CEBS issues outsourcing consultation paper

The Committee of European Banking Regulators (CEBS) published a paper in late April outlining high-level principles on outsourcing.

The principles say regulators will want pre-notification of all material proposals for outsourcing, "so that they can analyse them from the standpoint of their impact on institutions’ systems and controls and/or their effect on the risk profile of the institution." As a result, the group of regulators has proposed a three-tier system of classification of activities, including strategic or core activities that cannot be outsourced, non-strategic but material activities that regulators must be

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here