Hong kong outsourcing guidelines 2016
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What EBA’s Outsourcing Guidelines Mean for Financial

hong kong outsourcing guidelines 2016

IT Outsourcing Hogan Lovells. Hong Kong: HKMA publishes a revised guideline on Virtual Banks. Norton Rose Fulbright’s Financial services: Regulation tomorrow offers a convenient resource for those keeping track of the evolving and increasingly complex global financial services regulatory environment. It reports on financial services regulatory developments and, Hong Kong: HKMA publishes a revised guideline on Virtual Banks. Norton Rose Fulbright’s Financial services: Regulation tomorrow offers a convenient resource for those keeping track of the evolving and increasingly complex global financial services regulatory environment. It reports on financial services regulatory developments and.

Guidance Note pcpd.org.hk

The exploited Inadequate regulation puts outsourced. Hong Kong does not have any specific statutes that govern and regulate outsourcing arrangements in the jurisdiction. However, there are a number of industry-specific regulations and guidelines published by relevant government authorities that apply to outsourcing transactions (see Question 2)., Hong Kong - New outsourcing guidelines for insurers. From 1 January 2013 authorised insurers in Hong Kong must comply with new guidelines issued by the Hong Kong Insurance Authority (the “HKIA”) and obtain the approval of the HKIA if they wish to outsource certain of their functions to third party service providers..

Communications: regulation and outsourcing in Hong Kong: overviewby Gabriela Kennedy and Karen H.F. Lee, Mayer Brown JSMRelated ContentA Q&A guide to communications regulation and outsourcing law in Hong Kong.The Q&A gives a high level overview of communications law, including authorisation and licensing, universal service obligations Hong Kong Taxation and Investment 2016. strategic role has become more entrenched, along with the further expansion of economic cooperation and integration with the mainland, and with the Pearl River delta region in particular. 1.5 Tax incentives . Hong Kong does not offer targeted incentive regimes to overseas investors or foreign-owned firms.

for Personal Data, Hong Kong (the “Commissioner”). However, pursuant to paragraph 2.2 of the PI Code, the property manager should, wherever practicable, give the visitor the option to adopt other less privacy-intrusive alternatives than providing his HKID Card number. Examples of such alternatives include identification of 05.08.2016 · Publications 5 August 2016. New MAS Outsourcing Guidelines important changes for financial institutions and insurers in Singapore. The Monetary Authority of Singapore (the "MAS") last week issued new Guidelines on Outsourcing Risk Management (the "Guidelines"), the result of an industry wide consultation process which began in

Outsourcing guidelines for HKMA and SFC Although the above guidelines and recommended controls are for the Authorized Institutions (AIs – in case of HKMA) and for the Licensed Corporations (LCs – in case of SFC) there are certain IT Security Guidance for Hong Kong Monetary Authority Supervisory Policy Manual SA-2 Outsourcing V.1 – 28.12.01 1 This module should be read in conjunction with the Introduction and with the Glossary, which contains an explanation of abbreviations and other terms used in

New Outsourcing Guidelines from the Hong Kong Office of the Commissioner of Insurance The Hong Kong Office of the Commissioner of Insurance recently published a Guidance Note on Outsourcing (GN14), to regulate the business and operational risks created by the outsourcing of business activities by insurers. Essential Issues GN14 sets out the New outsourcing guidelines for insurers in Hong Kong. The Hong Kong Insurance Authority (HKIA) has issued a new guidance note (GN14) for the insurance industry in relation to outsourcing arrangements, which came into effect on 1 January 2013.

Olswang Asia - A Practical Guide to the MAS Outsourcing Guidelines United Kingdom 03.08.2016 This article was produced by Olswang LLP, which joined with CMS on 1 May 2017. What EBA’s Outsourcing Guidelines Mean for Financial Institutions By Latham & Watkins LLP on March 18, 2019 Posted in Brexit, Emerging Companies and Technology, Finance and Capital Markets. The guidelines create new obligations for financial, payment, and electronic money institutions that will impact cloud outsourcing and deployment of FinTech.

guidelines, this publication is not a prescription for automated care. By adapting the Guidelines to the patient before you, bearing in mind individual needs, (including Hong Kong, Japan and India).6-8 Incidence rates of symptomatic acute angle closure (given as cases/100,000 persons/ These Guiding Principles have been suitably incorporated in the guidelines now being issued by RBI. Internationally, several countries have also put in place, guidelines on outsourcing in financial services. These include USA, UK, Germany, Hong Kong, Australia and Singapore. The guidelines of RBI are based on international best practices.

