+116. When developing exit strategies for third-party arrangements supporting critical or important …

116. When developing exit strategies for third-party arrangements supporting critical or important …

When developing exit strategies for third-party arrangements supporting critical or important functions, financial entities should:

  • a. take into account the results of the analysis described in paragraph 73;
  • b. define the objectives of the exit strategy;
  • c. assign roles, responsibilities, and sufficient resources to manage exit plans and the transition of activities;
  • d. define success criteria for the transition of services provided by TPSPs and the data held by them; and
  • e. define the indicators to be used for the monitoring of the third-party arrangement (as outlined under Section 13), including indicators based on unacceptable service levels that should trigger the exit or other appropriate actions.

1. Prehľad

,
Názov Regulácia

1.1 Odkazy

1.2 Identifikované požiadavky

1.3 Súvisiace štandardy

2. Identifikované požiadavky

Požiadavky
Zdroj Požiadavka

3. Súvisiace štandardy

Štandardy
Zdroj Požiadavka
  • EBA - Published by the European Banking Authority at https://www.eba.europa.eu/