EBA Outsourcing Guidelines: a major shift in outsourcing governance

At the end of September 2019, a new set of regulations comes into effect that will have a wide ranging impact on regulated financial services firms, Fintechs and the communities of suppliers that service that community.

The EBA Outsourcing Guidelines are the most detailed and comprehensive set of rules on the conduct and governance of "outsourcing" that have been produced to date and set in motion mandatory requirements governing tendering, selection, management anad exit of outsourcing arrangements including intragroup arrangements.

In the first of a series of events from TORI Global and Taylor Wessing, we hosted a webinar to discuss a number of critical topics:

• What are the EBA Guidelines on outsourcing?
• What has changed? What do you need to be aware of?
• The impact on FinTechs
• The impact of Brexit
• Next steps and timelines
• How can we help?

This webinar is suitable for anyone with outsourcing accountability or responsibility across banks, building societies, payment institutions, electronic money institutions, wealth management firms and other credit institutions. It will also be beneficial for suppliers who provide outsourcing services to the FS markets, Fintechs, and anyone in the insurance industry keen to understand where key trends in the FS market are heading.