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European Banking Authority (EBA) Outsourcing Third-Party Risk

Morgan Lewis - Tech & Sourcing

EBA Proposes Extending Outsourcing Requirements to All Third-Party Arrangements

The European Banking Authority (EBA) recently published a consultation paper (Consultation) that proposes to expand third-party risk management requirements for certain EU-regulated financial entities. The Consultation would...more

Morgan Lewis - Tech & Sourcing

UK Prudential Regulation Authority Clarifies Third-Party Risk Management Expectations

The UK Prudential Regulation Authority (PRA) published a policy statement (PS7/21) and a supervisory statement (SS2/21) on clarifying and modernizing regulatory expectations of outsourcing and third-party risk management on...more

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