27.07.2016В В· The Monetary Authority of Singapore (MAS) has on 27 July 2016 introduced the new Guidelines on Outsourcing (Outsourcing Guidelines) to financial institutions following extensive industry and public consultation which commenced in the later half of 2014. The key change to the Outsourcing Guidelines The Monetary Authority of Singapore (MAS) has published its new and replacement Guidelines on Outsourcing on 27 July 2016. The Guidelines are intended to provide comprehensive guidance over the risk management practices that should be adopted by financial institutions in handling outsourcing arrangements.

Outsourcing guidelines for HKMA and SFC Although the above guidelines and recommended controls are for the Authorized Institutions (AIs – in case of HKMA) and for the Licensed Corporations (LCs – in case of SFC) there are certain IT Security Guidance for Hong Kong Monetary Authority 13.11.2016 · by Gloria Lee, Jessica Li and Joey Kwan Lam Siu Mui (not her real name), a 40-year-old who has worked as a cleaner for than 20 years, sits with a union organiser and prepares to tell her story. In December, 2014, she started working for a contractor providing outsourced cleaning services for a public […]

The Monetary Authority of Singapore's revised guidelines

hong kong outsourcing guidelines 2016

Hong Kong New HKIA outsourcing guidelines for insurers. 10.12.2012 · From 1 January 2013 authorised insurers in Hong Kong must comply with new guidelines issued by the Hong Kong Insurance Authority (the "HKIA") and obtain the approval of the HKIA if they wish to outsource certain of their functions to third party service providers., for Personal Data, Hong Kong (the “Commissioner”). However, pursuant to paragraph 2.2 of the PI Code, the property manager should, wherever practicable, give the visitor the option to adopt other less privacy-intrusive alternatives than providing his HKID Card number. Examples of such alternatives include identification of.

About KingMed Diagnostics (Hong Kong) Limited

hong kong outsourcing guidelines 2016

Communications regulation and outsourcing in Hong Kong. From 1 January 2013 authorised insurers in Hong Kong must comply with new guidelines issued by the Hong Kong Insurance Authority (the "HKIA") and obtain the approval of the HKIA if they wish to outsource certain of their functions to third party service providers. The Monetary Authority of Singapore (MAS) has published its new and replacement Guidelines on Outsourcing on 27 July 2016. The Guidelines are intended to provide comprehensive guidance over the risk management practices that should be adopted by financial institutions in handling outsourcing arrangements..

hong kong outsourcing guidelines 2016


10.12.2012 · From 1 January 2013 authorised insurers in Hong Kong must comply with new guidelines issued by the Hong Kong Insurance Authority (the "HKIA") and obtain the approval of the HKIA if they wish to outsource certain of their functions to third party service providers. for Personal Data, Hong Kong (the “Commissioner”). However, pursuant to paragraph 2.2 of the PI Code, the property manager should, wherever practicable, give the visitor the option to adopt other less privacy-intrusive alternatives than providing his HKID Card number. Examples of such alternatives include identification of

27.07.2016 · The Monetary Authority of Singapore (MAS) has on 27 July 2016 introduced the new Guidelines on Outsourcing (Outsourcing Guidelines) to financial institutions following extensive industry and public consultation which commenced in the later half of 2014. The key change to the Outsourcing Guidelines Outsourcing guidelines for HKMA and SFC Although the above guidelines and recommended controls are for the Authorized Institutions (AIs – in case of HKMA) and for the Licensed Corporations (LCs – in case of SFC) there are certain IT Security Guidance for Hong Kong Monetary Authority

