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Revised FINMA Circular on Outsourcing Banks and Insurers

December 2017

The purpose of this Newsflash is to highlight the revised FINMA circular on outsourcing for banks and securities dealers, which is being extended to insurance companies. The revised Circular introduces new requirements and a few reliefs for the supervised financial institutions when outsourcing material functions to intra-group or external service providers.

The new regime will enter into force on 1 April 2018.

Download document in English (PDF/144 KB)