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Final Draft Recommendations On Cloud Outsourcing (EBA-Rec-2017-03) PDF

78 Pages·2020·English
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by ['Ojars']| 2020| 78 pages| English

About Final Draft Recommendations On Cloud Outsourcing (EBA-Rec-2017-03)

This document provides recommendations for financial institutions that outsource to cloud service providers. It aims to provide clarity on supervisory expectations and foster convergence in regulatory approaches. The recommendations provide guidance on assessing materiality of cloud outsourcing, informing competent authorities, auditing rights, data security, and contingency planning. They build on existing outsourcing guidelines but address specific risks and complexities of cloud outsourcing. The recommendations were subject to public consultation and apply from July 2018.

Detailed Information

Author:['Ojars']
Publication Year:2020
Pages:78
Language:English
Format:PDF
Price:FREE
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