Practice Question Set: Guidance on Managing Outsourcing Risk

Guidance on Managing Outsourcing Risk Practice Question set covers the following learning objectives:

Explain how risks can arise through outsourcing activities to third party service providers, and describe elements of an effective program to manage outsourcing risk.
Explain how financial institutions should perform due diligence on third-party service providers.
Describe topics and provisions that should be addressed in a contract with a third-party service provider.

We have also provided individual links for each question to their respective forum discussion.

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