Supervisory Policy Manual SA-2 Outsourcing V.1 – 28.12.01 1 This module should be read in conjunction with the Introduction and with the Glossary, which contains an explanation of abbreviations and other terms used in Guidance on Determination of Outsourcing for Fund Management Companies 1. Background The Monetary Authority of Singapore (“MAS”) issued the revised Guidelines on Outsourcing (“Guidelines”) on 27 July 2016. The Guidelines set out the minimum requirements of outsourcing

14.10.2019 · The European Banking Authority Outsourcing Guidelines came into effect on 30 September 2019. They are more prescriptive than the previous guidance and have a broader scope, applying to payment and e-money companies for the first time. HKCOG Guidelines Guidelines for the Management of Gestational Diabetes Mellitus published by The Hong Kong College of Obstetricians and Gynaecologists A Foundation College of Hong Kong Academy of Medicine Number 7 Revised HKCOG GUIDELINES NUMBER 7 (revised November 2016…

What EBA’s Outsourcing Guidelines Mean for Financial Institutions By Latham & Watkins LLP on March 18, 2019 Posted in Brexit, Emerging Companies and Technology, Finance and Capital Markets. The guidelines create new obligations for financial, payment, and electronic money institutions that will impact cloud outsourcing and deployment of FinTech. 25.10.2012 · The Hong Kong Office of the Commissioner of Insurance recently published a Guidance Note on Outsourcing. Hong Kong Corporate/Commercial Law Clyde & Co 25 Oct 2012. Hong Kong: New Outsourcing Guidelines From The Hong Kong Office Of The Commissioner Of Insurance. Last Updated: 25 October 2012. Article by Andrew Holderness,

05.08.2016 · IT can make or break a business. Systems are critical. Outsourcing creates opportunities — focus, quality, and efficiency. It creates new risks — costs, confusion, complexity. We have the experience. Technology, novel software, and telecoms systems. Industries including the most highly regulated Hong Kong does not have any specific statutes that govern and regulate outsourcing arrangements in the jurisdiction. However, there are a number of industry-specific regulations and guidelines published by relevant government authorities that apply to outsourcing transactions (see Question 2).

From 1 January 2013 authorised insurers in Hong Kong must comply with new guidelines issued by the Hong Kong Insurance Authority (the "HKIA") and obtain the approval of the HKIA if they wish to outsource certain of their functions to third party service providers. New expectations for financial institution outsourcing and cloud arrangements in Singapore. On 27 July 2016, the Monetary Authority of Singapore (“ MAS ”) issued new Guidelines on Outsourcing (the “ Guidelines ”), together with a response to industry feedback and an …

Hong Kong: HKMA publishes a revised guideline on Virtual Banks. Norton Rose Fulbright’s Financial services: Regulation tomorrow offers a convenient resource for those keeping track of the evolving and increasingly complex global financial services regulatory environment. It reports on financial services regulatory developments and guidelines, this publication is not a prescription for automated care. By adapting the Guidelines to the patient before you, bearing in mind individual needs, (including Hong Kong, Japan and India).6-8 Incidence rates of symptomatic acute angle closure (given as cases/100,000 persons/

hong kong outsourcing guidelines 2016

Olswang Asia - A Practical Guide to the MAS Outsourcing Guidelines United Kingdom 03.08.2016 This article was produced by Olswang LLP, which joined with CMS on 1 May 2017. 25.10.2012В В· The Hong Kong Office of the Commissioner of Insurance recently published a Guidance Note on Outsourcing. Hong Kong Corporate/Commercial Law Clyde & Co 25 Oct 2012. Hong Kong: New Outsourcing Guidelines From The Hong Kong Office Of The Commissioner Of Insurance. Last Updated: 25 October 2012. Article by Andrew Holderness,

New HKIA outsourcing guidelines for insurers vLex Hong Kong

hong kong outsourcing guidelines 2016

Regulation and compliance Financial services Regulation. KingMed Diagnostics (Hong Kong) Limited was established in 2014. 2016 - New Central Laboratory Aligning with the mission of the mother company for being the best independent laboratory in private sector, a new central medical testing laboratory of 12,500 sq. ft. at Kwun Tong is built in May 2016., B/Ds shall formulate their own departmental IT policies, procedures and guidelines based on all the government security requirements and implementation guidance specified in the Security Regulations and the Government IT Security Policy and Guidelines mentioned in Sections 2.3.1 and 2.3.2 above. Ref. No. : S17 . 4.

