Course description
Modern financial services are increasingly reliant on outsourcing arrangements, particularly with the growth in digital transformation and cloud services. Properly managing these relationships is crucial - both to the stability and resilience of outsourcing institutions themselves, and to their wider regulatory compliance.
Presented by financial services regulation expert Thomas Howard, this virtual classroom seminar will provide an overview of the outsourcing rules that apply in the UK and EU and provide practical tips for negotiating and concluding outsourcing agreements, managing those agreements during their lifecycle, and ensuring the smooth transition or reintegration of services upon termination or expiry of those agreements.
The session is aimed at both financial services institutions looking to outsource functions and service providers looking to provide outsourced services to financial services institutions.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Modern financial services are increasingly reliant on outsourcing arrangements, particularly with the growth in digital transformation and cloud services.
Properly managing these relationships is crucial - both to the stability and resilience of outsourcing institutions themselves, and to their wider regulatory compliance.
This new virtual classroom seminar will provide an overview of the outsourcing rules that apply in the UK and EU and provide practical tips for negotiating and concluding outsourcing agreements, managing those agreements during their lifecycle, and ensuring the smooth transition or reintegration of services upon termination or expiry of those agreements.
The session is aimed at both financial services institutions looking to outsource functions and service providers looking to provide outsourced services to financial services institutions.
Find out:
- What is the definition of ‘outsourcing’ under the FCA Handbook and PRA Rulebook?
- What rules apply to outsourcing under the FCA and PRA regulatory frameworks
- What is the definition of ‘outsourcing’ under the guidelines issued by the European Supervisory Agencies?
- What rules apply to outsourcing under the guidelines issued by the European Supervisory Agencies
- What the challenges are in moving to the cloud (and how to deal with them)
What You Will Learn
This live and interactive session will cover the following:
- Practical advice on your regulatory obligations when outsourcing
- Practical advice on negotiating outsourcing agreements
- Outsourcing to the cloud - challenges and solutions
- Lifecycle management and dealing with issues in the course of a contract
- Ensuring an orderly transition or reintegration of services on termination or expiry of an outsourcing agreement
Expenses
MBL Seminars Limited
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