98. The outsourcing arrangement should expressly allow the possibility for the institution or payment institution to terminate the arrangement, in accordance with applicable law, including in the following situations:
a. where the provider of the outsourced functions is in a breach of applicable law, regulations or contractual provisions;
b. where impediments capable of altering the performance of the outsourced function are identified;
c. where there are material changes affecting the outsourcing arrangement or the service provider (e.g. sub-outsourcing or changes of sub-contractors);
d. where there are weaknesses regarding the management and security of confidential, personal or otherwise sensitive data or information; and
e. where instructions are given by the institution’s or payment institution’s competent authority, e.g. in the case that the competent authority is, caused by the outsourcing arrangement, no longer in a position to effectively supervise the institution or payme
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