I am new to office 365 admin, can I get suggestion on the best practices for guest access on MS Team.
Also the policies to define for guest access.
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Hi there. Requirements for this will differ between organizations and will depend on internal policies along with applicable industry standards. I'd advise you to review https://docs.microsoft.com/en-us/microsoft-365/solutions/collaborate-as-team?view=o365-worldwide which shows the many options for configuring access for guests within Teams. This should help you decide which options work best for you.