68. Before entering into any third-party arrangement, financial entities should: a. assess whether …

Before entering into any third-party arrangement, financial entities should:

• a. assess whether the third-party arrangement concerns a critical or important function, as set out in Title II;
• b. assess whether the supervisory conditions for contracting with TPSPs set out in Section 11.1 are met;
• c. identify and assess the relevant risks in relation to the third-party arrangement in accordance with Section 11.2;
• d. undertake appropriate due diligence on the prospective TPSP in accordance with Section 11.3; and
• e. identify and assess conflicts of interest that the use of TPSPs may cause in line with Section 7.

1. Forbhreathnú

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

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