Following on from the IOSCO, FCA, EIOPA and EBA, ESMA has drafted guidelines on outsourcing to cloud service providers.
Papers
FCA Consultation on Operational resilience
European and UK supervisory authorities have significantly increased their focus on operational and outsourcing risk.
Third-Party Tiering Template
European and UK supervisory authorities have significantly increased their focus on operational and outsourcing risk.
EBA Guidelines on outsourcing
European and UK supervisory authorities have made their intent to increase their focus on operational resilience and outsourcing risk clear.