Regulatory Alerts2023-06-30
Added · Updated
Central Bank of Ireland Guidance Note on Outsourcing Register Template for Markets Firms
The Central Bank of Ireland mandates that designated Regulated Financial Service Providers with an impact rating of M/L or above submit a completed Outsourcing Register via the Central Bank Portal. The submission requires data as of 31 December 2022, with a deadline set for Q4 2023, and must adhere to strict formatting and validation rules within the provided Excel template. The register captures detailed contract-by-contract information, including criticality assessments, risk evaluations, and service provider details, to enable the regulator to analyze sectoral interconnectedness and concentration risk.
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