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UK Government launches Fintech Sector Strategy

United Kingdom - March 29 2018 The Government has released its FinTech Sector Strategy (Strategy), which sets out plans for preserving and increasing the UK’s presence and…

Sam Robinson, Ian Stevens, Hayley Waddington

FCA finalise guidance for firms outsourcing to the cloud and other third-party IT services

United Kingdom - July 21 2016 On 7 July 2016, the Financial Conduct Authority (FCA) published its finalised guidance (the Guidance), “FG16/5 - Guidance for firms outsourcing to…

Aidan Campbell, Victoria Hewson, Ian Stevens

Outsourcing in the insurance sector: changes under the new Solvency II regulatory framework

European Union - March 5 2015 The Solvency II Directive (2009/138/EC) sets out the framework for a revised regulatory regime for the insurance sector, reforming capital…

Paul Edmondson, Laura Lucy, Ash Saluja, Ian Stevens

FCA and PRA fines highlight firms' accountability for failures of their outsourcing providers

United Kingdom - June 4 2019 The importance the financial regulators place on effective oversight and management of outsourcing arrangements has been highlighted by both the PRA…

Alison McHaffie, Ian Stevens

Robotic process automation - understanding the legal issues

United Kingdom - August 2 2017 Quite simply, Robotic Process Automation (RPA) is software which mimics and replaces computer facing work which is or can be done by humans. Think of…

Ian Stevens