New Outsourcing Guidelines From The Hong Kong Office Of

The exploited Inadequate regulation puts outsourced. 1.0.5 While the Guidelines are not legally binding, the degree of observance with the spirit of the Guidelines by an FI is an area of consideration in the risk assessment of the FI by MAS. 1 Financial institution has the same meaning as in section 27A(6) of the Monetary Authority of Singapore Act (Cap. 186)., In Hong Kong, both the court system and the Hong Kong International Arbitration Centre are widely used as dispute resolution mechanisms for outsourcing agreements. In our experience, mediation is provided for from time to time, but not regularly..

13.11.2016 · by Gloria Lee, Jessica Li and Joey Kwan Lam Siu Mui (not her real name), a 40-year-old who has worked as a cleaner for than 20 years, sits with a union organiser and prepares to tell her story. In December, 2014, she started working for a contractor providing outsourced cleaning services for a public […] New outsourcing guidelines for insurers in Hong Kong. The Hong Kong Insurance Authority (HKIA) has issued a new guidance note (GN14) for the insurance industry in relation to outsourcing arrangements, which came into effect on 1 January 2013.

New Outsourcing Guidelines from the Hong Kong Office of the Commissioner of Insurance The Hong Kong Office of the Commissioner of Insurance recently published a Guidance Note on Outsourcing (GN14), to regulate the business and operational risks created by the outsourcing of business activities by insurers. Essential Issues GN14 sets out the Hong Kong does not have any specific statutes that govern and regulate outsourcing arrangements in the jurisdiction. However, there are a number of industry-specific regulations and guidelines published by relevant government authorities that apply to outsourcing transactions (see Question 2).

1.0.5 While the Guidelines are not legally binding, the degree of observance with the spirit of the Guidelines by an FI is an area of consideration in the risk assessment of the FI by MAS. 1 Financial institution has the same meaning as in section 27A(6) of the Monetary Authority of Singapore Act (Cap. 186). European Banking Authority’s Draft Guidelines on Outsourcing: Discussion of Key Themes By Latham & Watkins LLP on September 14, 2018 Posted in Brexit, Emerging Companies and Technology, EU and Competition, Finance and Capital Markets. The EBA’s draft guidelines on outsourcing will impact cloud outsourcing and institutions’ deployment of

1.0.5 While the Guidelines are not legally binding, the degree of observance with the spirit of the Guidelines by an FI is an area of consideration in the risk assessment of the FI by MAS. 1 Financial institution has the same meaning as in section 27A(6) of the Monetary Authority of Singapore Act (Cap. 186). In Hong Kong, banks are required to comply with the “Supervisory Policy Manual – Outsourcing (SA-2)” issued by the Hong Kong Monetary Authority (HKMA) with respect to outsourcing activities. The HKMA has also issued Risk Assessment Forms specifically for technology outsourcing (e.g. outsourcing of system maintenance and administration

New outsourcing guidelines for insurers in Hong Kong. The Hong Kong Insurance Authority (HKIA) has issued a new guidance note (GN14) for the insurance industry in relation to outsourcing arrangements, which came into effect on 1 January 2013. European Banking Authority’s Draft Guidelines on Outsourcing: Discussion of Key Themes By Latham & Watkins LLP on September 14, 2018 Posted in Brexit, Emerging Companies and Technology, EU and Competition, Finance and Capital Markets. The EBA’s draft guidelines on outsourcing will impact cloud outsourcing and institutions’ deployment of

In Hong Kong, both the court system and the Hong Kong International Arbitration Centre are widely used as dispute resolution mechanisms for outsourcing agreements. In our experience, mediation is provided for from time to time, but not regularly. 14.10.2019В В· The European Banking Authority Outsourcing Guidelines came into effect on 30 September 2019. They are more prescriptive than the previous guidance and have a broader scope, applying to payment and e-money companies for the first time.

