NBU Proposes Introduction of Third-Party Risk Management in Banks
· WOWERI
The National Bank of Ukraine proposes introducing third-party risk management in banks. This is a new measure to increase the stability of the banking system.
Introduction of Third-Party Risk Management in Banks
The National Bank of Ukraine proposes introducing third-party risk management in banks. This is a new measure to increase the stability of the banking system. Contracts with third-party providers must include clear terms. This measure will allow banks to more effectively manage risks and increase the level of security of their operations. According to the source biz.ligazakon.net, this innovation will increase the stability of the Ukrainian banking system.
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Source: biz.ligazakon.net