103. Additional factors to be considered when conducting due diligence on a potential third-party …

Additional factors to be considered when conducting due diligence on a potential third-party entity include, but are not limited to:

a. its business model, nature, scale, complexity, financial situation, ownership and group structure;
b. the long-term relationships with the third-party entity that have already been assessed and perform services for the issuer of ARTs;
c. the level of substitutability of the service and service provider including the ability to exit the third-party arrangement and either transition to another service provider or bring the critical service back in-house or the potential impact of such substitution on the issuer of ARTs ’ critical operations;
d. whether or not the third-party entity is supervised by competent authorities.

1. Overview

Summary	Regulation

Requirements
Source	Requirement

Standards
Source	Requirement

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