+108. The financial entity should be able to terminate the third-party arrangements, in accordance …
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108. The financial entity should be able to terminate the third-party arrangements, in accordance …
The financial entity should be able to terminate the third-party arrangements, in accordance with applicable law, including in the following situations: - a. where the TPSP is in a significant breach of applicable law, regulations, or contractual provisions;
- b. where circumstances identified throughout the monitoring that are deemed capable of altering the performance of the service provided, including material changes that affect the arrangement or the situation of the TPSP are identified;
- c. where there are material changes affecting the third-party arrangement or the TPSP (e.g. subcontracting or changes of subcontractors);
- d. where there are evidenced weaknesses pertaining to its risk management and security of confidential, personal or otherwise sensitive data, or non-personal data;
- e. where the competent authority can no longer effectively supervise the financial entity as a result of the conditions of, or circumstances related to, the respective contractual arrangement.
1. Przegląd
1.1 Odwołania
1.2 Zidentyfikowane wymagania
1.3 Powiązane normy
2. Zidentyfikowane wymagania
Wymagania
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Wymaganie |
3. Powiązane normy
- EBA - Published by the European Banking Authority at https://www.eba.europa.eu/
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