CIPS

Are you ready for the PRA’s new outsourcing and third-party risk guidelines?

UK banks, financial institutions and PRA-designated investment firms have been battling to implement new guidelines set by the European Banking Authority (EBA) around reviewing and updating outsourcing contracts. In the UK, the Prudential Regulation Authority (PRA) has applied its own supervisory statement, yet many procurement teams are still struggling with a lack of clarity over the guidelines.

It is vital to be well equipped to implement contingency or continuity plans and to be clear on what arrangements you need to include in your outsourcing contracts to achieve compliance.

Download this CIPS Download guide, produced in partnership with ivalua, as we cut through the complexities to explain what the PRA guidelines are, how procurement teams can ensure they meet the new requirements and how technology can help.

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Please select an option

First Name

Last Name

Work Email

Create Password

Phone (incl international code)

Job Title

Company

Please select an option

CIPS Membership Number

Privacy Notice

We sometimes partner with other organisations to create industry-leading content pieces that are free to access. Details of other organisations we work with can be found within our Privacy Statement.

Please tick here if you DON’T want to receive relevant products, promotions and other services from CIPS via the following channels:

by email Required

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By selecting "SIGN UP" you confirm that you agree to our Terms and Conditions statement.

Are you ready for the PRA’s new outsourcing and third-party risk guidelines?

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