KingMed Diagnostics (Hong Kong) Limited was established in 2014. 2016 - New Central Laboratory Aligning with the mission of the mother company for being the best independent laboratory in private sector, a new central medical testing laboratory of 12,500 sq. ft. at Kwun Tong is built in May 2016. These Guiding Principles have been suitably incorporated in the guidelines now being issued by RBI. Internationally, several countries have also put in place, guidelines on outsourcing in financial services. These include USA, UK, Germany, Hong Kong, Australia and Singapore. The guidelines of RBI are based on international best practices.

What EBA’s Outsourcing Guidelines Mean for Financial Institutions By Latham & Watkins LLP on March 18, 2019 Posted in Brexit, Emerging Companies and Technology, Finance and Capital Markets. The guidelines create new obligations for financial, payment, and electronic money institutions that will impact cloud outsourcing and deployment of FinTech. 1.0.5 While the Guidelines are not legally binding, the degree of observance with the spirit of the Guidelines by an FI is an area of consideration in the risk assessment of the FI by MAS. 1 Financial institution has the same meaning as in section 27A(6) of the Monetary Authority of Singapore Act (Cap. 186).

In Hong Kong, both the court system and the Hong Kong International Arbitration Centre are widely used as dispute resolution mechanisms for outsourcing agreements. In our experience, mediation is provided for from time to time, but not regularly. Government outsourcing in Hong Kong . 2.1 In Hong Kong, the Government has an established policy that it Source: Efficiency Unit (2016). Value and duration of non-work contracts . 2.6 As shown in Table 2, 70% of non-works contracts were small-sized contracts in 2012.

Reading Time: 12 minutesMAS Issues New Guidelines on Outsourcing Risk Management with Guidance on Cloud Services This article comes courtesy of Shook Lin & Bok LLP. One of the leading and full-service commercial law firms in Singapore with a strong Asian presence and global reach. They have close to a century of rich legal heritage with a Olswang Asia - A Practical Guide to the MAS Outsourcing Guidelines United Kingdom 03.08.2016 This article was produced by Olswang LLP, which joined with CMS on 1 May 2017.

August 5, 2016 . SIDLEY UPDATE . MAS Issues Revised Guidelines on Outsourcing in Singapore . On July 27, the Monetary Authority of Singapore (MAS) issued the revised Guidelines on Outsourcing (Guidelines). The revised Guidelines represent a culmination of extensive industry and public consultation on European Banking Authority’s Draft Guidelines on Outsourcing: Discussion of Key Themes By Latham & Watkins LLP on September 14, 2018 Posted in Brexit, Emerging Companies and Technology, EU and Competition, Finance and Capital Markets. The EBA’s draft guidelines on outsourcing will impact cloud outsourcing and institutions’ deployment of

New expectations for financial institution outsourcing and cloud arrangements in Singapore. On 27 July 2016, the Monetary Authority of Singapore (“ MAS ”) issued new Guidelines on Outsourcing (the “ Guidelines ”), together with a response to industry feedback and an … The Monetary Authority of Singapore (MAS) has published revised guidelines on how financial institutions should manage risk in their outsourcing arrangements. Here are some of the key differences between the revised Guidelines and the previous Guidelines. Cloud computing. The revised Guidelines cover cloud computing for the first time.

