Outsourcing Guidelines for Banks and Financial Institutions, 2021

These guidelines establish supervisory expectations for banks and financial institutions that outsource business functions to third-party service providers. They address risk assessment, due diligence, contractual arrangements, information security, oversight, and the institution’s continuing responsibility for outsourced activities. The document is useful to banking executives, procurement teams, IT departments, auditors, risk managers, and compliance professionals.

Country

Tanzania

Type

Banking supervision guidelines.

Published

30 June 2021

File size

383 KB

Sourced from official government publications. Always verify against the official source before relying on this document for legal purposes.