+77. Before entering into third-party arrangements and considering all the relevant risks related to …

77. Before entering into third-party arrangements and considering all the relevant risks related to …

Before entering into third-party arrangements and considering all the relevant risks related to the non-ICT services that will be performed by a TPSP, financial entities should ensure in their selection and assessment process that the prospective TPSP is suitable and that the level of details regarding the due diligence is proportionate to the criticality or importance of the relevant function.

1. Overview

,
Summary Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement
  • EBA - Published by the European Banking Authority at https://www.eba.europa.eu/