The FCA has recently published proposed guidance to clarify the requirements of firms when outsourcing to the ‘cloud’ and other third-party IT services. The guidance itself encompasses issues covered within the “Considerations for firms thinking of using third-party technology (off the shelf) banking solutions,” which was published back in July 2014. The more recent guidance seeks to help firms oversee all aspects of their outsourcing arrangements, from making the decision to implementation and exit. The FCA has invited comments and views on the proposed guidance by 12 February 2016.