2020-05-26 | 29649

Consultation on Revised Draft Guideline for Outsourcing Activities

The banking, bureau de change, and insurance regulators have issued a consultation on their revised draft guideline for outsourcing activities. The updated framework establishes comprehensive risk management standards, materiality thresholds, and contractual requirements for third-party service providers. Financial institutions must evaluate the proposed changes and submit formal feedback within the designated consultation window.

Trinidad and Tobago

Central Bank of Trinidad and Tobago

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Banking Sector , Bureau de Change Supervision , Insurance Sector Circular Letter- Consultation on the Revised Draft Guideline for Outsourcing Activities Share