Association of Banks in Singapore updates Guidelines for Outsourced Service Providers
Jun15

Association of Banks in Singapore updates Guidelines for Outsourced Service Providers

On 1 June 2017, the Association of Banks in Singapore (ABS) issued an update to their “Guidelines on Control Objectives and Procedures for Outsourced Service Providers”. The update replaces the first version of these guidelines previously issued on 25 July 2015. Overall, the update involved only minor changes. Nevertheless, these changes indicate a greater emphasis on review, monitoring and control of the outsourced service providers...

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