75. Where a third-party arrangement supporting critical or important functions includes the …

Where a third-party arrangement supporting critical or important functions includes the possibility that the TPSP subcontracts critical or important functions to subcontractors, financial entities should take into account:

• a. the risks associated with subcontracting, including the additional risks that may arise if the subcontractor is located in a third country or a different country from the TPSP; and
• b. the risk that long and complex chains of subcontracting reduce the ability of financial entities to oversee the critical or important function and the ability of competent authorities to effectively supervise them.

1. Resumen

1.1 Referencias

1.2 Requisitos identificados

1.3 Estándares relacionados

2. Requisitos identificados

3. Estándares relacionados

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