[PDF] EBA Guidelines on outsourcing arrangements





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Official Journal of the European Communities on the definition of

on the definition of relevant market for the purposes of Community competition law. (97/C 372/03). (Text with EEA relevance). I. INTRODUCTION.



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The Role of Supply-Side Substitution on Market Definition in Merger A proper definition of the relevant market is a necessary prerequisite to correctly ...



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EBA Guidelines on outsourcing arrangements

Feb 25 2019 The importance of outsourcing functions to cloud service ... that the definition of 'critical or important function' for the purpose of ...



NOTION d’« IMPORTANCE » I Grand important - allfranch

hautes autorités de l’Etat) débit définition dilution distinction dosage dose estime (tenir qqn en haute estime) fonctions (occuper de hautes fonctions) importance (de la plus haute importance) intensité intérêt (du plus haut intérêt) niveau (de haut niveau) patronage (sous le haut

What is the meaning of définitions de importance?

Définitions de importance. Degré de force, d'intensité, de valeur, d'intérêt, etc., de quelque chose ou de quelqu'un : Une agglomération d'importance moyenne. Caractère de quelque chose ou de quelqu'un qui est important, considérable par son rôle, son intérêt, son influence, etc. : Il est conscient de l'importance qu'il a au sein du groupe.

What does it mean when someone is important?

2. Caractère de quelque chose ou de quelqu'un qui est important, considérable par son rôle, son intérêt, son influence, etc. : Il est conscient de l'importance qu'il a au sein du groupe. considérable, conséquent : L'affaire est d'importance. faire l'important.

What is the synonym of importance?

Synonymes de importance. Degré de force, d'intensité, de valeur, d'intérêt, etc.,... Synonymes : étendue - force - grandeur - gravité - intérêt - portée - taille - valeur.

What does significance mean?

significance implies a quality or character that should mark a thing as important but that is not self-evident and may or may not be recognized. The teacher lectured the students on the importance of mutual respect. He exaggerated the importance of his role in the rescue mission.

Final Report on

EBA Guidelines on outsourcing arrangements

EBA/GL/2019/02

25 February 2019

FINAL REPORT ON THE GUIDELINES ON OUTSOURCING

2

Contents

Executive summary 4

Background 6

Guidelines on outsourcing 16

1. Compliance and reporting obligations 17

2. Subject matter, scope and definitions 18

Subject matter 18

Addressees 18

Scope of application 19

Definitions 19

3. Implementation 22

Date of application 22

Transitional provisions 22

Repeal 22

4. Guidelines on outsourcing 23

Title I - Proportionality: group application and institutional protection schemes 23

1 Proportionality 23

2 Outsourcing by groups and institutions that are members of an institutional protection

scheme 23 Title II - Assessment of outsourcing arrangements 25

3 Outsourcing 25

4 Critical or important functions 26

Title III - Governance framework 30

5 Sound governance arrangements and third-party risk 30

6 Sound governance arrangements and outsourcing 30

7 Outsourcing policy 33

8 Conflicts of interests 35

9 Business continuity plans 35

10 Internal audit function 36

11 Documentation requirements 36

Title IV - Outsourcing process 39

12 Pre-outsourcing analysis 39

12.1 Supervisory conditions for outsourcing 39

12.2 Risk assessment of outsourcing arrangements 40

12.3 Due diligence 43

13 Contractual phase 44

FINAL REPORT ON THE GUIDELINES ON OUTSOURCING

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13.1 Sub-outsourcing of critical or important functions 45

13.2 Security of data and systems 46

13.3 Access, information and audit rights 47

13.4 Termination rights 50

14 Oversight of outsourced functions 50

15 Exit strategies 51

Title V - Guidelines on outsourcing addressed to competent authorities 53

5. Accompanying documents 56

5.1 Draft cost-benefit analysis/impact assessment 56

5.2 Feedback on the public consultation 68

Summary of responses to the consultation and of the EBA's analysis 71

FINAL REPORT ON THE GUIDELINES ON OUTSOURCING

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