The FCA publishes proposals to ban sale of crypto-derivatives to retain consumers

The Financial Conduct Authority (“FCA“) has published proposals to ban the sale of derivatives or exchange traded notes (“ETNs“) which reference certain types of cryptoassets (“crypto–derivatives“), to address harm posed to retail consumers. The scope of the ban would extend to the sale, marketing and distribution of all derivatives (ie. options, futures and contracts for … Read more

New Government Outsourcing Playbook

Outsourcing has become an increasingly fraught activity, with a number of high-profile events such as the collapse of Carillion dominating the news cycle in recent months.  The launch of the Government Outsourcing Playbook is in part an acknowledgment of, and a response to, the heightened scrutiny that is being applied to outsourcing practices in general … Read more

Time to Mobilise: EBA finalises Guidelines on Outsourcing Arrangements

Following consultation in the second half of 2018, the European Banking Authority (“EBA“) published its Final Report on Draft Guidelines on Outsourcing Arrangements (the “Guidelines“) on 25 February 2019. Most provisions of the Guidelines will enter into force on 30 September 2019. At the same time, the Guidelines will replace those issued by the EBA’s … Read more

Digital TMT and Sourcing Predictions 2019

  2018 was a landmark year for digital TMT and sourcing. Against the backdrop of the UK’s impending departure from the EU, there were a wealth of highlights as regulation moved further towards greater harmonisation at the European level; the EU General Data Protection Regulation (“GDPR“) came into effect on 25 May 2018 and implemented … Read more