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. Översikt

1.1 Referenser

1.2 Identifierade krav

1.3 Relaterade standarder

2. Identifierade krav

3. Relaterade standarder

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