05.08.2016 · IT can make or break a business. Systems are critical. Outsourcing creates opportunities — focus, quality, and efficiency. It creates new risks — costs, confusion, complexity. We have the experience. Technology, novel software, and telecoms systems. Industries including the most highly regulated HKCOG Guidelines Guidelines for the Management of Gestational Diabetes Mellitus published by The Hong Kong College of Obstetricians and Gynaecologists A Foundation College of Hong Kong Academy of Medicine Number 7 Revised HKCOG GUIDELINES NUMBER 7 (revised November 2016…

In Hong Kong, both the court system and the Hong Kong International Arbitration Centre are widely used as dispute resolution mechanisms for outsourcing agreements. In our experience, mediation is provided for from time to time, but not regularly. B/Ds shall formulate their own departmental IT policies, procedures and guidelines based on all the government security requirements and implementation guidance specified in the Security Regulations and the Government IT Security Policy and Guidelines mentioned in Sections 2.3.1 and 2.3.2 above. Ref. No. : S17 . 4

13.11.2016 · by Gloria Lee, Jessica Li and Joey Kwan Lam Siu Mui (not her real name), a 40-year-old who has worked as a cleaner for than 20 years, sits with a union organiser and prepares to tell her story. In December, 2014, she started working for a contractor providing outsourced cleaning services for a public […] New outsourcing guidelines for insurers in Hong Kong. The Hong Kong Insurance Authority (HKIA) has issued a new guidance note (GN14) for the insurance industry in relation to outsourcing arrangements, which came into effect on 1 January 2013.

14.10.2019В В· The European Banking Authority Outsourcing Guidelines came into effect on 30 September 2019. They are more prescriptive than the previous guidance and have a broader scope, applying to payment and e-money companies for the first time. In Hong Kong, both the court system and the Hong Kong International Arbitration Centre are widely used as dispute resolution mechanisms for outsourcing agreements. In our experience, mediation is provided for from time to time, but not regularly.

Baseline IT Security Policy. GN14 applies to all insurers in Hong Kong and it covers the outsourcing of services to service providers, be they third parties (including group companies) or other business units of the same company (such as foreign branches and head offices). For insurers incorporated or based in Hong Kong, GN14 will apply to all outsourcing arrangements., European Banking Authority’s Draft Guidelines on Outsourcing: Discussion of Key Themes By Latham & Watkins LLP on September 14, 2018 Posted in Brexit, Emerging Companies and Technology, EU and Competition, Finance and Capital Markets. The EBA’s draft guidelines on outsourcing will impact cloud outsourcing and institutions’ deployment of.

New Outsourcing Guidelines From The Hong Kong Office Of

hong kong outsourcing guidelines 2016

New outsourcing guidelines for insurers in Hong Kong in. 13.11.2016 · by Gloria Lee, Jessica Li and Joey Kwan Lam Siu Mui (not her real name), a 40-year-old who has worked as a cleaner for than 20 years, sits with a union organiser and prepares to tell her story. In December, 2014, she started working for a contractor providing outsourced cleaning services for a public […], Outsourcing guidelines for HKMA and SFC Although the above guidelines and recommended controls are for the Authorized Institutions (AIs – in case of HKMA) and for the Licensed Corporations (LCs – in case of SFC) there are certain IT Security Guidance for Hong Kong Monetary Authority.

hong kong outsourcing guidelines 2016

Guidance Note pcpd.org.hk

hong kong outsourcing guidelines 2016

Communications regulation and outsourcing in Hong Kong. 10.12.2012В В· From 1 January 2013 authorised insurers in Hong Kong must comply with new guidelines issued by the Hong Kong Insurance Authority (the "HKIA") and obtain the approval of the HKIA if they wish to outsource certain of their functions to third party service providers. From 1 January 2013 authorised insurers in Hong Kong must comply with new guidelines issued by the Hong Kong Insurance Authority (the "HKIA") and obtain the approval of the HKIA if they wish to outsource certain of their functions to third party service providers..

hong kong outsourcing guidelines 2016

  • European Banking Authority Outsourcing Guidelines Come
  • Outsourcing 2019 Laws and Regulations Hong Kong ICLG
  • New outsourcing guidelines for insurers in Hong Kong in
  • New expectations for financial institution outsourcing and

  • In Hong Kong, banks are required to comply with the “Supervisory Policy Manual – Outsourcing (SA-2)” issued by the Hong Kong Monetary Authority (HKMA) with respect to outsourcing activities. The HKMA has also issued Risk Assessment Forms specifically for technology outsourcing (e.g. outsourcing of system maintenance and administration 19.08.2016В В· The Monetary Authority of Singapore (MAS) introduced new guidelines on outsourcing for financial institutions on 27 July, 2016 (the Guidelines). The Guidelines are the product of extensive industry and public consultation, and supersede the guidelines on outsourcing previously issued in October 2004 (as updated in July 2005).

