Outsourcing Guidelines for Broker Dealers

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SEC MEMORANDUM CIRCULAR NO. 5, S. 2014: Outsourcing Guidelines for Broker Dealers

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Title Supreme Court: Outsourcing Guidelines for Broker Dealers

Law: Sec Memorandum Circular No. 5, S. 2014

Decision Date: Feb 5, 2014

The Philippine SEC issues guidelines on outsourcing arrangements for broker dealers, allowing back office functions to be outsourced but prohibiting the outsourcing of material activities without specific permissions, while emphasizing the need for due diligence, compliance with securities laws, and protection of confidential information.

outsourcing guidelines

broker dealers

back office functions

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