Critical service
From ACT Wiki
1. Supply chain - suppliers - financial services.
A service provision whose failure or disruption could significantly impact a financial institution’s viability, operations, or ability to meet legal and regulatory obligations.
(Source - Financial Stability Board (FSB).)
2. Supply chain - suppliers.
Similar situations and dependencies in other sectors.
See also
- Critical service provider
- Critical third parties (CTP)
- Financial authority
- Financial institution
- Financial services
- Financial Stability Board (FSB)
- Intra-group service provider
- Law
- Nth-party service provider
- Outsourcing
- Service provider
- Supply chain
- Systemic third-party dependency
- Third party
- Third-party risk
- Third-party service provider
- Third-party service relationship
