IOSCO is consulting on draft Principles for Outsourcing by Markets. The principles complement the outsourcing principles for market intermediaries and cover:  

  • due diligence in service provider selection and performance monitoring;  
  • the contract with a service provider;  
  • business continuity at the outsourcing provider;  
  • security and confidentiality of information;  
  • termination procedures; and  
  • regulators' and markets' access to books and records, including rights of inspection.  

It asks for comments by 20 May 2009.