Guidelines for financial institutions on risk management of outsourcing arrangements.

Requirements for merchant banks on protecting the confidentiality of customer information in all outsourcing arrangements.

Guidelines for a financial institution’s operational risk management framework, including business continuity and outsourcing.

Consultation number:

P002 - 2004

Start date:

12 March 2004

Closing date:

12 April 2004

Sets out the conditions whereby banks may seek MAS approval to outsource cash and cheque-related transactional services to another bank in Singapore.