6.10.1 comply with any guidance or requirements on outsourcing as prescribed by MAS or the Depository;

6.10.2 have in place adequate audit trails of the activities performed by the service provider;

6.10.3 ensure that the service provider provides the Depository with any information, including records of the work done by the service provider and any other records maintained by the service provider, at the Depository’s request;

6.10.4 ensure that the service provider provides the Depository access to all relevant records and systems and that the Depository is able to perform on-site inspections of the outsourced operations in the same way as if the outsourced operations were residing in the Depository Agent and without any costs to the Depository;

6.10.5 inform the Depository promptly of any disciplinary actions taken against the service provider, or any issues raised by internal or external auditors or any authority that regulates the service provider pertaining to the activities outsourced to the service provider; and

6.10.6 ensure that any internal audit requirements prescribed by the Depository are also complied with in relation to the outsourced operations.