Analysis, Digital & Resilience

FSB toolkit to tackle outsourcing risks

By Blake Evans-Pritchard
Image: Getty Images

Sloppy third party service providers are costing banks millions in messy slip-ups and regulatory fines. Can the Financial Stability Board’s (FSB) new toolkit help mitigate the risk of outsourcing?

Banks are outsourcing record amounts of work to third party service providers, but there is a catch. If the ...

To continue reading
Request Free Trial

  • Unlimited access to all content.
  • Email alerts highlighting key industry insight.
  • Invitations to attend exclusive roundtables and events.

Read Next:

Blue chains in cyberspace on black
Digital & Resilience, Operational Resilience
January 16, 2023

Banks probe deeper into their supply chains to keep regulators onside

Discussions around operational risk are rippling further down bank supply chains due to regulators taking more interest in resilience as digitisation gains momentum. However, there are concerns that not enough...
Read more