Managed policies are IAM resources that express permissions using the IAM policy language. You can create, edit, and manage separately from the IAM users, groups, and roles to which they are attached. After you attach a managed policy to multiple IAM users, groups, or roles, you can update that policy in one place and the permissions automatically extend to all attached entities. Managed policies are managed either by you (these are called customer managed policies) or by AWS (these are called AWS managed policies). For more information about managed policies, see Managed Policies and Inline Policies.
