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About Guidelines On Outsourcing To Cloud Service Providers - EN
This document provides guidelines for insurance and reinsurance undertakings on outsourcing to cloud service providers. It defines key terms related to cloud services and outsourcing. It states that the guidelines apply from January 2021 to new or amended cloud outsourcing arrangements. Undertakings must review existing critical/important function outsourcing by end of 2022 and inform their supervisor if not completed. The guidelines provide requirements for cloud service risk assessments, due diligence, contractual protections, audit rights, data security, sub-outsourcing oversight and exit strategies. Supervisors must supervise undertakings' compliance with the outsourcing rules for cloud services.
Detailed Information
| Author: | ['Adrian Ene'] |
|---|---|
| Publication Year: | 2020 |
| Pages: | 16 |
| Language: | English |
| Format: | |
| Price: | FREE |
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