Mindfields

Regulator readies for India

Regulator readies for India

03 Jul 2012 | The Australian Financial Review

Director of boutique outsourcing advisory firm Mindfields, Mohit Sharma, said Australian financial services organisations such as banks and insurance companies had increased overseas outsourcing in the past 10 years, so it was a prudent step from APRA to visit captive centres and outsourcing vendors.

“Such visit would induce confidence and enforce transparency between APRA, Australian organisations and vendors. APRA should have a comprehensive onsite review of past, current and future strategies of Australian organisations, captives and vendor organisations”, Mr. Sharma said.

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