FFIEC IT Examination Handbook
Outsourcing Technology Services booklet (June 2004) – FFIEC IT Examination Handbook

FFIEC IT Examination Handbook OTS-24: Outsourcing to Foreign Service Providers (Outsourcing Technology Services)

What does OTS-24 require?

Outsourcing to foreign-based providers is subject to the same due diligence and assessment as domestic relationships, and the institution also identifies, assesses, prevents and controls the unique strategic, reputation, credit, liquidity, transactional, geographic and compliance risks such relationships create, using the guidance in Appendix C.

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