Regulatory Standard no. 6/2022-R, of 7 June

Regulatory Standard no. 6/2022-R, of 7 June

The Insurance and Pension Funds Supervisory Authority, («ASF») approved on 7 June 2022 the Regulatory Standard no. 6/2022-R, which establishes requirements and general principles on security and governance of information and communication technologies (IT Systems) and specific requirements for the outsourcing to cloud computing service providers, including:

  • The provision of requirements for business continuity management in relation to IT Systems;
  • The definition of general requirements for the governance of outsourcing of cloud computing services;
  • The regulation of the duties that insurance and reinsurance undertakings must comply with in relation to the operational management of IT Systems and;
  • The provision of requirements prior to entering into an outsourcing agreement for cloud computing services and the regulation of rights and obligations that must be clearly identified and specified in the written agreement.
Filipe Ravara

Filipe Ravara

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