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Third-Party Risk Outsourcing Contract Terms

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

BCLP

UK Insurers Should Begin to Comply with New PRA Mandatory Contractual Requirements for Material Outsourcings

BCLP on

The PRA’s supervisory statement on outsourcing arrangements and managing third party risk requires insurers to take action now, to ensure that outsourcing agreements which are currently being negotiated comply with the new...more

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