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Guidelines · ESMA

Guidelines On outsourcing to cloud service providers

Published
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AI-generated Summary

ESMA guidelines of May 2021 (ESMA50-164-4285) on outsourcing to cloud service providers by a wide range of firms, including fund managers and depositaries, CCPs, trade repositories and MiFID II investment firms and credit institutions providing investment services, covering governance and documentation, pre-outsourcing due diligence, key contract terms, information security, exit strategies, access and audit rights, sub-outsourcing, notifying authorities and supervision.

Details

ReferenceESMA50-164-4285
IssuerESMA