    From 1 January 2013 authorised insurers in Hong Kong must comply with new guidelines issued by the Hong Kong Insurance Authority (the "HKIA") and obtain the approval of the HKIA if they wish to outsource certain of their functions to third party service providers. 15.08.2016 · On 27 July 2016, the Monetary Authority of Singapore (the “MAS”) issued new Guidelines on Outsourcing Risk Management (the “new Guidelines”), together with a set of Frequently Asked Questions on Outsourcing (the “FAQs”). The new Guidelines supersede the previous version issued in 2004, as well as the Information

    European Banking Authority’s Draft Guidelines on Outsourcing: Discussion of Key Themes By Latham & Watkins LLP on September 14, 2018 Posted in Brexit, Emerging Companies and Technology, EU and Competition, Finance and Capital Markets. The EBA’s draft guidelines on outsourcing will impact cloud outsourcing and institutions’ deployment of 19.08.2016 · The Monetary Authority of Singapore (MAS) introduced new guidelines on outsourcing for financial institutions on 27 July, 2016 (the Guidelines). The Guidelines are the product of extensive industry and public consultation, and supersede the guidelines on outsourcing previously issued in October 2004 (as updated in July 2005).

    Olswang Asia - A Practical Guide to the MAS Outsourcing Guidelines United Kingdom 03.08.2016 This article was produced by Olswang LLP, which joined with CMS on 1 May 2017. 10.12.2012В В· From 1 January 2013 authorised insurers in Hong Kong must comply with new guidelines issued by the Hong Kong Insurance Authority (the "HKIA") and obtain the approval of the HKIA if they wish to outsource certain of their functions to third party service providers.

    In Hong Kong, both the court system and the Hong Kong International Arbitration Centre are widely used as dispute resolution mechanisms for outsourcing agreements. In our experience, mediation is provided for from time to time, but not regularly. In Hong Kong, both the court system and the Hong Kong International Arbitration Centre are widely used as dispute resolution mechanisms for outsourcing agreements. In our experience, mediation is provided for from time to time, but not regularly.

    for Personal Data, Hong Kong (the “Commissioner”). However, pursuant to paragraph 2.2 of the PI Code, the property manager should, wherever practicable, give the visitor the option to adopt other less privacy-intrusive alternatives than providing his HKID Card number. Examples of such alternatives include identification of Hong Kong: HKMA publishes a revised guideline on Virtual Banks. Norton Rose Fulbright’s Financial services: Regulation tomorrow offers a convenient resource for those keeping track of the evolving and increasingly complex global financial services regulatory environment. It reports on financial services regulatory developments and

    25.10.2012 · The Hong Kong Office of the Commissioner of Insurance recently published a Guidance Note on Outsourcing. Hong Kong Corporate/Commercial Law Clyde & Co 25 Oct 2012. Hong Kong: New Outsourcing Guidelines From The Hong Kong Office Of The Commissioner Of Insurance. Last Updated: 25 October 2012. Article by Andrew Holderness, for Personal Data, Hong Kong (the “Commissioner”). However, pursuant to paragraph 2.2 of the PI Code, the property manager should, wherever practicable, give the visitor the option to adopt other less privacy-intrusive alternatives than providing his HKID Card number. Examples of such alternatives include identification of

    Guidance on Determination of Outsourcing for Fund Management Companies 1. Background The Monetary Authority of Singapore (“MAS”) issued the revised Guidelines on Outsourcing (“Guidelines”) on 27 July 2016. The Guidelines set out the minimum requirements of outsourcing Hong Kong - New outsourcing guidelines for insurers. From 1 January 2013 authorised insurers in Hong Kong must comply with new guidelines issued by the Hong Kong Insurance Authority (the “HKIA”) and obtain the approval of the HKIA if they wish to outsource certain of their functions to third party service providers.

