Policy paper

Critical third parties to the finance sector: policy statement

HM Treasury鈥檚 proposal for mitigating risks from critical third parties to the finance sector.

From:
HM Treasury
Published
8 June 2022
This was published under the 2019 to 2022 Johnson Conservative government

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Critical third parties to the finance sector: policy statement

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Financial services firms and financial market infrastructure firms are increasingly relying on a small number of third parties outside the finance sector for key functions or services, such as cloud-based computing services.聽

These arrangements can come with many benefits but can also create risks. 聽

This document sets out HM Treasury鈥檚 approach to mitigating the risks posed by such 鈥榗ritical鈥� third parties to the UK finance sector.

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Published 8 June 2022

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