SBP revises guidelines on outsourcing arrangements

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Karachi: The State Bank of Pakistan (SBP) has revised the ‘Guidelines on Outsourcing Arrangements’ with the objective of enabling financial institutions (FIs) including commercial banks, microfinance banks and development finance institutions (DFIs) to effectively manage the potential risks associated with outsourcing arrangements. The revised instructions are termed “Framework for Risk Management in Outsourcing Arrangements by Read More