Request my demo
Request my demo

Top Rated Solution for Vendor and Contract Lifecycle Management

G2 reviews, 4.5 stars Software Advice, 4.7 stars

“Before Gatekeeper, our contracts were everywhere and nowhere.”

Anastasiia Sergeeva, Legal Operations Manager, BlaBlaCar

“Gatekeeper is that friendly tap on the shoulder, to remind me what needs our attention.”

Donna Roccoforte, Paralegal, Hakkasan Group

“Great System. Vetted over 25 other systems and Gatekeeper rose to the top.”

Randall S. Wood, Associate Corporate Counsel, Cricut

Book your Free Demo of Gatekeeper
Gatekeeper Contract and Vendor Management Glossary

Search common contracting language and take a deeper dive to discover what each means

Glossary > O

OSFI of Canada Guideline B-10 Compliance

The Third-Party Risk Management Guideline B-10 is a guideline issued by the Office of the Superintendent of Financial Institutions (OSFI), which is the primary regulator of banks and insurers in Canada. The guideline provides direction to financial institutions on how to manage and mitigate the risks associated with using third-party service providers.

To comply with Guideline B-10, businesses must establish and maintain a risk management program that includes policies, procedures, and controls for identifying, assessing, monitoring, and mitigating third-party risks. The program must also include due diligence processes for selecting and monitoring third-party service providers, as well as contractual requirements for data security, confidentiality, and the protection of customers' personal information.

 

< Previous Next >
close