OM-3.2.2

Past version: Effective from 01 Oct 2007 to 31 Dec 2010
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The Central Bank's approach is to allow licensees the freedom to enter into outsourcing arrangements, providing these have been properly structured and associated risks addressed. The Central Bank requires prior approval to be sought by licensees wishing to outsource material activities, to give the Central Bank the opportunity to verify that the proposed arrangements are adequate.

October 07