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Identification of critical services and assessment of criticality

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Full Text of the Document

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....ity (1) A Payment Service Provider shall put in place a risk-based framework to assess the criticality of services that they receive or plan to receive from a Third-party Service Provider. (2) Such assessment shall be undertaken at the time of commencement of operations and at regular intervals thereafter to identify critical services. (3) The framework under sub-regulation (1) shall cons....

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