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✉news BusinessBanking first seen 21 h ago, last 28 min ago, peak #2

Central Bank of Ireland consults on replacing outsourcing guidance

The Central Bank of Ireland has launched a consultation on replacing its existing outsourcing guidance. The review would update the regulatory framework governing how regulated financial firms manage outsourced services, an area of growing supervisory focus across the EU. Details of the proposed changes and the consultation timeline were not immediately available, and industry participants are expected to respond before any new requirements are finalised.

Why now: Regulated insurers and financial firms in Ireland face potential changes to outsourcing rules they must comply with.

Central Bank of Ireland

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