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Zycus and EBA Guidelines on Outsourcing

What is EBA and what are its objectives?

The EBA Guideline is set out on the internal governance arrangements to outsource internal services, activities, and functions.
The objective of this set of guidelines is to harmonize financial institutions in Europe, with one set of rules for all outsourcing arrangements with third party service providers or intra-group.

Who does it apply to?

Credit institutions

Investment firm, with permission to hold client money or deal on their own account.

Payment and electronic money institutions

Payment and electronic money institutions

Central Repository

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