The UK regulators, PRA and FCA both see control over outsourcing as a key part of operational resilience. This Checklist brings together best practice, relevant regulations and, roles and responsibilities in a simple checklist that you can use to self assess your own implementation of the PRA and FCA outsourcing rules.
The checklist takes into account the relevant regulations such as the CRD, MiFID and of course SYSC. In creating this checklist we have taken into account the PRAs Consultation Paper CP30/19 but does not presume those are made rules so users of this checklist will be compliant to today’s standards.
This Excel based checklist for assessing Outsourcing by dual regulated firms (PRA and FCA) is included in the guide, How to Comply with PRA & FCA Outsourcing Rules as a Word document. If you buy the guide and want the checklist in Excel please let us know as we won’t charge you twice for the same product.
As with all our materials this checklist is formatted ready to print and \ or circulate internally. It has been designed with the assessor in mind, making it practical, succinct, and self explanatory with space for assessors to record and track their responses.
PRA & FCA Outsourcing Checklist
This file is in Microsoft Excel 97-2003 (*.xls) format. It is also available from our store in Microsoft Excel (*.xlsx) format.