In 2014, the South African Reserve Bank developed a Guidance Note on Outsourcing Functions within Banks\r
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"The purpose of this guidance note is to inform all banks of the potential risks arising from the use of service providers and to provide guidelines on assessing and managing risks pertaining to outsourcing relationships. \r
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These guidelines also include the highlighting of elements of an appropriate risk management for service providers."\r
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13 pages.
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