Outsourcing transfers the work, not the accountability

The MAS Guidelines on Outsourcing (October 2016, as revised), together with the third-party and cloud expectations in the TRM Guidelines, set out how a financial institution must govern what it outsources. The principle is firm: you may delegate an activity, but the responsibility for its risk stays with you, and MAS will expect you to demonstrate control.

That means a materiality assessment for each arrangement, structured due diligence, a maintained outsourcing register, attention to sub-contracting risk, enforceable audit and access rights, data confidentiality safeguards, specific handling of cloud outsourcing, and a credible exit strategy. Material arrangements draw the most supervisory attention.

How we work

Tier. We assess each arrangement for materiality so oversight effort lands where the risk actually is.
Diligence. We give you a repeatable due-diligence framework, not a one-off questionnaire.
Contract. We review security, audit-rights, and exit clauses so the paper matches the obligation.
Monitor. We stand up continuous oversight and reporting, including for cloud providers and their sub-contractors.

MAS-specific, by design

This complements rather than duplicates our generic Third-Party Risk Management service. Here the lens is squarely the MAS regime for financial institutions — so your outsourcing governance speaks the language your supervisor uses.