Section 500.558. Oversee service provider arrangements; example.

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To oversee service provider arrangements, a licensee may do both of the following:

(a) Exercise appropriate due diligence in selecting its service providers.

(b) Require its service providers to implement appropriate measures designed to meet the objectives of these rules, and, where indicated by the licensee's risk assessment, take appropriate steps to confirm that its service providers have satisfied these obligations.

History: 2004 AACS.

                    
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