Risk assessment of outsourcing arrangements (paras. 64-68)
12.3 Due diligence (paras. 69-73)