Abstract
The prime mechanism by which risks in outsourcing have been managed has been through the contract, although theory and practice recognise that contracts can never be complete. Nevertheless, it is important to try to develop comprehensive contracts with appropriate clauses whilst being flexible to cope with changes in the environment. This chapter examines the role of the legal contract in minimising risks.
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Directive 2005/60/EC of the European Parliament and of the Council of 26 October 2005. “Prevention of the Use of the Financial System for the Purpose of Money Laundering and Terrorist Financing”, 25.11.2005 Official Journal of the European Union L 309/15.
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© 2012 Springer-Verlag Berlin Heidelberg
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Vagadia, B. (2012). Minimising Risk Through the Contract. In: Strategic Outsourcing. Management for Professionals. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-22209-2_11
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DOI: https://doi.org/10.1007/978-3-642-22209-2_11
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Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-22208-5
Online ISBN: 978-3-642-22209-2
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