2023-11-14
The BNR issued this directive to establish binding regulatory requirements for shared service arrangements across licensed financial entities. It mandates standardized governance frameworks, risk management protocols, and operational reporting to ensure service quality and regulatory compliance. Regulated institutions must align their internal shared service models with the prescribed standards by the implementation deadline, subject to ongoing supervisory review.
BNR RESTRICTED Page 1 of 11
BNR RESTRICTED Page 2 of 11
BNR RESTRICTED Page 3 of 11 (a) (b) (c) (d) (a) (b) (c) (d) (e) (f)
BNR RESTRICTED Page 4 of 11 (g) (a) (b) (c) (d) (1) (a) (b)
BNR RESTRICTED Page 5 of 11 (c) (d) (e) (f) (g) (h) (i) (j) (k) (l) (m) (n) (o) (p) (q) (a) (r) (2)
BNR RESTRICTED Page 6 of 11 (3) (4) (a) (b) (c) (d) (e) (f) (g) (h)
BNR RESTRICTED Page 7 of 11 (a) (b) (c) (d)
BNR RESTRICTED Page 8 of 11 (e) (f) (g) (h) (i) (j)
BNR RESTRICTED Page 9 of 11 (a) (b) (c) (d) (e) (a) (b) (c) (d) (e) (f)
BNR RESTRICTED Page 10 of 11 (g) (h) (i) (j) (k)
BNR RESTRICTED Page 11 of 11