Guidelines for financial institutions on risk management of outsourcing arrangements.
Published Date: 27 July 2016
SRD TR 01/2016: MAS Circular (Cancellation) 2016
Informs financial institutions that MAS Circular SRD TR01/2011 on Information Technology Outsourcing has been superseded and cancelled by the Guidelines on Outsourcing dated 27 July 2016.
Applies to: Credit/Charge Card Issuer , Finance Company , Full Bank (Branch) , Full Bank (Locally Incorporated) , Merchant Bank (Branch) , Merchant Bank (Locally Incorporated) , Wholesale Bank (Branch) , Wholesale Bank (Locally Incorporated) , Direct Insurer (Life) , Direct Insurer (General) , Direct Insurer (Composite) , Reinsurer (Life) , Reinsurer (General) , Reinsurer (Composite) , Captive Insurer , Lloyd's Asia Scheme , Financial Holding Company (Insurance)