    August 5, 2016 . SIDLEY UPDATE . MAS Issues Revised Guidelines on Outsourcing in Singapore . On July 27, the Monetary Authority of Singapore (MAS) issued the revised Guidelines on Outsourcing (Guidelines). The revised Guidelines represent a culmination of extensive industry and public consultation on The Monetary Authority of Singapore (MAS) has published revised guidelines on how financial institutions should manage risk in their outsourcing arrangements. Here are some of the key differences between the revised Guidelines and the previous Guidelines. Cloud computing. The revised Guidelines cover cloud computing for the first time.

    The Monetary Authority of Singapore (MAS) has published revised guidelines on how financial institutions should manage risk in their outsourcing arrangements. Here are some of the key differences between the revised Guidelines and the previous Guidelines. Cloud computing. The revised Guidelines cover cloud computing for the first time. HKCOG Guidelines Guidelines for the Management of Gestational Diabetes Mellitus published by The Hong Kong College of Obstetricians and Gynaecologists A Foundation College of Hong Kong Academy of Medicine Number 7 Revised HKCOG GUIDELINES NUMBER 7 (revised November 2016…

    Hong Kong - New outsourcing guidelines for insurers. From 1 January 2013 authorised insurers in Hong Kong must comply with new guidelines issued by the Hong Kong Insurance Authority (the “HKIA”) and obtain the approval of the HKIA if they wish to outsource certain of their functions to third party service providers. In Hong Kong, banks are required to comply with the “Supervisory Policy Manual – Outsourcing (SA-2)” issued by the Hong Kong Monetary Authority (HKMA) with respect to outsourcing activities. The HKMA has also issued Risk Assessment Forms specifically for technology outsourcing (e.g. outsourcing of system maintenance and administration

    Supervisory Policy Manual SA-2 Outsourcing V.1 – 28.12.01 1 This module should be read in conjunction with the Introduction and with the Glossary, which contains an explanation of abbreviations and other terms used in B/Ds shall formulate their own departmental IT policies, procedures and guidelines based on all the government security requirements and implementation guidance specified in the Security Regulations and the Government IT Security Policy and Guidelines mentioned in Sections 2.3.1 and 2.3.2 above. Ref. No. : S17 . 4

    Reading Time: 12 minutesMAS Issues New Guidelines on Outsourcing Risk Management with Guidance on Cloud Services This article comes courtesy of Shook Lin & Bok LLP. One of the leading and full-service commercial law firms in Singapore with a strong Asian presence and global reach. They have close to a century of rich legal heritage with a Hong Kong does not have any specific statutes that govern and regulate outsourcing arrangements in the jurisdiction. However, there are a number of industry-specific regulations and guidelines published by relevant government authorities that apply to outsourcing transactions (see Question 2).

    27.07.2016 · The Monetary Authority of Singapore (MAS) has on 27 July 2016 introduced the new Guidelines on Outsourcing (Outsourcing Guidelines) to financial institutions following extensive industry and public consultation which commenced in the later half of 2014. The key change to the Outsourcing Guidelines Outsourcing guidelines for HKMA and SFC Although the above guidelines and recommended controls are for the Authorized Institutions (AIs – in case of HKMA) and for the Licensed Corporations (LCs – in case of SFC) there are certain IT Security Guidance for Hong Kong Monetary Authority

    Communications: regulation and outsourcing in Hong Kong: overviewby Gabriela Kennedy and Karen H.F. Lee, Mayer Brown JSMRelated ContentA Q&A guide to communications regulation and outsourcing law in Hong Kong.The Q&A gives a high level overview of communications law, including authorisation and licensing, universal service obligations What EBA’s Outsourcing Guidelines Mean for Financial Institutions By Latham & Watkins LLP on March 18, 2019 Posted in Brexit, Emerging Companies and Technology, Finance and Capital Markets. The guidelines create new obligations for financial, payment, and electronic money institutions that will impact cloud outsourcing and deployment of FinTech.

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