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Recital 49

Recital 49

(49)The notification of outsourcing arrangements to the supervisor does not imply an acceptance of the outsourcing arrangement. The information contained in that notification, in particular where critical functions are outsourced or where the obliged entity systematically outsources its functions, might however be taken into consideration by supervisors when assessing the obliged entity’s systems and controls, and when determining the residual risk profile or in preparation for inspections.

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