2024-10-11

Capital Markets Industry Comments on Outsourcing Standard October

The Capital Markets Industry issued formal comments on the updated Outsourcing Standard in October 2024. The document outlines revised compliance expectations for financial institutions managing third-party service providers, emphasizing risk assessment and reporting obligations. These guidelines establish clear thresholds for material outsourcing arrangements and mandate enhanced oversight mechanisms to mitigate operational disruptions.

Namibia

Namibia Financial Institutions Supervisory Authority

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Create Date October 11, 2024

Last Updated October 22, 2024

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