Intra-group service provider: Difference between revisions
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* [[Financial authority]] | * [[Financial authority]] | ||
* [[Financial institution]] | * [[Financial institution]] | ||
* [[Financial Stability Board]] (FSB) | |||
* [[Group]] | * [[Group]] | ||
* [[Intragroup]] | * [[Intragroup]] | ||
Latest revision as of 20:00, 17 January 2024
Supply chain - suppliers.
A service provider that is part of a financial institution’s group and provides services to entities within this same group.
"Intra-group service providers may include a financial institution’s parent undertaking, sister companies, subsidiaries, service companies or other entities that are under common ownership or control.
Branches are not considered intra-group providers, as they are not separate legal entities from their head offices."
Enhancing Third-Party Risk Management and Oversight: A toolkit for financial institutions and financial authorities, Financial Stability Board, December 2023
