Solutions

Third-party risk workflows for teams, industries, and regulatory obligations.

Browse Halbarad by the operating context your team needs: industry, company stage, or regulation.

Regulations

Start with common GRC, ICT, resilience, privacy, and outsourcing regimes, or open the full regulation library by region.

United States

US Interagency TPRM

The U.S. Interagency Third-Party Risk Management Guidance, jointly issued by the Federal Reserve, FDIC, and OCC, is the primary federal framework for managing third-party risk across the banking industry. It extends well beyond traditional outsourcing and vendor management, applying a risk-based approach to all external business relationships throughout their entire lifecycle. The guidance requires banking organizations to remain accountable for risks introduced by third parties, whether they provide technology, cloud services, payment processing, lending support, customer service, compliance solutions, marketing, or other critical business functions. Rather than prescribing identical due diligence for every vendor, it expects institutions to assess risk proportionately and apply governance, oversight, monitoring, and controls based on the criticality and risk of each relationship.

Canada

OSFI B-10

OSFI Guideline B-10 is Canada's prudential third-party risk management guideline for federally regulated financial institutions. The important shift is that B-10 is not just an outsourcing guideline. OSFI wants FRFIs to understand and manage the risk that comes from relying on outside parties. That includes classic outsourcing, but also technology providers, cloud providers, consultants, data providers, affiliates, utilities, and other arrangements that can affect the institution. B-10 is principles-based and risk-based. It does not require the same process for every third party.

UK / EU

PRA SS2/21

PRA SS2/21 is the Prudential Regulation Authority's supervisory statement on outsourcing and third-party risk management. It is detailed, practical, and especially important for material outsourcing, cloud outsourcing, data, audit rights, business continuity, exit, and governance. SS2/21 aims to make outsourcing safer without blocking firms from using specialist providers and cloud services. The PRA's concern is that a firm should remain able to meet its obligations when a service is outsourced. The supervisory statement is particularly useful because it translates high-level requirements into practical areas: identify outsourcing, determine materiality, perform due diligence, keep a register, write appropriate contracts, manage cloud and data risk, monitor the provider, and plan for exit.

UK / EU

EU DORA ICT TPRM

DORA is not just an ICT vendor rule. It is the European Union's financial-sector digital operational resilience regulation. DORA harmonizes digital operational resilience requirements across the EU financial sector. Before DORA, ICT risk expectations were spread across national rules, supervisory guidance, outsourcing guidelines, and sector-specific requirements. The practical idea is simple but demanding: a financial entity should not discover its most important ICT dependencies during a disruption.

Singapore

MAS TPRM

"MAS TPRM" is a practical label, not the name of one standalone Singapore regulation. Singapore financial institutions usually need to understand third-party risk through several MAS materials: outsourcing guidelines, technology risk management guidance, business continuity expectations, cyber hygiene notices, and related supervisory expectations. MAS wants financial institutions to remain responsible for regulated activities even when work is performed by another party. Outsourcing can reduce cost, speed delivery, or give access to specialist technology, but it can also create operational, technology, confidentiality, conduct, concentration, and resilience risk. The MAS approach is practical: know what you outsource, decide what is material, perform due diligence, put the right contract terms in place, monitor the arrangement, understand subcontracting, protect confidential information, keep audit and access rights, maintain continuity, and plan for exit.

India

RBI IT Outsourcing

RBI's IT outsourcing direction governs how regulated entities outsource information technology and IT-enabled services. It is a technology outsourcing framework, not a generic vendor policy. RBI recognizes that regulated entities rely heavily on IT and IT-enabled services. Outsourcing those services can create operational, cyber, data, customer, concentration, business continuity, legal, and supervisory risk. The underlying principle is accountability. A regulated entity should not lose control over its regulated obligations because the technology is run by another company.

APAC

APRA CPS 230

APRA CPS 230 is a prudential standard on operational risk management. It is not simply an outsourcing standard. CPS 230 is APRA's move toward a more integrated view of operational risk. Instead of treating outsourcing, business continuity, and operational risk as separate compliance activities, the standard brings them together. The core question is: can the entity continue critical operations within tolerance during severe disruption, and can it show that the control environment is managed?

UAE / ADGM / CBUAE

CBUAE TPRM

"CBUAE TPRM" is a practical operating label. The clearest official starting point is the CBUAE Outsourcing Regulation for Banks and the related Outsourcing Standards for Banks. CBUAE wants banks to remain in control when activities are outsourced. Outsourcing should not reduce the bank's ability to meet obligations to customers or to the Central Bank. The CBUAE standards are especially operational: they address governance and risk management, materiality, outsourcing registers, data protection, minimum contract content, Central Bank access, outsourcing outside the UAE, internal audit and compliance, non-objection, reporting, and Islamic banking considerations.