• Outsourcing

    • OM-A.2.2

      A licensee must formally notify the Agency and seek its prior approval before committing to a new material outsourcing arrangement. The notification must:

      (a) be made in writing to the licensee's normal supervisory contact;
      (b) contain sufficient detail to demonstrate that relevant issues raised in section OM-2.4 onward of this chapter have been addressed; and
      (c) be made at least 6 weeks before the licensee intends to commit to the arrangement.

    • OM-A.2.3

      Once an outsourcing arrangement has been implemented, the Agency requires a licensee to continue to monitor the associated risks and the effectiveness of its mitigating controls.