2024-10-11

Capital Markets Industry Comments on Outsourcing Standard (October)

The Capital Markets Industry regulator published updated comments on the Outsourcing Standard to clarify third-party risk management expectations. Version 19, released in October and finalized in November 2024, consolidates industry feedback into a single compliance framework. Financial institutions must implement these revised guidelines to ensure consistent oversight of critical outsourcing arrangements.

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Namibia Financial Institutions Supervisory Authority

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Create Date October 11, 2024

Last Updated November 3, 2024

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