News & Analysis as of

Outsourcing

Best Strategies for Outsourcing Benefit Plan Services

Include all necessary interested parties in the process. This means including individuals with decision-making authority from Human Resources, Benefits, Labor Relations (if applicable), Finance, Payroll, and Legal. A...more

Outsourcing and Delegation – EU Commission Proposes Powers of Intervention

by Morgan Lewis on

Aware of the risks of regulatory arbitrage developing post-Brexit, a key feature of the Commission’s proposals allows ESAs to monitor the practices of EU27 regulators....more

Global In-House Centers in India, v2.0

GICs in India are evolving from cost-saving platforms into Innovation Centers for emerging digital technologies that can provide a competitive advantage. Recent years have seen a resurgence of interest in GICs in India...more

Restrictions on L-1 Visas Could Increase Outsourcing

by Ronald Shapiro on

Forbes contributor Stuart Anderson has recently stated that recent L1 visa and US H1B restrictions could result in increased outsourcing of jobs. As the federal government and Congress continue to deny access to temporary...more

FDA Unveils Ramped-up Regulatory Initiatives for Drug Compounders

by Reed Smith on

On September 26, 2017, FDA Commissioner Scott Gottlieb, M.D. released a statement about FDA’s ramped up regulatory initiatives for drug compounders. These initiatives include: (1) publishing a report that provides a list of...more

Employment Law Insights and Solutions (ELIS)

by Dentons on

In this special first edition of Dentons’ new global publication, Employment Law Insights and Solutions (ELIS), we identify some of the most important legislative developments and court decisions in the employment arena from...more

Reserve Bank announces revised BS11 Outsourcing Policy

by DLA Piper on

The Reserve Bank of New Zealand (RBNZ) released its revised BS11 Outsourcing Policy (BS11) last week following a two year consultation period. While the RBNZ initially consulted on lowering the threshold of BS11 to apply to...more

Financial Regulatory Observer - September 2017: Regulators put their heads in the cloud

by White & Case LLP on

A new wave of IT outsourcing by banks raises some important questions for regulators. Financial Regulatory Observer (FRO): Why is outsourcing back at the top of the agenda for banks and supervisory authorities? ...more

Mitigating Supply Chain Risk: Effective Transportation and Logistics Provider Diligence and Management Practices

by Benesch on

Every day, supply chain managers and logistics coordinators navigate a world of risk. Those risks include interruption due to delay, the damage, contamination, or loss of goods, customer service failures, and even regulatory...more

Frenemies: Gaining Efficiency Through Shared Services

by Bryan Cave on

Bryan Cave colleagues Ken Achenbach and Sean Christy join Jonathan and me on this episode of The Bank Account to examine the ability of banks to gain efficiency through shared services. Throughout the business environment,...more

Implications of the 2016 US Presidential Election for Trade Policy

by White & Case LLP on

The election of Donald J. Trump as the 45th President of the United States will have important implications for US trade policy. Assessing these implications in the immediate aftermath of the presidential election is,...more

ESMA Issues Opinions on Supervisory Convergence in the Areas of Investment Management and Secondary Markets

by Dechert LLP on

The European watchdog has issued its much anticipated opinions on outsourcing/delegation of: (i) fund management companies; (ii) MiFID entities; and (iii) trading venues. This Newsflash focuses on the opinions as they relate...more

Brazil to Enact Expansive Labor Law Reforms

by Littler on

On July 11, 2017, the Brazilian Senate approved the Labor Reform Bill, which is now before the president for signing. The Labor Reform Bill is one of the current administration's main projects to reignite the economy and make...more

India-Based Infosys Plans To Hire Thousands of U.S. Workers For New U.S. Locations

by Jackson Lewis P.C. on

Amid criticism of outsourcing firms, at least one large Indian outsourcing company is planning to hire 10,000 U.S. workers over the next two years. Infosys CEO Vishal Sikka announced the company will open four technology and...more

Outsourcing in the Pharmaceutical and Life Sciences Sectors – A UK Perspective

Pharmaceutical and Life Sciences companies operate in a demanding environment and face diverse challenges such as pricing pressure, increased regulatory requirements and mounting costs. With this backdrop, they have, starting...more

Survey Reports on State of Outsourcing and Shared Services Market

by Morgan Lewis on

KPMG Global Advisory and HfS Research reported in a joint survey that the outsourcing and shared services market continues to be in a state of change in 2017, pointing to a combination of business drivers and technological...more

Is Automation Really the New Outsourcing?

by Patrick Law Group, LLC on

As disruptive technologies continue to explode across the corporate technology landscape, a natural inclination from both business personnel and attorneys may be to draw parallels between these innovation tools and more...more

H-1B Visa Petitions from India-based Companies Drop Significantly in FY 2016

by Morgan Lewis on

The top seven India-based outsourcing companies received approximately 7,000 new H-1B visa petitions for initial employment in fiscal year 2016, representing a decrease of 37% between fiscal year 2015 and fiscal year 2016,...more

Outsourcing In The Hotel Industry – Beware Of The Pitfalls

by Fisher Phillips on

In recent years, a number of hotels both in the United States and abroad have increasingly outsourced certain departments. Housekeeping, valet parking, and some or all aspects of food service are frequently selected as...more

European Banking Authority (EBA) Publishes Draft Recommendations for Outsourcing to the Cloud

The European Banking Authority (EBA) has opened a consultation on its draft recommendations for financial institutions outsourcing to cloud service providers across all cloud-related domains including infrastructure as a...more

Contract Corner: Change Management in Commercial Contracts (Part 2)

by Morgan Lewis on

In our earlier Contract Corner post, we discussed the need for change management provisions to reduce the risk of costly renegotiations that could otherwise arise from changes that occur over the life of the long-term...more

Littler Global Guide - Mexico - Q1 2017

by Littler on

Amendment of Procedures - New Order or Decree - On February 24, 2017, Mexico’s President issued a Decree that amends Articles 107 and 123 of the Mexican Constitution to the effect that labor disputes will now be...more

Contract Corner: Change Management in Commercial Contracts (Part 1)

by Morgan Lewis on

While a primary goal of any well-crafted commercial agreement is durability—terms that work for the life of the agreement—the only certainty in the course of a long-term commercial relationship is the inevitability of change....more

2017 budget impacts for innovation and technology

by DLA Piper on

From a Government which had promised much in the way of innovation, the 2017 Budget is both underwhelming and, in one respect, potentially concerning. In terms of 'in' words, 'infrastructure' is very much in; 'innovation'...more

Navigating the IoT Workplace Quagmire

by Morgan Lewis on

The Internet of Things (IoT) promises a societal transformation based on a virtuous circle of constantly improving connectivity, integration, data, intelligence, and automation. One important element of this transformation is...more

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