Outsourcing Policy

A professionally drafted Outsourcing Policy for banks, deposit-taking institutions and finance companies, covering outsourcing, third-party and service-provider risk. Australian edition, designed around the Australian regulatory framework (APRA, ASIC and AUSTRAC) as at the last-reviewed date shown — verify currency for your circumstances before use. Supplied as a fully editable Microsoft Word document, de-identified and ready to adapt to your organisation. Typical owner: Chief Risk Officer; approval: Board of Directors.

Typical owner	Chief Risk Officer
Typical approval	Board of Directors
Length	~4,879 words (approx. 12 pages)
Last reviewed	March 2026 — verify currency for your circumstances before use
Format	Microsoft Word (.docx), fully editable
Delivery	Instant download after purchase; re-download any time from your account
Licence	Single-organisation licence
Guarantee	Materially defective or misdescribed? We'll resupply, replace or refund within 30 days — see Terms

What's inside

1. Introduction
2. Purpose
3. Reasons for Outsourcing
4. Roles and Responsibilities
5. Materiality
6. Risk Framework
7. Outsourcing Process
8. Business Continuity Plan and Disaster Recovery Management
9. Audit Arrangements
10. APRA access to Outsourcing Information
Appendix A – Materiality Assessment
Appendix B - Outsourcing performance scorecard
Appendix C - Key issues to consider for monitoring
Policy Administration Information

Please note: this is a template prepared in good faith, not legal or compliance advice. Your organisation must review, tailor and approve it before use. Full disclaimer.