3. Outsourcing core functions
3.1.
The AFSA generally permits a FinTech Lab Participant to outsource any of the participant’s functions to a service provider (including a service provider within the participant’s Group). However, the FinTech Lab Participant remains responsible for compliance with the requirements of the Framework Regulations and the Rules.
3.2.
If the AFSA has difficulty in obtaining information from the FinTech Lab Participant about an outsourced function, the AFSA may limit the outsourcing of the function.