This post was first published on our Digital TMT and Sourcing Notes blog. On 4 March 2020 the Financial Conduct Authority published a short set of findings from its review of outsourcing in the UK life insurance sector. Despite the review’s narrow scope, the FCA’s findings are readily applicable to other outsourcing contexts, so regulated firms … Read more
On 18 February, the FCA published its Sector Views for 2020. Described as its view of how the markets it regulates are performing, this “performance” is inevitably framed by its role as the UK’s conduct regulator. Sector Views also looks at how the financial environment is changing, through a range of different lenses – the … Read more
On 5 December 2019, the Bank of England (BoE), the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) released a number of publications on operational resilience, marking the launch of a consultation phase which will inform how the UK authorities seek to embed the consideration of operational resilience into the regulatory framework. Read more
In this blog post, we round-up forthcoming developments in the UK and at EU and International levels in financial services regulation which are expected for September 2019. Read more
Following consultation in the second half of 2018, the European Banking Authority (EBA) has published its final report on draft guidelines for outsourcing arrangements. The report contains both the guidelines at pages 17-55 and the EBA’s feedback on the public consultation at pages 68-125. Most provisions of the guidelines will enter into force on September … Read more
