The European Securities and Markets Authority has published newly developed Principles on third-party risks supervision, intended to support a common and effective EU-wide supervisory culture. The 14 principles respond to growing risks in supervised firms’ use of outsourcing, delegation and other third-party services. They are designed to provide a common supervisory basis for National Competent Authorities and ESMA, strengthen supervisory frameworks, and help supervised entities better understand and manage third-party risks. ESMA will support progressive implementation through supervisory discussions and case studies among National Competent Authorities.
European Securities and Markets Authority 2025-06-12
European Securities and Markets Authority publishes 14 principles to harmonise supervision of third-party risks across the EU
The European Securities and Markets Authority (ESMA) has issued 14 Principles on third-party risks supervision to foster a unified EU-wide supervisory culture. These principles address risks associated with outsourcing and delegation, aiming to enhance supervisory frameworks and assist entities in managing third-party risks. ESMA will facilitate implementation through discussions and case studies with National Competent Authorities.