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This document is an announcement regarding the outsourcing of clearing functions by Eurex Clearing AG, specifying the details of the outsourcing arrangement and the compliance with applicable laws and regulations. It includes information on the functions outsourced, the responsibilities of the outsourcer and the insourcer, and the importance of data confidentiality.
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01
Identify the departments affected by outsourcing and gather relevant information.
02
Draft a clear and concise announcement that includes the reasons for outsourcing.
03
Detail the scope of the outsourcing, including the services affected and expected outcomes.
04
Specify the timeline for the outsourcing process and any transitional arrangements.
05
Include contact information for employees to ask questions or express concerns.
06
Review the announcement for clarity and compliance with company policies before dissemination.
07
Select appropriate communication channels (e.g., email, meetings) to share the announcement with stakeholders.

Who needs announcement of outsourcing of?

01
HR professionals managing the transition.
02
Department heads overseeing the areas impacted.
03
Employees who will be directly affected by the outsourcing.
04
Company leadership needing to ensure transparency and clarity.
05
Stakeholders and clients interested in the company’s operational changes.
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The announcement of outsourcing refers to the formal notification or declaration that a company intends to delegate certain business operations or services to an external third-party provider.
Typically, the company or organization that is planning to outsource its operations is required to file the announcement of outsourcing.
To fill out the announcement of outsourcing, the company must provide relevant details including the nature of the outsourced services, the third-party service provider's information, and any applicable contractual agreements.
The purpose of the announcement of outsourcing is to inform stakeholders, including employees and regulators, about the decision to outsource and its implications for the organization.
Information to be reported includes the specific services being outsourced, the reasons for outsourcing, the timeline for the transition, and details about the outsourced entity.
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