Outsourcing road map
This presentation is the property of its rightful owner.
Sponsored Links
1 / 7

OUTSOURCING ROAD MAP PowerPoint PPT Presentation


  • 67 Views
  • Uploaded on
  • Presentation posted in: General

OUTSOURCING ROAD MAP. REFLECTIONS FROM APRA Sandra Telman. OVERVIEW. Prudential Standard SPS 231 Outsourcing - More than one year on – APRA’s observations regarding implementation of SPS 231. Approaches to assessing a ‘material business activity’. Outsourced agreements.

Download Presentation

OUTSOURCING ROAD MAP

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Outsourcing road map

OUTSOURCING ROAD MAP

REFLECTIONS FROM APRA

Sandra Telman


Overview

OVERVIEW

  • Prudential Standard SPS 231 Outsourcing - More than one year on – APRA’s observations regarding implementation of SPS 231.

  • Approaches to assessing a ‘material business activity’.

  • Outsourced agreements.

  • Notifications and offshoring consultations with APRA.

  • Messages from APRA.


One year on observations regarding implementation of sps 231

One year on … observations regarding implementation of SPS 231

  • Approaches to drafting of the Outsourcing Policy.

  • APRA’s process for assessment.

  • Examples of better practices.


Approaches to materiality

Approaches to materiality

  • Definition of a ‘material business activity’.

  • Observations regarding how a ‘material business activity’ is being assessed by trustees.

  • Conservative approach - preferred option.

  • Materiality of a business activity may change as service changes/expands.

  • Risk Management - processes to review a ‘material business activity’.


Outsourced agreements

Outsourced Agreements

  • SPS 231 – opportunities to review agreements and SLAs.

  • APRA access to service providers.

  • Sub-contracting – APRA’s expectations.


Notifications and offshoring consultations

Notifications and Offshoring Consultations

  • Industry practices regarding notifications and offshoring consultations.

  • APRA’s approach to notifications and offshoring consultations.

  • Reliance on GS 007.


Messages from apra

Messages from APRA

  • Communication.

  • Better practice – refer to APRA Guidance material.

  • FAQs.

  • APRA speeches.


  • Login