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Guidance on Managing Outsourcing Risk Division of Banking Supervision and Regulation Division of Consumer and Community Affairs Board of Governors of the Federal Reserve System December 5, 2013, Table

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What is guidance on managing outsourcing?

Guidance on managing outsourcing is a set of instructions and recommendations for overseeing contracted services provided by external vendors.

Who is required to file guidance on managing outsourcing?

All companies that engage in outsourcing are required to file guidance on managing outsourcing.

How to fill out guidance on managing outsourcing?

Guidance on managing outsourcing can be filled out by following the specific instructions provided by the regulatory body overseeing outsourcing.

What is the purpose of guidance on managing outsourcing?

The purpose of guidance on managing outsourcing is to ensure that companies effectively oversee and manage the services provided by external vendors.

What information must be reported on guidance on managing outsourcing?

Information such as the scope of services outsourced, vendor selection criteria, risk management strategies, and oversight processes must be reported on guidance on managing outsourcing.

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