JMGT_V2_N3_A1 Francis De Clippele Journal on Management 2230 – 715X 2 3 1 4 Legal consequences, ICT activities, financial sector, outsourcing activities, liability, principles of outsourcing activities Outsourcing ICT activities in the bank sector are subject to particular regulation and require even more prudence when it comes to topics of liability, privacy, auditing and compliance. The article wants to give an overview of the principles and law applicable to the outsourcing activities as well from the point of the consumer, of the financial institution as from a point of view of the service provider offering and executing the outsourcing. December 2007 - February 2008 Copyright © 2008 i-manager publications. All rights reserved. i-manager Publications http://www.imanagerpublications.com/Article.aspx?ArticleId=310