Outsourcing and Third Party Risk Management

Policies relating to outsourcing and third party risk management for Solvency 2 insurers.

PRA Rules

UK legislation

Supervisory Statements and Statements of Policy

  • Outsourcing and third party risk management (SS2/21)
  • Operational resilience: Impact tolerances for important business services (SS1/21)
  • Strengthening individual accountability in insurance (SS35/15, Chapter 2)
  • Operational Resilience (Statement of Policy)

Other relevant material

Guidelines originally issued by European Supervisory Authorities should be read in conjunction with "Interpretation of EU Guidelines and Recommendations: Bank of England and PRA approach after the UK’s withdrawal from the EU" (Statement of Policy)

  • Guidelines on the System of Governance (EIOPA-BoS-14/253, Guidelines 14 and 60–64)
This page was last updated 31 January 2023