English translation of the FINMA Circular 2018/3 – “Outsourcing banks and insurers” set to replace Circular 2008/7

For your convenience and future reference, we have translated the FINMA Outsourcing Circular (Circular 2018/3) which will enter into force on 1 April 2018. This circular will replace the present Outsourcing Circular 2008/7.

The English translation of the revised Circular can be found here.*

We draw your attention to the fact that this translation is unofficial and has not been approved or endorsed by FINMA.*

For any additional information on the revision process, please refer to our news dated 6.12.2017, 23.12.2016 and 7.12.2016.

*Editorial note dated 15th January 2018: In January 2018, FINMA published an English version of the new Outsourcing Circular which can be found here. Reference to our inhouse translation has been removed.